Patent ID: 7930248

Claim:
A computer-implemented method comprising: storing information including a respective payment issue time of each of a plurality of payments to a payee, wherein each of the plurality of payments has a same payment mechanism; associating a respective priority level to each of a plurality of types of post-issue event information instances, wherein the plurality of types comprises two or more of: posting information, deposit information, payment receipt information, account crediting information, settlement information, or clearing information; receiving post-issue event information, by a payment servicing computing system comprising one or more computers, wherein the post-issue event information comprises a plurality of post-issue event information instances, each associated with a respective one of the plurality of payments, wherein the post-issue event information includes at least two of the plurality of types of post-issue event information instances; identifying, by the payment servicing computing system, the post-issue event information instances of the type having a highest priority level; determining a payment lead time, by the payment servicing computing system, based upon the stored information and the respective post-issue event information instances of the type having the highest priority level for at least a subset of the plurality of payments, wherein the determined payment lead time is usable for completing a future payment to the payee issued on behalf of a payor; and associating, by the payment servicing computing system, the payment lead time with the payee.