Patent ID: 9324066
Filing Date: 2016-04-26
CPC Classification: G06Q

Claim Text:
1. A method of requesting and receiving a limited use transactional account number at a mobile device comprising: presenting a user interface at a display of a mobile device, the mobile device including a global positioning system (GPS) receiver; determining via the GPS receiver of the mobile device spatial positioning information corresponding to a location of the mobile device; receiving customized input from a user via the user interface, the customized input including at least a request for a limited use transactional account number from one or more credit card issuers within a predefined proximity of the location of the mobile device, and monetary limit for the limited use transactional account number, wherein at the time of the request it is not known to the user what maximum monetary limit for the requested limited use transactional account number is acceptable to any credit card issuer within the predefined proximity of the mobile device; determining to receive at the mobile device, in response to the request, based on the spatial positioning information, one or more virtual credit options from the one or more credit card issuers within the predefined proximity of the mobile device, wherein the one or more virtual credit options include terms, conditions, and agreements specified by the one or more credit card issuers that must be accepted before the one or more credit card issuers would be willing to extend credit to the user; determining to generate, at the user interface, a selection of a particular credit option from the one or more virtual credit options, wherein the selection includes specific acceptance of the terms, conditions, and agreements specified by the one or more credit card issuers; determining to receive at the mobile device, in response to the selection, the limited use transactional account number from the credit card issuer within the predefined proximity that corresponds to the selected particular credit option; determining to configure at the display of the mobile device, for presentation at a point of sale terminal, a point of sale interface with the limited use transactional account number; and upon condition that the limited use transactional account number of the point of sale interface configured at the mobile device has been reported to the one or more credit card issuers as lost, stolen, or otherwise compromised, determining to receive at the point of sale interface, configured at the display of the mobile device, a false or trick limited use transactional account number from the one or more credit card issuers that, when utilized in association with a subsequent point of sale transaction, is configured to alert one or more authoritative agencies that the false or trick limited use transactional account numbers is being used at the subsequent point of sale transaction.