US Patent Issued to Block on Sept. 1 for "Systems and methods for provisioning point of sale terminals" (Canadian Inventors)

ALEXANDRIA, Va., Sept. 1 -- United States Patent no. 12,725,147, issued on Sept. 1, was assigned to Block Inc. (Oakland, Calif.).

"Systems and methods for provisioning point of sale terminals" was invented by Malcolm Smith (Toronto), Kshitiz Vadera (Toronto) and Afshin Rezayee (Richmond Hill, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A provisioning system is provided for terminals such as point of sale terminals. An interface device interfaces with a smart card and a provisioning server, providing initialization keys and security codes that are stored on the smart card. At a terminal, an initialization key from the smart card may be provided to the terminal if a correct security code is entered a...