US Patent Issued to MERCEDES-BENZ GROUP on Oct. 7 for "Method for performing a payment process of a user by a payment system, as well as a corresponding payment system" (German Inventors)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,287, issued on Oct. 7, was assigned to MERCEDES-BENZ GROUP AG (Stuttgart, Germany).

"Method for performing a payment process of a user by a payment system, as well as a corresponding payment system" was invented by Mark Gerban (Hamburg, Germany) and Marco Zunino (Schonaich, Germany).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for performing a payment process involves receiving registration information from the user and transmitting the registration information to a card network of the payment system. The card network generates a payment token dependent on the at least one registration information and a corresponding cryptogram for the paym...