Patents by Inventor Linden J. Fellerman

Linden J. Fellerman 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).

  • ELECTRONIC DEFERRED CHECK WRITING SYSTEM
    Publication number: 20140250000
    Abstract: A method and system for electronic deferred check processing is disclosed. A processing center receives an account identifier and a plurality of deferred payment amounts. The deferred payment amounts may be specified in a check, which can be digitized and electronically transmitted for further processing. The account identifier is correlated to a purchaser checking account. The deferred payment amounts are transferred to a merchant account in accordance with one of a plurality of predefined merchant transfer schedules, and each transfer may have a fee associated therewith that is deductable from the deferred payment amounts. The funds corresponding to the deferred payment amounts are also transferred from the purchaser checking account according to a predefined deduction schedule.
    Type: Application
    Filed: May 12, 2014
    Publication date: September 4, 2014
    Applicant: Secure Payment Systems, Inc.
    Inventor: Linden J. Fellerman
  • Electronic deferred check writing system
    Patent number: 8725634
    Abstract: A method and system for electronic deferred check processing is disclosed. A processing center receives an account identifier and a plurality of deferred payment amounts. The deferred payment amounts may be specified in a check, which can be digitized and electronically transmitted for further processing. The account identifier is correlated to a purchaser checking account. The deferred payment amounts are transferred to a merchant account in accordance with one of a plurality of predefined merchant transfer schedules, and each transfer may have a fee associated therewith that is deductable from the deferred payment amounts. The funds corresponding to the deferred payment amounts are also transferred from the purchaser checking account according to a predefined deduction schedule.
    Type: Grant
    Filed: February 10, 2009
    Date of Patent: May 13, 2014
    Assignee: Secure Payment Systems, Inc.
    Inventor: Linden J. Fellerman
  • ELECTRONIC DEFERRED CHECK WRITING SYSTEM
    Publication number: 20100205090
    Abstract: A method and system for electronic deferred check processing is disclosed. A processing center receives an account identifier and a plurality of deferred payment amounts. The deferred payment amounts may be specified in a check, which can be digitized and electronically transmitted for further processing. The account identifier is correlated to a purchaser checking account. The deferred payment amounts are transferred to a merchant account in accordance with one of a plurality of predefined merchant transfer schedules, and each transfer may have a fee associated therewith that is deductable from the deferred payment amounts. The funds corresponding to the deferred payment amounts are also transferred from the purchaser checking account according to a predefined deduction schedule.
    Type: Application
    Filed: February 10, 2009
    Publication date: August 12, 2010
    Inventor: Linden J. Fellerman