ALEXANDRIA, Va., July 3 -- United States Patent no. 12,346,888, issued on July 1, was assigned to PayPal Inc. (San Jose, Calif.).

"Payment transactions using an augmented reality device" was invented by Mudit Sinha (Chennai, India) and Pradeepkumar Sampathkumar (Chennai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method of performing a payment transaction in an augmented user experience displayed to a user of an augmented reality device. The system includes receiving a request for user authentication from a user, authenticating the user for performing payment transactions via a merchant application executed on the augmented reality device, receiving a request for payment to a merchant ...