Block has been granted a patent for a dual-screen point-of-sale system that allows for both merchant and consumer interaction. The system includes a merchant terminal with a computing device and a consumer terminal with a payment device reader, supporting various payment methods. The terminals can be mated together or used separately. GlobalData’s report on Block gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Block, Social commerce was a key innovation area identified from patents. Block's grant share as of March 2024 was 57%. Grant share is based on the ratio of number of grants to total number of patents.
Dual-screen point-of-sale system with detachable consumer terminal
A recently granted patent (Publication Number: US11966805B2) discloses an assembly designed for use in point-of-sale transactions between merchants and consumers. The assembly consists of two terminals - a first terminal with a merchant graphical user interface displayed on a touchscreen, and a second terminal with a consumer graphical user interface and a payment device reader. The second terminal can be detachably mated to the base of the first terminal, allowing for independent operation when detached. The second terminal includes a projection that supports and angles the touchscreen display for consumer viewing, and the system is capable of receiving payment information from payment cards regardless of the terminal's attachment status.
Furthermore, the system includes features such as physical and electrical connections between the first and second computing devices for seamless communication of payment information, different slots on the second terminal for various types of payment cards, and a contactless antenna for receiving payment information. The merchant graphical user interface provides transaction information displayed on the first terminal, which is then communicated to the consumer interface on the second terminal. The assembly offers a versatile and user-friendly solution for point-of-sale transactions, enhancing the overall experience for both merchants and consumers. With its innovative design and functionality, this patented assembly aims to streamline and improve the efficiency of transactions in retail environments.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
