Meeri Siljamaki

Title: Meeri Siljamaki: Innovator in Payment Processing

Introduction

Meeri Siljamaki is a prominent inventor based in Chicago, IL (US). She has made significant contributions to the field of payment processing, particularly in the realm of non-traditional transactions. Her innovative approach has paved the way for advancements in how alternative payment products are integrated into traditional payment networks.

Latest Patents

Meeri holds 1 patent for her invention titled "Processing non-traditional transactions on a traditional payment network." This patent discloses a system and methods for processing non-traditional payment transactions on a traditional payment network. The payments system she developed includes one or more payment program managers (PPMs) and payment program processors (PPPs) that work together on a payment network. The system utilizes traditional bank identification numbers (BINS) to process non-traditional transactions, issuing surrogate numbers on BIN ranges to facilitate this process. Additionally, the system incorporates pricing structures associated with alternative payment products, which are processed alongside traditional payment product pricing structures.

Career Highlights

Meeri Siljamaki is currently employed at Dfs Services LLC, where she continues to innovate in the payment processing sector. Her work focuses on enhancing the efficiency and effectiveness of payment systems, making them more accessible for various types of transactions.

Collaborations

Meeri collaborates with her coworker, Farhan Ahmad, to further develop and refine payment processing solutions. Their combined expertise contributes to the advancement of the company's offerings in the financial technology space.

Conclusion

Meeri Siljamaki's contributions to payment processing demonstrate her commitment to innovation and improvement in financial transactions. Her work not only enhances traditional payment networks but also opens new avenues for alternative payment solutions.