Kakao had one patents in mobile during Q2 2024. The patent filed by Kakao Corp in Q2 2024 relates to a financial service provision system and a simple payment company server. This system allows for the management of customer financial accounts by attracting funds from customer-linked accounts. It includes a simple payment company server, a financial company server, a bank firm system, and a securities firm system to facilitate fund transfers and balance changes in customer accounts. The technology integrates prepaid electronic payment methods and comprehensive securities account methods within the system. GlobalData’s report on Kakao gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Kakao had no grants in mobile as a theme in Q2 2024.

Recent Patents

Application: Financial service provision system and simple payment company server therefor (Patent ID: US20240112256A1)

The present technology by Kakao Corp. involves a financial service provision system that attracts funds from customer-linked accounts to manage customer financial company accounts. This system includes a simple payment company server, a financial company server, a bank firm system, and a securities firm system. The balance of the customer financial company account is changed through these systems when a customer requests a change in balance, allowing for a prepaid electronic payment method and a comprehensive securities account method to be linked together efficiently.

The financial service provision system further includes components such as balance increase processing units, balance deduction processing units, parent account systems, and processing units for recording requests and reflecting processing results. These components work together to facilitate the transfer of funds between accounts, manage balance changes, and ensure the success of transactions. The system also allows for recovery processes in case of failed requests and non-reflected cases, providing a comprehensive and reliable financial service experience for customers.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.