ALEXANDRIA, Va., April 9 -- United States Patent no. 12,271,884, issued on April 8, was assigned to Poynt LLC (Tempe, Ariz.).
"Payment terminal system and method of use" was invented by Osama Bedier (Palo Alto, Calif.), Ray Tanaka (Palo Alto, Calif.) and Robert Hernandez (Palo Alto, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A payment terminal, including: a display, an input device configured to generate input signals indicative of a user input, a payment instrument reader configured to receive payment instrument data from a financial payment instrument, a secure processor connected to the payment instrument reader, a main processor connected to the display, the main processor separate and distinc...