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. 31, 2020
Filed:
Aug. 07, 2017
Square, Inc., San Francisco, CA (US);
Ariana Poursartip, San Francisco, CA (US);
John Bryan Scott, San Francisco, CA (US);
Kevin Teh, San Francisco, CA (US);
SQUARE, INC., San Francisco, CA (US);
Abstract
A payment and financing system can determine whether a merchant is eligible for financing for a particular amount. The particular amount can be determined by evaluating previous financial transactions that were conducted by the merchant and other merchants through the payment and financing system. Once a determination is made that the merchant is eligible for the cash advance, the payment system can send a customized offer for financing in the particular amount to the merchant via a merchant computing device. The merchant can accept the offer for the cash advance by sending an acceptance to the payment and financing system, for example, through a financing interface on the merchant computing device. Upon accepting the offer, the merchant is provided the financed amount, for example, in the form of an electronic deposit in a financial account of the merchant.