Patents by Inventor John Mascavage
John Mascavage 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).
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Patent number: 8260694Abstract: A system, method, and computer program product are provided for managing transaction billing across a plurality of billing sources utilizing an interface. In use, information associated with a transaction is received. Additionally, billing of the transaction is managed utilizing an interface accessible to a plurality of billing sources. Further, a billing response is returned, based on the management of the billing of the transaction.Type: GrantFiled: January 6, 2009Date of Patent: September 4, 2012Assignee: OpenMarket, Inc.Inventors: Joe Lauer, Chad Maglaque, Chun Hsu, John Mascavage
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Publication number: 20080052235Abstract: A network arrangement is provided for processing credit transactions. A financial network is used to route communications securely between interfaces with the financial network. Merchant systems are coupled with the interfaces, with each merchant system transmitting requests for authorization of credit transactions through the financial network. An issuer system authorizes credit transactions in response to receipt of requests that specify at least a credit account to be used to support a particular credit transaction and a transaction amount for the particular credit transaction. A guarantor system separate from the issuer system determines whether to guarantee credit transactions in response to the requests and transmits responses indicating whether specific credit transactions are to be guaranteed through the financial network to the merchant systems.Type: ApplicationFiled: October 26, 2007Publication date: February 28, 2008Applicant: First Data CorporationInventors: John Mascavage, Margaret Weichert, Robert Hogan
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Publication number: 20070118472Abstract: According to the invention, a process for transferring funds between a payor and a payee in an online transaction is disclosed. In one step, information is received from the payor for debiting a bank account associated with the payor. Authorization is transmitted to the payee to request debits from the payor. The total of all debit requests does not exceed an amount that is authorized. A first request is received from the payee to debit the customer a first portion of the amount. A first debit is initiated from the bank account for the first portion of the amount. A second request is received from the payee to debit the payor a second portion of the amount. A second debit is initiated from the bank account for the second portion of the amount.Type: ApplicationFiled: January 17, 2007Publication date: May 24, 2007Applicant: First Data CorporationInventors: Terry Allen-Rouman, John Mascavage, Margaret Weichert, Robert Dravenstott
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Publication number: 20050279827Abstract: A network arrangement is provided for processing credit transactions. A financial network is used to route communications securely between interfaces with the financial network. Merchant systems are coupled with the interfaces, with each merchant system transmitting requests for authorization of credit transactions through the financial network. An issuer system authorizes credit transactions in response to receipt of requests that specify at least a credit account to be used to support a particular credit transaction and a transaction amount for the particular credit transaction. A guarantor system separate from the issuer system determines whether to guarantee credit transactions in response to the requests and transmits responses indicating whether specific credit transactions are to be guaranteed through the financial network to the merchant systems.Type: ApplicationFiled: April 12, 2005Publication date: December 22, 2005Applicant: First Data CorporationInventors: John Mascavage, Margaret Weichert, Robert Hogan
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Publication number: 20050267842Abstract: According to the invention, a method for transferring funds from a payor to one or more payees using a wide area network when the transfer information is incomplete at some point is disclosed. In one step, initial transfer information for a transfer of funds from the payor to the payee is received. In another step, supplemental transfer information for the transfer of funds from the payor to the payee is received. The transfer of funds from the payor to the payee is completed using both the initial transfer information for the transfer of funds from the payor to the payee and the supplemental transfer information for the transfer of funds from the payor to the payee.Type: ApplicationFiled: August 5, 2005Publication date: December 1, 2005Applicant: First Data CorporationInventors: Margaret Weichert, John Mascavage
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Publication number: 20050234822Abstract: In one embodiment, a first information packet is received at a payment network from a merchant, which includes a financial transaction cost and a credential presented by the customer as a payment for the financial transaction. The payment network uses the private label card account number to determine a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account; generates a second information packet comprising the transaction information, the account information, and the authorization information; and selects one of a plurality of transaction networks over which to transmit the second information packet to the financial institution. The second information is then transmitted from the payment network to the financial institution with a request to perform a debit transaction from the identified financial account for at least a portion of the cost of the financial transaction.Type: ApplicationFiled: April 16, 2004Publication date: October 20, 2005Applicant: First Data CorporationInventors: Steven VanFleet, John Mascavage, Matthew Byrne, Diane Wing, Cassandra Mollett
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Publication number: 20050234817Abstract: In one embodiment, a first information packet is received at a payment network from a merchant, which includes a financial transaction cost and a private label card account identifier presented by the customer as a payment for the financial transaction. The private label card is a form of payment accepted only by the merchant or a merchant consortium that includes the merchant. The payment network uses the private label card account identifier to determine a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account. The payment network generates a second information packet comprising the transaction information, the account information, and the authorization information. The second information is transmitted from the payment network to the financial institution with a request to perform a debit transaction from the identified financial account for the cost of the financial transaction.Type: ApplicationFiled: April 16, 2004Publication date: October 20, 2005Applicant: First Data CorporationInventors: Steven VanFleet, John Mascavage, Matthew Byrne, Diane Wing, Cassandra Mollett
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Publication number: 20050234833Abstract: Methods and systems coordinate an Internet-based financial transaction between an Internet merchant and a customer. A first information packet is received with a payment network from the Internet merchant. The first information packet has a credential assigned to the customer and transaction information specifying at least a cost of the Internet-based financial transaction. With the payment network, account information is determined that identifies a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account. A second information packet that includes the transaction information, the account information, and the authorization information is generated with the payment network.Type: ApplicationFiled: April 16, 2004Publication date: October 20, 2005Applicant: First Data CorporationInventors: Steven VanFleet, John Mascavage, Margaret Weichert, Matthew Byrne, Diane Wing, Cassandra Mollett