US Patent Issued to Mastercard International on June 2 for "Methods and systems for payment transaction at merchant device from customer wallet" (Indian Inventors)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,048, issued on June 2, was assigned to Mastercard International Inc. (Purchase, N.Y.).

"Methods and systems for payment transaction at merchant device from customer wallet" was invented by Laxmi Iyer (Pune, India), Rajeev Kumar (Benares, India), Venkatesh Jagalpure (Pune, India), Vijay Kasul (Hyderabad, India) and Abhay Mandloi (Pune, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments provide methods and systems of enabling an electronic payment from a merchant device using customer credential when a customer does not have mobile device or card with him. The customer enters customer credential, associated with a customer wallet, on a me...