The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 05, 2019
Filed:
Apr. 21, 2014
Applicant:
Paypal, Inc., San Jose, CA (US);
Inventors:
Kevin John Yu, Cerritos, CA (US);
Joseph Chong, San Francisco, CA (US);
Alan Tien, Sunnyvale, CA (US);
Assignee:
PAYPAL, INC., San Jose, CA (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01); G06Q 20/10 (2012.01); G06Q 30/06 (2012.01); G06Q 40/02 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/102 (2013.01); G06Q 20/10 (2013.01); G06Q 30/0609 (2013.01); G06Q 40/02 (2013.01);
Abstract
A method and system to transfer payment to a seller of a network-based commerce transaction are described herein. The method includes performing a risk evaluation based on retrieved seller-specific data, and releasing funds from a holding account to the seller based on the risk evaluation.