US Patent Issued to Synchrony Bank on Feb. 18 for "Post-purchase credit offer and tender switch" (Connecticut, North Carolina, Georgia Inventors)

ALEXANDRIA, Va., Feb. 19 -- United States Patent no. 12,229,743, issued on Feb. 18, was assigned to Synchrony Bank (Stamford, Conn.).

"Post-purchase credit offer and tender switch" was invented by Michael Storiale (Rocky Hill, Conn.), Lisa Hammond (Alpharetta, Ga.), William Kievit (Stamford, Conn.), Tiffanie Terry (Charlotte, N.C.), Carter Hudson (Charlotte, N.C.) and Jake Miller (Stamford, Conn.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed embodiments may provide a framework to implement post-purchase tender switches. For example, following a transaction made with a particular payment instrument, a customer may be offered the ability to apply for a preferred payment instrument and/or to switch h...