US Patent Issued to Synchrony Bank on June 10 for "Reverse terminal payment systems and methods" (Connecticut, Illinois, Georgia Inventors)

ALEXANDRIA, Va., June 18 -- United States Patent no. 12,327,234, issued on June 10, was assigned to Synchrony Bank (Stamford, Conn.).

"Reverse terminal payment systems and methods" was invented by Michael Storiale (Stamford, Conn.), Sih Lee (Stamford, Conn.), William Kievit (Stamford, Conn.), Jennifer Cantor (Chicago), Jake Miller (Stamford, Conn.), Noah Pell (Champaign, Ill.), Christopher Bauer (Stamford, Ill.) and Lisa Hammond (Alpharetta, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An application executed on a user device receives a request to initiate a transaction with an entity associated with a device implemented at a point-of-sale. The application detects that the user device is proximate to t...