Translation Service for Payment Network Migration
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Solution Overview
Problem
Issuer banks face significant financial investments and long timelines when switching from one payment processing network to another, requiring substantial infrastructure changes and multiple infrastructure setups to support different payment network transactions.
Innovation Solution
A computer-implemented method and system that uses a translation service computing device to translate account data from one payment processing network to another, allowing issuer banks to convert their account portfolios without significant infrastructure changes, by storing first account data with a translation identifier and translating second account data to first account data during transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If issuer banks convert account portfolios from one processing network to another, then the ability to use a new payment processing network is achieved, but significant financial investment and infrastructure changes are required
Solution Approach 1:
The patent introduces a translation service as an intermediary component that sits between the payment processing network and the issuer bank's backend system. This translation service handles the conversion and communication protocols, allowing the issuer bank to switch networks without modifying its core infrastructure. The translation service mediates all interactions, absorbing the complexity of network translation while the issuer bank maintains its existing account portfolio and system architecture.
2Adaptability or versatility
If issuer banks set up multiple infrastructure systems to support different payment networks, then network flexibility is improved, but device complexity and cost increase
Solution Approach 1:
The translation service is designed as a universal interface that can handle multiple payment processing networks through a single infrastructure. Rather than requiring the issuer bank to set up separate infrastructure for each network, the translation service provides multi-functional capabilities to translate between different network protocols and formats, allowing one system to serve multiple network connections.
3Ease of operation
If issuer banks invest in backend computer infrastructure to communicate with a processing network, then communication capability is achieved, but time and money are consumed
Solution Approach 1:
The translation service performs preliminary actions by pre-configuring translation rules, protocols, and mappings between different payment networks. This preparation work is done in advance, so when the issuer bank needs to switch networks or establish communication, the translation infrastructure is already in place and configured, eliminating the need for time-consuming infrastructure setup and allowing rapid deployment.
Data Source
AI summary
Methods and systems for translating account data from a converted account portfolio during a transaction initiated by a cardholder using a payment card are provided. The method may be implemented using a translation service computing device. The method includes storing first account data in a memory along with a corresponding translation identifier, the first account data associated with a first payment processing network (PPN), and receiving, at the TS computing device, an authorization request message. The authorization request message includes transaction data associated with the transaction and second account data, including the translation identifier, associated with the payment card and a second PPN. The method includes translating the second account data to the first account data by performing a lookup using the translation identifier, generating a translated authorization request message including the transaction data and the first account data, and transmitting the translated authorization request message to an issuer bank.