Company Filing History:
Years Active: 2020-2025
Title: Innovations by Ryan Clapp: Pioneering Electronic Transaction Solutions
Introduction
Ryan Clapp, an accomplished inventor based in Loveland, Ohio, has made significant contributions to the world of electronic transactions with a total of seven patents to his name. His inventive work focuses on improving the efficiency and cost-effectiveness of electronic payment systems, particularly through innovative routing methods.
Latest Patents
Among his latest patents is a groundbreaking system titled "Systems and methods for routing electronic transactions using predicted authorization approval." This invention outlines a comprehensive method for routing electronic payment transactions by receiving transaction-related information from merchants. Clapp's method effectively extracts routing criteria, dynamically identifies eligible payment networks, and predicts the likelihood of authorization acceptance for each network, ensuring that transactions are processed in the most efficient manner. This approach also includes identifying breakeven transaction amounts for each payment network, enabling merchants to select the least cost PIN-less debit network based on specific criteria.
Career Highlights
Clapp is currently affiliated with Worldpay Limited, where he leverages his expertise in electronic transactions to enhance the company's payment solutions. His innovative approach has positioned him as a key figure in the financial technology sector, contributing to the evolution of payment processing.
Collaborations
Throughout his career, Ryan Clapp has collaborated with several industry professionals, including Dennis A. Kettler, which has allowed for a dynamic exchange of ideas and fostered further advancements in payment technology. These collaborations have resulted in groundbreaking innovations that advance the functionality and accessibility of electronic transactions.
Conclusion
Ryan Clapp's contributions to the field of electronic transactions highlight his dedication to innovation and excellence. With his impressive portfolio of patents and collaborative spirit, Clapp continues to shape the future of payment solutions, making significant impacts on how electronic transactions are conducted in today's digital economy.
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.