ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,474, issued on Sept. 16, was assigned to PAYPAL INC. (San Jose, Calif.).

"System and method for tokenizing offers" was invented by Braden Christopher Ericson (San Jose, Calif.) and Harshal Ulhas Deo (San Jose, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the present disclosure involve systems, methods, devices, and the like for tokenizing offers. The current disclosure presents a system and method that can present a tokenized offer for saving and retrieving from a digital wallet. The tokenized offer may be presented on a client site for selection by a user interested in taking advantage of the promotion without having to leave t...