US Patent Issued to Worldpay on July 15 for "Systems and methods for provisioning a payment instrument" (British Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,420, issued on July 15, was assigned to Worldpay Ltd. (London).

"Systems and methods for provisioning a payment instrument" was invented by Jonathan Vokes (London) and Nicholas Telford-Reed (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention relates generally to the provisioning of payment instruments onto electronic devices such as a mobile telephone, tablet, laptop or wearable, and in particular to securely provisioning payment instrument for which authorisation for the provisioning must be provided by a payment instrument issuer. A first embodiment is provided in which data that is generated during module a transaction is receive...