Perk Labs Inc. (CSE:PERK, OTCQB:PKLBF) announced that it has received a notice of allowance for a US patent application directed at systems and methods for electronic payments with fraud prevention based on correlating transaction data and information from a user's device.
The company, which owns the mobile commerce platform Perk Hero, said it also holds a US and Canadian patent for enabling the payments of invoices and bills using a mobile device and has the following patent applications pending:
- Canadian patent application pending for the anti-fraud invention referenced above;
- Canadian patent pending for an invention directed at wireless electronic transactions and;
- US, Australia, and Canada patent applications directed to a method, system, and computer readable medium for transferring cryptographic tokens.
“This recognition not only validates our innovation and leadership in the mobile payment industry but also strengthens our position in protecting our valuable intellectual property,” Perk Labs CEO Jonathan Hoyles said in a statement.
“We've placed security and anti-fraud as our highest priority and remain committed to investing in research and development and advancing our technology to deliver secure and seamless payment solutions to our customers,” he added.
Perk Labs is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with dining experiences that are more engaging, convenient and rewarding.
Contact Sean at sean@proactiveinvestors.com