Patents by Inventor Derek Reed

Derek Reed 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).

  • Apparatus, method, and computer program product for settlement to a merchant's card account using an on-line bill payment platform
    Patent number: 10373154
    Abstract: Registration information is obtained for a plurality of businesses, including the business name and a payment card account number for a payment card account in which the given business can receive payments from customers via a special payment transaction over a payment card network. An electronic bill payment system instruction including at least an amount and a unique biller identifier is obtained. A biller directory, including the registration information and the unique biller identifiers, is accessed based on the unique biller identifiers in the instruction, to retrieve the payment card account number. A payment is initiated to the business via the special payment transaction over the payment card network, based on the retrieved payment card account number.
    Type: Grant
    Filed: May 8, 2015
    Date of Patent: August 6, 2019
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Deborah M. Kimberg, Derek Reed, Lisa Sims
  • APPARATUS, METHOD, AND COMPUTER PROGRAM PRODUCT FOR SETTLEMENT TO A MERCHANT'S CARD ACCOUNT USING AN ON-LINE BILL PAYMENT PLATFORM
    Publication number: 20150332228
    Abstract: Registration information is obtained for a plurality of businesses, including the business name and a payment card account number for a payment card account in which the given business can receive payments from customers via a special payment transaction over a payment card network. An electronic bill payment system instruction including at least an amount and a unique biller identifier is obtained. A biller directory, including the registration information and the unique biller identifiers, is accessed based on the unique biller identifiers in the instruction, to retrieve the payment card account number. A payment is initiated to the business via the special payment transaction over the payment card network, based on the retrieved payment card account number.
    Type: Application
    Filed: May 8, 2015
    Publication date: November 19, 2015
    Inventors: Deborah M. Kimberg, Derek Reed, Lisa Sims