Systems and Methods for Allocating a Payment Authorization Request to a Payment Processor
First Claim
1. A computer-implemented method to facilitate a transaction at a point of sale (POS) device, comprising the steps of:
- receiving an account identifier;
acquiring an allocation rule associated with said account identifier;
querying a payment system directory to locate a candidate payment system in accordance with said allocation rule for processing at least a first portion of said transaction, wherein said candidate payment system receives payment information related to said transaction at said POS device;
transmitting a payment authorization request related to said transaction from said POS device to said candidate payment system; and
,receiving payment authorization from said candidate payment system.
5 Assignments
0 Petitions
Accused Products
Abstract
A point of sale (POS) device may be configured to locate a payment system and transmit a payment authorization request from a remote location to a payment system, either directly, or via a payment system directory and/or a SSL Gateway. The invention also includes inserting third party account information into an encrypted portion of the payment request, so the payment request appears as a normal request to the issuing bank, but the third party account information may be used by the third party to bill the customer. The payment system directory is further configured to determine one or more payment processors to direct a payment authorization request, such that a single transaction may me allocated among multiple payment processors for authorization. Moreover, the payment system directory is able to format alternative payment methods into a format that is able to be processed over existing payment networks.
206 Citations
20 Claims
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1. A computer-implemented method to facilitate a transaction at a point of sale (POS) device, comprising the steps of:
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receiving an account identifier; acquiring an allocation rule associated with said account identifier; querying a payment system directory to locate a candidate payment system in accordance with said allocation rule for processing at least a first portion of said transaction, wherein said candidate payment system receives payment information related to said transaction at said POS device; transmitting a payment authorization request related to said transaction from said POS device to said candidate payment system; and
,receiving payment authorization from said candidate payment system. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A machine-readable medium having stored thereon a plurality of instructions, said plurality of instructions comprising:
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instructions to receive an account identifier; instructions to acquire an allocation rule associated with said account identifier; instructions to query a payment system directory to locate a candidate payment system in accordance with said allocation rule for processing at least a first portion of said transaction, wherein said candidate payment system receives payment information related to said transaction at said POS device; instructions to transmit a payment authorization request related to said transaction from said POS device to said candidate payment system; and
,instructions to receive payment authorization from said candidate payment system.
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Specification