Patents by Inventor George Morf

George Morf 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).

  • Publication number: 20150302382
    Abstract: A system and method for processing multiparty transactions, involving multiple payees, are disclosed. A transaction processor receives a first set of order information corresponding to an agreement between a customer and a first payee. The transaction processor further receives a second set of order information corresponding to an agreement between the first payee and a second payee. The transaction processor then receives payment from the customer. A first payout authorization is detected from the customer and the first payee. A second payout authorization is detected from the first payee and the second payee. Upon detecting the first and second payout authorizations, the transaction processor disburses at least a portion of the payment to the first payee and to the second payee based, at least in part, on the first set of order information and the second set of order information, respectively.
    Type: Application
    Filed: April 17, 2014
    Publication date: October 22, 2015
    Applicant: Klinche, Inc.
    Inventors: Sherratt Reicher, George Morf