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:
Jun. 01, 2021
Filed:
Jun. 09, 2015
Applicant:
Vantiv, Llc, Cincinnati, OH (US);
Inventors:
Fengzhong Wang, Boston, MA (US);
Stefan Kostadinov Karaivanov, Boston, MA (US);
Snehal Desai, Westford, MA (US);
Assignee:
Worldpay, LLC, Symmes Township, OH (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/40 (2012.01); G06Q 20/22 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/40 (2013.01); G06Q 20/22 (2013.01);
Abstract
Systems and methods disclosed herein for managing recurring payment transactions. The recurring payment transaction can be based on account information stored by the merchant. When an initial payment transaction is not successful, a resubmission schedule is determined. The resubmission schedule identifies particular time slots within which subsequent payment transactions are to be submitted. The time slots are selected to increase the likelihood of a successful payment transaction.