ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,071, issued on March 3, was assigned to NAYAX LTD. (Herzliya, Israel).
"System, device and method for digital payment" was invented by David Ben-Avi (Herzeliyya, Israel) and Guy Rosenhoiz (Herzeliyya, Israel).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system and a method for executing payments over a communication network are presented. The system performs payments over the communication network by using a payment element. The payment element includes a user identification string. The payment element is installed in a user digital wallet application at a user device to perform a payment."
The patent was filed on Dec. 5, 2022, under Application...