Payment Routing API for Dynamic Transfer Date Selection

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Solution Overview

Problem

Existing electronic transaction systems face inefficiencies due to fragmented processing systems, security risks, and user experience issues, leading to increased costs and time when executing transactions across multiple networks.

Innovation Solution

A unified platform with a single application programming interface (API) that facilitates real-time electronic transactions by identifying optimal transaction networks and execution dates, utilizing intelligent payment routing and orchestration, and ensuring global security and privacy compliance.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If multiple fragmented processing systems are used across different payment networks, then transaction coverage and network compatibility are improved, but system complexity and security risks increase

Engineering Contradiction:

Improvetransaction network compatibilityVSAvoidprocessing system complexity

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent consolidates multiple fragmented processing systems into a single unified transaction processing platform that can handle multiple payment networks (ACH, wire transfers, card networks) through one integrated system, reducing complexity while maintaining broad network compatibility

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The unified platform is designed to perform multiple transaction types (domestic ACH, international ACH, wire transfers, card payments) through a single multi-functional system, eliminating the need for separate processing systems for each network or transaction type

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Device complexity

If traditional batch processing systems are used, then system simplicity is maintained, but transaction processing time and user experience deteriorate

Engineering Contradiction:

Improveprocessing system simplicityVSAvoidtransaction processing time

Core Design Contradiction:

Device complexityVSLoss of time

Solution Approach 1:

The system dynamically selects between real-time processing and batch processing modes based on transaction requirements, allowing it to provide immediate processing when needed while maintaining operational simplicity through automated decision-making logic

Inventive Principle:

Principle #15Dynamics

Solution Approach 2:

The system performs preliminary validation and routing decisions before transaction submission, pre-processing transactions to enable faster execution and reducing overall processing time without adding complex post-processing steps

Inventive Principle:

Principle #10Preliminary action

3Device complexity

If manual transaction routing decisions are used, then system simplicity is maintained, but transaction costs and processing efficiency increase

Engineering Contradiction:

Improverouting system simplicityVSAvoidtransaction processing efficiency

Core Design Contradiction:

Device complexityVSProductivity

Solution Approach 1:

The system automatically performs transaction routing and network selection based on predefined criteria and real-time conditions, eliminating the need for manual intervention while optimizing transaction paths for cost and speed efficiency

Inventive Principle:

Principle #25Self-service

4Reliability

If multiple transaction networks are certified and monitored, then transaction reliability is improved, but system complexity and monitoring overhead increase

Engineering Contradiction:

Improvetransaction processing reliabilityVSAvoidnetwork monitoring complexity

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The system continuously monitors transaction outcomes and network performance across multiple payment networks, using feedback from actual transaction results to dynamically adjust routing decisions and maintain high reliability while automating the monitoring process to prevent complexity accumulation

Inventive Principle:

Principle #23Feedback

Data Source

PatentUS12632839B2Systems and methods for executing real-time electronic transactions by a dynamically determined transfer execution date

Publication Date: 2026.05.19 WORLDPAY LLC

AI summary

Systems and methods for executing real-time electronic transactions by a dynamically determined transfer execution date are disclosed. One method includes receiving, at an application programing interface (API) system, an electronic transaction request on a receipt date. The API system may identify a value associated with the electronic transaction request as well as a threshold settlement date. The value may then be compared to a predetermined threshold and at least one transaction network certified to process the electronic transaction request may be ascertained. The API system may project a processing time for each of the ascertained transaction networks. An optimal transaction network and transfer execution date may be determined based on comparison of the projected processing times to a timeline designated by the receipt date and the threshold settlement date. The electronic transaction request may be processed into a recipient account on the transfer execution date via the optimal transaction network.