US Patent Issued to Worldpay on Aug. 12 for "Merchant issued payment vehicles linked to preexisting financial accounts" (Kentucky Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,387,259, issued on Aug. 12, was assigned to Worldpay LLC (Symmes Township, Ohio).

"Merchant issued payment vehicles linked to preexisting financial accounts" was invented by Bryan T. Bailey (Florence, Ky.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are provided for linking a customer's preexisting financial account to a merchant issued payment vehicle. If an account number associated with the preexisting financial account changes, the linking of the merchant issued payment vehicle is updated with an updated account number."

The patent was filed on June 16, 2023, under Application No. 18/336,354.

*For further information, includi...