Chijioke Uzo

US Patent:

7734527, Jun 8, 2010

Filed:

Oct 15, 2002

Appl. No.:

10/270981

Inventors:

Chijioke Chukwuemeka Uzo - South Amboy NJ, US

International Classification:

G06Q 20/00
G06Q 30/00

US Classification:

705 37, 705 26, 705 27, 235383

Abstract:

In accordance with the present invention, a consumer communicates a request for purchase of goods and services to a merchant, the goods and/or services being selected from these listed together with their price quotes on the merchant's computer or website connected to a network, such as the Internet. The merchant then communicates a request for a token and an update key to the clearing server, the token being previously purchased by the consumer and residing on a clearing server device. The update key is used as an authorization to modify the value of the token, i. e. , to decrement and to increment. The merchant forwards the purchased merchandise to the consumer. When consumer discontinues making purchases at the selected merchant, the merchant returns the updated token to the clearing server. A new key is necessary to make the next purchase. This is the case even where the requesting merchant is the same as that from whom the last purchase was made.

US Patent:

20080040274, Feb 14, 2008

Filed:

Oct 19, 2006

Appl. No.:

11/551005

Inventors:

Chijioke Chukwuemeka UZO - South Amboy NJ, US

International Classification:

G06Q 40/00

US Classification:

705 44

Abstract:

Methods and systems for carrying out financial transactions include creating unique aliases for payment instrument having associated identification numbers, associating the created aliases to the payment instruments and enabling consumer use of the aliases to carry out financial transactions. Various special point-of-sale devices may be employed to carry out the financial transactions.

US Patent:

20140052553, Feb 20, 2014

Filed:

Apr 17, 2013

Appl. No.:

13/864327

Inventors:

Chijioke Chukwuemeka Uzo - Marlboro NJ, US

International Classification:

G06Q 20/20

US Classification:

705 18, 705 17

Abstract:

The current invention provides a mobile payment method and a number of variations that enable a consumer to pay for a purchase from a merchant. Preferably the consumer may use a mobile device such as a smart phone to complete the transaction. With the current invention, the merchant may be capable of conducting the transaction using only an ordinary point of sale (OPOS) terminal, allowing the merchant and consumer to conduct business in a more convenient manner. The variations of the core method also significantly facilitate possible payment from the consumer to the merchant, enhancing the efficiency of the transactions.

US Patent:

6938019, Aug 30, 2005

Filed:

Aug 29, 2000

Appl. No.:

09/650293

Inventors:

Chijioke Chukwuemeka Uzo - South Amboy NJ, US

International Classification:

G06F017/60
G09C003/00

US Classification:

705 65, 705 66, 705 67, 705 68, 705 69, 705 71, 705 75, 705 76, 705 77, 705 78, 380268

Abstract:

In accordance with the present invention, consumers and merchants use computing devices connected to a network, such as the Internet, through wired and wireless means, wherein the consumer connects to a clearing server device to purchase or retrieve previously purchased token, the consumer then connects to the merchant's computer or website to attain price quotes of goods and services, selects the goods and/or services to be purchased, and then communicates a request for purchase to the merchant. The merchant then communicates a request for an update key to the clearing server. The update key is used as an authorization to modify the value of the token. To debit the customer the decrement key is requested and to credit the customer an increment key is asked for. An overwrite key is another type of update key. Together with the overwrite key a replacement token is provided to the merchant who in turn forwards the new token to the customer.

US Patent:

20160019523, Jan 21, 2016

Filed:

Sep 29, 2015

Appl. No.:

14/868487

Inventors:

Chijioke Chukwuemeka UZO - Marlboro NJ, US

International Classification:

G06Q 20/30
G06Q 20/20

Abstract:

Methods and systems for carrying out financial transactions include creating unique aliases for payment instrument having associated identification numbers, associating the created aliases to the payment instruments and enabling consumer use of the aliases to carry out financial transactions. Various special point-of-sale devices may be employed to carry out the financial transactions.