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US Patent 11354651 System and method for location-based token transaction processing

Patent 11354651 was granted and assigned to Royal Bank of Canada on June, 2022 by the United States Patent and Trademark Office.

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Patent
Patent
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Patent attributes

Current Assignee
Royal Bank of Canada
Royal Bank of Canada
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
113546510
Patent Inventor Names
Ambica Pawan Khandavilli0
Arnold Badal-Badalian0
Edison U. Ortiz0
Iustina-Miruna Vintila0
Nikhil Singh Shekhawat0
Rasha Khayat0
Date of Patent
June 7, 2022
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Patent Application Number
160079550
Date Filed
June 13, 2018
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Patent Citations
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US Patent 10055740 Payment selection and authorization
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US Patent 10521780 Blockchain based transaction management
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Patent Citations Received
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US Patent 11475459 System and method for classification of customer query
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US Patent 11842330 Method and system for routing payment transactions of a payment account
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US Patent 11842345 Rewards for a virtual cash card
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US Patent 11941387 System for providing a mobile device with remote or proxy access to merchant apps and/or automatic registration on merchant apps based on location parameters
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Patent Primary Examiner
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Gregory S Cunningham, II
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Systems, methods, and machine-executable data structures for the processing of data for the secure creation, administration, manipulation, processing, and storage of electronic data useful in the processing of electronic payment transactions. Aspects of such methods, systems, and data structures include providing at an electronic device, an output indicating that a dynamically-configured electronic token is in a transaction-ready state, where the dynamically-configured electronic token is associated with a plurality of loyalty accounts; in response to one or more signals providing information regarding a location of the electronic device, obtaining token data associated with a loyalty account of the plurality of loyalty accounts corresponding to the location of the electronic device; and via a data communication interface, route a token, generated from the token data, for processing at a transaction processing system.

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