Adaptive Payment Routing with Preauthorized Encrypted QR Packets
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Solution Overview
Problem
Existing payment systems lack the ability to securely reroute charges from one payment instrument to another in real-time, especially in scenarios where the first party is not physically present or needs assistance, while maintaining security and control over transaction limits.
Innovation Solution
A mobile device application generates a preauthorized routing packet encoding payment instrument information, which is deployed to a processing network to determine if transaction routing is active, allowing charges to be routed to a first party payment instrument when conditions are met, using a QR code encrypted with a private key for security.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If a first party shares their payment instrument details with a second party to enable transaction routing, then the second party can initiate charges on the first party's account, but the security of the first party's payment information is compromised
Solution Approach 1:
The patent introduces a processing network as an intermediary that hosts a virtual payment instrument. The virtual instrument acts as a mediator between the first and second parties, allowing the second party to initiate transactions without ever seeing the first party's actual payment details. The virtual instrument contains encoded routing information that directs charges to the first party's account through secure network protocols.
2Adaptability or versatility
If real-time transaction routing is implemented between payment instruments, then flexibility and control are improved, but system complexity increases
Solution Approach 1:
The patent implements preliminary action by pre-authorizing routing packets that contain encoded payment instrument information and routing parameters. These packets are deployed to the processing network in advance, establishing pre-configured routing rules. When transactions occur, the pre-configured packets enable automatic routing decisions without requiring complex real-time computations or additional authorization steps.
3Ease of operation
If transaction routing is enabled without preauthorization, then operational flexibility is improved, but security and control over transaction limits are compromised
Solution Approach 1:
The patent implements feedback mechanisms through preauthorized routing packets that contain encoded transaction parameters, limits, and conditions. The processing network continuously monitors transactions against these pre-established parameters and provides feedback by either approving or rejecting charges based on whether they meet the predetermined criteria. This creates a closed-loop control system that maintains security while enabling operational flexibility.
Data Source
AI summary
Systems, methods, and apparatus are provided for adaptive network routing protocols. A mobile device application may receive a request to pair a first payment instrument with a second payment instrument. The application may generate a preauthorized routing packet encoding information associated with the first payment instrument. The routing packet may be QR code encrypted using a private key associated with the network and functioning as a digital wallet. The routing packet may be deployed to a processing network associated with the second payment instrument. The processing network may receive transaction information from a point of sale, including a charge initiated using the second payment instrument. The processing network may access the routing packet and determine whether transaction routing is active. When transaction routing is active, the charge may be routed to the first payment instrument. When transaction routing is not active, the second payment instrument may be charged.