METHODS AND SYSTEMS FOR MANAGING MERCHANT IDENTIFIERS
First Claim
1. A method of processing a merchant identification request from a private label payment card issuer, the private label payment card issuer communicatively coupled to a multi-party payment card interchange that includes access to a data warehouse and a merchant matching tool, the data warehouse for storing a plurality of historical multi-party payment card transactions, said method comprising:
- transmitting a list of private label merchant locations from the private label payment card issuer to the multi-party payment card interchange, the list including physical location information relating to the private label merchants listed;
processing the private label merchant list at the merchant matching tool, the merchant matching tool configured to apply an identification analysis including one of merchant matching only, test transaction only, and merchant matching plus test transaction;
identifying at least one private label merchant location included within the private label merchant list including associating a unique identifier with the at least one identified private label merchant location; and
outputting the at least one identified private label merchant location with the associated unique identifier.
1 Assignment
0 Petitions
Accused Products
Abstract
A method and system for processing a merchant identification request from a private label payment card issuer is provided. The issuer is communicatively coupled to a multi-party payment card interchange that includes access to a database. The database stores a plurality of historical multi-party payment card transactions. The method includes transmitting a list of private label merchant locations from the issuer to the interchange wherein the list includes physical location information relating to the private label merchants listed, processing the list at the interchange by applying thereto an identification analysis including one of merchant matching only, test transaction only, and merchant matching plus test transaction, identifying at least one private label merchant location included within the list including associating a unique identifier with the at least one identified private label merchant location, and outputting the at least one identified private label merchant location with the associated unique identifier.
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Citations
38 Claims
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1. A method of processing a merchant identification request from a private label payment card issuer, the private label payment card issuer communicatively coupled to a multi-party payment card interchange that includes access to a data warehouse and a merchant matching tool, the data warehouse for storing a plurality of historical multi-party payment card transactions, said method comprising:
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transmitting a list of private label merchant locations from the private label payment card issuer to the multi-party payment card interchange, the list including physical location information relating to the private label merchants listed; processing the private label merchant list at the merchant matching tool, the merchant matching tool configured to apply an identification analysis including one of merchant matching only, test transaction only, and merchant matching plus test transaction; identifying at least one private label merchant location included within the private label merchant list including associating a unique identifier with the at least one identified private label merchant location; and outputting the at least one identified private label merchant location with the associated unique identifier. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A network-based system for processing a merchant identification request from a private label payment card issuer, said system comprising:
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a point of sale (POS) device; a computer system associated with the private label payment card issuer; a database for storing a plurality of historical multi-party payment card transactions; and a server system comprising a merchant matching tool (MMT) and configured to be coupled to said POS device, said computer system, and said database, said server system associated with a multi-party payment card interchange, said server system configured to; receive a list of private label merchant locations from the issuer computer system, the list including physical location information relating to the private label merchants listed; process the private label merchant list by applying an identification analysis thereto including one of a merchant matching only analysis, a test transaction only analysis, and merchant matching plus test transaction analysis; identify at least one private label merchant location included within the private label merchant list including associating a unique identifier with the at least one identified private label merchant location; and output the at least one identified private label merchant location with the associated unique identifier. - View Dependent Claims (16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28)
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29. A computer program embodied on a computer readable medium for processing a merchant identification request from a private label payment card issuer, the private label payment card issuer communicatively coupled to a multi-party payment card interchange computer that is coupled to a data warehouse, the data warehouse for storing a plurality of historical multi-party payment card transactions, said program is executed by the interchange computer and comprises at least one code segment that:
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receives a list of private label merchant locations from the private label payment card issuer, the list including physical location information relating to the private label merchants listed; processes the private label merchant list by applying an identification analysis thereto including applying one of a merchant matching only analysis, a test transaction only analysis, and merchant matching plus test transaction analysis; identifies at least one private label merchant location included within the private label merchant list including associating a unique identifier with the at least one identified private label merchant location; and outputs the at least one identified private label merchant location with the associated unique identifier. - View Dependent Claims (30, 31, 32, 33, 34, 35, 36, 37, 38)
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Specification