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:
Oct. 12, 2021
Filed:
Jun. 29, 2018
Square, Inc., San Francisco, CA (US);
Juan Ignacio Santa Cruz Masoni, San Francisco, CA (US);
Philip Spanoudes, San Francisco, CA (US);
Melissa Doerken, San Francisco, CA (US);
Jerome Weiss, San Francisco, CA (US);
SQUARE, INC., San Francisco, CA (US);
Abstract
In one embodiment, a method includes calculating, using a risk model for a merchant having an account with a payment service, a financing factor based on first data representing multiple transactions associated with the merchant and sending, to a computing device associated with the merchant, information associated with an offer of credit based on the financing factor for the merchant. The method also includes accessing second data stored by the payment service and containing information associated with the merchant that is not related to the transactions, where the second data provides an indication of additional future revenue for the merchant, and updating the offer of credit sent to the merchant based on the second data.