Patents by Inventor Timothy W. Oborne

Timothy W. Oborne 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).

  • Publication number: 20120316992
    Abstract: The PAYMENT PRIVACY TOKENIZATION APPARATUSES, METHODS AND SYSTEMS (“PPT”) transform payment token-based purchase orders via PPT components into multi-issuer purchase payment funds transfers. In one embodiment, the PPT obtains a token arbitration request including unique source-neutral universally-resolvable payment token information from a merchant for processing a purchase order from a user. The PPT queries a token database for issuer information on an issuer using the payment token information, and obtains the issuer information. The PPT also determines that the user should be queried for payment options based on the issuer information, and provides a payment options request to a user mobile device. Upon obtaining a response from the mobile device, the PPT generates a purchase authorization request based on the payment options and pre-defined settings for issuers to be contacted for processing the purchase order, and provides the generated purchase authorization request to the issuer.
    Type: Application
    Filed: June 7, 2012
    Publication date: December 13, 2012
    Inventor: Timothy W. Oborne