US Patent Issued to Aurus on May 19 for "Payment authentication system for electronic commerce transactions" (Massachusetts Inventor)

ALEXANDRIA, Va., May 19 -- United States Patent no. 12,632,853, issued on May 19, was assigned to Aurus Inc..

"Payment authentication system for electronic commerce transactions" was invented by Rahul Mutha (Norwood, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A payment managing system and method for enhancing the security of electronic user payment data can include employing a two factor authentication and keeping e-commerce host system outside the PCI scope. The two-factor authentication can include using a session ID and a one-time token (OTT). The session ID can identify a payment session that is initiated upon initiation of an e-commerce transaction. The payment managing system can provide a co...