US Patent Issued to MasterCard International on June 2 for "Conserving system resources with credential digitization and enrollment" (New York, Connecticut Inventors)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,055, issued on June 2, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Conserving system resources with credential digitization and enrollment" was invented by Tobias Puehse (Stamford, Conn.) and Andras Hemberger (Long Island City, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Examples provide a system and method for digitization of payment credentials via a point-of-sale (POS) device. When a physical payment credential is presented, the system determines, in real-time, if the credential is enrolled in a digitized payment credential service. If the credential is not enrolled and the user is qualified for enrollment based on eli...