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. 29, 2018
Filed:
Jun. 24, 2011
Rohit Jain, Woodinville, WA (US);
Mary Katherine Bowman, Seattle, WA (US);
Richard D. Hunt, Seattle, WA (US);
Kurt Harold Zumwalt, Seattle, WA (US);
Rohit Jain, Woodinville, WA (US);
Mary Katherine Bowman, Seattle, WA (US);
Richard D. Hunt, Seattle, WA (US);
Kurt Harold Zumwalt, Seattle, WA (US);
Amazon Technologies, Inc., Reno, NV (US);
Abstract
Payment of non-settlement currencies includes developing a non-settlement currency exchange separate from a financial institution unwilling to assume risks in converting non-settlement currencies. The non-settlement currency exchange includes a predictive model to provide an estimated currency exchange rate. Schemes are provided where a merchant may share currency exchange profit and/or currency exchange losses with a financial institution. The exchange rate may be persisted in subsequent related financial transactions such as a refund, a chargeback, and/or a representment.