Patents
US 12731152 B2: Systems and methods for optimizing transaction authorization conversion rate
- Granted
- 2026-09-08
- Filed
- 2023-05-12 application 18316381
- Type
- Utility · 14 claims
- Elsewhere
- Google Patents ↗ · USPTO patent document ↗ · USPTO Patent Center record ↗
Abstract
A method for optimizing transaction authorization conversion rates includes retrieving payment transaction parameters and authorization results for a plurality of past payment transactions, generating authorization success factors for each of a plurality of payment transaction parameters based on the retrieved payment transaction parameters and authorization results, receiving, at an acquirer processor, a payment transaction from a merchant, modifying one or more parameters of the payment transaction according to the generated authorization success factors, and submitting the modified payment transaction to a financial institution for processing.
Source: PTBLXML, file of 2026-09-08 (ipgb20260908.xml).
Assignees
| Assignee | Type | Place | Also on furp.org | Source |
|---|---|---|---|---|
| Worldpay, LLC 477 patents | US company or organization | Symmes Township, OH | PTBLXML, file of 2026-09-08 |
Inventors
| Inventor | Place | Patents | Person page | Source |
|---|---|---|---|---|
| William H. Cohn | Lexington, MA | 13 | PTBLXML, file of 2026-09-08 | |
| Sayid Shabeer | Ashland, MA | 12 | PTBLXML, file of 2026-09-08 | |
| Ned Canning | Boston, MA | 7 | PTBLXML, file of 2026-09-08 |
CPC categories
| Subclass | Category | First group | Source |
|---|---|---|---|
| G06Q | Information and communication technology [ict] specially adapted for administrative, commercial, financial, managerial or supervisory purposes; systems or methods specially adapted for administrative, commercial, financial, managerial or supervisory purposes, not otherwise provided for | G06Q20/409 | PTBLXML, file of 2026-09-08 |
Cooperative Patent Classification, as currently assigned (one row per subclass).
Assignments and security interests
| Recorded | What | From | To | Reel/frame | Source |
|---|---|---|---|---|---|
| 2026-01-12 | Release of security interest Release of security interest in intellectual property recorded at r/f 066624/0719 | JPMORGAN CHASE BANK, N.A., AS COLLATERAL AGENT signed 2026-01-09 | WORLDPAY, LLC CINCINNATI, OH | 74315/412 | PASDL, file of 2026-10-25 |
| 2026-01-12 | Release of security interest Release of security interests recorded at reel/frames 066626/0655, 066625/0426, 066625/0347, and 066625/0276 | WILMINGTON TRUST, NATIONAL ASSOCIATION, AS NOTES COLLATERAL AGENT signed 2026-01-09 | WORLDPAY, LLC CINCINNATI, OH WORLDPAY ISO AND ECOMMERCE, LLC CINCINNATI, OH PAYMETRIC, LLC CINCINNATI, OH WORLDPAY US, LLC CINCINNATI, OH | 74314/622 | PASDL, file of 2026-10-25 |
| 2024-02-19 | Security interest Security interest Security interest | WORLDPAY, LLC signed 2024-01-31 | WILMINGTON TRUST, NATIONAL ASSOCIATION, AS NOTES COLLATERAL AGENT MINNEAPOLIS, MN | 66626/655 | PASDL, file of 2026-10-25 |
| 2024-02-19 | Security interest Security interest Security interest | WORLDPAY, LLC signed 2024-01-31 | JPMORGAN CHASE BANK, N.A., AS COLLATERAL AGENT NEWARK, DE | 66624/719 | PASDL, file of 2026-10-25 |
Documents recorded with the USPTO Assignment Recordation Branch that list this patent. A security interest is a lender’s claim on the patent as collateral; a release ends it.
USPTO bulk data: PatentsView granted patents, disambiguated (PVGPATDIS) for patents, assignees, inventors, places and CPC categories; the USPTO Patent Assignment Dataset (ECORSEXC) for assignments and security interests. Patents filed in the last 20 years. No claims or full text. Links to other records are by name (and state): EXACT means the identical full name and state; FUZZY means a looser name match, with the confidence shown.