US Patent Issued to MasterCard International on June 2 for "Method and system of providing interoperability between different payment rails" (New York Inventors)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,060, issued on June 2, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Method and system of providing interoperability between different payment rails" was invented by Simon Collins (Rye, N.Y.) and Jared Levin (Mamaroneck, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for facilitating a payment transaction between incompatible and unconnected payment networks includes: receiving, by a receiver of a processing server, a transaction request from a first computing device, the transaction request including at least a first payment network identifier and a second payment network identifier; identifying, by a processor of th...