Intellectual Property India Publishes Patent Application for 'System And Method For Facilitating Porting Of Payment Modes' Filed by Mastercard International Incorporated

MUMBAI, India, June 27 -- Intellectual Property India has published a patent application (202341087159 A) filed by Mastercard International Incorporated, Purchase, U.S.A., on Dec. 20, 2023, for 'system and method for facilitating porting of payment modes.'

Inventor(s) include Naveen Kumar Gupta; Ajay Sinha; and Lalit Manchanda.

The application for the patent was published on June 27, under issue no. 26/2025.

According to the abstract released by the Intellectual Property India: "A method for facilitating porting between payment networks at the terminal device (108) is provided. A selection indicative of porting of payment mode (106) from a first payment network to a second payment network is received by a server (110) from a user (102) b...