US Patent Issued to Block on Aug. 11 for "Facilitating payments for merchants that use multiple payment service providers" (Canadian, American Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,589, issued on Aug. 11, was assigned to Block Inc. (Oakland, Calif.).

"Facilitating payments for merchants that use multiple payment service providers" was invented by Behroz Saadat (Milton, Canada), Andrew Steele (San Francisco), Dean Papastrat (Issaquah, Wash.), Pritesh Bodalia (Waterloo, Canada) and Deepkarn Bedi (Sausalito, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Facilitating payments for merchants that use multiple payment service providers (PSPs) is described. A first request may be received to establish a first on-file grant, wherein the first request indicates a first PSP used by a merchant. A request to associate a second PSP ...