Systems and methods for optimizing transaction authorization conversion rate

This invention describes a system for improving the success rate of payment transactions. When a merchant sends a payment request, a special processor intercepts it and adjusts details of the payment request based on historical data about what makes transactions get approved. The modified request is then sent to the bank, and its outcome is added back to the historical data to refine future adjustments.

Why it matters: Filed before the widespread availability of highly optimized, real-time machine learning platforms. Generating authorization success factors from large datasets is now significantly more efficient and accessible, potentially lowering development costs and improving accuracy.

Status: Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build: SpecializedSoftware logic, database, payment system integration

3 AI reinvention directions for this patent

See all three

AI gives you a few directions you could take this. Pick one, and we check whether your version is different enough to patent, then write the filing.

Reinvent this with AI

Where this one came from

Every morning we go through millions of abandoned patents and pick out 15 worth your time. This was one of today’s.

This one

+10