MUMBAI, India, Aug. 12 -- Intellectual Property India has published a patent application (202641093515 A) filed by Prince Shri Venkateshwara Padmavathy Engineering College; Prince Dr K Vasudevan College Of Engineering And Technology; Prince Shri Balaji Arts And Science College; and Prince Shri Venkateshwara Arts And Science College on August 01, 2026, for Integrated Digital Payment Decision Support And Consumer Payment Preference Analysis System.
Inventors include Mrs. M. Sandhiya; and Ms. S. Kavitha.
The application for the patent was published on August 07, 2026, under issue no. 32/2026.
Abstract: The present invention discloses an integrated digital payment decision support and consumer payment preference analysis system. The system collects and processes consumer transaction data, payment history, demographic information, financial literacy, and digital payment activities to analyse payment behaviour and preferences. Based on the analysis, the system predicts consumer payment choices, evaluates payment security and convenience, and generates personalized payment recommendations and business insights. A continuous feedback mechanism updates the analytical models to improve prediction accuracy, digital payment adoption, customer satisfaction, and financial inclusion.
Disclaimer: Curated by HT Syndication.
