Patents by Inventor Rich ABERMAN

Rich ABERMAN 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).

  • Systems and methods for instant merchant activation for secured in-person payments at point of sale
    Patent number: 11593798
    Abstract: A new approach is proposed to support instant merchant activation for secured in-person payment at a point of sale (POS) of a merchant. When a customer initiates an in-person payment request at a payment initiation device associated with the merchant, the payment initiation device collects both sensitive and non-sensitive portions of electronic payment transaction data for the request and encrypts the sensitive data portion for secured transmission. A payment gateway in the payment transaction process relays the data and the payment request to a payment processor for approval by an issuer and transmits only the non-sensitive portion of the data to a payment service engine for risk analysis if the payment request is approved by the issuer. The payment service engine determines if the payment request is at high risk based on risk analysis of non-sensitive portion of the data and notifies the payment initiation device and/or merchant accordingly.
    Type: Grant
    Filed: October 13, 2017
    Date of Patent: February 28, 2023
    Assignee: WePay, Inc.
    Inventors: Sireesh Potireddy, Rich Aberman, John R. Canfield
  • SYSTEMS AND METHODS FOR INSTANT MERCHANT ACTIVATION FOR SECURED IN-PERSON PAYMENTS AT POINT OF SALE
    Publication number: 20210174361
    Abstract: A new approach is proposed to support instant merchant activation for secured in-person payment at a point of sale (POS) of a merchant. When a customer initiates an in-person payment request at a payment initiation device associated with the merchant, the payment initiation device collects both sensitive and non-sensitive portions of electronic payment transaction data for the request and encrypts the sensitive data portion for secured transmission. A payment gateway in the payment transaction process relays the data and the payment request to a payment processor for approval by an issuer and transmits only the non-sensitive portion of the data to a payment service engine for risk analysis if the payment request is approved by the issuer. The payment service engine determines if the payment request is at high risk based on risk analysis of non-sensitive portion of the data and notifies the payment initiation device and/or merchant accordingly.
    Type: Application
    Filed: October 13, 2017
    Publication date: June 10, 2021
    Inventors: Sireesh POTIREDDY, Rich ABERMAN, John R. CANFIELD