Company Filing History:
Years Active: 2025
Title: Michael Shafrir: Innovator in Payment Technology
Introduction
Michael Shafrir is an accomplished inventor based in Kensington, MD (US). He has made significant contributions to the field of payment technology, holding 2 patents that enhance the security and efficiency of transaction processes.
Latest Patents
One of his latest patents is titled "Secure signing of applications for a payment terminal." This innovation focuses on the secure deployment of applications to devices. The process involves uploading a mobile application designed for handling transactions, automatically scanning it for security and compliance, and cryptographically signing it to ensure its integrity before deployment. Another notable patent is "Handoff between applications on a payment terminal." This patent addresses the communication and handoff between applications during transactions, allowing for a seamless transition of control between applications on a mobile device.
Career Highlights
Michael Shafrir is currently employed at Stripe, Inc., a leading company in the payment processing industry. His work at Stripe has allowed him to develop and implement innovative solutions that improve transaction security and user experience.
Collaborations
Throughout his career, Michael has collaborated with talented professionals, including Jack DeLoach and Mark Fielbig. These collaborations have contributed to the advancement of payment technologies and the successful implementation of his patented innovations.
Conclusion
Michael Shafrir is a notable inventor whose work in payment technology continues to influence the industry. His patents reflect a commitment to enhancing transaction security and efficiency, making a lasting impact on how payments are processed.