US Patent Issued to Grant Colhoun on Aug. 25 for "Systems and methods for facilitating secure electronic transactions" (Canadian Inventors)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,237, issued on Aug. 25, was assigned to Grant Colhoun (Oakville, Canada).

"Systems and methods for facilitating secure electronic transactions" was invented by Grant Colhoun (Oakville, Canada), David Farago (Welland, Canada) and Noel Kendall (Burlington, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "Various embodiments are described herein for methods and systems for operating a transaction system for facilitating a transaction between a customer system and a merchant system. In one example embodiment, the method of operating the transaction system includes receiving a request for a digital token from the customer system, operating at least ...