ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,922, issued on May 27, was assigned to PANASONIC INTELLECTUAL PROPERTY MANAGEMENT Co. LTD. (Osaka, Japan).

"Payment terminal" was invented by Kenya Yasutomi (Kanagawa, Japan), Bunzo Goto (Kanagawa, Japan), Takeshi Goto (Kanagawa, Japan), Tadayuki Takanashi (Kanagawa, Japan), Akihito Shimode (Kanagawa, Japan) and Ryota Minami (Kanagawa, Japan).

According to the abstract* released by the U.S. Patent & Trademark Office: "A payment terminal includes a magnetic card reader slot having a magnetic head, an IC card reader slot configured to be front of a user, and a first board with a touch area for a contactless payment arranged diagonally upward toward the user. The magnetic card reade...