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Small Payment Gateway Design Review

Small Payment Gateway Design Review. Author: Wei Liu. Acquiring Bank. Issuing Bank. Small Payment Gateway. Credit Card Debit Card Cross-Merchant Stored Value. Existing Payment Gateway. mall Payment Gateway. Other Payment Processing Requests. Small Payment Processing Requests.

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Small Payment Gateway Design Review

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  1. Small Payment GatewayDesign Review Author: Wei Liu

  2. Acquiring Bank Issuing Bank Small Payment Gateway • Credit Card • Debit Card • Cross-Merchant Stored Value Existing Payment Gateway mall Payment Gateway Other Payment Processing Requests Small Payment Processing Requests • QSR / Coffee • Mobile • RFID • Digital • Convenience • Vending payment(s) Merchant Consumer

  3. Architecture • Authorizes consumer spending prepaid or postpaid • Integrates with payment instrument: credit card, debit card, prepaid card, mobile payment • Presents summary aggregated bill • Enables merchant • Settles aggregated payments • Audits edge processing Aggregatedsettlement authorization Secure edgeauthorization CSS settlement & audit records Non-Real Time (5%) Edge Real Time (95%) • Real-time authorize and settle of small payments at the edge • Massively distributable at the edge, thru Universal Aggregation & Cryptographically Secure Selection • Feeds aggregated payment info to aggregation services • Automated consumer self-service for each small payment transaction • ConsumerExperienceUnchanged • Payment CardGateway Interface

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