US Patent Issued to Visa International Service Association on Sept. 9 for "Token processing system and method" (California Inventors)

ALEXANDRIA, Va., Sept. 10 -- United States Patent no. 12,413,580, issued on Sept. 9, was assigned to Visa International Service Association (San Francisco).

"Token processing system and method" was invented by Wilson Thampi (Foster City, Calif.) and Tony Thomas Kollamparambil (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method is disclosed and includes receiving, by a record server computer from a first processing network computer, a token, a device identifier associated with a user device, a session identifier associated with a registration request, and metadata about the token, and then receiving a metadata request from a second processing network computer in response to the second proce...