US Patent Issued to CFPH on April 29 for "Method, medium, and system for allocating payment based on a free trial period" (New York Inventor)

ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,244, issued on April 29, was assigned to CFPH LLC (New York).

"Method, medium, and system for allocating payment based on a free trial period" was invented by Howard W. Lutnick (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosure includes selecting a merchant from a plurality of merchants, enabling a trial mode for the merchant, during the trial mode, receiving an indication of a first order for the merchant, forwarding the indication of the first order to the merchant, allocating a first payment for the first order to the merchant, requesting an acceptance of a membership status from the merchant, and receiving an indication of the pa...