Location History:
- Maharashtra, IN (2021)
- Pune Maharashtra, IN (2022)
- Pune, IN (2021 - 2023)
Company Filing History:
Years Active: 2021-2023
Title: Innovations by Ganesh Shinde
Introduction
Ganesh Shinde is a notable inventor based in Pune, India. He has made significant contributions to the field of transaction processing technology. With a total of five patents to his name, Shinde is recognized for his innovative solutions that enhance payment systems.
Latest Patents
One of his latest patents is an electronic system and method for transaction processing. This system includes a server that receives transaction details from an acquirer financial institution for a merchant. It utilizes a common virtual payment token to streamline the transaction process. The system retrieves identification details of consumer payment instruments from a database and selects the appropriate payment instrument based on merchant details. The transaction is then processed by communicating with the issuer financial institution.
Another significant patent by Shinde is a system and method for processing a card-not-present payment transaction. This invention allows a purchaser to use a friend's card to obtain rewards. The server processes the payment request by sending a selection request to friends and receiving their responses. It dynamically tracks the cumulative amount and generates a virtual card number for one-time use, facilitating the transaction.
Career Highlights
Ganesh Shinde is currently employed at Mastercard International Incorporated. His work focuses on developing advanced payment processing technologies that improve user experience and security. His innovative contributions have positioned him as a key player in the financial technology sector.
Collaborations
Shinde collaborates with talented professionals in his field, including Arunmurthy Gurunathan and Ravi Pareek. These collaborations enhance the development of cutting-edge solutions in transaction processing.
Conclusion
Ganesh Shinde's work exemplifies the spirit of innovation in the financial technology industry. His patents reflect a commitment to improving transaction processes and enhancing user experiences. Through his contributions, he continues to shape the future of payment systems.