Scribd
Upload
35 views

Assign Weight

This document describes assigning weights to payment transactions to influence processing priority, determine if components need to be invoked, and enable simplified processing. Payments will be identified as having heavy, medium, or light weight to determine if high-volume, simple payments; low-volume, complex payments; or high-volume, semi-complex payments are processed before others by the global payment engine throughout the day.

Uploaded by

Prachi Saxena
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
35 views

Assign Weight

This document describes assigning weights to payment transactions to influence processing priority, determine if components need to be invoked, and enable simplified processing. Payments will be identified as having heavy, medium, or light weight to determine if high-volume, simple payments; low-volume, complex payments; or high-volume, semi-complex payments are processed before others by the global payment engine throughout the day.

Uploaded by

Prachi Saxena
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

1.

Assign Weight
This document describes the functionality and high level solution design of assigning weight to a
payment transaction. Weight can be defined as a categorisation of a payment instruction with a
purpose to influence the payment processing in the following manner:

Flexibility in deciding the priority when there are many payments waiting to be processed by a
component within the payment engine, thereby influencing the processing of high priority payments
before others

Flexibility to make a decision whether a component within the payment engine needs to be
invoked for a payment leading to reduction in processing time

Flexibility of having different flavours of processing steps/set of attributes within a component to


provide simplified & efficient processing.

A global payment engine receives a number of payments throughout the day and has to process all
of them as quickly and efficiently as possible.

These payments generally can be categorized into

High Volume and Simple :Local clearing files

Low Volume and Complex : International Swift payments

High Volume and Semi Complex :SEPA (future scope)

At a high level every payment will be identified by only three broad categories of Weights as
mentioned below:

 Heavy Weight (H)


 Medium Weight (M)
 Light Weight (L)

You might also like