US Patent Issued to MasterCard International on April 22 for "System and method for peer-to-peer assistance in provisioning payment tokens to mobile devices" (California Inventor)

ALEXANDRIA, Va., June 6 -- United States Patent no. 12,282,908, issued on April 22, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"System and method for peer-to-peer assistance in provisioning payment tokens to mobile devices" was invented by Saravana Perumal Shanmugam (Fremont, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes communicating with a remote server computer via a first mobile device to receive in the first mobile device a payment token associated with a PAN (primary account number). The PAN identifies a payment account owned by a user of the first mobile device. The method further includes provisioning the payment token from the first mobile device to a s...