Systems and methods for routing debit transactions
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Dec 26, 2017
Issued Date -
N/A
app pub date -
Aug 31, 2012
filing date -
Aug 31, 2011
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Systems and methods for routing debit transactions. In one embodiment, a method for routing debit transactions can be provided. The method can include obtaining, by a routing determination system comprising one or more computers, information associated with a proposed debit transaction. The method can also include identifying, by the routing determination system based at least in part upon the obtained information, one or more merchant parameters associated with a merchant on whose behalf the proposed debit transaction will be submitted to a transaction processor. Further, the method can include determining, by the routing determination system based at least in part upon the one or more merchant parameters, a debit transaction network for routing the proposed debit transaction to the transaction processor, wherein the debit transaction network is included in a plurality of available debit transaction networks.
First Claim
Other Claims data not available
Family
International Classification(s)
- 2012 Application Filing Year
- G06Q Class
- 8277 Applications Filed
- 6321 Patents Issued To-Date
- 76.37 % Issued To-Date
Cited Art Landscape
Patent Citation Ranking
- 3 Citation Count
- G06Q Class
- 5.26 % this patent is cited more than
- 8 Age
Maintenance Fees
| Fee | Large entity fee | small entity fee | micro entity fee | due date |
|---|---|---|---|---|
| 7.5 Year Payment | $3600.00 | $1800.00 | $900.00 | Jun 26, 2025 |
| 11.5 Year Payment | $7400.00 | $3700.00 | $1850.00 | Jun 26, 2029 |
