US Patent Issued to Convenient Payments on July 29 for "System and method for processing chip-card transactions from a host computer" (Utah Inventor)

ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,819, issued on July 29, was assigned to Convenient Payments LLC (Draper, Utah).

"System and method for processing chip-card transactions from a host computer" was invented by Allan Edward Oepping (Draper, Utah).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system, method and computer-readable medium for interfacing with an EMV compliant chip card having an embedded microchip. A transaction computer includes a virtual credit card terminal running in a web browser and that is in communication with an EMV card reader having a chip card slot. The virtual terminal defines a first EMV transaction and a second EMV transaction based upon user input. The v...