Patent ID: 11972417
Assignee: BOOST PAYMENT SOLUTIONS, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 3:
4. The method of claim 2, further comprising:
wherein the payment portal includes a plurality of reporting algorithms;
selecting, via the payment portal and using the merchant identifying information and the payment information, a selected one or the reporting algorithms from the plurality of reporting algorithms;
wherein the selected reporting algorithm is associated in the payment portal with the merchant identifying information and the payment information; and
generating a merchant notification message, in the computing device and using the selected reporting algorithm and at least one of the settlement output, the payment authorization request, the merchant identifying information, or the payment information;
wherein the merchant notification message includes:
a notification of an approval of the payment authorization request,
the payment amount, and
at least one of the adjusted interchange rate or an adjusted interchange fee;

wherein the adjusted interchange fee is defined by the adjusted interchange rate.