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.
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Xu, Minghua, "METHOD AND SYSTEM FOR USING VIRTUAL ACCOUNT", Technical Disclosure Commons, (July 21, 2020)