White Label champion Paydiant obtains Patent for ATM Transactions, via Smartphones

How many of us have forgotten to pick up the card from the ATM slot after transaction? How many of us have forgotten to carry the card itself when cash was most needed? Ok, lets cut the chase, we all know the above issues. We also know what happens when your card gets sucked in the ATM machine, or the machine freezes and gives us a hard time retrieving the card. Paydiant, announced the grant of a new patent from the U.S Patent and Trademark Office (USPTO) on 21st January, 2014 that enables users with a smartphone to conduct transactions seamlessly at ATMs.

Paydiant was founded in 2010 by 3 entrepreneurs – Kevin Laracey (Ex Venture partner at Sigma Partners, also cofounder and CEO ...

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