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AnywhereCommerce Granted Two New Patents for Mobile Payments
Published on:
AnywhereCommerce says that it has been granted 2 additional patents by the US Patent and Trademark Office covering mobile payments using a dongle in conjunction with a mobile handset, PDA, tablet and all other mobile devices.
Patent # 8,281,998 and Patent # 8,286,875 cover transactions using a payment apparatus in conjunction with a mobile phone, smartphone, tablet or PDA. This innovation covers and includes audio jack based payment transactions for magstripe, NFC, IC, EMV, RFID, loyalty rewards, and barcode readers.
"We are thrilled to receive these patents that have deep implications for the high growth mobile payments market," said Mitchell Cobrin, CEO of AnywhereCommerce. "As the original inventor of mobile POS solutions, AnywhereCommerce has been a payments pioneer since 1999. This patent is a testament to the ingenuity of our product management and engineering team."
Cobrin added: "Essentially, any commercial card transaction done through the audio jack of a mobile device communicating with a remote transaction server is now in the scope of these patents. This is a strategic triumph for AnywhereCommerce and our valued customers."
Tags: [mobile payments] [USA]
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