Company Filing History:
Years Active: 2015-2021
Title: The Innovative Contributions of Christopher Magpayo
Introduction
Christopher Magpayo is a notable inventor based in Belmont, California. He has made significant contributions to the field of payment processing through his innovative patents. With a total of 3 patents, Magpayo's work focuses on enhancing the efficiency and functionality of financial transactions.
Latest Patents
One of Magpayo's latest patents is titled "Systems and methods to facilitate the redemption of offer benefits in a form of third party statement credits." This invention provides a mechanism that allows a third party, not involved in a payment transaction between a merchant and a payment account, to offer a credit to the payment account as a benefit. The system includes a transaction handler of a payment processing network that supplies transaction information relevant to the offer to the third party. If the third party identifies a qualifying transaction, they can communicate a request via an application programming interface (API) to the transaction handler's portal for a credit to the payment account. Upon approval, the transaction handler generates a credit transaction for the payment account.
Career Highlights
Christopher Magpayo is currently employed at Visa International Service Association, where he continues to develop innovative solutions in the payment processing industry. His work has been instrumental in improving the mechanisms through which consumers can redeem offers and benefits.
Collaborations
Magpayo has collaborated with notable colleagues, including Daniel Eisen Fineman and Ann T Wang Reed, contributing to a dynamic work environment that fosters innovation.
Conclusion
Christopher Magpayo's contributions to the field of payment processing through his patents demonstrate his commitment to innovation and improvement in financial transactions. His work continues to influence the industry positively.