ALEXANDRIA, Va., May 5 -- United States Patent no. 12,619,968, issued on May 5, was assigned to Block Inc. (Oakland, Calif.).
"Location-based transaction completion" was invented by Kartik S. Lamba (Berkeley, Calif.), Grace Huey Chen (San Francisco) and Mathew Wilson (San Francisco).
According to the abstract* released by the U.S. Patent & Trademark Office: "In some examples, a buyer in a group may leave an establishment associated with a merchant with an open bill. In response to the buyer leaving the establishment, a transaction associated with that buyer can be completed to pay the buyer's portion of the bill. As one example, a payment service system can receive first beacon information that identifies the presence of a first device at...