US Patent Issued to Vocalink International on June 2 for "Communications device, point of sale device, payment device and methods" (British Inventor)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,057, issued on June 2, was assigned to Vocalink International Ltd. (London).

"Communications device, point of sale device, payment device and methods" was invented by Nilesh Upadhye (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A communications device for implementing an electronic payment process, the communications device including a receiver unit operable to receive a secure limited use key (SLUK) from a financial institution that is generated by the financial institution using a first limited use key (LUK) generated using a first key associated with the financial institution, an identifier which identifies a user of the communications de...