MUMBAI, India, Oct. 5 -- Intellectual Property India has published a patent application (202621099439 A) filed by Dr. D. Y. Patil Institute Of Technology, Pimpri, Pune - on August 18, 2026, for Spend Wise –a System For Purpose-Based Digital Wallet Management.

Inventors include Prof. Sushil Deshpande; Pravin Bhaskar Tekale; Om Manish Sharma; Om Bapusaheb Tambe; Shivprasad Balaji Mungre; and Riddesh Prakash Thakre.

The application for the patent was published on October 02, 2026, under issue no. 40/2026.

Abstract: The present invention relates to a system and method for managing digital payments and personal finances through multiple purpose-based digital wallets. The system allows a user to create and maintain a plurality of digital walle...