Systems and methods for distributed electronic payment processing using hierarchical payment graph

US11720865B2 · kind B2 · utility

Assignee

• WePay, Inc. · US

Inventor

• Raymond Ng · Vancouver, CA

Key dates

• Filing date: Jan 12, 2018
• Grant date: Aug 8, 2023
• Expiry date: Jan 19, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q10/067
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A new approach is proposed that contemplates systems and methods to support distributed electronic payment processing based on a hierarchical payment graph. Specifically, a distributed electronic payment system comprising a plurality of distributed payment engines/processors. Upon receiving an electronic payment request from a client device, each distributed payment engine of the distributed electronic payment system is configured to handle one stage of the electronic payment processing lifecycle by traversing states and edges in a portion of the hierarchical payment graph assigned to the distributed payment engine. While processing the electronic payment, the distributed payment engine of each sub-graph of the hierarchical payment graph is configured to communicate with a payment engine of a main payment graph of the hierarchical payment graph, wherein such inter-graph communication is modeled or typed via an extended graph definition language (GDL), which declaratively defines a plurality of types of electronic payment processing.