ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,400,208, issued on Aug. 26, was assigned to Bank of America Corp. (Charlotte, N.C.).
"Multi-part single QR code for split transactions" was invented by Sandeep Verma (Gurugram, India).
According to the abstract* released by the U.S. Patent & Trademark Office: "Provided herein is a method for processing a split transaction, including generating or accessing an MPQR code, enumerating the transactors, assigning a split payment amount to each transactor, displaying the MPQR code in a scannable location, scanning the MPQR code by a mobile computing device of each transactor, generating a personalized visual representation of the MPQR code for each transactor and displaying it on their mob...