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A payment channel routing method and system

A payment channel and routing technology, applied in the field of Internet payment, can solve the problems of high failure rate of channel transactions, high payment transaction fees, poor consumer experience, etc., to improve stability, achieve sustainable development and sustainable operation, and reduce channels. cost effect

Active Publication Date: 2020-12-25
中金支付有限公司
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Most of the existing payment channel selection methods are to configure transaction channel routing through preset fixed channels or based on the preset channel weight order, but these methods do not take into account the real-time status of the channel and the cost of the channel, which leads to the failure rate of channel transactions on the one hand. Very high, poor consumer experience; on the other hand, the selected payment channel has high cost, resulting in high payment transaction fees

Method used

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  • A payment channel routing method and system
  • A payment channel routing method and system
  • A payment channel routing method and system

Examples

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Embodiment 1

[0065] figure 1 It is a schematic flowchart of the payment channel routing method in Embodiment 1 of the present invention. see figure 1 , this embodiment provides a payment channel routing method, including:

[0066] Construct the first model based on the basic service parameters that the payment organization has access to the payment channel, and construct the second model based on the quality service parameters; refer to the historical transaction records of the current merchant to establish the service level vector QR corresponding to the current merchant quality service level, and the service level vector QR has the same dimension as any vector in the second model; obtain the user's payment request, filter out the payment channel ID that supports the payment request from the first model, and output the corresponding matching vector from the second model based on the payment channel ID Qs i ;According to the service level vector QR and matching vector Qs i , calculate ...

Embodiment 2

[0112] see figure 1 and figure 2 , this embodiment provides a payment channel routing system, including:

[0113] Modeling unit 1, configured to construct a first model based on the basic service parameters of the payment organization that have accessed the payment channel, and construct a second model based on quality service parameters;

[0114] Service level evaluation unit 2, for setting up the service level vector QR corresponding to the current merchant quality service level with reference to the historical transaction record of current trade company, the service level vector QR is identical with the dimension of any vector in the second model;

[0115] The basic capability screening unit 3 is used to obtain the user's payment request, screen out the payment channel ID that supports the payment request from the first model, and output the corresponding matching vector Qs from the second model based on the payment channel ID i ;

[0116] The optimal channel selection ...

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Abstract

The invention discloses a payment channel routing method and system which can dynamically select a low-price high-quality payment channel to treat a payment transaction based on the payment request ofa user and the service level of a merchant, and reduce the channel usage cost of a payment organization while improving user payment experience. The method includes constructing a first model based on the basic service parameters of payment channels to which the payment organization gets access, and constructing a second model based on the quality service parameters of the payment channels; establishing a service level vector QR corresponding to the quality service level of a current merchant with reference to the historical transaction record of the current merchant, wherein the service level vector QR has the same dimensionality as that of any vector in the second model; acquiring the payment request of the user, selecting a payment channel ID supporting the payment request from the first model, and outputting a corresponding matching vector Qsi from the second model based on the payment channel ID; and according to the service level vector QR and the matching vector Qsi, calculating and matching the optimal payment channel ID. The system includes the method provided by the above scheme.

Description

technical field [0001] The invention relates to the technical field of Internet payment, in particular to a payment channel routing method and system. Background technique [0002] With the continuous development of Internet e-commerce, online payment is one of the key links and development bottlenecks in the e-commerce process, and payment organizations, such as third-party payment, non-gold payment clearing platform, etc., provide a feasible realization for online payment way. As the "intermediate platform" for the funds of buyers and sellers in the transaction process, payment organizations sign contracts with various banks across the country and call various channel interfaces provided by banks to realize online transaction payments. [0003] Usually, payment organizations will access the payment and clearing channels of banks across the country, and different payment channels have different transaction limits, transaction fee rates, supported account types, card types,...

Claims

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): G06Q20/08G06Q20/12
CPCG06Q20/085G06Q20/12
Inventor 徐艳婷史佳乐张鑫
Owner 中金支付有限公司