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:
Jan. 21, 2025

Filed:

Jan. 19, 2021
Applicant:

MX Technologies, Inc., Lehi, UT (US);

Inventor:

John Ryan Caldwell, Lehi, UT (US);

Assignee:

MX Technologies, Inc., Lehi, UT (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/40 (2012.01); G06Q 20/08 (2012.01); G06Q 20/32 (2012.01); G06Q 20/38 (2012.01); G06Q 20/12 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3223 (2013.01); G06Q 20/0855 (2013.01); G06Q 20/3224 (2013.01); G06Q 20/3278 (2013.01); G06Q 20/385 (2013.01); G06Q 20/403 (2013.01); G06Q 20/12 (2013.01);
Abstract

Apparatuses, methods, computer program products, and systems are disclosed for payment processing. An apparatus includes one or more processors and one or more memories that store code executable by the one or more processors to exchange payment information for a transaction wirelessly between a mobile hardware computing device of a user and a hardware payment terminal for a merchant, to validate an availability of funds for the transaction using an electronic interface for an account for the user at a third-party institution, and to electronically transfer the funds directly from the account for the user to an account for the merchant to complete the transaction.


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