Systems and methods for enhanced data routing based on data prioritization
An arbitraged enhanced payment processing system in association with a distributed enhanced payment processing system includes a merchant point of sale (POS) terminal system and a remote payment management system. The POS terminal system initiates a transaction that includes receiving a payment amount, a purchaser account identifier, a virtual electronic payment indicator, and a merchant ID via a payment client. Subsequently, the POS terminal system outputs the transaction to the remote payment management system which generates a token for the transaction. The payment management system then provides the purchaser account identifier, a merchant account identifier, and the payment amount to a payment processing servicer. Upon receiving a payment processing servicer response, the payment management system outputs the response and token to the POS terminal system.
1. A computer-implemented method for electronic transaction processing using a service control directive, the method comprising:
receiving, at an electronic transaction management system, an electronic transaction from a point of sale terminal;
generating, by the electronic transaction management system, a configuration key corresponding to the electronic transaction;
determining, by the electronic transaction management system, a configuration corresponding to the electronic transaction using the configuration key;
retrieving, by the electronic transaction management system, a service control directive using the configuration, the service control directive comprising computer-executable code configured to control processing of the electronic transaction;
determining, by the electronic transaction management system, prioritization of the electronic transaction using the service control directive; and
routing, by the electronic transaction management system, the electronic transaction to an electronic transaction processing system of a plurality of electronic transaction processing systems based on the prioritization.
2. The computer-implemented method of claim 1 , wherein the electronic transaction comprises configuration updating information and the method further comprises:
updating, by the electronic transaction management system, one or more configurations using the configuration updating information.
3. The computer-implemented method of claim 1 , wherein the prioritization determines timing of routing the electronic transaction to the electronic transaction processing system relative to another electronic transaction.
4. The computer-implemented method of claim 1 , wherein the prioritization determines the electronic transaction processing system to which the electronic transaction is routed.
5. The computer-implemented method of claim 1 , wherein the prioritization is based on a service guarantee.
6. The computer-implemented method of claim 5 , further comprising:
recording network performance metrics associated with the electronic transaction; and
determining compliance with the service guarantee using the network performance metrics.
7. The computer-implemented method of claim 1 , further comprising:
storing, by the electronic transaction management system, the service control directive as part of a transaction record corresponding to the electronic transaction.
8. The computer-implemented method of claim 1 , further comprising:
receiving, at the electronic transaction management system, a response from the electronic transaction processing system; and
outputting, by the electronic transaction management system, the response to the point of sale terminal.
9. An electronic transaction management system for electronic transaction processing using a service control directive, the electronic transaction management system comprising:
one or more processors;
a non-transitory computer readable medium storing instructions which, when executed by the one or more processors, cause the one or more processors to perform a method comprising:
receiving, at the electronic transaction management system, an electronic transaction from a point of sale terminal;
generating, by the electronic transaction management system, a configuration key corresponding to the electronic transaction;
determining, by the electronic transaction management system, a configuration corresponding to the electronic transaction using the configuration key;
retrieving, by the electronic transaction management system, a service control directive using the configuration, the service control directive comprising computer-executable code configured to control processing of the electronic transaction;
determining, by the electronic transaction management system, prioritization of the electronic transaction using the service control directive; and
routing, by the electronic transaction management system, the electronic transaction to an electronic transaction processing system of a plurality of electronic transaction processing systems based on the prioritization.
10. The electronic transaction management system of claim 9 , wherein the electronic transaction comprises configuration updating information and the method further comprises:
updating, by the electronic transaction management system, one or more configurations using the configuration updating information.
11. The electronic transaction management system of claim 9 , wherein the prioritization determines timing of routing the electronic transaction to the electronic transaction processing system relative to another electronic transaction.
12. The electronic transaction management system of claim 9 , wherein the prioritization determines the electronic transaction processing system to which the electronic transaction is routed.
13. The electronic transaction management system of claim 9 , wherein the prioritization is based on a service guarantee.
14. The electronic transaction management system of claim 13 , the method further comprising:
recording network performance metrics associated with the electronic transaction; and
determining compliance with the service guarantee using the network performance metrics.
15. The electronic transaction management system of claim 9 , the method further comprising:
storing, by the electronic transaction management system, the service control directive as part of a transaction record corresponding to the electronic transaction.
16. The electronic transaction management system of claim 9 , the method further comprising:
receiving, at the electronic transaction management system, a response from the electronic transaction processing system; and
outputting, by the electronic transaction management system, the response to the point of sale terminal.
17. A non-transitory computer readable medium storing instructions which, when executed by one or more processors, cause the one or more processors to perform a method comprising:
receiving, at an electronic transaction management system, an electronic transaction from a point of sale terminal;
generating, by the electronic transaction management system, a configuration key corresponding to the electronic transaction;
determining, by the electronic transaction management system, a configuration corresponding to the electronic transaction using the configuration key;
retrieving, by the electronic transaction management system, a service control directive using the configuration, the service control directive comprising computer-executable code configured to control processing of the electronic transaction;
determining, by the electronic transaction management system, prioritization of the electronic transaction using the service control directive; and
routing, by the electronic transaction management system, the electronic transaction to an electronic transaction processing system of a plurality of electronic transaction processing systems based on the prioritization.
18. The non-transitory computer readable medium of claim 17 , wherein the prioritization determines timing of routing the electronic transaction to the electronic transaction processing system relative to another electronic transaction.
19. The non-transitory computer readable medium of claim 17 , wherein the prioritization determines the electronic transaction processing system to which the electronic transaction is routed.
20. The non-transitory computer readable medium of claim 19 , wherein the prioritization is based on a service guarantee and the method further comprises:
recording network performance metrics associated with the electronic transaction; and
determining compliance with the service guarantee using the network performance metrics.