OPEN PAY Trademark

Software as a service (SAAS) services featuring software for the identification of compliant sources of supply, routing and approval of purchase requests, transmission of orders, and tokenization of sensitive data for business purposes in the management of disbursements for use by others; providing online, non-downloadable application programming interface (API) software for processing orders, transmitting secure, universally-accepted open tokens in lieu of unencrypted sensitive account data, and for connecting government and enterprise procurement systems to payment rails, namely, Real-Time Payments (RTP), NOW Gateway, and the FedNow( R ) instant payment service; providing non-downloadable software for payment optimization, namely, the identification, application, and management of prompt payment discounts and dynamic payment incentives for buyers and merchants; providing non-downloadable software for the integration of tokenized payment transactions with third-party payment processors, financial institutions, enterprise procurement systems, and accounting platforms; providing non- downloadable software for reconciliation, audit support, merchant transaction reporting, and analytics related to tokenized payment transactions; providing non-downloadable software for reducing Payment Card Industry (PCI) compliance burden through tokenization and secure transaction routing