The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 11, 2014
Filed:
Aug. 30, 2012
Ross Sakata, Foster City, CA (US);
Gourab Basu, Half Moon Bay, CA (US);
Michael Mori, San Mateo, CA (US);
Steve Cracknell, San Mateo, CA (US);
Judson Reed, San Ramon, CA (US);
Ross Sakata, Foster City, CA (US);
Gourab Basu, Half Moon Bay, CA (US);
Michael Mori, San Mateo, CA (US);
Steve Cracknell, San Mateo, CA (US);
Judson Reed, San Ramon, CA (US);
Visa International Service Association, San Francisco, CA (US);
Abstract
Systems and methods are disclosed for routing a transaction based on an assessment of costs associated with multiple payment processing networks. A transaction broker server determines how to route a received authorization request message for a transaction based on a first cost associated with processing the transaction via a first payment processing network and a second cost associated with processing the transaction via a second payment processing network. If the first cost is less than or equal to the second cost, the authorization request message is routed to the first payment processing network. If the first cost exceeds the second cost, at least one rule is applied to determine whether the first cost is to be reduced. If the at least one rule is satisfied, the first cost is reduced and the authorization request message is routed to the first payment processing network.