US Patent Issued to Visa International Service Association on Oct. 20 for "System and method for processing card not present transactions" (Colorado Inventor)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,152, issued on Oct. 20, was assigned to Visa International Service Association (San Francisco).

"System and method for processing card not present transactions" was invented by Paul Charles Turgeon (Fort Collins, Colo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for processing card not present (CNP) transactions includes: receiving an authentication transaction request including authentication transaction data associated with a CNP transaction, receiving an authorization transaction request including authorization transaction data associated with the CNP transaction; in response to receiving the authorization transaction data and the aut...