US Patent Issued to Visa International Service Association on June 10 for "System, method, and computer program product for secured, encrypted transaction processing" (California Inventor)

ALEXANDRIA, Va., June 18 -- United States Patent no. 12,327,239, issued on June 10, was assigned to Visa International Service Association (San Francisco).

"System, method, and computer program product for secured, encrypted transaction processing" was invented by Kim R. Wagner (Sunnyvale, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system, method, and computer program product is provided for secured, encrypted transaction processing. The method includes receiving a transaction request including a first user token including a first account balance, a second user token including a second account balance, and a transaction value. The method also includes generating a new first account balance by ex...