Systems and methods for processing electronic transactions based on consumer characteristics

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 10963857
APP PUB NO 20140149282A1
SERIAL NO

13790752

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Methods are disclosed for processing electronic transactions between a merchant and a consumer based on physical geography. A method includes receiving payment data associated with a consumer payment card; transmitting the payment data, over a network, to a third party; receiving, over the network, information for determining whether a geofence associated with the merchant matches a geofence associated with the consumer; and processing a transaction with the consumer based on whether the consumer geofence ID matches a geofence ID associated with the merchant. Systems for processing electronic transactions between a merchant and a consumer based on physical geography are also disclosed.

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Patent Owner(s)

Patent OwnerAddress
YAHOO ASSETS LLC770 BROADWAY 9TH FLOOR NEW YORK NY 10003-9562

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Brod, Jonathan I New York, US 3 34
Dichter, Kenneth H Livingston, US 3 34
Lemmon, Timothy J New York, US 8 92
Pappas, Dean S Middletown, US 3 34
Philliou, Philip J Haworth, US 7 186

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