ALEXANDRIA, Va., Sept. 1 -- United States Patent no. 12,725,166, issued on Sept. 1, was assigned to KYRO CARD CAPITAL PTY LTD (Sydney).
"Payment processing system" was invented by Emile Wassef (Sydney).
According to the abstract* released by the U.S. Patent & Trademark Office: "The described payment processing system enables the implementation of a product purchase reward scheme. The system consists of an EFTPOS terminal, an optical scanner connected to the terminal, and a reward scheme server accessible through a wide area network. The EFTPOS terminal includes a memory device storing product data with IDs and prices, a scanning controller to determine the price from scanned IDs, a digital display with a user interface to show scanned pro...