Invention Grant
- Patent Title: Assured payment system using delayed transaction queue
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Application No.: US16436765Application Date: 2019-06-10
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Publication No.: US11055701B1Publication Date: 2021-07-06
- Inventor: Alex Henderson , Matthew Amidon , Leonie Wise , Karl Prosser , Josh Robb
- Applicant: Pushpay IP Limited
- Applicant Address: NZ Auckland
- Assignee: Pushpay IP Limited
- Current Assignee: Pushpay IP Limited
- Current Assignee Address: NZ Auckland
- Agency: Knobbe, Martens, Olson & Bear, LLP
- Main IPC: G06Q20/24
- IPC: G06Q20/24 ; G06Q20/36 ; G06Q20/32 ; G06Q20/40 ; G06Q20/02

Abstract:
Systems and methods are provided for triggering delayed transaction processing when certain transaction gateway problems are detected across a number of transactions. To complete a given transaction, a processing system may coordinate transfer of funds in a manner that includes communications among multiple third-party systems, such as a tokenization service or token vault, a payment gateway, and a bank or credit card processor. When there are connectivity or other problems with one of these other systems, a system and associated methods are provided for selectively delaying a subset of transactions while still providing some assurance to the transaction requestor and recipient that the transaction will proceed.
Information query