MUMBAI, India, Oct. 11 -- Intellectual Property India has published a patent application (202441008231 A) filed by Manish Agarwal, Bangalore, Karnataka, on April 7, 2024, for 'systems and methods for processing digital transactions.'
Inventor(s) include Manish Agarwal.
The application for the patent was published on Oct. 10, under issue no. 41/2025.
According to the abstract released by the Intellectual Property India: "The present invention discloses a method for processing digital payments using encrypted user verification data (EUVED). A secure communication channel is established between a merchant and its financial institution through cryptographic key exchange. The merchant application generates UVED comprising multiple transaction...