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In many countries the money transmitters are required to route payments through banks.
Later, when you use the card at a restaurant, it will automatically route payments to the rewards card in your digital wallet that gives you a 5% cashback bonus in restaurants.
Facebook today launched its mobile ad network called Facebook Audience Network so developers can make money without having to sell their own ads, do their own targeting, handle measurement, or route payments.
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In the Netherlands, there is a system called iDEAL that routes payments directly through your bank account.
As a real-world example, the Swift banking network routes payments between banks around the world.
Senders can accept task bids and re-route payment through the site, scoring a runner on their performance once a task is complete.
But behind the scenes, RightsFlow, a four-year-old company with about 20 employees, will use its database to match songs to publishers and route royalty payments appropriately.
More emails show AWB executives discussing how to route the payments through third parties and encountering hurdles because of international bank rules curbing money laundering.
The service uses wholesale FX rates to route overseas payments back to a client's domestic bank and is capable of processing "thousands of transactions per second," according to the company.
Customers can "estimate fares and car arrival times, view the approach of a driver, monitor actual versus advised routes, streamline payments, and review each trip's route, time, driver, and fare".
Mr. Chen said Chase executives spent hours helping him and his two co-founders understand the entire route a payment travels after a customer swipes a card at a store.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com