Sanjay Dattatreya Sankolli

Title: Innovations by Sanjay Dattatreya Sankolli: Pioneering Mobile Payment Solutions

Introduction

Sanjay Dattatreya Sankolli is a notable inventor based in Foster City, CA, whose work has significantly impacted the landscape of mobile payment technologies. With a total of two patents to his name, Sankolli's innovations are at the forefront of ensuring secure and efficient payment processes through digital communication networks.

Latest Patents

Sankolli's latest patents demonstrate his commitment to advancing the mobile payment industry. One of his key innovations is the "Peer-to-peer mobile device payment network." This system outlines a computer-implemented method for communicating payment data wherein a server receives transaction information from a first computing device over a peer-to-peer network, without direct interaction with the server. The server processes the payment data and transmits a response message back to a second peer computing device, facilitating seamless peer-to-peer transactions.

The second patent is focused on the "Alternate mobile payment service." This invention presents a unique system through which a server enrolls and stores user account information while generating a one-time-use identifier for transactions. This identifier is offered to users in the form of an electronic coupon, represented by a two-dimensional barcode. When scanned at a merchant location, this system allows for transaction completion akin to traditional credit or debit card payments, thus enhancing user experience and security.

Career Highlights

Sanjay Dattatreya Sankolli is currently engaged with Visa International Service Association, a renowned financial services company specializing in electronic payments. His role at Visa not only allows him to drive innovation in mobile payment systems but also positions him as a key player in the evolution of financial technology.

Collaborations

Throughout his career, Sankolli has collaborated with talented individuals including Surendra Keshan and Igor V Karpenko. These partnerships have enabled him to leverage diverse expertise, fostering creativity and driving innovation within the realm of mobile payments.

Conclusion

Sanjay Dattatreya Sankolli’s contributions to mobile payment technology represent a significant advance in how individuals conduct transactions in a digital world. His patents highlight innovative methodologies that enhance security and efficiency in payment processing, solidifying his status as a leading inventor in the field. As the landscape of mobile payments continues to evolve, Sankolli’s work remains pivotal in shaping its future.