Patents by Inventor Michael Leavitt

Michael Leavitt 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).

  • Patent number: 11972417
    Abstract: An encrypted payment message is received from a buyer relating to a transaction with a merchant. The payment message is parsed using a first parsing algorithm to obtain merchant identifying information. The merchant identifying information is associated with at least a second parsing algorithm or at least one settlement algorithm. The payment message is parsed using the second parsing algorithm to obtain payment information for the transaction. A first settlement algorithm is applied to the payment information to determine an adjusted interchange rate. The payment information including the adjusted interchange rate is submitted to a third party settlement processor on behalf of the merchant, using a payment algorithm. A second settlement algorithm applied to the payment information determines a buyer rebate which can be submitted to the settlement processor. A transaction result is reported to at least one of the merchant or the buyer.
    Type: Grant
    Filed: November 21, 2022
    Date of Patent: April 30, 2024
    Assignee: Boost Payment Solutions, Inc.
    Inventors: Dean Michael Leavitt, James Edward Lister
  • Publication number: 20230077411
    Abstract: An encrypted payment message is received from a buyer relating to a transaction with a merchant. The payment message is parsed using a first parsing algorithm to obtain merchant identifying information. The merchant identifying information is associated with at least a second parsing algorithm or at least one settlement algorithm. The payment message is parsed using the second parsing algorithm to obtain payment information for the transaction. A first settlement algorithm is applied to the payment information to determine an adjusted interchange rate. The payment information including the adjusted interchange rate is submitted to a third party settlement processor on behalf of the merchant, using a payment algorithm. A second settlement algorithm applied to the payment information determines a buyer rebate which can be submitted to the settlement processor. A transaction result is reported to at least one of the merchant or the buyer.
    Type: Application
    Filed: November 21, 2022
    Publication date: March 16, 2023
    Applicant: Boost Payment Solutions, Inc.
    Inventors: Dean Michael Leavitt, James Edward Lister
  • Patent number: 11514435
    Abstract: An encrypted payment message is received from a buyer relating to a transaction with a merchant. The payment message is parsed using a first parsing algorithm to obtain merchant identifying information. The merchant identifying information is associated with at least a second parsing algorithm or at least one settlement algorithm. The payment message is parsed using the second parsing algorithm to obtain payment information for the transaction. A first settlement algorithm is applied to the payment information to determine an adjusted interchange rate. The payment information including the adjusted interchange rate is submitted to a third party settlement processor on behalf of the merchant, using a payment algorithm. A second settlement algorithm applied to the payment information determines a buyer rebate which can be submitted to the settlement processor. A transaction result is reported to at least one of the merchant or the buyer.
    Type: Grant
    Filed: December 23, 2019
    Date of Patent: November 29, 2022
    Assignee: Boost Payment Solutions, Inc.
    Inventors: Dean Michael Leavitt, James Edward Lister
  • Patent number: 11488142
    Abstract: An encrypted payment message is received from a buyer relating to a transaction with a merchant. The encrypted payment message is parsed using a first parsing algorithm to obtain merchant identifying information. The encrypted payment message is further parsed using a second parsing algorithm associated with the merchant identifying information, to obtain at least some payment information for the transaction. The payment information is submitted to a third party settlement processor on behalf of the merchant, using a payment algorithm. The result of the transaction is reported to at least one of the merchant and the buyer.
    Type: Grant
    Filed: June 29, 2018
    Date of Patent: November 1, 2022
    Assignee: Boost Payment Solutions, Inc.
    Inventors: Dean Michael Leavitt, James Edward Lister
  • Publication number: 20200134609
    Abstract: An encrypted payment message is received from a buyer relating to a transaction with a merchant. The payment message is parsed using a first parsing algorithm to obtain merchant identifying information. The merchant identifying information is associated with at least a second parsing algorithm or at least one settlement algorithm. The payment message is parsed using the second parsing algorithm to obtain payment information for the transaction. A first settlement algorithm is applied to the payment information to determine an adjusted interchange rate. The payment information including the adjusted interchange rate is submitted to a third party settlement processor on behalf of the merchant, using a payment algorithm. A second settlement algorithm applied to the payment information determines a buyer rebate which can be submitted to the settlement processor. A transaction result is reported to at least one of the merchant or the buyer.
    Type: Application
    Filed: December 23, 2019
    Publication date: April 30, 2020
    Applicant: Boost Payment Solutions, Inc.
    Inventors: Dean Michael Leavitt, James Edward Lister
  • Publication number: 20180308090
    Abstract: An encrypted payment message is received from a buyer relating to a transaction with a merchant. The encrypted payment message is parsed using a first parsing algorithm to obtain merchant identifying information. The encrypted payment message is further parsed using a second parsing algorithm associated with the merchant identifying information, to obtain at least some payment information for the transaction. The payment information is submitted to a third party settlement processor on behalf of the merchant, using a payment algorithm. The result of the transaction is reported to at least one of the merchant and the buyer.
    Type: Application
    Filed: June 29, 2018
    Publication date: October 25, 2018
    Applicant: Boost Payment Solutions, Inc.
    Inventors: Dean Michael Leavitt, James Edwards Lister
  • Patent number: 9389038
    Abstract: Designs and methods are provided for a rotatable turret and weapon system. In one exemplary embodiment the system comprises a rotatable turret ring atop a gunner station in a supporting structure, and a gun mount at a first location on the turret ring adapted for mounting an automatic weapon accessible to a gunner. An ammunition mount adapted to interchangeably secure an ammunition magazine, or an adapter for holding multiple ammunition magazines, to the turret ring at a second location. The ammunition mount, gun mount, and turret ring move as an integral unit.
    Type: Grant
    Filed: May 13, 2014
    Date of Patent: July 12, 2016
    Assignee: Dillon Aero, Inc.
    Inventor: Michael Leavitt
  • Patent number: 4680181
    Abstract: A unique cheese results from combining milled curds typical of cheddar cheese and stirred curds typical of a soft cheese, such as mozzarella. The curds from two cheese vats are combined by pumping a liquid mixture of the stirred curd and whey over a drained loose mass of milled curds. The consolidated curds are then stirred together and salted to simultaneously terminate their fermentation processes. The blended curd mass is molded, pressed and aged similar to cheddar cheese. The resulting cheese has a unique flavor, resembling that of cheddar cheese, and a unique consistency, resembling that of its stirred curd cheese component. A specific example is a mixture containing discrete zones of 60% whole milk cheddar cheese and 40% part skim mozzarella cheese, by volume.
    Type: Grant
    Filed: January 3, 1986
    Date of Patent: July 14, 1987
    Assignee: Hamilton House Marketing, Inc.
    Inventors: Michael Leavitt, David S. Huls