Company Filing History:
Years Active: 2022
Title: S Shane Caldwell, III: Innovator in Transaction Technology
Introduction
S Shane Caldwell, III is an accomplished inventor based in Coral Springs, FL. He has made significant contributions to the field of transaction technology, particularly in enhancing the purchasing experience at gas stations. With a focus on innovation, Caldwell has developed a unique method that streamlines the payment process for consumers.
Latest Patents
Caldwell holds a patent for "Systems and methods for facilitating purchases at a gas station." This invention involves a method of remotely activating a transaction device. The process begins with receiving a mobile device identifier from a mobile application executed on a mobile device. The application allows users to select a transaction device and specify a transaction amount for the purchase of a product. An authorization request is then communicated to the issuer of the payment account, and upon receiving approval, a signal is sent to activate the transaction device. The device dispenses the product and deactivates after the transaction amount is fulfilled, providing a receipt to the mobile device.
Career Highlights
Caldwell is currently employed at First Data Corporation, where he continues to innovate in the payment processing industry. His work focuses on developing systems that enhance the efficiency and security of transactions, making it easier for consumers to make purchases.
Collaborations
Caldwell has collaborated with notable colleagues, including Vijay Kumar Royyuru and Brad X Lucas. These partnerships have contributed to the advancement of technology in transaction systems.
Conclusion
S Shane Caldwell, III is a pioneering inventor whose work in transaction technology has the potential to transform the purchasing experience at gas stations. His innovative approach and dedication to improving payment systems highlight his significant contributions to the field.