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.

Date of Patent:
Sep. 13, 2016

Filed:

Mar. 06, 2015
Applicant:

Square, Inc., San Francisco, CA (US);

Inventors:

James M. McKelvey, Miami, FL (US);

Xuancong Wen, San Francisco, CA (US);

Jack Dorsey, San Francisco, CA (US);

Assignee:

Square, Inc., San Francisco, CA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06K 7/08 (2006.01); G06K 7/00 (2006.01); G06Q 20/20 (2012.01); G06Q 20/32 (2012.01); G06Q 20/34 (2012.01); G06Q 30/06 (2012.01); G06Q 40/02 (2012.01); G07F 7/08 (2006.01); G06Q 20/02 (2012.01); G06Q 20/38 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/20 (2013.01); G06Q 20/02 (2013.01); G06Q 20/204 (2013.01); G06Q 20/209 (2013.01); G06Q 20/322 (2013.01); G06Q 20/34 (2013.01); G06Q 20/347 (2013.01); G06Q 20/382 (2013.01); G06Q 30/06 (2013.01); G06Q 40/02 (2013.01); G07F 7/0886 (2013.01);
Abstract

A system is provided that includes a transaction engine running on a mobile device. In response to a financial transaction between a buyer and a seller, the transaction uses the mobile device to accept information selected including but not limited to information from financial transaction or information pertaining to financial transaction card used by the buyer in the transaction. At least a portion of this information is communicated with a third party financial institution or payment network to authorize the transaction. Encrypted information is sent to the third party payment system authorizing a financial transaction.


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