Patents by Inventor Marilyn Haqq

Marilyn Haqq 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).

  • Interchange rate processing system and method
    Patent number: 10540643
    Abstract: Systems and methods for interchange rate processing are provided. An interchange rate processing computing device is configured to receive transaction messages from one or more acquiring banks. Each transaction message may contain transaction data corresponding to a payment card transaction. The interchange rate processing computing device may analyze the transaction data to identify one or more one or more transaction characteristics. Based on the transaction characteristics, the interchange rate processing computing device may identify a lowest valid interchange rate for the payment card transaction and determine a corresponding interchange rate designator. The interchange rate processing computing device may then generate an enhanced transaction message including the transaction data and the interchange rate designator and transmit the enhanced transaction message to a payment processor, issuing bank, or other entity in a payment processing network.
    Type: Grant
    Filed: April 15, 2016
    Date of Patent: January 21, 2020
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Shankar Subramanian, Timothy Glen Althoff, Peter Julian Reyes Flor, Marilyn Haqq, Gregory S. Kriebaum
  • INTERCHANGE RATE PROCESSING SYSTEM AND METHOD
    Publication number: 20170300879
    Abstract: Systems and methods for interchange rate processing are provided. An interchange rate processing computing device is configured to receive transaction messages from one or more acquiring banks. Each transaction message may contain transaction data corresponding to a payment card transaction. The interchange rate processing computing device may analyze the transaction data to identify one or more one or more transaction characteristics. Based on the transaction characteristics, the interchange rate processing computing device may identify a lowest valid interchange rate for the payment card transaction and determine a corresponding interchange rate designator. The interchange rate processing computing device may then generate an enhanced transaction message including the transaction data and the interchange rate designator and transmit the enhanced transaction message to a payment processor, issuing bank, or other entity in a payment processing network.
    Type: Application
    Filed: April 15, 2016
    Publication date: October 19, 2017
    Inventors: Shankar Subramanian, Timothy Glen Althoff, Peter Julian Reyes Flor, Marilyn Haqq, Gregory S. Kriebaum