Stripe, LLC Granted Patent for NFC Payment System

ChangeBridge: Patent Grants - Business Methods (G06Q)

Published March 24th, 2026

Detected March 25th, 2026

Summary

The USPTO has granted Stripe, LLC a patent for a near field communications (NFC) payment system. The patent, US12586055B2, covers a card detection subsystem that controls a payment card reader by activating an antenna based on detecting a payment card. The patent was granted on March 24, 2026.

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What changed

The United States Patent and Trademark Office (USPTO) has granted patent US12586055B2 to Stripe, LLC. This patent, titled "System and method for near field communications payment," was granted on March 24, 2026. It details a card detection subsystem designed to manage a payment card reader, which includes magnetic stripe, integrated circuit card, and NFC readers. The subsystem uses sensors to detect a payment card and subsequently turns the NFC antenna on or off.

This patent grant is a routine event for a technology company and does not impose new regulatory obligations on other entities. It represents an intellectual property asset for Stripe, LLC. Compliance officers in the financial technology sector should note this development as it pertains to payment processing innovations, but no immediate action is required.

Source document (simplified)

← USPTO Patent Grants

System and method for near field communications payment

Grant US12586055B2 Kind: B2 Mar 24, 2026

Assignee

Stripe, LLC

Inventors

Hwai Sian Tsai, Wayne Gan, Chi Wah Lo

Abstract

A card detection subsystem for control of a payment card reader, where the payment card reader comprises a magnetic stripe reader (MSR), an integrated circuit card (ICC) reader, and a near field communications (NFC) reader, and the NFC reader comprises an antenna. The card detection subsystem includes a processor, a storage, and one or more sensors. The one or more sensors detect a payment card and the antenna is either turned on or turned off based on the detection of the payment card.