SYSTEMS, METHODS AND APPARATUSES FOR A PAYMENT FACILITATION ENGINE

摘要

The disclosure details the implementation of apparatuses, methods, and systems for a cross-border Payment Facilitation Engine that creates all the required documents, manages payment instruments, integrates all events and parties, including the financial institutions, and allows parties to track the status of the payments on-line at any time, further including a payment matrix that employs interrelated rules and data sets pertinent to the exchange of payments and transfer of financial instrument as between seller, buyer and any intermediary financial institutions, including the management of fluctuations in exchange rates the Payment Facilitation Engine discerns differences in currency between buyers and sellers and automatically renders all financial transactions in the user's native currency