Patent ID: 9519892
Filing Date: 2016-12-13
CPC Classification: G06Q,H04W

Claim Text:
1. A computer implemented method, comprising: transmitting one or more first messages by a computer to collect payments on behalf of a merchant; storing, by the computer in a data storage facility, records of funds collected based on the one or more of the first messages; making, by the computer in the data storage facility, a risk estimation based at least in part on the records of funds collected based on the one or more of the first messages; transmitting one or more second messages by the computer to collect payments on behalf of a merchant; making a further risk estimation of a third message of the second messages not being paid for, based on statistical data and one or more characteristics of a transaction associated with the third message, wherein the one or more characteristics of the transaction includes at least one of: an Internet Protocol (IP) address used to initiate the transaction, a type of an item purchased in the transaction, a telecommunication carrier of a phone number to which the third message is transmitted, and an age of a user receiving the third message; prior to receiving funds according to the one or more of the second messages, identifying by the computer a portion of a total amount of funds charged via the one or more of the second messages, the portion being based at least in part on the risk estimation of the records of funds collected based on the one or more the first messages and the further risk estimation of the third message; prior to receiving funds according to the one or more of the second messages, paying, by the computer, the merchant the portion as an early partial settlement with the merchant; after paying the merchant the portion as part of the early partial settlement, determining, by the computer, whether the funds have been received based on the transmission of the one or more second messages; and paying, by the computer, the merchant a remainder of the total amount that excludes the portion of the early partial settlement if the funds have been received based on the transmission of the one or more second messages, wherein the one or more first and second messages are messages that are transmitted to one or more telecommunication carriers and the funds that are collected are collected from the one or more telecommunication carriers.