ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,400,242, issued on Aug. 26, was assigned to B & H Foto & Electronics Corp. (New York).

"System, method, and computer program product for location-based benefits for e-commerce transactions" was invented by Menashe Horowitz (New York), Yosef Kind (New York), Moshe E. Hill (New York), Eli Herz (New York), Joel Kornbluh (New York) and Joseph Herskovits (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Provided is a computer-implemented method for location-based benefits for e-commerce transactions. The method includes receiving a request for a purchase with a delivery destination from a user, determining, with at least one processor, a geophysical l...