Intelligent payment routing and payment generation

A method for providing on-demand outgoing payment details by a network-connected computing system, the method comprising:

• receiving, at network-connected interface, customer payment details, associated with a first payment type, for payment of an incoming amount;
• requesting authorization data for payment of the incoming amount from a payment processor,
• storing a transaction tracking record in a data store upon receipt of the authorization data, the transaction tracking record comprising a unique key code and an allocatable amount, the allocatable amount being initialized to a value less than or equal to the incoming amount, and the authorization data and a current date and time;
• storing a plurality of payment type profiles in the data store, each payment type profile associating a payment type with one or more payment attributes;
• and
• in response to receiving an outgoing payment request, associated with one or more purchase types, comprising an offered key code and an outgoing amount:
• verifying that the offered key code matches an existing key code of an existing transaction record in the data store and that the outgoing amount is less than or equal to the allocatable amount of the existing transaction record, and
• generating outgoing payment details for each purchase type, associated with at least a second payment type, alternative to the first payment type, wherein the third payment type is associated with one of a second brand, organization, or group for purchase of an outgoing first purchase type and a third payment type, wherein the third payment type is associated with one of a third brand, organization, or group alternative to the first and second payment types for outgoing purchase of a second purchase type;
• and reducing the allocatable amount of the existing transaction record by the outgoing amount, wherein the at least second and third payment types, selected between multiple payment types, is automatically selected by a filter defined by a plurality of transaction preferences comprising one or more optimization goals in compliance with the filter, wherein the filter selection maintains an outgoing percentage or currency amount distributed between the multiple payment types within a predetermined period of time, and wherein the filter selection dynamically updates expected fees based on historic fees to predict likely fee amounts for each payment type, and wherein each outgoing payment request is automatically processed and an outgoing payment generated for each outgoing payment without need for further user intervention.

A system for providing on-demand outgoing payment details, the system comprising:

• a memory storing computer-readable instructions that when executed by a processor cause the processor to implement:
• a network-connected interface to receive customer payment details associated with a first payment type for payment of an incoming amount,
• a data store configured to store:
• a plurality of transaction tracking records, each transaction tracking record comprising a unique key code and an allocatable amount,
• a plurality of payment type profiles, each payment type profile associating a payment type with one or more payment attributes, and
• a plurality of transaction preferences, each transaction preference defining one or more desired payment attributes based on at least one of:
• an outgoing amount, a supplier identifier, or a purchase type;
• a payment gateway, communicably coupled to a payment processor and configured to:
• request authorization data for payment of the incoming amount from the payment processor,
• store a transaction tracking record in the data store upon receipt of the authorization data, the allocatable amount of the transaction tracking record being initialized to a value less than or equal to the incoming amount;
• and the unique key code being initialized to a cryptographic hash value calculated based on the authorization data and a current date and time;
• an outgoing payment generator configured to:
• receive at least one outgoing payment request, associated with one or more purchase types, comprising an offered key code and an outgoing amount;
• and
• for each outgoing payment request having an offered key code matching an unique key code of an existing transaction tracking record in the data store, generate outgoing payment details, associated with at least a second payment type, alternative to the first payment type, wherein the second payment type is associated with one of a second brand, organization, or group alternative to the first payment type for purchase of an outgoing first purchase type and a third payment type, wherein the third payment type is associated with one of a third brand, organization, or group alternative to the first and second payment types for outgoing purchase of a second purchase type;
• and each payment type is automatically selected between multiple payment types by a filter defined by a plurality of transaction preferences comprising one or more optimization goals in compliance with the filter, wherein the filter selection maintains an outgoing percentage or currency amount distributed between the multiple payment types within a predetermined period of time, and wherein the filter selection dynamically updates expected fees based on historic fees to predict likely fee amounts for each payment type;
• and
• reduce the allocatable amount of the existing transaction tracking record by the outgoing amount if the outgoing amount is less than or equal to the allocatable amount, wherein each outgoing payment request is automatically processed and an outgoing payment generated for each outgoing payment without need for further user intervention;
• and
• a transaction router configured to:
• receive outgoing transaction information comprising at least one of identifying information for a supplier or at least one or more of the types of purchase;
• and
• bypass the payment processor and the outgoing payment generator and provide the customer payment details for payment of at least a portion of the outgoing amount based on the customer payment details, the plurality of transaction preferences, the plurality of payment type profiles, and the outgoing transaction information.