US Patent Issued to Wells Fargo Bank on Sept. 30 for "Transactions using a mobile device and a contactless card" (California Inventor)

ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,430,666, issued on Sept. 30, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Transactions using a mobile device and a contactless card" was invented by Peter Ho (Walnut Creek, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes receiving, by a mobile device of a user, a payment amount for a transaction of the user. The method further includes receiving, by the mobile device, authentication data via a short range communication from a contactless card to the mobile device. The method further includes sending, by the mobile device, the authentication data and the payment amount from the mobile device to an account management sy...