Patents by Inventor Eugene DESILVA

Eugene DESILVA 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).

  • Method and system for facilitating installments in an electronic transaction
    Patent number: 10540645
    Abstract: A method for facilitation of installments for an electronic transaction includes: receiving a transaction message for an electronic transaction including an account identifier, transaction identifier, transaction date, and transaction amount; storing a transaction record for the transaction including the transaction identifier, transaction amount, transaction date, and a due date based on the transaction date; receiving an installment request, the request including the transaction identifier and installment options; calculating installment terms based on the installment options, transaction amount, transaction date, and due date, wherein the installment terms and/or options including an installment amount and number of installments; generating a plurality of transaction records, each related to an installment including the transaction identifier, installment amount, and a payment date based on the due date and number of installments, the number of transaction records being equivalent to the number of installm
    Type: Grant
    Filed: May 5, 2016
    Date of Patent: January 21, 2020
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Eugene DeSilva, Illya Shell
  • METHOD AND SYSTEM FOR FACILITATING INSTALLMENTS IN AN ELECTRONIC TRANSACTION
    Publication number: 20170323280
    Abstract: A method for facilitation of installments for an electronic transaction includes: receiving a transaction message for an electronic transaction including an account identifier, transaction identifier, transaction date, and transaction amount; storing a transaction record for the transaction including the transaction identifier, transaction amount, transaction date, and a due date based on the transaction date; receiving an installment request, the request including the transaction identifier and installment options; calculating installment terms based on the installment options, transaction amount, transaction date, and due date, wherein the installment terms and/or options including an installment amount and number of installments; generating a plurality of transaction records, each related to an installment including the transaction identifier, installment amount, and a payment date based on the due date and number of installments, the number of transaction records being equivalent to the number of installm
    Type: Application
    Filed: May 5, 2016
    Publication date: November 9, 2017
    Applicant: MasterCard International Incorporated
    Inventors: Eugene DESILVA, Illya SHELL