Intellectual Property India Publishes Patent Application for A Payment Orchestration System And Method For Controlling Transaction Authorization Using Said System

MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202621065003 A) filed by Mr. Patil, Parag Ashok; and Ms. Patil, Sarla Ashok on May 22, 2026, for A Payment Orchestration System And Method For Controlling Transaction Authorization Using Said System.

Inventors include Mr. Patil, Parag Ashok; and Ms. Patil, Sarla.

The application for the patent was published on July 17, 2026, under issue no. 29/2026.

Abstract: The present disclosure relates to a to a hardware-integrated payment orchestration system(100) and method for controlling transaction authorization and settlement over a payment network. The system comprises a transaction initiation device (101), a payment network interface controller (102), a ...