SYSTEM AND METHOD FOR PAYMENT DATA PROCESSING

• US 20120041872A1
• Filed: 10/25/2011
• Published: 02/16/2012
• Est. Priority Date: 06/13/2000
• Status: Abandoned Application

• Current Assignee: Chase Paymentech Solutions LLC (JP Morgan Chase & Co)
• Original Assignee: Chase Paymentech Solutions LLC (JP Morgan Chase & Co)
• Inventors: LeRoux, Lambert Wayne, Mahy, Russell James, Dollard, Jay Stumpf, Harshe, Chirayu Gangadhar, Nicholls, Michael Kerrick, Bessell, Eric Randall, Kotz, Kirk Thomas, Bricker, Gregory James, Thomas, Rosemary R., Lawler, Mark A., Menon, Satish, Duffy, Michael P., Rogers, Laura C., White, George J.
• Application Number:
  US13/281,381
• Publication Number:
  US 20120041872A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A system for processing transaction data and payment data is provided. The system includes a front-end system that receives transaction data from one or more merchants, such as an employee identifier. A back-end system receives payment data from one or more payment systems, such as fraud data. A reporting system that is connected to the front-end system and the back-end system correlates the transaction data the payment data, such as to show employee identifier data and fraud data in a single record.

Claims

1. A system for processing electronic payment transaction data comprising:

a front-end system receiving transaction data from one or more merchants;

a back-end system receiving payment data from one or more payment systems; and

a reporting system that correlates at least one data table entry in the transaction data with at least one data table entry in the payment data.

2. The system of claim 1 wherein the reporting system further comprises a data display system that displays at least one data field from the transaction data table entry with at least one data field from the payment data table entry.

3. The system of claim 1 wherein the front-end system further comprises a transaction detail system

4. The system of claim 1 wherein the front-end system further comprises a fuel transaction system

5. The system of claim 1 wherein the front-end system further comprises a restaurant transaction system

6. The system claim 1 wherein the back-end system further comprises a payment transactions system

7. The system of claim 1 wherein the back-end system further comprises a disposition system

8. The system of claim 1 wherein the back-end system further comprises a deposit correction system

9. The system of claim 1 wherein the back-end system further comprises a reversal system

10. A method presenting transaction data comprising:

receiving transaction data generated by one or more merchants;

receiving payment data generated by one or more payment systems; and

correlating at least one data table entry in the transaction data with at least one data table entry in the payment data.

11. The method of claim 10 further comprising displaying at least one data field from the transaction data table entry with at least one data field from the payment data table entry.

12. The method of claim 11 wherein displaying at least one data field from the transaction data table entry comprises displaying at least one transaction detail data field.

13. The method of claim 11 wherein displaying at least one data field from the transaction data table entry comprises displaying at least one fuel transaction data field.

14. The method of claim 11 wherein displaying at least one data field from the payment data table entry comprises displaying at least one payment transactions data field.

15. The method of claim 11 wherein displaying at least one data field from the payment data table entry comprises displaying at least one disposition data field.

16. The method of claim 11 wherein displaying at least one data field from the payment data table entry comprises displaying at least one deposit correction data field.

17. The method of claim 11 wherein displaying at least one data field from the payment data table entry comprises displaying at least one reversal data field.

18. A system for reporting electronic payment transaction data comprising:

a transaction system that receives front-end transaction data from one or more merchant systems and payment data from one or more payment systems; and

a reporting system that correlates at least one data table entry in the transaction data with at least one data table entry in the payment data.