US Patent Issued on Oct. 28 for "Methods for conducting electronic payment transactions with scannable codes" (Florida Inventor)

ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,456,110, issued on Oct. 28.

"Methods for conducting electronic payment transactions with scannable codes" was invented by Thomas W Heeter (Jacksonville, Fla.).

According to the abstract* released by the U.S. Patent & Trademark Office: "One embodiment of the invention provides for making electronic payments by scanning a merchant 2D code located near the point of sale with the customer's cell phone and transmitting the code or data embodied by the code to a payment center where the merchant's account can be credited and the customer's account debited without transmitting account information over the airwaves. In another embodiment of the invention, both parties transmit the same rando...