Intellectual Property India Publishes Patent Application for System And Method For Near-Real-Time Clearing Of Card Payment Transactions

MUMBAI, India, Sept. 22 -- Intellectual Property India has published a patent application (202621084036 A) filed by Sose Shubhangi, Sachin; and Shinde Neha, Kashinath on July 08, 2026, for System And Method For Near-Real-Time Clearing Of Card Payment Transactions.

Inventors include Sose Shubhangi, Sachin; and Shinde Neha, Kashinath.

The application for the patent was published on September 18, 2026, under issue no. 38/2026.

Abstract: A system (200) and method for near-real-time clearing of card payment transactions is disclosed. The system comprises an early clearing module (ECM) that transmits per-transaction clearing intent message upon authorization approval within a predetermined duration; and an ECM engine comprising an event-source...