US Patent Issued on Sept. 22 for "Systems and methods for providing compensation, rebate, cashback, and reward for using mobile and wearable payment services, digital currency, NFC touch payments, mobile digital card barcode payments, and multimedia haptic capture buying" (California Inventors)

ALEXANDRIA, Va., Sept. 24 -- United States Patent no. 12,743,710, issued on Sept. 22.

"Systems and methods for providing compensation, rebate, cashback, and reward for using mobile and wearable payment services, digital currency, NFC touch payments, mobile digital card barcode payments, and multimedia haptic capture buying" was invented by Zhou Tian Xing (Tiburon, Calif.) and Tiger T G Zhou (Tiburon, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Provided are methods and systems for facilitating mobile device payments using codes and cashback business model. Upon installation of an application on a mobile device, a customer may specify his payment information, which may include data on a credit/debit ...