US Patent Issued to WePay on Oct. 7 for "Systems and methods for distributed electronic payment processing using hierarchical payment graph" (California Inventor)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,276, issued on Oct. 7, was assigned to WePay Inc. (Redwood City, Calif.).

"Systems and methods for distributed electronic payment processing using hierarchical payment graph" was invented by Raymond Ng (Palo Alto, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A new approach is proposed that contemplates systems and methods to support distributed electronic payment processing based on a hierarchical payment graph. Specifically, a distributed electronic payment system comprising a plurality of distributed payment engines/processors. Upon receiving an electronic payment request from a client device, each distributed payment engine of the distrib...