Connectivity Check Message for Reliable Payment Transactions
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Solution Overview
Problem
Payment transactions often fail due to network connectivity issues, leading to unnecessary deductions and delays in refunds, as existing systems do not effectively check end-to-end connectivity before processing transactions.
Innovation Solution
A method and system that involve generating a connectivity check message with status flags for payment entities in a predefined sequence, ensuring successful communication before proceeding with a payment transaction, thereby determining successful connectivity information for reliable transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Speed
If payment transactions are performed without checking network connectivity first, then transaction processing speed is improved, but transaction reliability deteriorates leading to failures and locked credits
Solution Approach 1:
The system performs a connectivity check message transmission before the actual payment transaction to verify network connectivity and availability of payment entities. This preliminary action includes sending test messages through the payment network and verifying responses from all involved entities (acquirer, issuer, payment gateway) before committing to the real transaction, thus ensuring reliability without significantly impacting processing speed
Solution Approach 2:
The invention introduces an intermediary connectivity verification mechanism that acts as a mediator between the transaction initiation and actual payment processing. This intermediary layer validates network connectivity and entity availability through test messages, ensuring that the main transaction pathway is clear and reliable before proceeding with the actual payment
2Reliability
If connectivity checking is performed before payment transactions, then transaction reliability is improved, but system complexity increases
Solution Approach 1:
The connectivity check message serves multiple functions simultaneously: it verifies network connectivity, checks entity availability, validates communication pathways, and prepares the payment network for the actual transaction. This multi-functionality reduces the need for separate verification systems, thereby limiting the increase in system complexity while maintaining improved reliability
3Reliability
If connectivity checking is performed before payment transactions, then transaction failure rate is reduced, but processing time increases
Solution Approach 1:
The connectivity check message is designed to be a streamlined, simplified version of the actual payment transaction message. It skips unnecessary validation steps and focuses only on verifying connectivity and entity availability, allowing the check to be performed rapidly with minimal impact on overall processing time while still significantly reducing failure rates
Data Source
AI summary
Embodiments provide method and systems for determining connectivity information of payment network for a reliable payment transaction. The method includes receiving a connectivity information request before performing a payment transaction via payment network. The method includes generating a connectivity check message including a plurality of connectivity status flags associated with payment entities in payment network. The method includes sending the connectivity check message to the payment entities in a predefined sequence of a payment transaction flow in the payment network. The method further includes facilitating setting up the plurality of connectivity status flags based on a successful communication of the connectivity check message between the payment entities in the predefined sequence. The method includes determining if each of the plurality of connectivity status flags is set with the success state. Upon determining the success state, the method further includes generating a successful connectivity information for performing the payment transaction.