MUMBAI, India, June 24 -- Intellectual Property India has published a patent application (202411089569 A) filed by Winzo Games Private Limited on November 19, 2024, for A Method And System For Performing One Or More Transactions.
Inventors include Saumya Singh Rathore; and Paavan Nanda.
The application for the patent was published on June 12, 2026, under issue no. 24/2026.
Abstract: The present invention relates to a method (300) and system (100) for performing one or more transactions through multiple payment gateways. The method (300) involves selecting an appropriate payment gateway based on predefined performance metrics, including success rate, failure rate, transaction volume capacity, and processing time. In cases of gateway performance degradation or failure, the system (100) dynamically re-routes transactions to alternative gateways, ensuring uninterrupted service and minimizing the risk of transaction failures. Real-time monitoring of the performance of each gateway is conducted, with automatic notifications provided to the user if any gateway exceeds predefined failure thresholds. The method (300) also includes the extraction of beneficiary data and the identification of suitable payout gateways for performing payout transactions, ensuring secure and efficient fund transfers to beneficiaries. [
Disclaimer: Curated by HT Syndication.
