US Patent Issued to Worldpay on Aug. 25 for "Systems and methods for routing electronic transactions using network simulation and forecasting" (Ohio Inventors)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,241, issued on Aug. 25, was assigned to Worldpay LLC (Symmes Township, Ohio).

"Systems and methods for routing electronic transactions using network simulation and forecasting" was invented by Dennis Kettler (Mason, Ohio) and Scott Wayne DeAngelo (Mason, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are for routing electronic payment transactions to PIN-less networks using payment pseudo-networks and electronic transaction simulation. One method comprises: receiving transaction-related information from a merchant, the transaction-related information including a bank identification number ("BIN"), one or more available netwo...