Consolidated payment account system and method

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8504474
APP PUB NO 20110004551A1
SERIAL NO

12845412

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Abstract

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The present invention provides a system and method for providing and/or facilitating complete on-line payment services while protecting the privacy of the transaction participants. The comprehensive payment service is based upon a consolidated account used to store value acquired through on-line transactions. The invention provides private payment numbers for protecting the identities of the participants and includes processes for authenticating participants, authorizing transactions, and settling payments. Thus, the present invention enables merchants to effectively accept non-standard forms of payment without changing their current payment infrastructures and enables the provision of value for purchases at any network merchant using any source of value.

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Patent Owner(s)

Patent OwnerAddress
AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY INC200 VESEY STREET NEW YORK NY 10285-4900

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Armes, David Phoenix, US 37 4961
Bishop, Fred A Glendale, US 27 3349
Breck, Lydia C New York, US 2 203
Fehlhaber, Jeff Glendale, US 5 500
Fitzgerald, Gabriella P New York, US 5 219
Glazer, Elliott Chesterfield, US 22 1603
Hussain, Sohail Scottsdale, US 2 203
Mitchell, Margaret C Phoenix, US 5 455
Neeman, Trey Glendale, US 2 53
Sweet, Leah M Goodyear, US 2 203
White, Dirk Temecula, US 4 309
Zoob, Jessica New York, US 7 1459

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
11.5 Year Payment $7400.00 $3700.00 $1850.00 Feb 6, 2025
Fee Large entity fee small entity fee micro entity fee
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