Samuel Grayson Brown

US Patent:

20140040001, Feb 6, 2014

Filed:

Oct 4, 2013

Appl. No.:

14/046792

Inventors:

Samuel N. Brown - Dallas TX, US
David S. Sink - Dallas TX, US
Aaron Wilkinson - Plano TX, US
Michael Menefee - Richardson TX, US
Mark S. Saum - Plano TX, US
Colm Bergin - Dallas TX, US
Bruce Parker - Richardson TX, US
Ralf Erich Schulz - San Francisco CA, US
Jon Buell - Dallas TX, US
Jason Fisher - Plano TX, US

Assignee:

ModoPayment, LLC - Richardson TX

International Classification:

G06Q 30/02

US Classification:

705 1426, 705 41, 705 1433

Abstract:

A system for combining a payment mechanism with an offer to a consumer is described. The system includes a virtual payment account number generation engine to generate virtual payment account numbers that can be used by a consumer in a payment transaction at a merchant, the virtual payment account number generation service also operable to take a portion of the virtual payment account number and send it as a checkout code to a consumer using the consumer's mobile device, and an offer generation engine used to set rules for an offer to be sent to consumers, create a fund for the offer, and determine individual consumer's eligibility for the offer. The offer is associated with the checkout code such that the offer is processed as part of the payment during the payment transaction using the virtual payment account number.

US Patent:

20140289126, Sep 25, 2014

Filed:

Jun 9, 2014

Appl. No.:

14/299653

Inventors:

- Richardson TX, US
Samuel N. Brown - Dallas TX, US
David S. Sink - Dallas TX, US
Aaron Wilkinson - Plano TX, US
Michael Menefee - Richardson TX, US
Mark S. Saum - Plano TX, US
Colm Bergin - Dallas TX, US
Bruce Parker - Richardson TX, US
Ralf Erich Schulz - San Francisco CA, US
Jon Buell - Dallas TX, US
Jason Fisher - Plano TX, US

Assignee:

MODOPAYMENTS, LLC - Richardson TX

International Classification:

G06Q 20/38
G06Q 20/32

US Classification:

705 44

Abstract:

A system for combining a payment mechanism with an offer to a consumer is described. The system includes a virtual payment account number generation engine to generate virtual payment account numbers that can be used by a consumer in a payment transaction at a merchant, the virtual payment account number generation service also operable to take a portion of the virtual payment account number and send it as a checkout code to a consumer using the consumer's mobile device, and an offer generation engine used to set rules for an offer to be sent to consumers, create a fund for the offer, and determine individual consumer's eligibility for the offer. The offer is associated with the checkout code such that the offer is processed as part of the payment during the payment transaction using the virtual payment account number.