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:
Aug. 08, 2023
Filed:
Aug. 24, 2020
Block, Inc., San Francisco, CA (US);
Brian Boates, San Francisco, CA (US);
Adam Jeremy Fern, San Francisco, CA (US);
Andrew Kimball, Moraga, CA (US);
John Bryan Scott, San Francisco, CA (US);
BLOCK, INC., Oakland, CA (US);
Abstract
A payment processing system receives, from a plurality of merchant computing devices associated with respective merchants, transaction information of transactions performed between the respective merchants and customers. Further, the system may receive, from a first computing device, a request to finance a purchase to be made by a customer from a first merchant. The system may determine, based at least partially on analysis of previous transactions of the customer determined from the received transaction information, financing terms for the purchase, the financing terms including a financed amount and repayment terms for the customer for the financed amount. The system may transmit the financing terms to the first computing device, and may receive an acceptance by the customer of the financing terms. Additionally, the system may send, based on the approved financed amount, a communication indicating an amount to provide to an account associated with the first merchant.