US Patent Issued to MASTERCARD INTERNATIONAL Inc. PURCHASE on Sept. 23 for "Secure QR code transactions" (Florida Inventor)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,674, issued on Sept. 23, was assigned to MASTERCARD INTERNATIONAL Inc. PURCHASE (Purchase, N.Y.).

"Secure QR code transactions" was invented by Sachin Kumar Agarwalla (Miami).

According to the abstract* released by the U.S. Patent & Trademark Office: "A Secure Transaction System can receive a request to initiate a transaction from a payment application. The request can include merchant information obtained from a QR code generated for a merchant. The Secure Transaction System can search a merchant storage resource for corresponding contact information for the merchant identified by the merchant information and communicate a password over a communication channel using the contact...