Card to bank payments solution

A system for automating payment processing, comprising:

• a memory configured to store operations;
• and
• one or more processors configured to perform the operations, the operations comprising:
• receiving, from a purchaser device, a transaction request to transfer a payment amount from a purchaser account to a supplier account, wherein the purchaser account is linked to at least a transaction account number;
• generating a virtual supplier account number associated with the supplier account, wherein the virtual supplier account number is generated randomly, and wherein virtual supplier account number does not contain sensitive information associated with the supplier account;
• encrypting the virtual supplier account number associated with the supplier account based on the payment amount being over a threshold amount;
• transmitting, to a supplier device, the encrypted virtual supplier account number associated with the supplier account to trigger the supplier device to enter the encrypted virtual supplier account number at a point-of-sale device associated with the supplier device;
• decrypting the encrypted virtual supplier account number associated with the supplier account;
• and
• in response to decrypting the encrypted virtual supplier account number transmitted by the point-of-sale device associated with the supplier device, pushing the payment amount debited from the purchaser account to the supplier account without transmission of the sensitive information associated with either the purchaser device or the supplier device, wherein the pushing occurs simultaneously with receiving the transaction request from the purchaser device.

A non-transitory computer-readable storage device having instructions stored thereon, execution of which, by one or more processing devices, causes one or more processors to perform operations comprising:

• receiving, from a purchaser device, a transaction request to transfer a payment amount from a purchaser account to a supplier account, wherein the purchaser account is linked to at least a transaction account number;
• generating a virtual supplier account number associated with the supplier account, wherein the virtual supplier account number is generated randomly, and wherein virtual supplier account number does not contain sensitive information associated with the supplier account;
• encrypting the virtual supplier account number associated with the supplier account based on the payment amount being over a threshold amount;
• transmitting, to a supplier device, the encrypted virtual supplier account number associated with the supplier account to trigger the supplier device to enter the encrypted virtual supplier account number at a point-of-sale device associated with the supplier device;
• decrypting the encrypted virtual supplier account number associated with the supplier account;
• and
• in response to decrypting the encrypted virtual supplier account number transmitted by the point-of-sale device associated with the supplier device, pushing the payment amount debited from the purchaser account to the supplier account without transmission of the sensitive information associated with either the purchaser device or the supplier device, wherein the pushing occurs simultaneously with receiving the transaction request from the purchaser device.