US Patent Issued to Toshiba Global Commerce Solutions Holdings on June 2 for "Localized currency exchange and payment" (North Carolina Inventors)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,052, issued on June 2, was assigned to Toshiba Global Commerce Solutions Holdings Corp. (Tokyo).

"Localized currency exchange and payment" was invented by Richard J. Jester (Clayton, N.C.) and Jonathan E. Simmons (Morrisville, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques are provided for localized currency exchange and payment. In one embodiment, the techniques involve a sales system that determines a cost of an item for purchase, displays a foreign currency payment option, receives a selection of a first foreign currency, retrieves a first exchange rate corresponding to the first foreign currency, receives a first foreign currency ...