US Patent Issued to MasterCard International on June 2 for "Enhancing transactions with location-based insights on payment modes" (Indian, Marshallese Inventors)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,042, issued on June 2, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Enhancing transactions with location-based insights on payment modes" was invented by Vinay Kumar (Pune, India), Ashutosh Chaturvedi (Pune, India), Naveen Kumar Singh (Pune, India), Sachin Kumar Singh (Pune, India), Selwyn Santan Fernandes (Pune, Marshall Islands) and Shravani Sunil Shilimkar (Pune, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A user interface provides insights with respect to modes of payments offered by merchants within a particular region of interest defined by a user in the user interface. Historic and real time transaction data are ob...