Method and system for effecting a payment transaction

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 11010735
APP PUB NO 20170147997A1
SERIAL NO

15346070

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Provided are a method and system for effecting a payment transaction. The method capturing a digital image of a price identifier and a merchant identifier at a client device. Generating payment request data by a payer application at the client device comprising data corresponding to the price and merchant identifiers contained in the digital image. Forwarding the payment request data from the payer application to a payment server. Initiating by the payment server a payment transaction from a payer account to a recipient account in response to receipt of the payment request data. Forwarding notification data to the payer application indicating the status of the payment transaction from the payment server.

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Patent Owner(s)

  • MASTERCARD INTERNATIONAL INCORPORATED

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Staveley, Alex Dublin, IE 4 5

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
3.5 Year Payment $1600.00 $800.00 $400.00 Nov 18, 2024
7.5 Year Payment $3600.00 $1800.00 $900.00 Nov 18, 2028
11.5 Year Payment $7400.00 $3700.00 $1850.00 Nov 18, 2032
Fee Large entity fee small entity fee micro entity fee
Surcharge - 3.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 7.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00