InstaPay Systems Receives US Patent

Wednesday 20 October 2004 10:11 CET | News

The patent application held by InstaPay Systems Kryptosima subsidiary has been allowed by the US Patent and Trademark Office.

The patent takes a broad approach to describing methods for implementing secure payment transactions on the Internet. It directly addresses the processes that Kryptosima payENKRYPT service uses to enable ATM card transactions for web merchants, because of the broad approach the patent takes, it may also apply to many other online payment methodologies.

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Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce