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. 30, 2021
Filed:
Sep. 09, 2014
Square, Inc., San Francisco, CA (US);
Nathan P. McCauley, San Francisco, CA (US);
Yun Chi, Monte Sereno, CA (US);
Rong Yan, Palo Alto, CA (US);
Square, Inc., San Francisco, CA (US);
Abstract
Technology is disclosed for transferring money anonymously between a sender and a recipient by use of a token. In some embodiments, the disclosed technology involves communication between a mobile payment application ('App') and a payment service system (PSS). Upon the recipient's request, the App, installed on the recipient's device, generates the token, and provides the token to both the recipient and the PSS. The PSS receives both the token and the recipient's identification information from the App, associates the token with the identification information, and stores such association. The recipient, on the other hand, transfers the token to the sender, who forwards it to the PSS to request a money transfer. The PSS receives the token and identifies the recipient's identification information based on the previously stored association with the token. With the identification information, the PSS determines the recipient's financial account to execute the money transfer.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile