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:
May. 10, 2011
Filed:
May. 08, 2001
Jerry Shaw-yau Chang, Los Altos Hills, CA (US);
Matthew Chiang, Claremont, CA (US);
David Holmes-kinsella, San Francisco, CA (US);
Jerry Shaw-Yau Chang, Los Altos Hills, CA (US);
Matthew Chiang, Claremont, CA (US);
David Holmes-Kinsella, San Francisco, CA (US);
Advent IP LLC, Brooklyn, NY (US);
Abstract
A method for electronic transaction settlement includes a customer providing an account identifier and contact information to a merchant, the merchant contacting a settlement house and transmitting the account identifier and a transaction amount, the settlement house contacting the customer, preferably via a mobile communication device. The customer then chooses a payment method such as a credit card and the settlement house contacts a credit provider for authorization. If the settlement house receives an authorization, the settlement house transmits it to the client, who approves the amount. The settlement house then completes the transaction with the credit provider and the merchant's bank.