Patents by Inventor Edward Oistacher

Edward Oistacher 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).

  • System and method for making purchase payment after payment failures
    Patent number: 11948152
    Abstract: When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
    Type: Grant
    Filed: June 15, 2022
    Date of Patent: April 2, 2024
    Assignee: Affirm, Inc.
    Inventors: Youyou Yang, Daniel Kaufman, Edward Oistacher
  • SYSTEM AND METHOD FOR MAKING PURCHASE PAYMENT AFTER PAYMENT FAILURES
    Publication number: 20220309508
    Abstract: When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
    Type: Application
    Filed: June 15, 2022
    Publication date: September 29, 2022
    Inventors: Youyou Yang, Daniel Kaufman, Edward Oistacher
  • System and method for making purchase payment after payment failures
    Patent number: 11397951
    Abstract: When a loan payment failure occurs, a loan server can retry a payment from a client's financial institution sources rather than immediately charging the client for the payment failure. The payment retry is scheduled on a Friday that is at least three days after the payment failure. If a payment failure from the financial institution sources to the loan server occurs between a Friday and the following Monday the payment retry by the loan server to the financial institution sources will occur on the first following Friday and if the payment failure occurs on Tuesday, Wednesday or Thursday, the payment retry will occur on the second following Friday which is the Friday of the following week from the failure date.
    Type: Grant
    Filed: January 9, 2019
    Date of Patent: July 26, 2022
    Assignee: Affirm
    Inventors: Youyou Yang, Daniel Kaufman, Edward Oistacher