US Patent Issued to STATE FARM MUTUAL AUTOMOBILE INSURANCE on Sept. 23 for "Merchant terminal for receiving payment from a vehicle" (Illinois Inventors)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,673, issued on Sept. 23, was assigned to STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY (Bloomington, Ill.).

"Merchant terminal for receiving payment from a vehicle" was invented by Kristopher Keith Gaudin (Bloomington, Ill.), Leo Nelson Chan (Normal, Ill.) and Justin Davis (Bloomington, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods, systems, apparatus, and non-transitory computer readable media are described for using a vehicle as a payment device. Various aspects may include receiving a selection of a stored financial card or financial account at a vehicle head unit. The selected financial card or financial account may be transmitte...