US Patent Issued to PAYPAL on Oct. 20 for "Transaction token issuing authorities" (Massachusetts Inventor)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,137, issued on Oct. 20, was assigned to PAYPAL INC. (San Jose, Calif.).

"Transaction token issuing authorities" was invented by Kevin Laracey (Natick, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, apparatus, processes, computer program code and means for conducting transactions are described which allow a first party to a transaction to identify a second party to a transaction."

The patent was filed on Dec. 28, 2023, under Application No. 18/399,284.

*For further information, including images, charts and tables, please visit: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch...