Payment terminal operation method and system therefor

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United States of America Patent

PATENT NO 9721242
SERIAL NO

14526112

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Abstract

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A method of payment terminal operation, including: receiving a payment collection request for a payment from an application, generating a payment initiation request for the payment, sending the payment initiation request to a secure processing system, switching the secure processing system from operation in an unsecured mode to operation in a secured mode in response to receipt of the payment initiation request, facilitating payment information entry, and receiving a payment response notification, generated based on the payment information, at the main processor.

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Patent Owner(s)

Patent OwnerAddress
POYNT LLC2155 EAST GODADDY WAY TEMPE AS 85284

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Alavill, Praveen Palo Alto, US 3 46
Asar, Syed Fayez Palo Alto, US 6 56
Bedier, Osama Palo Alto, US 36 633
Chau, Victor Palo Alto, US 18 245
Tanaka, Ray Palo Alto, US 51 1006

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
7.5 Year Payment $3600.00 $1800.00 $900.00 Feb 1, 2025
11.5 Year Payment $7400.00 $3700.00 $1850.00 Feb 1, 2029
Fee Large entity fee small entity fee micro entity fee
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