MUMBAI, India, Oct. 26 -- Intellectual Property India has published a patent application (202611112692 A) filed by Iimt College Of Management on September 20, 2026, for A Hybrid Intelligent Contactless Payment System Integrating Nfc And Adaptive Qr Code Technology.
Inventors include Dr. Akash Srivastava; and Ms. Priyanka.
The application for the patent was published on October 23, 2026, under issue no. 43/2026.
Abstract: The present invention relates to a hybrid intelligent contactless payment system integrating Near Field Communication (NFC) and adaptive Quick Response (QR) code technologies. The system comprises a user device, merchant interface, payment processing server, authentication module, secure encryption layer and AI-based risk analysis engine. The system automatically determines an appropriate payment mode according to device capability, communication availability and transaction conditions. When NFC is available and operational, an NFC-based payment transaction is initiated, whereas when NFC is unavailable or unsuitable, a dynamic QR code is generated for initiating the payment transaction. The system further provides biometric authentication, secure transaction-token generation and encrypted transaction processing. An AI-based risk analysis engine analyzes transaction information and transaction patterns to identify anomalous or potentially fraudulent activity. The system additionally supports offline transaction processing by securely retaining transaction information when network connectivity is unavailable and synchronizing the transaction information with a payment processing server when connectivity is restored. The invention provides an integrated contactless payment architecture capable of adapting between NFC and QR-code payment modes while incorporating multiple security and transaction-processing mechanisms.
Disclaimer: Curated by HT Syndication.
