Michael Higgins

Title: Michael Higgins: Innovator in Payment Processing Technology

Introduction

Michael Higgins is a notable inventor based in Alameda, CA (US). He has made significant contributions to the field of payment processing technology. His innovative approach has led to the development of a unique patent that addresses transaction processing and refund predictions.

Latest Patents

Michael Higgins holds a patent titled "Interchange action delay based on refund prediction." This patent describes techniques for leveraging the likelihood that a transaction will be associated with a refund request. The invention aims to determine whether and how long to delay sending a request for processing a transaction to a payment service. The patent outlines a method where a payment processing service receives transaction data from a point of sale device operated by a merchant. It assesses the likelihood of a customer requesting a refund and decides whether to wait before processing the transaction data.

Career Highlights

Michael Higgins is currently employed at Square, Inc., a company known for its innovative payment solutions. His work at Square has allowed him to apply his inventive ideas in a practical setting, contributing to advancements in payment technology.

Collaborations

Michael collaborates with Ryder Moody, a fellow innovator in the field. Their partnership enhances the development of new technologies and solutions within the payment processing industry.

Conclusion

Michael Higgins is a prominent inventor whose work in payment processing technology has led to valuable innovations. His patent on refund prediction techniques exemplifies his commitment to improving transaction processing. His contributions continue to shape the future of payment solutions.