A METHOD AND SYSTEM FOR SELECTION OF PAYMENT CARDS FOR TRANSACTIONS AFTER PRE-STIPULATED TIME PERIODS
The present disclosure relates to a method and system for providing selection of payment cards for transactions after pre-stipulated time periods. The method includes generating a universal token for a consumer, such that the universal token is mapped to the consumer’s payment cards. Thereafter, the universal token is utilised for a transaction. In order for the transaction to be authorised, the universal token is authorised by issuing agencies. At an end of the pre-stipulated time period, the consumer may pay for purchases by choosing a payment card from a plurality of payment cards for each transaction made using the universal token. The transaction is ultimately cleared after the pre-stipulated time period using the payment card chosen by the consumer.
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RUNGTA, ADITI; HENG, JOZUA; TAY, EDWIN KAI CONG; LIM, WAY ZHENG CALVEN; and ZHAO, LUTONG, "A METHOD AND SYSTEM FOR SELECTION OF PAYMENT CARDS FOR TRANSACTIONS AFTER PRE-STIPULATED TIME PERIODS", Technical Disclosure Commons, (December 20, 2022)