Peter Allen Donat

Title: The Innovative Contributions of Peter Allen Donat

Introduction

Peter Allen Donat, based in Palo Alto, California, is a notable inventor with three patents to his name. His work primarily revolves around enhancing payment transaction systems, reflecting a commitment to improving the efficiency and security of financial exchanges.

Latest Patents

Donat's recent patents include groundbreaking technologies aimed at revolutionizing payment processing. One of his latest inventions is titled "Systems and Methods for Processing Payment Transactions." This patent discusses systems and methods for communicating transaction-related data to recipient devices, ensuring seamless transactions. By employing a computer-implemented method, this invention allows for the storage of essential payment data and value-added services, enabling recipient devices to utilize this information during card emulation communications to facilitate transactions.

Another significant patent is "Systems and Methods for Facilitating Point of Sale Transactions." In this invention, Donat describes a computer-implemented method incorporating a mobile device at a merchant point of sale to collect contextual information. The device identifies stored payment information and provides both the contextual and payment information to merchant devices, streamlining the point of sale transaction process.

Career Highlights

Peter Donat is affiliated with First Data Corporation, a firm recognized for its advancements in payment technologies. His role within the company underscores his influence in the financial technology sector. His contributions through various patents have further established him as an innovator in payment solutions.

Collaborations

Throughout his career, Donat has collaborated with talented individuals such as Vijay Kumar Royyuru and Jean M Sindaco. Together, they have contributed to significant advancements in payment technologies and have fostered a collaborative environment that encourages innovation in the industry.

Conclusion

Peter Allen Donat's inventive work at First Data Corporation not only showcases his dedication to improving payment systems but also highlights the importance of innovation in technology. With three patents, his contributions are set to influence the future of financial transactions, making them more efficient and user-friendly.