We are excited to announce that Innovecture recently received the patent for its invention of ‘reverse authorization’ for mobile payments. The ‘reverse authorization’ algorithm removes the dependency on the Point of Sale(PoS) to generate the authorization request and allows to send the authorization response to the PoS when the PoS is connected to the network(online mode) and even when it is not connected to the network (offline mode). Please stay tuned for our exciting mobile commerce product launch based on this patent.
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