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. 23, 2021
Filed:
Dec. 21, 2017
Peter Ouyang, San Diego, CA (US);
Ken Yocum, Encinitas, CA (US);
Leah Zhao, San Diego, CA (US);
YE Ji Kim, San Diego, CA (US);
Crystal Chung, San Diego, CA (US);
Andre Luis, San Diego, CA (US);
Carol Ann Howe, San Diego, CA (US);
Mohammad Daraghmeh, Redmond, WA (US);
Peter Ouyang, San Diego, CA (US);
Ken Yocum, Encinitas, CA (US);
Leah Zhao, San Diego, CA (US);
Ye Ji Kim, San Diego, CA (US);
Crystal Chung, San Diego, CA (US);
Andre Luis, San Diego, CA (US);
Carol Ann Howe, San Diego, CA (US);
Mohammad Daraghmeh, Redmond, WA (US);
Intuit Inc., Mountain View, CA (US);
Abstract
A method for performing transactions using an aggregate payment medium involves obtaining payee data associated with a payee, obtaining transaction data associated with a transaction to be performed between a payer and the payee, and determining, for each payment medium, a benefit and a cost associated with using the payment medium for the transaction. The method further includes obtaining, for each of the payment media, a return from using the payment medium for the transaction, based on the benefit and the cost, selecting, from the payment media, a payment medium with a highest return, and providing, by the aggregate payment medium, payment medium data associated with the selected payment medium to the payee to enable execution of the transaction.