Abstract
The present disclosure relates to a generic transaction card authorization method for approving a second user credit card transaction. The present disclosure suggests receiving a request from a first user via a first user device to a bank server for issuing a credit card through a parental control system, wherein the parental control system is used for setting and enforcing the restrictions on the credit card. The bank server processes the request and issues the card to the first user. Thereafter, the present disclosure suggests using, by a second user, the issued credit card for financial transactions at a merchant payment system. The merchant payment system consequently submits a request to a card authorization system to verify financial transactions via a network. Further, the present disclosure suggests sending an approval message to the merchant payment system after verification to complete the financial transaction.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
SHANGLE, PALAKH, "GENERIC TRANSACTION CARD", Technical Disclosure Commons, (May 29, 2023)
https://www.tdcommons.org/dpubs_series/5928