Company Filing History:
Years Active: 2016-2019
Title: Paul Abraham Botros: Innovator in Payment Processing Technology
Introduction
Paul Abraham Botros is a notable inventor based in San Francisco, CA, with a focus on advancements in payment processing technology. He holds a total of six patents that showcase his innovative contributions to the field. His work primarily revolves around enhancing transaction security and efficiency in payment systems.
Latest Patents
One of Botros's latest patents is titled "Transaction payment processing by multiple data centers." This invention involves a payment service designed to support purchase transactions generated by merchant point-of-sale (POS) devices. Each purchase transaction can consist of multiple transaction requests, such as authorization and capture requests, which may be sent to different data centers. The system allows for the designation of a primary data center upon receiving an acknowledgment for a transaction request, ensuring that all subsequent requests are directed to this primary center. This innovation helps in detecting duplicate authorizations and preventing duplicate captures.
Another significant patent by Botros is "Processing transactions in offline mode." This method enables the processing of payment transactions between a merchant and a buyer by utilizing the buyer's communication device to approve or reject transactions even when offline. The system establishes a communication channel between the POS terminal and an RF communication device, generating a digital fingerprint based on device characteristics. If the digital fingerprint matches an existing one in the database, the payment transaction can be rejected, enhancing security.
Career Highlights
Paul Abraham Botros is currently employed at Square, Inc., a company known for its innovative payment solutions. His work at Square has allowed him to contribute significantly to the development of secure and efficient payment processing technologies.
Collaborations
Botros has collaborated with notable colleagues, including Michael Wells White and Jonathan Andrew Wolter. Their combined expertise has likely contributed to the successful development of various payment processing innovations.
Conclusion
Paul Abraham Botros is a distinguished inventor whose work in payment processing technology has made a significant impact on the industry. His patents reflect a commitment to enhancing transaction security and efficiency, positioning him as a key figure in the field of payment innovations.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.