Invention Grant
- Patent Title: Requesting payments for selected items or services using payment tokens
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Application No.: US16807087Application Date: 2020-03-02
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Publication No.: US11461767B2Publication Date: 2022-10-04
- Inventor: Dawid Foerster , Claus Christian Lohmar , Thorsten Recker
- Applicant: PAYPAL, INC.
- Applicant Address: US CA San Jose
- Assignee: PAYPAL, INC.
- Current Assignee: PAYPAL, INC.
- Current Assignee Address: US CA San Jose
- Agency: Haynes and Boone, LLP
- Main IPC: G06Q20/36
- IPC: G06Q20/36 ; G06Q20/12 ; G06Q20/20 ; G06Q20/40 ; G06Q20/22

Abstract:
There are provided systems and methods for requesting payment for selected items or services using payment tokens. A first user, such as a requester for a transaction, may initiate a transaction with a merchant for at least one item or service. Upon checkout for the transaction, the first user may request that a second user complete payment for the transaction, such as a parent, spouse, or relative. A payment provider may generate a token for the transaction and instruct the merchant to hold the transaction for a period of time. The token may be communicated to the second user, a payer, for the transaction. The second user may then decide to authorize or decline payment for the transaction. The token may be kept valid for a period of time and the transaction may be cancelled with the merchant if the token is not paid for within the period.
Public/Granted literature
- US20200273021A1 REQUESTING PAYMENTS FOR SELECTED ITEMS OR SERVICES USING PAYMENT TOKENS Public/Granted day:2020-08-27
Information query