This inventor holds 1 USPTO granted patent. Top assignee: Mastercard International Incorporated. Active years: 2026.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2026
Title: Mayank Prakash and His Micropayments Transaction System.
Introduction
Mayank Prakash is an inventor based in Singapore. His work includes a patent for a payment system designed to support micropayments during interactive services.
Latest Patents
Prakash is associated with 1 patent, titled “Micropayments Transaction System.” The invention describes a system that stores multiple payment sources selected by a consumer. A transaction processor receives micropayment requests and consults a financial database to approve or deny them before forwarding approved requests to the relevant cash-account or credit-account issuer. The system is intended to reduce approval delays and transaction costs.
Career Highlights
Prakash is associated with Mastercard International Incorporated. His patented work focuses on processing micropayments efficiently for interactive consumer services.
Collaborations
His listed coworkers include Rahul Das Putham Das and Nimit Gulati.
Conclusion
Mayank Prakash’s “Micropayments Transaction System” addresses payment approval latency and transaction costs through stored payment options and database-assisted processing.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile