SYSTEM AND METHOD FOR COMPLETING A TRANSACTION INITIATED AT A PAYMENT TERMINAL

• US 20190325438A1
• Filed: 03/11/2019
• Published: 10/24/2019
• Est. Priority Date: 04/20/2018
• Status: Active Application

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Wadhwa, Ravinder, Sharma, Piyush, Jain, Navneet
• Application Number:
  US16/298,130
• Publication Number:
  US 20190325438A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation

Abstract

A system and method for completing a transaction initiated at a payment terminal are provided. The method comprises receiving, from the payment terminal, transaction data relating to the transaction, the transaction data including account details identifying an account and an issuer managing the account; determining if the issuer corresponds to the same entity in response to the receipt of the transaction data; and forwarding, to a payment network server, an approval message that is received from an issuer server corresponding to the issuer when it is determined that the issuer corresponds to the same entity, the approval message approving the transaction.

Claims

1. A system, comprising an acquirer server and a payment terminal, for completing a transaction initiated at the payment terminal, the acquirer server and the payment terminal being managed by a same entity, the acquirer server comprising:

at least one processor; and

at least one memory including computer program code;

the at least one memory and the computer program code configured to, with the at least one processor, cause the acquirer server at least to;

receive, from the payment terminal, transaction data relating to the transaction, the transaction data including account details identifying an account and an issuer managing the account;

determine if the issuer corresponds to the same entity in response to the receipt of the transaction data; and

forward, to a payment network server, an approval message that is received from an issuer server corresponding to the issuer when it is determined that the issuer corresponds to the same entity, the approval message approving the transaction.

2. The system according to claim 1, wherein the approval message is forwarded to the payment network server via a switch that is located between the acquirer server and the issuer server, wherein the acquirer server forwards the approval message to the payment network server via the switch, and wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the acquirer server at least to:

generate an identification message when it is determined that the issuer corresponds to the same entity managing the acquirer server and the payment terminal, the identification message identifying the transaction;

include, in the transaction data, an acquirer identifier identifying the acquirer; and

transmit, to the switch, the identification message to cause the switch to include an indicator to the approval message after receiving the approval message from the issuer server, the indicator indicating that the approval message relates a transaction to the issuer being the same entity managing the acquirer server and the payment terminal.

3. The system according to claim 2, wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the acquirer server at least to:

receive, from the switch, an acknowledgement message indicating a successful transmission of the approval message to the payment network server;

generate a transaction completion message in response to the acknowledgement message to indicate the successful completion of the transaction, the transmission completion message being generated in response to a successful transfer of funds to an acquirer account included in the transaction data; and

transmit, to the payment terminal, the transaction completion message.

4. The system according to claim 2, wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the acquirer server at least to:

control the switch to include the indicator to the approval message.

5. The system according to claim 3, wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the acquirer server at least to:

control the switch to transmit the acknowledgement message.

10. The device according to claim 5, wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the device to:

generate and transmit a list request message to the payment network server for transmitting the list;

receive, from the payment network server, a list acknowledgement message indicating a successful transmission of the list.

6. A device for completing a transaction initiated at the payment terminal, the device comprising:

at least one processor; and

at least one memory including computer program code;

the at least one memory and the computer program code is further configured with the at least one processor, cause the device at least to;

receive, from an issuer server, an approval message corresponding to an issuer;

include an indicator in the approval message, the indicator indicating that the approval message relates to a transaction to the issuer being the same entity managing an acquirer server and a payment terminal; and

add the approval message corresponding to the issuer to a list, the list listing the approval message corresponding to the issuer who has generated the approval message.

7. The device according to claim 6, wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the device at least to:

generate a plurality of data packets; and

generate and transmit a request message to a payment network server for transmitting the approval message during a trickle feed session, the trickle feed session being a time period during which the device provides the plurality of data packets to the payment network server.

8. The device according to claim 6, wherein the at least one memory and the computer program code is further configured with the at least one processor, cause the device at least to:

receive, from the payment network server, an acknowledgement message indicating a successful transmission of the approval message; and

forward, to an acquirer server, the acknowledgement message, the acquirer server corresponding to an acquirer.

9. The device according to claim 6, wherein the approval message comprises an issuer identifier identifying the issuer, the at least one memory and the computer program code is further configured with the at least one processor, cause the device at least to:

receive, from the acquirer server, a plurality of identification messages, each of the plurality of identification message comprising a corresponding acquirer identifier identifying the acquirer;

verify data in the list and data in the plurality of identification messages based on the acquirer identifier and the issuer identifier, such that the data in the list corresponds to the data in the plurality of identification messages;

transmit, to the payment network server, the list via the trickle feed session at a predetermined period of time after a successful verification of the data in the list and the data in the plurality of identification messages.

11. A computer-implemented method for completing a transaction initiated at a payment terminal, the acquirer server and the payment terminal being managed by a same entity, the method comprising:

receiving, from the payment terminal, transaction data relating to the transaction, the transaction data including account details identifying an account and an issuer managing the account;

determining if the issuer corresponds to the same entity in response to the receipt of the transaction data; and

forwarding, to a payment network server, an approval message that is received from an issuer server corresponding to the issuer when it is determined that the issuer corresponds to the same entity, the approval message approving the transaction.

12. The method according to claim 11, further comprising:

generating an identification message when it is determined that the issuer corresponds to the same entity managing the acquirer server and the payment terminal, the identification message identifying the transaction;

including, in the transaction data, an acquirer identifier identifying the acquirer; and

transmitting, to the switch, the identification message to cause the switch to include an indicator to the approval message after receiving the approval message from the issuer server, the indicator indicating that the approval message relates a transaction to the issuer being the same entity managing the acquirer server and the payment terminal.

13. The method according to claim 12, the method further comprising:

receiving, from the switch, an acknowledgement message indicating a successful transmission of the approval message to the payment network server;

generating a transaction completion message in response to the acknowledgement message to indicate the successful completion of the transaction, the transmission completion message being generated in response to a successful transfer of funds to an acquirer account included in the transaction data; and

transmitting, to the payment terminal, the transaction completion message.

14. The method according to claim 12, the method further comprising:

controlling the switch to include the indicator to the approval message.

15. The method according to claim 13, the method further comprising:

controlling the switch to transmit the acknowledgement message.

16. The method according to claim 12, the method further comprising:

receiving, from the issuer server, the approval message corresponding to the issuer;

including the indicator in the approval message, the indicator indicating that the approval message relates a transaction to the issuer being the same entity managing the acquirer server and the payment terminal; and

adding, to a list, the approval message corresponding to the issuer, the list listing the approval message corresponding to the issuer who has generated the approval message.

17. The method according to claim 16, the method further comprising:

generating a plurality of data packets; and

generating and transmitting a request message to the payment network server for transmitting the approval message during a trickle feed session, the trickle feed session being a time period during which a device provides the plurality of data packets to the payment network server.

18. The method according to claim 16, the method further comprising:

receiving, from the payment network server, an acknowledgement message indicating a successful transmission of the approval message; and

forwarding, to the acquirer server, the acknowledgement message.

19. The method according to claim 17, the method further comprising:

receiving a plurality of identification messages from the acquirer server, each of the plurality of identification message comprising a corresponding acquirer identifier identifying the acquirer;

verifying data in the list and data in the plurality of identification messages based on the acquirer identifier and the issuer identifier, such that the data in the list corresponds to the data in the plurality of identification messages;

transmitting, to the payment network server, the list via the trickle feed session at a predetermined period of time after a successful verification of the data in the list and the data in the plurality of identification messages.

20. The method according to claim 16, the method further comprising:

generating and transmitting a list request message to the payment network server for transmitting the list;

receiving, from the payment network server, a list acknowledgement message indicating a successful transmission of the list.