{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-9842332","patent":{"patent_number":"US-9842332","title":"Systems and methods for processing a financial transaction","assignee":null,"inventors":[],"filing_date":"2014-03-17T00:00:00.000Z","publication_date":"2017-12-12T00:00:00.000Z","cpc_codes":["G06Q"],"num_claims":19,"abstract":"Systems and methods for processing a financial transaction are provided. A representative system of processing a financial transaction comprises a product dispensing device that encodes and outputs public transaction data related to a purchasable item. A portable computing device receives the public transaction data and encodes a payment data with the received public transaction data. A payment processing server receives and processes the encoded data, and determines whether a transaction can be completed based on the encoded data. Responsive to determining that the transaction is completed, the payment processing server generates and transmits an authentication data based on the encoded data. The portable computing device receives and outputs the authentication data. The product dispensing device receives the authentication data, verifies payment based on the received authentication data, and provides the purchasable item to a customer who is operating the portable computing device."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems and methods for processing a financial transaction","description":"Systems and methods for processing a financial transaction are provided. A representative system of processing a financial transaction comprises a product dispensing device that encodes and outputs pu","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-9842332","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-9842332","citation_suggestion":"Patentable. \"Systems and methods for processing a financial transaction\" (US-9842332). https://patentable.app/patents/US-9842332","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-9842332","json":"https://patentable.app/api/llm-context/US-9842332","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-06-06T07:01:02.741Z"}