Mastercard Incorporated
Systems and methods for use in routing funds, associated with transactions, to direct-pay accounts

Abstract:

Systems and methods are provided for rerouting funds, associated with transactions between consumers and merchants, to direct-pay accounts associated with creditors that provide loan and/or credit arrangements to the merchants. One exemplary method generally includes identifying, by a computing device, funds directed to a primary payment account associated with a merchant during settlement of at least one transaction for which funds are directed to the merchant. The computing device then routes a first portion of the funds to a direct-pay account associated with a creditor of the merchant, whereby the first portion of the funds is delivered to the direct-pay account in service of a debt between the creditor and the merchant, without the first portion of the funds being appended to the primary account associated with the merchant. The computing device then also routes a second portion of the funds to the primary account associated with the merchant.