Parallel transaction pre-authorization platform
Methods, systems, and apparatuses are described herein for the direct sharing and use of transaction data separately from transaction authorization processes. Transaction metadata associated with a transaction may be received and validated. Authorization information corresponding to the transaction may be received. The degree to which the transaction metadata is tested may be based on a predicted time of receipt of the authorization information. The transaction metadata and authorization information may be correlated. A computing device may determine whether to authorize the financial transaction based on the authorization information and the correlated transaction metadata. All or portions of the transaction metadata may be provided to one or more users after the transaction has been authorized or denied.
1. A computer-implemented method for pre-authorizing a payment card transaction requested by a user, the method comprising:
receiving, by a computing device and from a merchant device, an indication of the payment card transaction, wherein the indication of the payment card transaction indicates that the user initiated the payment card transaction by providing payment card information to the merchant device;
receiving, by the computing device, via a first application programming interface (API), and from the merchant device, supplemental transaction metadata associated with the payment card transaction;
sending, by the computing device, a request for authorization of the payment card transaction to a user device;
based on receiving a response to the request for authorization of the payment card transaction, determining, by the computing device, whether to preauthorize the payment card transaction by testing the supplemental transaction metadata based on one or more criteria;
sending, by the computing device and to the merchant device, an indication of whether the payment card transaction is preauthorized, wherein the indication comprises at least one result from the testing of the supplemental transaction metadata based on the one or more criteria, and wherein the indication comprises instructions that, when executed by the merchant device, cause the merchant device to provide the payment card information to a payment processing service;
receiving, by the computing device, after sending the indication of whether the payment card transaction is preauthorized, via a second interface different from the first API, and from the payment processing service, payment card authorization information corresponding to the payment card transaction, wherein the payment card authorization information comprises data that indicates whether the payment processing service approved the payment card transaction; and
based on determining that the payment card transaction was preauthorized and based on the payment card authorization information, sending, by the computing device, an indication of whether the payment card transaction is authorized.
2. The method of claim 1 , wherein sending the request for authorization of the payment card transaction to the user device comprises sending, to the user device, an authorization code, and wherein the response to the request for authorization comprises the authorization code.
3. The method of claim 1 , wherein the response to the request for authorization comprises a unique credential associated with the user.
4. The method of claim 1 , wherein sending the request for authorization of the payment card transaction to the user device comprises initiating a video or voice call to the user device.
5. The method of claim 1 , wherein sending the indication of whether the payment card transaction is preauthorized comprises:
sending, to the merchant device, a likelihood that the payment card transaction will be rejected.
6. The method of claim 1 , wherein determining whether to preauthorize the payment card transaction comprises:
selecting a portion of one or more data elements of the supplemental transaction metadata to test using the one or more criteria.
7. The method of claim 1 , wherein the merchant device is configured to send the payment card information to the payment processing service in response to the indication of whether the payment card transaction is preauthorized.
8. The method of claim 1 , wherein receiving the indication of the payment card transaction comprises receiving an indication of a timestamp corresponding to the payment card transaction, and wherein determining whether to preauthorize the payment card transaction is based on determining whether the timestamp corresponds to an authorized period of time.
9. The method of claim 1 , wherein the payment card transaction is associated with a location, and wherein determining whether to preauthorize the payment card transaction is based on the location.
10. The method of claim 1 , wherein determining whether to preauthorize the payment card transaction is based on an identity of the user.
11. The method of claim 1 , wherein the payment card authorization information indicates whether the payment card information was approved by the payment processing service.
12. A data share computing device configured to pre-authorize a payment card transaction requested by a user, the data share computing device comprising:
one or more processors; and
memory storing instructions that, when executed by the one or more processors, cause the data share computing device to:
receive, from a merchant device, an indication of the payment card transaction, wherein the indication of the payment card transaction indicates that the user initiated the payment card transaction by providing payment card information to the merchant device;
receive, from the merchant device and via a first application programming interface (API), supplemental transaction metadata associated with the payment card transaction;
send a request for authorization of the payment card transaction to a user device;
based on receiving a response to the request for authorization of the payment card transaction, determine whether to preauthorize the payment card transaction by testing the supplemental transaction metadata based on one or more criteria;
send, to the merchant device, an indication of whether the payment card transaction is preauthorized, wherein the indication comprises at least one result from the testing of the supplemental transaction metadata based on the one or more criteria, and wherein the indication comprises second instructions that, when executed by the merchant device, cause the merchant device to provide, to a payment processing service, the payment card information;
receive, after sending the indication of whether the payment card transaction is preauthorized, via a second interface different from the first API, and from a payment processing service, payment card authorization information corresponding to the payment card transaction, wherein the payment card authorization information comprises data that indicates whether the payment processing service approved the payment card transaction; and
based on determining that the payment card transaction was preauthorized and based on the payment card authorization information, send an indication of whether the payment card transaction is authorized.
13. The data share computing device of claim 12 , wherein the instructions, when executed by the one or more processors, cause the data share computing device to send the request for authorization of the payment card transaction to the user device by causing the data share computing device to send, to the user device, an authorization code, and wherein the response to the request for authorization comprises the authorization code.
14. The data share computing device of claim 12 , wherein the response to the request for authorization comprises a unique credential associated with the user.
15. The data share computing device of claim 12 , wherein the instructions, when executed by the one or more processors, cause the data share computing device to send the request for authorization of the payment card transaction to the user device by initiating a video or voice call to the user device.
16. The data share computing device of claim 12 , wherein the instructions, when executed by the one or more processors, cause the data share computing device to send the indication of whether the payment card transaction is preauthorized by causing the data share computing device to:
send, to the merchant device, a likelihood that the payment card transaction will be rejected.
17. One or more non-transitory computer-readable media storing instructions that, when executed by one or more processors, cause a computing device to pre-authorize a payment card transaction requested by a user by causing the computing device to perform steps comprising:
receiving, by the computing device and from a merchant device, an indication of the payment card transaction, wherein the indication of the payment card transaction indicates that the user initiated the payment card transaction by providing payment card information to the merchant device;
receiving, by the computing device, via a first application programming interface (API), and from the merchant device, supplemental transaction metadata associated with the payment card transaction;
sending, by the computing device, a request for authorization of the payment card transaction to a user device;
based on receiving a response to the request for authorization of the payment card transaction, determining, by the computing device, whether to preauthorize the payment card transaction by testing the supplemental transaction metadata based on one or more criteria;
sending, by the computing device and to the merchant device, an indication of whether the payment card transaction is preauthorized, wherein the indication comprises at least one result from the testing of the supplemental transaction metadata based on the one or more criteria, and wherein the indication comprises second instructions that, when executed by the merchant device, cause the merchant device to provide, to a payment processing service, the payment card information;
receiving, by the computing device, after sending the indication of whether the payment card transaction is preauthorized, via a second interface different from the first API, and from a payment processing service, payment card authorization information corresponding to the payment card transaction, wherein the payment card authorization information comprises data that indicates whether the payment processing service approved the payment card transaction; and
based on determining that the payment card transaction was preauthorized and based on the payment card authorization information, sending, by the computing device, an indication of whether the payment card transaction is authorized.
18. The computer-readable media of claim 17 , wherein the instructions, when executed by the one or more processors, cause the computing device to send the request for authorization of the payment card transaction to the user device by causing the computing device to send, to the user device, an authorization code, and wherein the response to the request for authorization comprises the authorization code.
19. The computer-readable media of claim 17 , wherein the response to the request for authorization comprises a unique credential associated with the user.
20. The computer-readable media of claim 17 , wherein the instructions, when executed by the one or more processors, cause the computing device to send the request for authorization of the payment card transaction to the user device by initiating a video or voice call to the user device.