US Patent Issued to Stripe on Sept. 16 for "Push payment decision routing" (American, Mexican Inventors)

ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,446, issued on Sept. 16, was assigned to Stripe Inc. (South San Francisco, Calif.).

"Push payment decision routing" was invented by Michael David Dahn (San Francisco) and Eduardo Serrano (Mexico City).

According to the abstract* released by the U.S. Patent & Trademark Office: "In an example embodiment, a method for push payment decision routing in relation to a transaction is provided. An example method comprises issuing a virtual payment identifier to a mobile device and receiving payment rules from a mobile device. The user-defined rules include parameters for invoking at least one push payment to be made via the virtual payment identifier for the transaction. Instructions to ...