ALEXANDRIA, Va., March 19 -- United States Patent no. 12,254,469, issued on March 18, was assigned to PAYPAL INC. (San Jose, Calif.).

"Browser tool and application for providing an exact amount transaction funding source" was invented by Taylor Charles Ballenger (Los Angeles), Konstantinos Sgoutas (Los Angeles) and Matthew Essenburg (Glendale, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "There are provided systems and methods for a browser tool and application for providing an exact amount transaction funding source or gift card. A digital gift card may be generated for an exact amount by detecting a checkout total is finalized on a merchant website having a checkout process. This may be done using ...