Company Filing History:
Years Active: 2017-2024
Title: Patrick Collison: Innovator in Payment Processing Technology
Introduction
Patrick Collison is a prominent inventor based in San Francisco, CA (US). He is known for his contributions to payment processing technology, particularly through his work at Stripe, Inc. With a total of 4 patents, Collison has made significant strides in enhancing the security and efficiency of online transactions.
Latest Patents
One of Collison's latest patents is titled "Method and apparatus for performing transactions over a network using cross-origin communication." This innovative method allows transactions to be conducted between a merchant site and a customer's electronic device using a payment processor. The process involves a client-side application that executes on the customer's device, which electronically sends payment information to the payment processor without exposing this information to the server-side application. The payment processor creates a token that acts as a proxy for the payment information, ensuring that sensitive data remains secure during the transaction process.
Career Highlights
Collison has played a pivotal role in the development of Stripe, Inc., a company that has revolutionized online payment processing. His work has not only advanced the technology behind transactions but has also contributed to the growth of e-commerce by making it easier and safer for businesses and consumers to engage in online transactions.
Collaborations
Some of Collison's notable coworkers include John Brochan Collison and Greg D Brockman. Their collaborative efforts have further propelled Stripe's mission to simplify payment processing for businesses around the world.
Conclusion
Patrick Collison's innovative work in payment processing technology has made a lasting impact on the industry. His patents and contributions continue to shape the future of online transactions, ensuring security and efficiency for users globally.