US Patent Issued to Worldpay on Nov. 11 for "Systems and methods for routing electronic transactions using predicted authorization approval" (Ohio Inventors)

ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,469,016, issued on Nov. 11, was assigned to Worldpay LLC (Symmes Township, Ohio).

"Systems and methods for routing electronic transactions using predicted authorization approval" was invented by Dennis A. Kettler (Mason, Ohio) and Ryan Clapp (Loveland, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for routing electronic payment transactions includes receiving transaction-related information from a merchant, extracting transaction routing criteria from the received transaction-related information, dynamically identifying one or more eligible payment networks based on extracted transaction routing criteria, predicting a likelihood of author...