MUMBAI, India, May 29 -- Intellectual Property India has published a patent application (202621044063 A) filed by Symbiosis International, Pune, Maharashtra, on April 6, for 'integrated mobile application system for collaborative expense management and bill splitting.'
Inventor(s) include Arya Deshpande; Saasha Joshua; Ramit Chopra; Tamanna Bothra; Dr. Manohar Desai; and Prof. Nitin Gawai.
The application for the patent was published on May 29, under issue no. 22/2026.
According to the abstract released by the Intellectual Property India: "The present invention discloses an integrated mobile application system (100) for collaborative expense management and bill splitting. The system comprises a user interface module (110) for displaying expense summaries, a group management module (120) for creating and managing expense sharing groups, an expense entry and tracking module (130) for recording financial transactions, a bill scanning module (140) utilizing optical character recognition for automated expense extraction from receipts, a bill splitting engine (150) implementing multiple splitting algorithms including equal division and custom allocation, a payment gateway integration module (160) providing connectivity with multiple UPI-based payment platforms including Google Pay, PhonePe, Paytm, BHIM, JioMoney, and Amazon Pay, a notification and reminder module (170) for automated payment reminders, and a data synchronization module (180) ensuring real-time data consistency across all user devices. The invention enables users to manage shared expenses, split costs using various methodologies, and settle payments through integrated payment gateways within a unified platform, addressing limitations of prior art expense management applications."
Disclaimer: Curated by HT Syndication.
