Company Filing History:
Years Active: 2018-2024
Title: Innovations by Abhijeet Arvind Ranadive
Introduction
Abhijeet Arvind Ranadive is a notable inventor based in San Jose, California. He has made significant contributions to the field of digital payments, holding a total of six patents. His work primarily focuses on enhancing the functionality and security of consumer digital wallets.
Latest Patents
One of his latest patents involves using a consumer digital wallet as a payment method in a merchant digital wallet. This system is designed to perform operations that include receiving a purchase request to utilize a consumer digital wallet account for payment. The consumer digital wallet account is integrated as a payment method within a merchant digital wallet account provided to the user. The system generates a single-use payment token based on a non-transactable token. Furthermore, it transmits a card transaction message to an existing card payment network, which includes the single-use payment token. This token facilitates the routing of the card transaction message back to the system, ultimately allowing payment to be remitted from the user to the merchant using the payment method included in the consumer digital wallet account.
Career Highlights
Abhijeet currently works at PayPal, Inc., where he continues to innovate in the digital payment space. His expertise in this area has led to the development of advanced payment systems that enhance user experience and security.
Collaborations
He collaborates with talented individuals such as Michael Mettler and Thomas Whipple, contributing to a dynamic work environment that fosters innovation.
Conclusion
Abhijeet Arvind Ranadive's contributions to digital wallet technology exemplify the importance of innovation in the financial sector. His patents reflect a commitment to improving payment systems for consumers and merchants alike.