Company Filing History:
Years Active: 1999-2017
Title: Inventor Cary M. Sagady: Pioneering Wireless Payment Solutions
Introduction
Cary M. Sagady is an innovative inventor based in Chester Springs, PA, renowned for his contributions to the field of wireless payment technologies. With a portfolio of nine patents, Sagady has been instrumental in developing advanced systems and methods that enhance the security and efficiency of mobile payment transactions.
Latest Patents
Among his latest inventions are groundbreaking patents aimed at revolutionizing the payment landscape. One notable patent is focused on "Systems and methods for wireless authorization of transactions with mobile payment devices." This invention describes methods for authorizing wireless payment transactions through an innovative encryption process. It involves encrypting a payment account token and a session key within the mobile payment device, subsequently transmitting this encrypted data to a vending machine. The vending machine further encrypts the data before sending it to a central server for decryption and authorization determination.
Another significant patent, "Unattended retail systems, methods and devices for linking payments, loyalty, and rewards," outlines methods for generating consumer profiles. This includes receiving purchase authorization requests and utilizing key modules to create hashed values and card identifiers linked to consumer profiles stored in a server database.
Career Highlights
Cary M. Sagady has worked with prominent companies such as USA Technologies, Inc. and Mars, Incorporated. His experience at these organizations has undoubtedly contributed to his expertise in developing cutting-edge technology solutions in the retail and payment sectors.
Collaborations
Throughout his career, Sagady has collaborated with notable professionals, including Joseph A. Simpkins and Robert C. Lamb, Jr. These partnerships have fostered innovative approaches to problem-solving in the payment technology domain, further establishing Sagady as a leading inventor in the industry.
Conclusion
Cary M. Sagady's dedication to innovation and his impressive portfolio of patents highlight his significant contributions to enhancing mobile payment technologies. His work not only simplifies transaction processes but also ensures greater security for users, signifying a vital step forward in the evolution of payment solutions. As technology continues to advance, Sagady's inventions are poised to play a crucial role in shaping the future of wireless transactions.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.