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:
Dec. 03, 2019
Filed:
Mar. 12, 2013
Square, Inc., San Francisco, CA (US);
Edward Ruder, San Jose, CA (US);
James Puls, San Francisco, CA (US);
Mehdi Mulani, San Francisco, CA (US);
Shawn Morel, San Francisco, CA (US);
Grace Chen, San Francisco, CA (US);
Christopher R. Clark, San Francisco, CA (US);
J. Bryan Scott, San Francisco, CA (US);
Eric Monti, San Francisco, CA (US);
Square, Inc., San Francisco, CA (US);
Abstract
Method, systems, and apparatus for a method of processing a payment transaction using a mobile device of a merchant. In one aspect, determining the mobile device does not have a connection to an external network; receiving data indicating a payment transaction between a customer and the merchant; determining whether the payment transaction should be stored, where the determining is based on a risk heuristic model that considers one or more of the following: a number of already stored transactions, a value of the payment transaction, a total value, where the total value is a sum of the value of the payment transaction and values of one or more already stored transactions, and risk factors associated with the customer; and based at least on the determination, storing the payment transaction on the mobile device for future processing.