Patents by Inventor Omesh A. Persaud

Omesh A. Persaud has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • ACCOUNT LINKING SYSTEM AND METHOD
    Publication number: 20190156313
    Abstract: Embodiments of the invention are directed to a relationship payment system that allows the establishment of a linked relationship between a primary account of a primary user and a secondary account of a secondary user. The relationship payment system allows a primary user to designate a portion of a credit limit of a primary user's account to grant to a secondary user's account. Transactions are authorized against secondary user's account, and then ultimately clearing and settlement for the transactions is conducted against the primary user's account.
    Type: Application
    Filed: October 19, 2018
    Publication date: May 23, 2019
    Inventors: Omesh A. Persaud, Lori D. Van Deloo, Chris J. Truelson, Zack Fuerstenberg
  • ACCOUNT LINKING SYSTEM AND METHOD
    Publication number: 20120330837
    Abstract: Embodiments of the invention are directed to a relationship payment system that allows the establishment of a linked relationship between a primary account of a primary user and a secondary account of a secondary user. The relationship payment system allows a primary user to designate a portion of a credit limit of a primary user's account to grant to a secondary user's account. Transactions are authorized against secondary user's account, and then ultimately clearing and settlement for the transactions is conducted against the primary user's account.
    Type: Application
    Filed: June 1, 2012
    Publication date: December 27, 2012
    Inventors: Omesh A. Persaud, Lori D. Van Deloo, Chris J. Truelson, Zack Fuerstenberg
  • Card including account number with value amount
    Patent number: 8308061
    Abstract: Embodiments of the invention disclosed herein provide a method of participating in prepaid programs through retail systems without the need to first upgrade their POS capabilities to participate, and allow for a merchant (retailer) to participate in proof of concept programs to determine if prepaid is a viable solution for their retail business model.
    Type: Grant
    Filed: February 16, 2011
    Date of Patent: November 13, 2012
    Inventors: Omesh Persaud, Virgil Mathias
  • CARD INCLUDING ACCOUNT NUMBER WITH VALUE AMOUNT
    Publication number: 20110137799
    Abstract: Embodiments of the invention disclosed herein provide a method of participating in prepaid programs through retail systems without the need to first upgrade their POS capabilities to participate, and allow for a merchant (retailer) to participate in proof of concept programs to determine if prepaid is a viable solution for their retail business model.
    Type: Application
    Filed: February 16, 2011
    Publication date: June 9, 2011
    Inventors: Omesh Persaud, Virgil Mathias
  • Card including account number with value amount
    Patent number: 7905398
    Abstract: Embodiments of the invention disclosed herein provide a method of participating in prepaid programs through retail systems without the need to first upgrade their POS capabilities to participate, and allow for a merchant (retailer) to participate in proof of concept programs to determine if prepaid is a viable solution for their retail business model.
    Type: Grant
    Filed: June 23, 2010
    Date of Patent: March 15, 2011
    Assignee: Visa International Service Association
    Inventors: Omesh Persaud, Virgil Mathias
  • Card Including Account Number With Value Amount
    Publication number: 20110057030
    Abstract: Embodiments of the invention disclosed herein provide a method of participating in prepaid programs through retail systems without the need to first upgrade their POS capabilities to participate, and allow for a merchant (retailer) to participate in proof of concept programs to determine if prepaid is a viable solution for their retail business model.
    Type: Application
    Filed: December 9, 2009
    Publication date: March 10, 2011
    Inventors: Omesh Persaud, Virgil Mathias
  • CARD INCLUDING ACCOUNT NUMBER WITH VALUE AMOUNT
    Publication number: 20110057031
    Abstract: Embodiments of the invention disclosed herein provide a method of participating in prepaid programs through retail systems without the need to first upgrade their POS capabilities to participate, and allow for a merchant (retailer) to participate in proof of concept programs to determine if prepaid is a viable solution for their retail business model.
    Type: Application
    Filed: June 23, 2010
    Publication date: March 10, 2011
    Inventors: Omesh Persaud, Virgil Mathias