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:
Dec. 24, 2013
Filed:
Jul. 27, 2011
Jack Dorsey, San Francisco, CA (US);
William Henderson, San Francisco, CA (US);
Brian Grassadonia, San Francisco, CA (US);
Jim Mckelvey, Miami, FL (US);
Brian Joseph Neidermeyer, Portland, OR (US);
Jack Dorsey, San Francisco, CA (US);
William Henderson, San Francisco, CA (US);
Brian Grassadonia, San Francisco, CA (US);
Jim McKelvey, Miami, FL (US);
Brian Joseph Neidermeyer, Portland, OR (US);
Square, Inc., San Francisco, CA (US);
Abstract
A method is providing of paying second parties where if f they do not have an established association with the payment service, have an established association with the payment service prior to payment. The first party has an association with the payment service. A tab is opened by the first party that can be selected by the qualified second party at any geographic location of a first party's mobile device. The qualified second party is only able to charge a first party's financial account when the first party's mobile device is within a defined geographic area. The tab is a relationship between the first party, the payment service and the qualified second party. The qualified second party can engage in a financial transaction with the first party when the first party is within the defined geographic area. In response to the second party, (i) attempting to charge the first party or (ii) charging the first party, a determination is made to see if a fraudulent attempt or fraudulent use of the first party's financial account is committed.