US Patent Issued to Block on Nov. 4 for "Processing electronic payment transactions in offline-mode" (California Inventors)

ALEXANDRIA, Va., Nov. 6 -- United States Patent no. 12,462,233, issued on Nov. 4, was assigned to Block Inc. (Oakland, Calif.).

"Processing electronic payment transactions in offline-mode" was invented by Brian Grassadonia (San Francisco) and Jesse Wilson (Waterloo, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems may process transactions in offline mode. In some implementations, a first device and a second device communicate via a short-range communication channel, the second device offline to a transaction processing system via a long-range communication channel. The first device receives from the second device, a payment identifier associated with a transaction between first and s...