MUMBAI, India, Jan. 23 -- Intellectual Property India has published a patent application (202631004073 A) filed by Jis College Of Engineering, Kalyani, West Bengal, on Jan. 15, for 'digital payment through smart watch.'
Inventor(s) include Uddalak Mitra; Debasish Saha Roy; Reetu Paul; Mohit Mondal; Rik Biswas; Rohit Banerjee; Saiberi Farhan Khan; and Sambhab Rooj.
The application for the patent was published on Jan. 23, under issue no. 04/2026.
According to the abstract released by the Intellectual Property India: "Smartwatch digital payment is a new innovation revolutionizing consumer transaction. Smartwatches facilitate users to make contactless payments quickly and easily by integrating Near Field Communication (NFC) and secure payment technologies. The process obliterates the necessity of holding cash or cards, improving both security and convenience. Customers can merely touch their smartwatch to compatible payment point-of-sale terminals to effect payments, minimizing contact and expediting the checkout experience. Sophisticated encryption and authentication techniques, like biometric authentication, safeguard data and support secure access. The rise in the use of wearable technology and the boosted appetite for cashless payments have driven the popularity of smartwatch payments. This effortless integration of fashion, functionality, and finance is redefining the future of digital payments, providing consumers with a quicker and more secure payment experience."
Disclaimer: Curated by HT Syndication.