Patents by Inventor Sedef Acar

Sedef Acar 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 open-loop person-to-person payments
    Patent number: 11756007
    Abstract: A method for open-loop person to person payments comprises: receiving, from a sender computing device, a transaction request message including an identifier of a recipient, a selection of a payment device, and a payment amount; determining, based on the identifier, a registration status of the recipient; if the recipient is registered: determining, from the identifier of the recipient, an account of the recipient, and initiating a request to a payment network to effect a transfer of the payment amount from an account associated with the selected payment device to an account of the recipient; if the recipient is unregistered, effecting a transfer of the payment amount from an account associated with the selected payment device to an escrow account, and transmitting, to the recipient based on the identifier, a payment notification message, said payment notification message including a link for the recipient to register to receive the payment amount.
    Type: Grant
    Filed: February 3, 2021
    Date of Patent: September 12, 2023
    Assignee: MASTERCARD INTERNATIONAL INCORPORATED
    Inventors: Alan Ferguson, Ravi Kapoor, Sedef Acar, Mohammad Al-Hussein, Georgina Selby
  • METHOD AND SYSTEM FOR OPEN-LOOP PERSON-TO-PERSON PAYMENTS
    Publication number: 20210241239
    Abstract: A method for open-loop person to person payments comprises: receiving, from a sender computing device, a transaction request message including an identifier of a recipient, a selection of a payment device, and a payment amount; determining, based on the identifier, a registration status of the recipient; if the recipient is registered: determining, from the identifier of the recipient, an account of the recipient, and initiating a request to a payment network to effect a transfer of the payment amount from an account associated with the selected payment device to an account of the recipient; if the recipient is unregistered, effecting a transfer of the payment amount from an account associated with the selected payment device to an escrow account, and transmitting, to the recipient based on the identifier, a payment notification message, said payment notification message including a link for the recipient to register to receive the payment amount.
    Type: Application
    Filed: February 3, 2021
    Publication date: August 5, 2021
    Inventors: Alan Ferguson, Ravi Kapoor, Sedef Acar, Mohammad Al-Hussein, Georgina Selby