Chayan Hazra

Title: Innovations in Payment Assurance by Chayan Hazra

Introduction

Chayan Hazra is an accomplished inventor based in Mumbai, India. He has made significant contributions to the field of payment systems, particularly through his innovative patent that enhances payment assurance methods.

Latest Patents

Chayan Hazra holds a patent for "Methods and systems for payments assurance." This patent describes a system where a Proxy Service Manager Server computer receives a consumer authentication request from a merchant device. It then transmits this request to an Authentication Service Manager Server computer. The Proxy Service Manager Server computer receives a non-repudiable accountholder authentication value (AAV) token, generates a payment authorization request that includes the AAV token, and transmits this request to an Acquirer financial institution (FI) Server computer. The system is designed to receive a payment authorization message and transmit it back to the merchant device, enabling the merchant to complete a purchase transaction with the consumer.

Career Highlights

Chayan Hazra is currently employed at Mastercard International Incorporated, where he continues to work on innovative payment solutions. His expertise in payment systems has positioned him as a key player in the industry.

Collaborations

Chayan has collaborated with notable colleagues, including Shoon Ping Wong and Sandeep Malhotra, to further enhance the development of payment assurance technologies.

Conclusion

Chayan Hazra's contributions to payment assurance through his innovative patent reflect his commitment to improving transaction security and efficiency. His work at Mastercard International Incorporated continues to influence the future of payment systems.