摘要 |
The present disclosure relates generally to settlement processing. More particularly, techniques (e.g., systems, methods, and devices) are disclosed for facilitating direct settlement of transactions for a specific transacting entity. Techniques are disclosed to enable reporting of transacting entity-specific settlement information to further enhance the settlement process. In certain embodiments, a processing system may perform direct settlement with a transacting entity for transactions involving the transacting entity. The transactions may be identified using a unique identifier assigned to the transacting entity associated with those transactions. During settlement, the processing system can directly communicate with a financial institution of the transacting entity, as opposed to an acquirer, to facilitate settlement of the transactions that are identified as being associated with the transacting entity. |
主权项 |
1. A method comprising:
storing, by a computer system, a plurality of identifiers associated with a set of transacting entities registered with a central network, wherein an identifier identifies a transacting entity in the set of transacting entities; receiving an authorization request message for a transaction initiated by an account holder at the transacting entity; determining that the transacting entity is included in the set of transacting entities; receiving an authorization response message from an authorizing computer for the authorization request message; sending, to an acquirer computer with the transacting entity, the authorization response message including the identifier identifying the transacting entity; and initiating a settlement process with a financial institution computer associated with the transacting entity for the transaction based on determining that the transacting entity is included in the set of transacting entities. |