US 12,136,091 B2
Systems and methods for secure transaction reversal
Viveka Vardhan Ravi, Stamford, CT (US); Tushar Divecha, Stamford, CT (US); Deborah Bernert, Stamford, CT (US); Jonathan M. Schmidt, Stamford, CT (US); Ashok Uppalapati, Stamford, CT (US); Ajay Yadav, Stamford, CT (US); and Craig Urbansky, Stamford, CT (US)
Assigned to SYNCHRONY BANK, Stamford, CT (US)
Filed by Synchrony Bank, Stamford, CT (US)
Filed on Sep. 19, 2023, as Appl. No. 18/469,617.
Application 18/469,617 is a continuation of application No. 17/365,266, filed on Jul. 1, 2021, granted, now 11,797,991.
Claims priority of provisional application 63/047,233, filed on Jul. 1, 2020.
Prior Publication US 2024/0086916 A1, Mar. 14, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/40 (2012.01)
CPC G06Q 20/401 (2013.01) 21 Claims
OG exemplary drawing
 
1. A computer-implemented method, comprising:
validating, by an account security system comprising a memory and one or more processors, a merchant system using merchant data to create a set of merchant credentials associated with validation for an authenticated merchant system using the merchant data;
facilitating secure transactions associated with the merchant system, wherein facilitating includes authenticating the merchant system using the set of merchant credentials for the secure transactions;
automatically generating transaction data for the secure transactions, wherein the transaction data includes tokenized client account numbers associated with the secure transactions;
processing, by the account security system, a refund request associated with the secure transactions, wherein the refund request includes the set of merchant credentials;
authorizing the refund request using the set of merchant credentials;
accessing, by a refund application programming interface (API) of the account security system, a database that includes the transaction data;
aggregating the refund request with a plurality of refund requests using a batch reversal system of the account security system;
scheduling batch processing for the plurality of refund requests for a scheduled time when spare resources of the account security system are available; and
automatically facilitating settlement of refund payments for the secure transactions using the authenticated merchant system and the transaction data.