System and method for implementing a global payment engine
US10460293B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 20, 2016 |
| Grant date | Oct 29, 2019 |
| Priority date | — |
| Expiry date | May 15, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/405
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The invention relates to a method and system that implements a payment initialization input that receives an electronic payment; the payment initialization input generates a payment context with an execution plan; a payments topology comprising a stage router, coupled to the payment initialization input and further in communication with a transform-to-external component and de-duplication component; and the stage router routes the payment context in accordance with the execution plan to a plurality of stages, the plurality of stages comprising a validation stage, an enrichment stage, a controls stage and a clearing stage where after each stage, the payment context is routed back to the stage router before being routed to a subsequent stage.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.