Company Filing History:
Years Active: 2013-2017
Title: Innovations by Michael Tolle in Payment Processing
Introduction
Michael Tolle is an accomplished inventor based in Larchmont, NY (US). He has made significant contributions to the field of payment processing, holding two patents that enhance the efficiency and user experience of bill presentment and payment systems. His work is particularly relevant in today's digital economy, where seamless transactions are essential.
Latest Patents
Michael Tolle's latest patents focus on innovative methods for bill presentment and payment. The first patent describes an apparatus and method for bill presentment, where bills from various billing entities are made accessible to multiple consuming entities. This system allows consumers to pay their bills using a single command, based on their stored payment preferences. The second patent further develops this concept by enabling consumers to switch between service providers without losing access to their bill presentment services. This flexibility is crucial for users who may change their service providers while maintaining their payment preferences.
Career Highlights
Michael Tolle is currently employed at Mastercard International Incorporated, a leading company in the payment processing industry. His role involves developing innovative solutions that streamline payment processes and enhance user satisfaction. His patents reflect his commitment to improving financial transactions for consumers and businesses alike.
Collaborations
Michael has collaborated with notable colleagues, including Mary L Kelly and Susan E Riskovsky. Their combined expertise contributes to the advancement of payment technologies and the development of user-friendly systems.
Conclusion
Michael Tolle's contributions to payment processing through his patents demonstrate his innovative spirit and dedication to improving financial transactions. His work at Mastercard International Incorporated continues to influence the way consumers interact with billing systems, making payments more efficient and accessible.