MUMBAI, India, June 26 -- Intellectual Property India has published a patent application (202641073572 A) filed by Dr. G. V Sharada; Dr. Nida Suleman; and Sahitya Singh on June 13, 2026, for System And Method For Assessing Upi Adoption Challenges And Consumer Spending Behavior.
Inventors include Dr. G. V Sharada; Dr. Nida Suleman; and Sahitya Singh.
The application for the patent was published on June 19, 2026, under issue no. 25/2026.
Abstract: ABSTRACT SYSTEM AND METHOD FOR ASSESSING UPI ADOPTION CHALLENGES AND CONSUMER SPENDING BEHAVIOR The present invention relates to a system and method for assessing determinants and challenges associated with Unified Payments Interface (UPI) adoption and their influence on consumer spending behavior. The invention collects consumer data relating to operational issues, security concerns, spending habits, demographic characteristics, and behavioral indicators. A processing framework evaluates transaction failures, slow performance, refund delays, wrong payments, cybersecurity risks, and user trust through analytical and statistical modules. The system further analyzes spending behavior patterns, financial control practices, and demographic influences to generate behavioral insights and adoption indicators. The invention provides challenge severity scores, trust indices, spending tendency assessments, and decision-support recommendations for policymakers, financial institutions, and fintech service providers. The system improves understanding of digital payment adoption behavior and facilitates strategies for enhancing consumer confidence, transaction security, and sustainable digital payment ecosystem development. Dated this 12th day of June, 2026 Radhika Vangala (IN/PA 4737) Agent for Applicant(s)
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