Payment Request Cancellation Mechanism for Network Traffic Reduction
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Solution Overview
Problem
Existing systems lack an efficient method to cancel or close network requests related to billing and bill payments, leading to unnecessary network traffic and potential errors due to erroneous or outdated payment requests.
Innovation Solution
The system allows biller service providers to submit cancellation or closure requests for payment requests, including a reason code, which the payer institution can then accept or decline, thereby halting or reversing the payment process.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If payment requests are continuously processed without cancellation mechanism, then payment processing continuity is maintained, but network traffic increases and erroneous requests cause errors
Solution Approach 1:
The system allows biller service providers to submit cancellation or closure requests for payment requests before they are processed by the payer institution. This preliminary action enables the cancellation of erroneous or outdated payment requests before they cause harm, thereby reducing unnecessary network traffic while maintaining processing reliability for valid requests.
2Reliability
If cancellation requests are added to the system, then erroneous payment requests can be stopped, but system complexity increases
Solution Approach 1:
The cancellation request mechanism is integrated into the existing payment request framework, allowing the same system infrastructure to handle both payment processing and cancellation operations. The payer institution receives both payment requests and cancellation requests through the same communication channel, and the system updates the payment request status accordingly, thereby preventing errors without significantly increasing system complexity.
3Loss of energy
If payment requests are cancelled before processing, then network traffic is reduced, but processing time for valid requests may increase
Solution Approach 1:
By enabling cancellation requests to be submitted before payment processing occurs, the system can prevent unnecessary processing of erroneous requests, thereby reducing overall network traffic. The cancellation mechanism operates in parallel with normal payment processing, so valid requests continue to be processed efficiently without significant time delay.
Data Source
AI summary
Systems and methods are provided for cancelling or closing requests. One example computer-implemented method includes receiving, by a computing device, from a service provider, a request indicative of a payment action by a third party and issuing a first technical acknowledgment to the service provider including a unique identifier for the payment action. The method also includes forwarding, by the computing device, the request to the third party and receiving, from the third party, a confirmation advise including a status specific to the request. Then, the method includes receiving, by the computing device, an end request including the unique identifier specific to the request and, in response to the end request, changing the status of the request to cancelled or closed and forwarding the end request to the third party.