Patents by Inventor Premal V. Patel

Premal V. Patel 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 system for making electronic payments
    Patent number: 10664816
    Abstract: A method and system for making electronic payments is disclosed herein. The method for making a payment for items being purchased by a customer at a point of sale comprises acquiring and sending a payment pending notification comprising an account number of the customer and a first terminal identification number to a host system. A payment request comprising a total cost of the items, a second terminal identification number, and a control bank card number is then acquired and sent to the host system. The host system associates the customer's account in the host system with the purchase by correlating the first terminal identification number with the second terminal identification number. A payment decision using information in the customer's account is made with the host system and is sent to the point of sale, where the transaction is closed. A system configured to perform the method is also provided.
    Type: Grant
    Filed: February 9, 2017
    Date of Patent: May 26, 2020
    Assignee: SELEUCID, LLC
    Inventors: Edward Craig, Premal V Patel, Rebecca Burch
  • Method and System for Making Electronic Payments
    Publication number: 20170154321
    Abstract: A method and system for making electronic payments is disclosed herein. The method for making a payment for items being purchased by a customer at a point of sale comprises acquiring and sending a payment pending notification comprising an account number of the customer and a first terminal identification number to a host system. A payment request comprising a total cost of the items, a second terminal identification number, and a control bank card number is then acquired and sent to the host system. The host system associates the customer's account in the host system with the purchase by correlating the first terminal identification number with the second terminal identification number. A payment decision using information in the customer's account is made with the host system and is sent to the point of sale, where the transaction is closed. A system configured to perform the method is also provided.
    Type: Application
    Filed: February 9, 2017
    Publication date: June 1, 2017
    Inventors: Edward Craig, Premal V Patel, Rebecca Burch
  • Method and system for making electronic payments
    Patent number: 9576280
    Abstract: A method and system for making electronic payments is disclosed herein. The method for making a payment for items being purchased by a customer at a point of sale comprises acquiring and sending a payment pending notification comprising an account number of the customer and a first terminal identification number to a host system. A payment request comprising a total cost of the items, a second terminal identification number, and a control bank card number is then acquired and sent to the host system. The host system associates the customer's account in the host system with the purchase by correlating the first terminal identification number with the second terminal identification number. A payment decision using information in the customer's account is made with the host system and is sent to the point of sale, where the transaction is closed. A system configured to perform the method is also provided.
    Type: Grant
    Filed: October 13, 2013
    Date of Patent: February 21, 2017
    Assignee: SELEUCID, LLC
    Inventors: Edward Craig, Premal V Patel, Rebecca Burch
  • Method and System for Making Electronic Payments
    Publication number: 20150106215
    Abstract: A method and system for making electronic payments is disclosed herein. The method for making a payment for items being purchased by a customer at a point of sale comprises acquiring and sending a payment pending notification comprising an account number of the customer and a first terminal identification number to a host system. A payment request comprising a total cost of the items, a second terminal identification number, and a control bank card number is then acquired and sent to the host system. The host system associates the customer's account in the host system with the purchase by correlating the first terminal identification number with the second terminal identification number. A payment decision using information in the customer's account is made with the host system and is sent to the point of sale, where the transaction is closed. A system configured to perform the method is also provided.
    Type: Application
    Filed: October 13, 2013
    Publication date: April 16, 2015
    Inventors: Edward Craig, Premal V. Patel, Rebecca Burch