ALEXANDRIA, Va., Aug. 18 -- United States Patent no. 12,711,488, issued on Aug. 18, was assigned to Visa International Service Association (San Francisco).
"System and method for facilitating frictionless payment transactions field" was invented by John Markh (Burlington, Canada).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method, for conducting a secure and frictionless payment transaction involving a merchant device and a cardholder device, includes receiving, by a payment solution provider, transaction details from the merchant device, storing, by the payment solution provider, the transaction details, generating, by the payment solution provider, based on the transaction details, a unique resource lo...