Patent ID: 11893601
Assignee: WORLDPAY, INC.
Field: Digital communication (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 6:
7. A system for establishing a loyalty card payment system using distributed ledger, the system comprising:
a data storage device storing instructions using the distributed ledger; and
one or more processors configured to execute the instructions to perform a method including:
retrieving, from a presentation of a payment vehicle associated with a consumer, at a point of sale system of a merchant: (1) an identification of the consumer, (2) an identification of an issuer of the payment vehicle, and (3) transaction information for a transaction associated with the merchant;
generating, by an issuer network, an account for the consumer who signs up for a loyalty program associated with the merchant, wherein generating the account includes issuing a payment vehicle for the account, and wherein the account is compatible with a debit network;
identifying a blockchain network associated with at least one of the issuer or the consumer based on at least one of an identification of the consumer or an identification of the issuer;
adding electronic indicia to the account of the consumer by at least one of the consumer or the issuer;
generating, via a wireless or wired network, a distributed ledger entry to a distributed ledger network in which the issuer is a participant, wherein the distributed ledger entry includes the electronic indicia to be added; and
sending, by the issuer network to a shared ledger, the electronic indicia associated with the account of the consumer, wherein the shared ledger is observable to at least one of the issuer and the consumer.