Karan Sharma

Title: The Innovative Contributions of Karan Sharma in Payment Systems

Introduction

Karan Sharma, an inventive mind based in Rye Brook, NY, has made significant strides in the field of payment processing and enterprise resource planning. With a portfolio of three patents, Karan's work is especially focused on enhancing efficiency and flexibility in financial transactions across different enterprise ecosystems.

Latest Patents

Karan's most recent patents showcase his expertise in developing innovative methods for facilitating payments. One such patent is titled "Method and System of Enterprise Resource Planning." This invention provides a mechanism for processing payment requests, translating data formats, and facilitating confirmations across multiple computing systems. The step-by-step process includes receiving payment requests, translating data, and ensuring confirmation messages are relayed efficiently.

Another notable patent is "Method and System for Facilitating Invoice Data, Payment Credit Transfers, Real-Time Package Tracking, and Account-to-Account Payment on Delivery." This invention allows for real-time invoice updates, account payments during delivery, and streamlined communication between distributors and financial institutions. By generating reconciliation data based on invoice modifications and payment confirmations, Karan's system aims to create a smoother transaction experience for both recipients and distributors.

Career Highlights

Karan Sharma works at Mastercard International Incorporated, contributing to the company’s innovations in financial technology. His role within the organization emphasizes the importance of developing robust payment solutions that are both secure and user-friendly. Through continuous innovation, Karan plays a pivotal role in the future of enterprise resource planning and payment systems.

Collaborations

Karan collaborates with notable individuals in the industry, including coworkers Ashfaq Kamal and Viviane Sabat. Their combined expertise fosters an environment ripe for creativity and enhances the development of innovative solutions. Each collaboration contributes uniquely to the advancement of payment technologies, benefitting from the complementary skills and insights of its members.

Conclusion

Karan Sharma stands out as a prominent inventor in the realm of payment processing and enterprise solutions. His patents reflect a deep understanding of technological needs in today’s fast-paced financial world. As Karan continues to innovate, his contributions are set to influence the way businesses and consumers engage in transactions, ultimately paving the way for a more effective and interconnected payment landscape.