Abstract
The present disclosure relates to a method and a deactivation system for deactivating payment cards. The present disclosure allows deactivating the physical payment card independently from its digital versions. In some embodiment, the deactivation system receives a request from a customer for deactivating a payment card via a communication network. Based on the received request from a customer for card deactivation, the deactivation system either blocks/deactivates a complete payment card (physical payment card and all digital versions) or may only blocks/deactivates physical payment card for point-of-sale (POS) transactions. This allows the digital version of the payment card to be used for online transactions, mobile payments, and other digital wallet functions.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
Roy, Alok, "METHOD AND SYSTEM FOR DEACTIVATING PAYMENT CARD", Technical Disclosure Commons, (October 17, 2024)
https://www.tdcommons.org/dpubs_series/7446