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. 12, 2025
Filed:
Aug. 09, 2023
Block, Inc., Oakland, CA (US);
Varun Kerof, Burlingame, CA (US);
Elliot Block, New York, NY (US);
Kelvin Chou, Monte Sereno, CA (US);
Theodore Kosev, Seattle, WA (US);
Block, Inc., Oakland, CA (US);
Abstract
In some examples, a service provider provides a mobile application to a device of a user. The mobile application presents a user interface with a selectable control enabling the user to obtain a loan that is useable for a specific use at a merchant that accepts payments via the service provider. The service provider receives, via the mobile application, an indication of interaction with the selectable control and, based on determining that the user has accepted the loan offer, makes the loan funds available via a payment instrument accessible via the mobile application. Based on receiving transaction data for a current transaction for which the payment instrument is presented for payment, the loan funds are applied as payment for the transaction. After the funds have been applied, at least a portion of the loan is repaid via the mobile application at a particular frequency during a subsequent period of time.