Patents by Inventor Laxmiprassad Putta

Laxmiprassad Putta 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 apparatus for improved financial instrument processing
    Publication number: 20010032192
    Abstract: A method and apparatus are provided for issuing secondary programmable account numbers (SPANs) to a customer or customer-designated party, each of which SPANs is associated with a customer primary account or other financial instrument, and each of which SPANs has selected usage parameters assigned thereto. SPANs may be issued as a book, with usage parameters assigned to the book in addition to or instead of individual SPANs. When a SPAN is presented to a merchant for payment, the SPAN, including compliance with usage parameters, is verified and appropriate action taken based on either verification or failure of verification.
    Type: Application
    Filed: December 11, 2000
    Publication date: October 18, 2001
    Inventors: Laxmiprassad Putta, Sudhakar Durairaj, Sridhar Ramachandran, James Lowell Frankel