US Patent Issued to VISA EUROPE on June 3 for "Electronic transaction system" (British Inventors)

ALEXANDRIA, Va., June 4 -- United States Patent no. 12,321,941, issued on June 3, was assigned to VISA EUROPE Ltd. (London).

"Electronic transaction system" was invented by Onkar S. Bahia (London), Jacques Antoine-Godet (London), Edward Cummins (London) and Klaus Kroger (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "There is disclosed a method of authorising an electronic transaction, the method involving a server receiving transaction details for the electronic transaction and an identifier for a participant in the electronic transaction. The server sends the transaction details to the participant in the electronic transaction, and in return receives authorisation data from the participant, the auth...