Systems and methods for secure transaction reversal

Patent metadata

Field	Value
Publication number	US-12136091-B2
Application number	US-202318469617-A
Country	US
Kind code	B2
Filing date	Sep 19, 2023
Priority date	Jul 1, 2020
Publication date	Nov 5, 2024
Grant date	Nov 5, 2024

Abstract

Examples describe data security for communication systems. One example includes validating a merchant system using merchant data and generating a set of merchant credentials. The set of merchant credentials is then used in authentication to facilitate a secure transaction, which involves automatically generating transaction data with a tokenized client account number associated with the secure transaction. A refund request associated with the secure transaction is received with the set of merchant credentials that are used for automatically authenticating the merchant system. The example then involves accessing a database that includes the transaction data for automatically facilitating settlement of a refund payment using the authenticated merchant system and the transaction data.

First claim

What is claimed is:

1. A computer-implemented method, comprising:
validating, by an account security system comprising a memory and one or more processors, a merchant system using merchant data to create a set of merchant credentials associated with validation for an authenticated merchant system using the merchant data;
facilitating secure transactions associated with the merchant system, wherein facilitating includes authenticating the merchant system using the set of merchant credentials for the secure transactions;
automatically generating transaction data for the secure transactions, wherein the transaction data includes tokenized client account numbers associated with the secure transactions;
processing, by the account security system, a refund request associated with the secure transactions, wherein the refund request includes the set of merchant credentials;
authorizing the refund request using the set of merchant credentials;
accessing, by a refund application programming interface (API) of the account security system, a database that includes the transaction data;
aggregating the refund request with a plurality of refund requests using a batch reversal system of the account security system;
scheduling batch processing for the plurality of refund requests for a scheduled time when spare resources of the account security system are available; and
automatically facilitating settlement of refund payments for the secure transactions using the authenticated merchant system and the transaction data.

2. The computer-implemented method of claim 1 , wherein the refund request includes two or more channel identifiers.

3. The computer-implemented method of claim 1 , further comprising:
generating a prefill communication for a refund settlement request using the transaction data in response to the plurality of refund requests; and
transmitting the prefill communication to a refund settlement system.

4. The computer-implemented method of claim 1 , wherein the merchant system is authenticated using a parent merchant identifier at a parent account layer of the account security system; and
wherein the refund payments are facilitated using a child merchant identifier associated with the parent merchant identifier.

5. The computer-implemented method of claim 1 , wherein the settlement of refund payments is performed in a repeated automatic looped process at the scheduled time selected based on resource availability for the account security system.

6. The computer-implemented method of claim 1 , wherein the plurality of refund requests comprises two or more of a child merchant number, a transaction amount, a description value, or a partner code.

7. The computer-implemented method of claim 1 , further comprising processing the plurality of refund requests using a prefill service to format a database communication for the refund request using the tokenized client account numbers.

8. A system comprising:
a memory; and
one or more processors coupled to the memory and configured to perform operations as an account security system, the operations comprising:
validating a merchant system using merchant data to create a set of merchant credentials associated with validation for an authenticated merchant system using the merchant data;
facilitating secure transactions associated with the merchant system, wherein facilitating includes authenticating the merchant system using the set of merchant credentials for the secure transactions;
automatically generating transaction data for the secure transactions, wherein the transaction data includes tokenized client account numbers associated with the secure transactions;
processing, by the account security system, a refund request associated with the secure transactions, wherein the refund request includes the set of merchant credentials;
authorizing the refund request using the set of merchant credentials;
accessing, by a refund application programming interface (API) of the account security system, a database that includes the transaction data;
aggregating the refund request with a plurality of refund requests using a batch reversal system of the account security system;
scheduling batch processing for the plurality of refund requests for a scheduled time when spare resources of the account security system are available; and
automatically facilitating settlement of refund payments for the secure transactions using the authenticated merchant system and the transaction data.

9. The system of claim 8 , wherein the refund request includes two or more channel identifiers.

10. The system of claim 8 , wherein the one or more processors are configured for operations further comprising:
generating a prefill communication for a refund settlement request using the transaction data in response to the plurality of refund requests; and
transmitting the prefill communication to a refund settlement system.

11. The system of claim 8 , wherein the merchant system is authenticated using a parent merchant identifier at a parent account layer of the account security system; and
wherein the refund payments are facilitated using a child merchant identifier associated with the parent merchant identifier.

12. The system of claim 8 , wherein the settlement of refund payments is performed in a repeated automatic looped process at the scheduled time selected based on resource availability for the account security system.

13. The system of claim 8 , wherein the plurality of refund requests comprises two or more of a child merchant number, a transaction amount, a description value, or a partner code.

14. The system of claim 8 , wherein the one or more processors are configured for operations further comprising:
comprising processing the plurality of refund requests using a prefill service to format a database communication for the refund request using the tokenized client account numbers.

15. A non-transitory computer readable storage medium comprising instructions that, when executed by one or more processors of an account security system, cause the account security system to perform operations comprising:
validating a merchant system using merchant data to create a set of merchant credentials associated with validation for an authenticated merchant system using the merchant data;
facilitating secure transactions associated with the merchant system, wherein facilitating includes authenticating the merchant system using the set of merchant credentials for the secure transactions;
automatically generating transaction data for the secure transactions, wherein the transaction data includes tokenized client account numbers associated with the secure transactions;
processing, by the account security system, a refund request associated with the secure transactions, wherein the refund request includes the set of merchant credentials;
authorizing the refund request using the set of merchant credentials;
accessing, by a refund application programming interface (API) of the account security system, a database that includes the transaction data;
aggregating the refund request with a plurality of refund requests using a batch reversal system of the account security system;
scheduling batch processing for the plurality of refund requests for a scheduled time when spare resources of the account security system are available; and
automatically facilitating settlement of refund payments for the secure transactions using the authenticated merchant system and the transaction data.

16. The non-transitory computer readable storage medium of claim 15 , wherein the refund re

Assignees

• Synchrony Bank

Inventors

• Ravi Viveka Vardhan
• Divecha Tushar
• Bernert Deborah
• Schmidt Jonathan M
• Uppalapati Ashok
• Yadav Ajay
• Urbansky Craig

Classifications

• G06Q20/206

  comprising security or operator identification provisions, e.g. password entry · CPC title

• G06Q20/38215

  Use of certificates or encrypted proofs of transaction rights · CPC title

• G06Q20/385

  using an alias or single-use codes · CPC title

• G06Q20/40975

  using encryption therefor · CPC title

• G06Q20/407

  Cancellation of a transaction · CPC title