Company Filing History:
Years Active: 1996-1997
Title: Paul M Pittenger: Innovator in Payment Processing Technology
Introduction
Paul M Pittenger is a notable inventor based in San Mateo, CA (US). He has made significant contributions to the field of payment processing technology, holding 2 patents that enhance the efficiency and reliability of credit card transactions.
Latest Patents
One of his latest patents is for an automated routing system for messages over a network. This system processes credit card transactions by sending transaction data from a point of sale terminal to a terminal node connected to a sophisticated communications network. The terminal node utilizes routing data within the transaction data to establish a connection to a verification service host. This connection is established while the terminal node concurrently receives and validates the transaction data, thereby reducing overall transaction processing time.
Another significant patent is for a point of sale system that bypasses the public telephone network. This system facilitates communication between a POS terminal and a destination host, which may be a credit transaction authorization entity. It includes a POS terminal, RF network port, a packet-switched network, a destination node, and a destination host. By using a radio frequency link instead of the public telephone network, the system eliminates dependence on traditional communication methods, thus enhancing transaction efficiency.
Career Highlights
Paul M Pittenger is currently employed at Compuserve Incorporated, where he continues to innovate in the field of payment processing. His work has contributed to advancements that streamline transaction processes and improve user experience.
Collaborations
Throughout his career, Paul has collaborated with notable colleagues, including Lloyd S Palmer, Jr and John Hall. These collaborations have fostered an environment of innovation and creativity, leading to the development of impactful technologies.
Conclusion
Paul M Pittenger's contributions to payment processing technology through his patents demonstrate his commitment to innovation. His work continues to influence the way transactions are processed, making them faster and more efficient.