ALEXANDRIA, Va., Oct. 6 -- United States Patent no. 12,755,263, issued on Oct. 6, was assigned to Visa International Service Association (San Francisco).

"System, method, and computer program product for operating a group transaction network" was invented by Nicholas Bryan Kurlas (New York), Nkanyiso Khumalo (Pretoria, Canada) and Sameer Shiraz Poonja (Dubai, United Arab Emirates).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for operating a private group transaction network, includes: receiving a group creation request; communicating a group invitation to each of the group members; receiving a plurality of group acceptance messages, one from each of the group members, where each group acceptance me...