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. 26, 2025
Filed:
Sep. 01, 2023
Bank of America Corporation, Charlotte, NC (US);
Sandeep Verma, Gurugram, IN;
Bank of America Corporation, Charlotte, NC (US);
Abstract
Provided herein is a method for processing a split transaction, including generating or accessing an MPQR code, enumerating the transactors, assigning a split payment amount to each transactor, displaying the MPQR code in a scannable location, scanning the MPQR code by a mobile computing device of each transactor, generating a personalized visual representation of the MPQR code for each transactor and displaying it on their mobile devices with a hyperlink to that transactor's payment processing site, debiting the split payment from each transactor, holding in escrow the split payments until the transactors collectively remit the total transaction amount, and, after the transactors have collectively remitted the total transaction amount, transferring the split payments to the merchant.