US Patent Issued to Stripe on May 27 for "Systems and methods for economic nexus determination by a commerce platform system" (Irish, British Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,971, issued on May 27, was assigned to Stripe Inc. (San Francisco).

"Systems and methods for economic nexus determination by a commerce platform system" was invented by Ivan Mushketyk (Dublin), Kelly Moriarty (Dublin), Michael Carney (Dublin), Aaron Broder (Dublin), Juliana Martinhago (London) and David Doran (Dublin).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and apparatus for performing economic nexus determination by a transaction processing system. The method may include accessing a plurality of transactions associated with a plurality of merchant systems processed by the transaction processing system over a period of time. The metho...