ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,296, issued on Aug. 25, was assigned to Buffalo Springs Investments, LLLP (Canadian, Texas).
"Electronic payment system" was invented by Salem Abraham (Canadian, Texas).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system receives, from an electronic terminal, a selection of a first user account, and a request to transfer an amount from the first user account to a second user account. In response to authorizing the request, the system updates, in real-time, a database to represent a transfer of at least a portion of the amount to the second user account and automatically generates a data packet containing the amount, an identification of the first...