Patents by Inventor Daniel Grotto

Daniel Grotto 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).

  • Currency conversion with pre-paid card
    Patent number: 8781961
    Abstract: A system is provided for a stored-value card account to serve as a platform to transfer funds in alternate currency. A prepaid cardholder may transfer to a recipient in a first currency from an account in a second currency. The prepaid cardholder selects the amount to be transferred, the recipient, and the currency to be provided to the recipient. An exchange rate is obtained automatically from a currency exchanger and once the prepaid cardholder authorizes the transfer, funds in the requested currency are transferred to the recipient and the prepaid cardholder account owner's prepaid cardholder account is debited the appropriate amount. Thus, currency conversion and delivery to a recipient is possible in an automated process.
    Type: Grant
    Filed: August 20, 2008
    Date of Patent: July 15, 2014
    Assignee: Prepaid Solutions, Inc.
    Inventor: Daniel Grotto
  • Currency Conversion With Pre-Paid Card
    Publication number: 20100049653
    Abstract: A system is provided for a stored-value card account to serve as a platform to transfer funds in alternate currency. A prepaid cardholder may transfer to a recipient in a first currency from an account in a second currency. The prepaid cardholder selects the amount to be transferred, the recipient, and the currency to be provided to the recipient. An exchange rate is obtained automatically from a currency exchanger and once the prepaid cardholder authorizes the transfer, funds in the requested currency are transferred to the recipient and the prepaid cardholder account owner's prepaid cardholder account is debited the appropriate amount. Thus, currency conversion and delivery to a recipient is possible in an automated process.
    Type: Application
    Filed: August 20, 2008
    Publication date: February 25, 2010
    Applicant: West Suburban BanCorp., Inc.
    Inventor: Daniel Grotto