ALEXANDRIA, Va., March 12 -- United States Patent no. 12,248,925, issued on March 11, was assigned to Bank of America Corp. (Charlotte, N.C.).
"Peer to peer mobile transactions leveraging personal area networks and robust post-transaction verification" was invented by Heather Dolan (Sarasota, Fla.), Manu Kurian (Dallas) and Maharaj Mukherjee (Poughkeepsie, N.Y.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method for facilitating electronic transactions between a first mobile device and a second mobile device is provided. At a central server, when internet connection is established, the method may include receiving transaction data and prior to processing an electronic transaction based on the transaction...