US Patent Issued to PayPal on July 28 for "Systems and methods for facilitating card verification over a network" (Indian, American Inventors)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,694,433, issued on July 28, was assigned to PayPal Inc. (San Jose, Calif.).

"Systems and methods for facilitating card verification over a network" was invented by Nitesh Singhal (Sunnyvale, Calif.), Parijat Sinha (San Jose, Calif.), Nitin Agarwal (Adyar, India) and Muthukumar Murugesan (Thiruvottriyur, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for facilitating electronic commerce over a network, according to one or more embodiments, includes communicating with a user via a user device and an issuer of payment media via an issuer device over the network, the payment media being issued to the user by the issuer, receiving u...