Methods, systems, and devices for computing systems improving rendering of electronic payments

1 . A device, comprising:

a processing system including a processor; and

a memory that stores executable instructions that, when executed by the processing system, facilitate performance of operations, the operations comprising:

based on the first instructions, exchanging the first financial data between the source equipment and the recipient equipment, wherein the exchanging of the first financial data comprises utilizing a first processor capacity associated with the processing system and a first memory capacity associated with the processing system, wherein the exchanging of the first financial data comprises incurring, by the processing system:

a processing latency based on verifying sufficient funds, checking a routing number and an account number, and rendering of a payment utilizing an electronic payment service;

and

a verification latency based on checking sanctions associated with the rendering of the payment and checking fraud associated with a payor and a beneficiary associated with the rendering of the payment;

determining the processing latency between the source equipment and the recipient equipment based on the verifying of the sufficient funds, the checking of the routing number and of the account number, and the rendering of the payment utilizing an electronic payment service and based on the historical financial data; determining a processing rate for the processing latency between the source equipment and the recipient equipment;

determining the verification latency to perform security authentication for the recipient equipment based on the checking sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment;

determining a service metric based on the processing rate and the verification rate, the service metric being associated with a token service that expediates a transfer of financial data between the source equipment and the recipient equipment;

selecting a pricing methodology for the token service based on the service metric, wherein the service metric comprises one or more of token price, financial institution gain, and client time savings;

enrolling the source equipment to utilize the token service based on the service metric;

implementing the token service at periodic time intervals to mitigate the processing latency and the verification latency by processing and screening for groups of exchanging financial data rather than for each individual exchange of financial data, wherein the implementing of the token service comprises:

the verifying of the sufficient funds and the checking of the routing number and of the account number at the periodic time intervals; and

the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment at the periodic time intervals;

based on the second instructions, exchanging second financial data between the source equipment and the recipient equipment utilizing the token service, wherein the exchanging of the second financial data comprises utilizing a second processor capacity associated with the processing system and a second memory capacity associated with the processing system, wherein the second processor capacity is less than the first processor capacity, wherein the second memory capacity is less than the first memory capacity, wherein the processing system utilizes less processor capacity and less memory capacity when exchanging the second financial data based on the implementing of the token service at the periodic time intervals prior to the exchanging of the second financial data as compared to the exchanging of the first financial data without utilizing the token service prior to the exchanging the first financial data, wherein the exchanging of the second financial data comprises rendering of the payment from the payor to the beneficiary and avoids the verifying of the sufficient funds and the checking of the routing number and of the account number, the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment.

2 . The device of claim 1 , wherein the operations comprise presenting the service metric at the source equipment to enable enrollment of the source equipment to utilize the token service wherein the presenting of the service metric comprises transmitting a notification over a communication network to the source equipment, wherein the notification includes presenting the service metric to enable enrollment of the source equipment to utilize the token service.

3 . The device of claim 1 , wherein the operations comprise receiving user-generated input from the source equipment, over a communication network, indicating to enroll in the token service.

4 . The device of claim 1 , wherein the operations comprise receiving a request to transfer third financial data from the source equipment over a communication network.

5 . The device of claim 4 , wherein the operations comprise transferring, over the communication network, the third financial data to the recipient equipment over the communication network based on enrollment in the token service.

6 . The device of claim 5 , wherein the source equipment is associated with a payor entity, wherein the recipient equipment is associated with a beneficiary entity.

7 . The device of claim 6 , wherein the transferring of the third financial data comprises rendering an electronic payment from a financial account of the payor entity to a financial account of the beneficiary entity.

8 . The device of claim 1 , wherein the processing latency comprises a processing delay, wherein the processing rate comprises a processing cost, wherein the verification latency comprises a screening delay, wherein the verification rate comprises a screening cost.

9 . The device of claim 8 , wherein the determining of the service metric based on the processing rate and the verification rate comprises determining a token price for the token service based on the processing delay, processing cost, screening delay, and screening cost.

10 . The device of claim 9 , wherein the determining of the token price comprises determining the token price utilizing the pricing methodology, wherein the pricing methodology is selected from a group of projected maximum price, black box optimization, reinforcement learning, and conservative offsets.

11 . A non-transitory machine-readable medium, comprising executable instructions that, when executed by a processing system including a processor, facilitate performance of operations, the operations comprising:

identifying source equipment is associated with a recipient equipment based on historical financial data exchanged between the source equipment and the recipient equipment;

based on the first instructions, exchanging the first financial data between the source equipment and the recipient equipment, wherein the exchanging of the first financial data comprises utilizing a first processor capacity associated with the processing system and a first memory capacity associated with the processing system, wherein the exchanging of the first financial data comprises incurring, by the processing system:

a processing latency based on verifying sufficient funds, checking a routing number and an account number, and rendering of a payment utilizing an electronic payment service;

and

a verification latency based on checking sanctions associated with the rendering of the payment and checking fraud associated with a payor and a beneficiary associated with the rendering of the payment;

determining a processing rate for the processing latency between the source equipment and the recipient equipment based on the verifying of the sufficient funds, the checking of the routing number and of the account number, and the rendering of the payment utilizing an electronic payment service;

determining a verification rate for a verification latency to perform security authentication for the recipient equipment based on the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the pavor and the beneficiary of the rendering of the payment;

determining a service metric based on the processing rate and the verification rate, the service metric being associated with a token service that expediates a transfer of financial data between the source equipment and the recipient equipment;

selecting a pricing methodology for the token service based on the service metric, wherein the service metrics comprise one or more of token price, financial institution gain, and client time savings;

implementing the token service at periodic time intervals to mitigate the processing latency and the verification latency by processing and screening group of exchanging financial data rather than for each individual exchange of financial data, wherein the implementing of the token service comprises:

the verifying of the sufficient funds and the checking of the routing number and of the account number at the periodic time intervals; and

the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment at the periodic time intervals;

based on the second instructions, exchanging second financial data between the source equipment and the recipient equipment utilizing the token service, wherein the exchanging of the second financial data comprises utilizing a second processor capacity associated with the processing system and a second memory capacity associated with the processing system, wherein the second processor capacity is less than the first processor capacity, wherein the second memory capacity is less than first memory capacity, wherein the processing system utilizes less processor capacity and less memory capacity when exchanging the second financial data based on the implementing of the token service at the periodic time intervals prior to the exchanging of the second financial data as compared to the exchanging of the first financial data without utilizing the token service prior to the exchanging of the first financial data, wherein the exchanging of the second financial data comprises rendering of the payment from the payor to the beneficiary and avoids the verifying of the sufficient funds and the checking of the routing number of the account number, the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment.

12 . The non-transitory machine-readable medium of claim 11 , wherein operations comprise presenting the service metric at the source equipment to enable enrollment of the source equipment to utilize the token service when the presenting of the service metric comprises transmitting a notification over a communication network to the source equipment, wherein the notification includes presenting the service metric to enable enrollment of the source equipment to utilize the token service.

13 . The non-transitory machine-readable medium of claim 12 , wherein the operations comprise receiving user-generated input from the source equipment, over a communication network, indicating to enroll in the token service.

14 . The non-transitory machine-readable medium of claim 11 , wherein the operations comprise receiving a request to transfer third financial data from the source equipment over a communication network.

15 . The non-transitory machine-readable medium of claim 14 , wherein the operations comprise transferring, over the communication network, the third financial data to the recipient equipment over a communication network based on enrollment in the token service.

16 . The non-transitory machine-readable medium of claim 15 , wherein the source equipment is associated with a payor entity, wherein the recipient equipment is associated with a beneficiary entity.

17 . The non-transitory machine-readable medium of claim 16 , wherein the transfer of third financial data comprises rendering an electronic payment from a financial account of the payor entity to a financial account of the beneficiary entity.

18 . The non-transitory machine-readable medium of claim 11 , wherein the processing latency comprises a processing delay, wherein the processing rate comprises a processing cost, wherein the verification latency comprises a screening delay, wherein the verification rate comprises a screening cost.

19 . The non-transitory machine-readable medium of claim 18 , wherein the determining of the service metric based on the processing rate and the verification rate comprises determining a token price for the token service based on the processing delay, processing cost, screening delay, and screening cost.

20 . A method comprising:

identifying, by a server including a processor, source equipment is associated with a recipient equipment based on historical financial data exchanged between the source equipment and the recipient equipment;

based on the first instructions, exchanging, by the server, the first financial data between the source equipment and the recipient equipment, wherein the exchanging of the first financial data comprises utilizing a first processor capacity associated with the server and a first memory capacity associated with the server, wherein the exchanging of the first financial data comprises incurring, by the server;

a processing latency based on verifying sufficient funds, checking a routing number and an account number, and rendering of a payment utilizing an electronic payment service; and

a verification latency based on checking sanctions associated with the rendering of the payment and checking fraud associated with a payor and a beneficiary associated with the rendering of the payment;

determining, by the server, the processing latency between the source equipment and the recipient equipment based on the verifying of the sufficient funds, the checking of the routing number and of the account number, and the rendering of the payment utilizing an electronic payment service and based on the historical financial data;

determining, by the server, a verification latency to perform security authentication for the recipient equipment; determining, by the server, a verification rate;

determining, by the server, a service metric based on the processing rate and the verification rate, the service metric being associated with a token service that expediates a transfer of financial data between the source equipment and the recipient equipment;

selecting, by the server, a pricing methodology for the token service based on the service metric, wherein the service metric comprises one or more of token price, financial institution gain, and client time savings;

enrolling, by the server, the source equipment to utilize the token service based on the service metric; implementing, by the server, the token service at periodic time intervals to mitigate the processing latency and the verification latency by processing and screening for groups of exchanging financial data rather than for each individual exchange of financial data, wherein the implementing of the token service comprises:

the verifying of the sufficient funds and the checking of the routing number and of the account number at the periodic time intervals, and

the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment at the periodic time intervals;

receiving, by the server, second instructions to exchange second financial data between the source equipment and the recipient equipment utilizing the token service; and based on the second instructions, exchanging, by the server, second financial data between the source equipment and the recipient equipment utilizing the token service, wherein the exchanging of the second financial data comprises utilizing a second processor capacity associated with the server and a second memory capacity associated with the server, wherein the second processor capacity is less than the first processor capacity, wherein the second memory capacity is less than the first memory capacity wherein the server utilizes less processor capacity and less memory capacity when exchanging the second financial data based on the implementing of the token service at the periodic time intervals prior to the exchanging of the second financial data as compared to the exchanging of the first financial data without utilizing the token service prior to the exchanging the first financial data, wherein the exchanging of the second financial data comprises rendering payment from the payor to the beneficiary and avoids the verifying of the sufficient funds and the checking of the routing number and of the account number, the checking of the sanctions associated with the rendering of the payment and the checking of the fraud associated with the payor and the beneficiary of the rendering of the payment.