Company Filing History:
Years Active: 2023-2024
Title: Innovations by Marcus Osacky
Introduction
Marcus Osacky is an accomplished inventor based in Glenview, IL (US). He has made significant contributions to the field of electronic payment systems, holding 2 patents that enhance the efficiency and security of transactions at retail points of sale.
Latest Patents
One of his latest patents focuses on contactless user identification by digital wallet to retailer point of sale. This innovation includes methods and apparatus for combining electronic payment and rewards redemption at retail points of sale. The point of sale (POS) system is designed to facilitate contactless payments while ensuring the security of customer payment data. When a customer with a payment application on a mobile device initiates a transaction, the application retrieves reference data associated with the customer account from the account services server of the POS. This reference data is then transmitted from the mobile device's application to the POS terminal, typically using near field communication. Upon receiving the token, the POS terminal accesses customer payment data from the account services server and retrieves rewards program data for the customer from a rewards program server. Available rewards can be automatically applied before processing the payment, completing the contactless payment transaction seamlessly.
Career Highlights
Marcus Osacky is currently employed at Walgreen Company, where he continues to innovate in the realm of electronic payments. His work has significantly impacted the way consumers interact with retail environments, making transactions more efficient and user-friendly.
Collaborations
He has collaborated with notable coworkers, including Christopher John Swiderski and Sergio Garcia, contributing to the development of advanced payment solutions.
Conclusion
Marcus Osacky is a forward-thinking inventor whose work in electronic payment systems is paving the way for more secure and efficient retail transactions. His contributions are shaping the future of how consumers engage with payment technologies.