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:
Mar. 04, 2014
Filed:
Sep. 06, 2012
Jack Dorsey, San Francisco, CA (US);
William Henderson, San Francisco, CA (US);
Brian Grassadonia, San Francisco, CA (US);
Jim Mckelvey, Miami, FL (US);
Jack Dorsey, San Francisco, CA (US);
William Henderson, San Francisco, CA (US);
Brian Grassadonia, San Francisco, CA (US);
Jim McKelvey, Miami, FL (US);
Square, Inc., San Francisco, CA (US);
Abstract
A method of paying a second party is provided. A first party accesses the names of one or more qualified second parties. The second parties (i) have an association with the payment service, and (ii) if they do not have an established association with the payment service have established one 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 second party at any geographic location of a first party's mobile device. The 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, payment service and second party. The second party can engage in a financial transaction when the first party is within the defined geographic area.