4 results about "Alternative payments" patented technology

The invention provides a payment routing method based on deep learning and related equipment, and is suitable for the field of financial science and technology. Comprising the following steps: obtaining a target payment request and channel characteristics of a plurality of alternative payment channels; predicting a payment success probability and a risk control triggering probability of each alternative payment channel based on the transaction characteristics and the channel characteristics of the target payment request through a pre-trained payment prediction model; determining a plurality of candidate routing schemes through a preset multi-objective optimization algorithm by taking the payment success probability, the risk control triggering probability and the preset service charge rate of each alternative payment channel as optimization objectives; determining a target routing scheme from the plurality of candidate routing schemes according to a preset service strategy; and processing the target payment request based on the target routing scheme. According to the method and the device, the personalized routing decision can be dynamically generated for the payment request based on the real-time state of the payment channel and the characteristics of the user and the merchant, so that the success rate of payment transaction and the routing selection efficiency are improved.

The invention provides a money processing device that makes it easy for customers to recognize when an alternative payment is made in the event of a shortage of banknotes to be used as change. [Solution] The money processing device 100 comprises storage compartments 16, 27 for storing coins and banknotes, dispensing ports 17, 29 from which the coins and banknotes stored in the storage compartments are dispensed, and a control unit 11. The control unit 11 performs, at different timings, an alternative currency dispensing operation in which, when there is a shortage of banknotes or banknotes of a higher denomination as change, the amount of banknotes or banknotes of a higher denomination is replaced with multiple coins or banknotes of a lower denomination and dispensed from each dispensing port 17, 29, and a normal change currency dispensing operation in which an amount less than the face value of the banknotes or banknotes of a higher denomination is dispensed as change in regular coins or banknotes of a lower denomination from each dispensing port 17, 29.

Computer-implemented methods and systems are disclosed for processing payment from a customer making a purchase in an online store. Embedded in the online store is an attachable element operable to provide a customer-side graphical user interface. The attachable element is enabled by a merchant application and receives contact information of the customer. Based on contact information from the customer, the customer may be identified as a new customer, and if so, a new user account is automatically created. Otherwise, if the customer is identified and verified as an existing customer, information from the customer's account is retrieved. A payment request from the customer is processed according to one or more rules configured through the merchant application. For example, the system may attempt to process the payment request through an instant payment rail, failing which the system attempts to complete the transaction through an alternative payment processor.

A system and method implemented in an e-commerce system to facilitate transactions between a customer and a vendor is disclosed. The method includes generating the requested at least one QR code and token, wherein the at least one QR code and token includes at least an email field, transmitting the at least one QR code and token, receiving a response email, wherein the response email includes the token, decoding, the token, performing a validation, and processing the transaction, on a condition that the validation(s) are approved.