Patent Document ID: 7593895
Application ID: 11877061
Patent Flag: 1

Claim One:
1. A computer-implemented method for processing financial promissory transactions, the method comprising: receiving, by a processor, at least one transaction parameter associated with a merchant; determining, by the processor, a profitability assessment score, wherein determining the profitability assessment score comprises at least using a formula comprising Profitability Score=(Amt×R)−P R (Amt−P c (Amt+(P Svc ×SvcFee)+(P Other ×Other))+C Ex ), wherein Amt=transaction amount, R=effective rate charged to the merchant, P R =probability of return, P Svc =probability to collect a service fee if transaction amount is collected, SvcFee=service fee, P Other =probability to collect other fees if transaction amount is collected, Other=other fees, C Ex =collection expenses; and authorizing, by the processor, the financial promissory transaction based at least in part on the profitability assessment score and the at least one transaction parameter.