ALEXANDRIA, Va., March 26 -- United States Patent no. 12,260,390, issued on March 25, was assigned to Slip Cash Holdings LLC (Newport Beach, Calif.).

"Device for launching multiple peer to peer cashless payment applications on mobile devices" was invented by Sergio Nicolas Ducoulombier (Newport Beach, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A device includes one or more NFC chips that are preprogrammed to provide a payee's identification and information for launching any of several P2P cashless payment applications to which the payee is subscribed, to a mobile phone of a payor. When a mobile device of a payor is brought to the vicinity of an NFC chip of the device, the mobile device launches a ...