Invention Grant
- Patent Title: Instant bank account verification through debit card network
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Application No.: US17101598Application Date: 2020-11-23
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Publication No.: US11455682B2Publication Date: 2022-09-27
- Inventor: Qilin Hu
- Applicant: PAYPAL, INC.
- Applicant Address: US CA San Jose
- Assignee: PAYPAL, INC.
- Current Assignee: PAYPAL, INC.
- Current Assignee Address: US CA San Jose
- Agency: Haynes and Boone, LLP
- Main IPC: G06Q40/02
- IPC: G06Q40/02 ; G06Q20/10

Abstract:
A bank account can be authenticated or confirmed by a user providing an account number and a debit card number. The payment provider then obtains user account information from the bank through a debit card network. The payment provider authenticates the account if the account numbers match. In another embodiment, authentication further requires a portion of a current bank balance in the account provided by the user to match the current balance received from the bank.
Public/Granted literature
- US20210182957A1 INSTANT BANK ACCOUNT VERIFICATION THROUGH DEBIT CARD NETWORK Public/Granted day:2021-06-17
Information query