Sequent Software, a provider of digital issuance and open wallet platform-as-a-service, today announced it has been awarded a key patent for what it said in a press release simplifies mobile payments and enables fast and seamless transactions at merchants through "one-tap" mobile payments functionality.

One-tap functionality enables mobile wallets to transmit multiple cards — such as payment, loyalty, coupons and offers — at the same time to a merchant’s point-of-sale system. This feature is available to any mobile app that uses Sequent’s platform and APIs, according to the announcement.

"One-tap functionality is arguably more important to mobile payments than 'one-click' functionality was to e-commerce," Sequent CEO Robb Duffield said in a statement. "By enabling coupons, loyalty and payment cards to be transmitted simultaneously to POS systems with a single tap of a phone, Sequent simplifies the cumbersome checkout process that forces consumers to carry multiple cards and coupons in stores today." 

The United States Patent No. 8,811,895 covers the transmission of multiple digital accounts from a mobile device to a merchant POS system via Near Field Communication technology, according to the press release. This patent covers any two or more digital accounts being transmitted at the same time including credit, debit, prepaid, offers, loyalty, coupons, vouchers and more. 

Sequent's technology is present in its digital issuance and open wallet platform products and has been commercially deployed at several major customers in multiple countries, according to the press release.