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.

Date of Patent:
Aug. 15, 2023

Filed:

May. 06, 2021
Applicant:

Paypal, Inc., San Jose, CA (US);

Inventors:

Nitin Prabhu, San Jose, CA (US);

Meghna Singh, Santa Clara, CA (US);

John Michael Box, Harpenden, GB;

Avik Chatterjee, Phoenix, AZ (US);

Assignee:

PayPal, Inc., San Jose, CA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/36 (2012.01); G06Q 20/06 (2012.01); G06Q 20/10 (2012.01); G06Q 20/40 (2012.01); G06Q 30/0207 (2023.01);
U.S. Cl.
CPC ...
G06Q 20/3678 (2013.01); G06Q 20/0658 (2013.01); G06Q 20/102 (2013.01); G06Q 20/3676 (2013.01); G06Q 20/405 (2013.01); G06Q 30/0215 (2013.01);
Abstract

Methods and systems are presented for providing comprehensive payment transaction services through a digital wallet. The digital wallet enables a user to conduct an electronic transaction with a merchant or another user. In one aspect, the digital wallet may modify a payment arrangement of the electronic transaction. For example, the digital wallet may determine a first payment arrangement that specifies one or more financial instruments and a payment deferral time period for the electronic transaction. Subsequent to processing the electronic transaction, the digital wallet may determine a different, second payment arrangement for the electronic transaction. The digital wallet may modify the electronic transaction based on the second payment arrangement without canceling the electronic transaction. In another aspect, the digital wallet may manage rewards by dynamically withholding rewards, releasing the rewards, and/or distributing at least portions of the rewards to different users.


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