MUMBAI, India, April 20 -- Intellectual Property India has published a patent application (202421077862 A) filed by Tata Consultancy Services Limited, Maharashtra, on Oct. 14, 2024, for 'system and method for securing payment intent and optimizing value store selections.'
Inventor(s) include Srinivasan, Suresh; Kulkarni, Kedar Avinash; Chattyvnsh, Sriram; Senapati, Ashok Kumar; and Raghavan, Rajesh.
The application for the patent was published on April 17, under issue no. 16/2026.
According to the abstract released by the Intellectual Property India: "Conventional payment systems require payers to select the payment instrument first and then authorize payments. The payer cannot change payment instrument post authorizing payment as author...