Kurt W Johnson

Title: Kurt W Johnson: Innovator in Targeted Payment Systems

Introduction

Kurt W Johnson is a notable inventor based in Tempe, AZ (US). He has made significant contributions to the field of payment systems through his innovative ideas and patents. His work focuses on enhancing consumer experiences in financial transactions.

Latest Patents

Kurt W Johnson holds a patent for a "System and method for a targeted payment system discount program." This invention outlines a computer-based system that utilizes consumer information from payment system institutions to match qualified consumers with targeted merchant discount offers. The system prioritizes offers based on their expected value to consumers, ensuring that they receive the highest priority offers for which they qualify. Notably, discounts are automatically applied during the purchase process, eliminating the need for coupons or additional actions from either the merchant or the consumer.

Career Highlights

Kurt W Johnson is currently employed at First Data Corporation, where he continues to develop innovative solutions in the payment processing industry. His work has been instrumental in advancing the capabilities of targeted discount programs, making transactions more efficient and user-friendly.

Collaborations

Throughout his career, Kurt has collaborated with several professionals, including Bruce C Rhoads and John Duncan. These partnerships have contributed to the development and refinement of his innovative ideas.

Conclusion

Kurt W Johnson's contributions to the field of targeted payment systems demonstrate his commitment to innovation and consumer satisfaction. His patent reflects a significant advancement in how discounts are applied in financial transactions, showcasing his role as a forward-thinking inventor.