US Patent Issued to Worldpay on Aug. 18 for "Systems and methods for employer direct electronic payment" (Arizona Inventor)

ALEXANDRIA, Va., Aug. 18 -- United States Patent no. 12,711,477, issued on Aug. 18, was assigned to Worldpay LLC (Symmes Township, Ohio).

"Systems and methods for employer direct electronic payment" was invented by Coy Christensen (Scottsdale, Ariz.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for conducting payment transaction by an employee using an employer payment system includes retrieving a token or an account identification from the employee payment card presented by a consumer, sending an authorization request with token, account identification and transaction data to an acquirer processor, identifying the employer and the employee associated with the token or account identification, deter...