Patents by Inventor Alek Mesarovich

Alek Mesarovich 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).

  • Payment processing method and system
    Publication number: 20060149671
    Abstract: A payment processing system includes one transaction processor that aggregates cost data associated with low-priced sales transactions between a consumer and a merchant. The transaction processor sends data that represents the aggregated cost data to an acquiring banking entity associated with the merchant. The system also includes another transaction processor that stores data that represents each individual low-priced sales transaction. The stored data is accessible by one or more banking entities associated with the merchant.
    Type: Application
    Filed: June 27, 2005
    Publication date: July 6, 2006
    Inventors: Robert Nix, Alek Mesarovich, Theodore Schwartz, Jeffrey Schachter, Peter Masters, Jason Mondanaro, Ronald Rivest, Silvio Micali, Prasad Jonnalagadda