ALEXANDRIA, Va., May 12 -- United States Patent no. 12,626,238, issued on May 12, was assigned to AGASHE GLOBAL LLC (Austin, Texas).

"System for secure transaction processing and a method thereof" was invented by Mandar Agashe (Maharashtra, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure discloses a system (100) and method (200) for secure transaction processing. The system (100) comprises a payment application (102), a memory (106), and a transaction server (108) hosting the application (102). The application (102) facilitates a registered user to generate a request for initiating a payment transaction. The memory (106) stores a list of identifiers associated with registered user...