Patents by Inventor Dominic J. Morea

Dominic J. Morea 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).

  • On-line cash register to use in providing a consumer-to-consumer payment service
    Patent number: 7797235
    Abstract: A method for enabling two individual consumers to complete a transaction that includes payment from one consumer (the payor, or buyer) to another consumer (the payee, or seller). An intermediary typically operates the service over a computer network of nodes, such as the Internet. The buyer has the convenience of paying through a variety of different payment instruments. Likewise, the seller has the convenience of receiving payment through a variety of different disbursement instruments. For a fee, the intermediary collects the payment from the buyer and pays the seller. Although the intermediary may receive payment from the buyer before the intermediary transfers the payment to the seller, the intermediary may choose to pay the seller before receiving payment from the buyer. In this case, the intermediary assumes the risk of nonpayment by the buyer.
    Type: Grant
    Filed: February 12, 2007
    Date of Patent: September 14, 2010
    Assignee: First Data Corporation
    Inventors: Dan A. German, Dominic J. Morea, Henry T. Tsuei, John Duncan, Matt Golub
  • Method and system for facilitating payment of an online auction transaction
    Patent number: 7765148
    Abstract: A method for enabling two individual consumers to complete a transaction that includes payment from one consumer (the payor, or buyer) to another consumer (the payee, or seller). An intermediary typically operates the service over a computer network of nodes, such as the Internet. The buyer has the convenience of paying through a variety of different payment instruments. Likewise, the seller has the convenience of receiving payment through a variety of different disbursement instruments. For a fee, the intermediary collects the payment from the buyer and pays the seller. Although the intermediary may receive payment from the buyer before the intermediary transfers the payment to the seller, the intermediary may choose to pay the seller before receiving payment from the buyer. In this case, the intermediary assumes the risk of nonpayment by the buyer.
    Type: Grant
    Filed: February 12, 2007
    Date of Patent: July 27, 2010
    Assignee: First Data Corporation
    Inventors: Dan A. German, Dominic J. Morea, Henry T. Tsuei, John Duncan, Matt Golub