Intellectual Property India Publishes Patent Application for 'Methods And Systems For Authentication Of Payment Transactions' Filed by Mastercard International Incorporated

MUMBAI, India, April 11 -- Intellectual Property India has published a patent application (202341067650 A) filed by Mastercard International Incorporated, Purchase, U.S.A., on Oct. 9, 2023, for 'methods and systems for authentication of payment transactions.'

Inventor(s) include Naran K Zala; and Gagandeep Singh.

The application for the patent was published on April 11, under issue no. 15/2025.

According to the abstract released by the Intellectual Property India: "Embodiments provide methods and systems for authentication of payment transactions. The method includes receiving a payment initiation request including a selected payment card and transaction-related information including Personal Account Number (PAN) of the selected payment ...