Importance

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Abstract

A system for facilitating on-boarding of target vendors to an electronic payment system comprises a vendor community database with a group of target vendor records, each associated with identification of one or more payers. In association with each payer is identification of a payer aggregate spend value and a target transaction fee rate. The target transaction fee rate may be a fractional value which, when multiplied by the payer spend value, yields an aggregate transaction fee. Machine readable instructions determine, for each target vendor, a target vendor priority value as a function of the aggregate spend value for all payers and the transaction fee rate of each customer payer. The machine readable instructions further comprise generating a target vendor report which includes identification of each target vendor and, in association with the identification of the target vendor, the target vendor priority value.

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First Claim