MUMBAI, India, Aug. 31 -- Intellectual Property India has published a patent application (202621082053 A) filed by Rakshasetu Technologies Private Limited on July 03, 2026, for System And Method For Payment-Linked Delivery Authentication In Digital Cash-On-Delivery Transactions.
Inventor includes Bhuptani, Harshal Satish.
The application for the patent was published on August 28, 2026, under issue no. 35/2026.
Abstract: The present invention relates to a processor-based Digital Cash-on-Delivery transaction processing system (10) and method (200). The system (10) comprises a transaction initiation infrastructure (100), Digital COD Engine (102), Transaction Orchestration Engine (104), Communication Abstraction Engine (106), Credential Interception Engine (112), Delivery Confirmation Credential Management Engine (114), Payment Satisfaction Verification Engine (116), Conditional Delivery Confirmation Credential Release Engine (118), Delivery Verification Engine (124), and Settlement Authorization Engine (126). The Communication Abstraction Engine (106) masks customer communication identifiers using platform-controlled identifiers. The Credential Interception Engine (112) receives courier-generated delivery authentication communication and extracts a delivery confirmation credential. The Delivery Confirmation Credential Management Engine (114) stores the credential in a non-released state. The Conditional Delivery Confirmation Credential Release Engine (118) releases the credential only after payment satisfaction verification, enabling authenticated delivery and settlement authorization. Figure 1 is the reference.
Disclaimer: Curated by HT Syndication.