Invention Grant
- Patent Title: Money transfer in a forum using a payment proxy
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Application No.: US14754362Application Date: 2015-06-29
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Publication No.: US10402794B2Publication Date: 2019-09-03
- Inventor: Brian Grassadonia , Jesse Wilson , Ayokunle Omojola , Robert Andersen
- Applicant: Square, Inc.
- Applicant Address: US CA San Francisco
- Assignee: Square, Inc.
- Current Assignee: Square, Inc.
- Current Assignee Address: US CA San Francisco
- Agency: Baker Botts L.L.P.
- Main IPC: G06Q20/10
- IPC: G06Q20/10 ; G06Q20/08 ; H04L12/58 ; G06Q50/00 ; G06Q20/32 ; G06Q20/34 ; G06Q20/40 ; G06Q20/30 ; G06Q20/16 ; H04L12/24

Abstract:
Described is a technology for executing financial transactions, e.g., payment transfers, by enabling a sender to trigger a money transfer by specifying, in any communication message, a payment proxy having a particular syntax, the syntax including a currency indicator preceding one or more alphanumeric characters. The payment proxy having the syntax indicates an intent of the sender to transfer money to a recipient associated with that payment proxy. The technology can include systems and methods of transferring money by use of a payment proxy within the context of a forum (e.g., social networking platform, microblog, blog, application, etc.). Messages of users in the forum can be monitored to detect for any user's intent to transfer money to a recipient. For example, forum messages can be parsed to identify the syntax carried by a user input in a forum message.
Public/Granted literature
- US20160125368A1 MONEY TRANSFER IN A FORUM USING A PAYMENT PROXY Public/Granted day:2016-05-05
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