Patent Directed to Method of Payment Processing in Sales Transactions Found Abstract | Insights

Patent Directed to Method of Payment Processing in Sales Transactions Found Abstract | Insights

AuthWallet asserted a patent directed to methods and systems for processing financial transaction data against Block. Specifically, the claims outline a method for processing financial transaction data using authorization requests and conferring discounts and benefits to the consumer for use with future purchases with the retailer. Block moved to dismiss. In finding that the claims…