Company Filing History:
Years Active: 2001-2011
Title: David Resnick: Innovator in Electronic Payment Systems
Introduction
David Resnick is an accomplished inventor based in Portland, OR (US). He has made significant contributions to the field of electronic payment systems, holding 2 patents that showcase his innovative approach to facilitating cash transactions.
Latest Patents
One of Resnick's latest patents is an electronic payment system utilizing an intermediary account. This system allows payments in cash to be submitted to a merchant at a point of sale. The payment transaction is processed electronically to credit the end user's intermediary account. Subsequent electronic communications between the intermediary account and a vendor site effect payment to the vendor for goods or services on behalf of the end user. This innovative system leverages the existing credit card payment system in reverse, providing the convenience of submitting cash payments at a multitude of merchant locations.
Career Highlights
Throughout his career, David Resnick has worked with notable companies such as Prenet Corporation and Precash, Inc. His experience in these organizations has contributed to his expertise in developing advanced payment solutions.
Collaborations
Resnick has collaborated with various professionals in the industry, including his coworker Matt J Callanan. Their combined efforts have furthered the development of innovative payment technologies.
Conclusion
David Resnick's work in electronic payment systems exemplifies his commitment to innovation and improving the way cash transactions are processed. His patents reflect a forward-thinking approach that enhances convenience for users in the marketplace.