Integrated Payment Technologies Limited (InPayTech) (ASX:IP1) has been granted patent approval for its payments process in the United States.
The US approval follows patents approved in a number of countries in the Western world, including South Africa and New Zealand, for the InPayTech payments process. Patent approvals in Asia include China, Japan, Hong Kong and Singapore.
InPayTech has a pending patent application in Canada and the Canadian Patent Office has been alerted to the US patent approval.
InPayTech Chairman, Don Sharp said: “This is a significant milestone for InPayTech on our journey from early foundations as Payment Adviser Group in 2006.”
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