Square, Inc.

Jochen Bekmann

Brian Grassadonia

Robert Loring Andersen

Daniele Perito

Peter Westen

Alan Paulin

Described is a technology for seamless initiation of a transfer of payment from a sender to a recipient by sending email, without requiring any account creation and/or login procedure. The technology can involve sending payment from one mobile device to another. In one aspect, the technology includes receiving a payment amount from a sender via the sender's mobile device, causing an email with pre-populated information to be generated using a native email application on the mobile device, and initiating the process to transfer the payment amount upon sending of the email. The technology enables a simplified payment transaction system for ordinary consumers without the hassle of having to sign up, to remember a user account and a password, and to login for sending or receiving every payment transaction, while not sacrificing the essential security feature of authenticating the user for every payment transaction.

Payment transfer by sending E-mail

Disclosed is a technology for seamless initiation of a financial service, such as a payment transaction, by sending a communication message. The disclosed technology can be used, for example, to send payment from a person (e.g., a consumer) to another over e-mail without requiring any sign-up or login procedure. In at least one embodiment, the technology includes receiving a service request email generated by a native email application on a consumer's device, verifying the email using information included in the email, and initiating the service as requested based on the information. Various embodiments of the disclosed technology enable a simplified payment transaction system for ordinary consumers without the hassle of having to sign up, to remember a user account and a password, and to login for sending or receiving every payment transaction, while not sacrificing the essential security feature of authenticating the user for every payment transaction.

Growing community of inventors

San Francisco, CA, United States of America

Jochen Bekmann