US 11,741,460 B2
Systems and methods for optimized routing of electronic transactions across multiple acquirer processors
Dennis Kettler, Mason, OH (US); and Ryan Clapp, Loveland, OH (US)
Assigned to Worldpay, LLC, Symmes Township, OH (US)
Filed by Worldpay, LLC, Symmes Township, OH (US)
Filed on Feb. 14, 2022, as Appl. No. 17/650,916.
Application 17/650,916 is a continuation of application No. 15/839,239, filed on Dec. 12, 2017, granted, now 11,282,075.
Prior Publication US 2022/0164792 A1, May 26, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/38 (2012.01); G06Q 20/08 (2012.01); G06Q 20/06 (2012.01); G06Q 20/40 (2012.01); G06Q 20/26 (2012.01)
CPC G06Q 20/3825 (2013.01) [G06Q 20/06 (2013.01); G06Q 20/085 (2013.01); G06Q 20/26 (2013.01); G06Q 20/40 (2013.01)] 20 Claims
OG exemplary drawing
 
9. A system for routing electronic payment transactions to payment networks using electronic transaction simulation, the system comprising:
a data storage device storing instructions for routing electronic payment transactions to payment networks using electronic transaction simulation in an electronic storage medium; and
a processor configured to execute the instructions to perform a method including:
predicting a likelihood of authorization acceptance of a transaction for each network-processor combination among a plurality of eligible network-processor combinations of an eligible payment network for the transaction and an eligible acquirer processor for the transaction based on a dataset of processing results;
for each network-processor combination among the plurality of eligible network-processor combinations, dynamically determining a breakeven transaction amount with respect to each other network-processor combination among the plurality of eligible network-processor combinations, the breakeven transaction amount being defined as a hypothetical transaction amount at which the network-processor combination and the other network-processor combination have equal expenses for the hypothetical transaction amount, the expenses including and costs associated with a failure to obtain authorization acceptance;
determining a least cost network-processor combination among the plurality of eligible network-processor combinations based on identification of a breakeven transaction amount for the network-processor combination;
updating a transaction routing table according to the determined least cost network-processor combination;
routing transactions from a merchant to network-processor combinations according to the updated transaction routing table;
updating the dataset of processing results based on processing results of the transactions;
determining, based on the updated dataset of processing results and the determined least cost combination of acquirer processor and PIN-less debit network, a number of transactions routed to each network-processor combination for which a different network-processor combination had a lower cost; and
providing a user interface including user interface elements for each pair of a first network-processor combination and a second network-processor combination, wherein a size of each user interface element indicates a volume of transactions routed to the first network-processor combination for which the second network-processor combination had a lower cost.