ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,426, issued on Aug. 5, was assigned to SAMSUNG ELECTRONICS Co. Ltd. (Gyeonggi-Do, South Korea).

"Method of operating payment device for selectively enabling payment function according to validity of host" was invented by Joong Chul Yoon (Seoul, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of operating a payment device for selectively enabling a payment function according to the validity of a host is provided. The method relates to a method of operating the payment device which includes a near field communication controller (NFCC) and a host communicating with the NFCC. The method selectively enables the payment function accordi...