Company Filing History:
Years Active: 2012-2024
Title: The Innovative Mind of Suman Rausaria
Introduction
Suman Rausaria is an accomplished inventor based in Ballwin, Missouri. With a remarkable portfolio comprising nine patents, he has significantly contributed to the field of real-time payment processing. His latest innovations focus on enhancing transaction efficiency and customer experience.
Latest Patents
Among Suman's noteworthy inventions is a method for refunding real-time payment transactions via payment card network messaging and settlement. This system allows for a streamlined process where the supplemental payment services computer receives a refund request linked to a payment transaction. It effectively determines the involved financial institutions and facilitates the transfer of refund amounts between accounts, ensuring that both the customer and merchant receive timely transactions. This innovative approach not only improves the efficiency of payment processing but also addresses common challenges encountered in the financial services industry.
Career Highlights
Suman currently works at Mastercard International Incorporated, a leading global payment technology company. His role involves developing and implementing cutting-edge solutions that revolutionize the way transactions are executed. His career is marked by a commitment to enhancing customer payment experiences through innovative technologies.
Collaborations
Throughout his career, Suman has collaborated with talented professionals, including his colleagues Jill E Chong and Irina Singh. Their teamwork and shared vision have significantly contributed to the development of innovative payment solutions, pushing the boundaries of what is possible in the financial technology sector.
Conclusion
Suman Rausaria’s contributions to the field of payment processing are indicative of his innovative spirit and deep understanding of financial technology. With nine patents to his name, he continues to be a driving force in transforming the future of real-time payment transactions, paving the way for more efficient and customer-friendly solutions.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.