US Patent Issued to MasterCard International on Sept. 16 for "Systems and methods to enable payments in the absence of a point of sale device" (American, French Inventors)

ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,460, issued on Sept. 16, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Systems and methods to enable payments in the absence of a point of sale device" was invented by Michael J. Friedman (Stamford, Conn.) and Mouna Fouillade (Boulogne-Billancourt, France).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and system for processing a transaction between a merchant and a consumer using a consumer mobile device wherein the consumer mobile device is in communication with a payment processing computing device having a memory are provided. The method includes receiving merchant data associated with the merchant, receiving a consum...