Abstract
The present disclosure provides a method and a system for using a virtual account. The method comprises receiving first account identifier data associated with a first account of a first party. A first token may be generated based on the first account identifier. Second account identifier data associated with a second account of a second party may be received. A second token may be generated based on the second account identifier. First request data associated with a request to establish a virtual account may be received. A virtual account may be generated and may be funded by the second account associated with the second party. Invoice data associated with a transaction between the first party and the second party may be received. A transaction amount (e.g., from the invoice) may be debited from the virtual account and/or credited to the first account.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
Xu, Minghua, "METHOD AND SYSTEM FOR USING VIRTUAL ACCOUNT", Technical Disclosure Commons, (July 21, 2020)
https://www.tdcommons.org/dpubs_series/3442