US Patent Issued to DATA MESH GROUP on Oct. 6 for "System and method for secure transactions" (Australian Inventor)

ALEXANDRIA, Va., Oct. 6 -- United States Patent no. 12,755,275, issued on Oct. 6, was assigned to DATA MESH GROUP PTY LTD (Barangaroo, Australia).

"System and method for secure transactions" was invented by Tareq Hafez (New South Wales, Australia).

According to the abstract* released by the U.S. Patent & Trademark Office: "Described herein is are systems and methods for conducting secure transactions. In one embodiment, a method (300) is provided of conducting a secure transaction between a merchant and a customer. Method (300) includes initiating a transaction between the customer and the merchant by capturing a primary account number of the customer and a transaction amount at a merchant terminal (104). A transaction identifier is gener...