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. 19, 2019
Filed:
Nov. 13, 2017
Paypal, Inc., San Jose, CA (US);
Luke Paul Nosek, San Francisco, CA (US);
Christopher Richman, Palo Alto, CA (US);
Roelof Frederik Botha, Mountain View, CA (US);
Maria Lee, Fremont, CA (US);
Kyle Hansen, San Francisco, CA (US);
Todd Pearson, Oakland, CA (US);
Denise Aptekar, Palo Alto, CA (US);
PayPal, Inc., San Jose, CA (US);
Abstract
A system and method for making proceeds of a transaction available to a user before the transaction is completed is provided. The system may be part of an on-line system or traditional merchant configured to facilitate payments or fund transfers from users. In example embodiments, a request from a first entity to conduct a transaction involving a first value is received. Funds of the transaction are caused to be released prior to the transaction clearing a financial institution. Based on the transaction being rejected by the financial institution, at least a portion of the first value is charged against a credit source.