METHOD AND SYSTEM UTILIZING MERCHANT SALES ACTIVITY TO PROVIDE INDICATIVE MEASUREMENTS OF MERCHANT AND BUSINESS PERFORMANCE
First Claim
1. A system for measurement of merchant performance using a payment card processing system, the system comprising:
- a managing computer system of a payment card service provider, the managing computer system having a memory device capable of storing data for generating measurements of merchant performance based on payment card transactions, and a computer processor configured to;
receive payment card transactions from at least one merchant;
store the payment card transactions for the at least one merchant;
generate at least one business performance indicator for the payment card transactions of the at least one merchant;
compare the at least one business performance indicator for the at least one merchant to a comparable business performance indicator; and
generate a measurement of merchant performance for the at least one merchant based on the comparison of the at least one business performance indicator to the comparable business performance indicator.
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Abstract
A system for measurements of merchant performance using a payment card processing system, the system includes a managing computer system of a payment card service provider, the managing computer system having a memory device capable of storing data for generating measurements of merchant performance based on payment card transactions, and a computer processor. The computer processor is configured to: receive payment card transactions from at least one merchant; store the payment card transactions for the at least one merchant; generate at least one business performance indicator for the payment card transactions of the at least one merchant; compare the at least one business performance indicator for the at least one merchant to a comparable business performance indicator; and generate a measurement of merchant performance for the at least one merchant based on the comparison of the at least one business performance indicator to the comparable business performance indicator.
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Citations
21 Claims
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1. A system for measurement of merchant performance using a payment card processing system, the system comprising:
a managing computer system of a payment card service provider, the managing computer system having a memory device capable of storing data for generating measurements of merchant performance based on payment card transactions, and a computer processor configured to; receive payment card transactions from at least one merchant; store the payment card transactions for the at least one merchant; generate at least one business performance indicator for the payment card transactions of the at least one merchant; compare the at least one business performance indicator for the at least one merchant to a comparable business performance indicator; and generate a measurement of merchant performance for the at least one merchant based on the comparison of the at least one business performance indicator to the comparable business performance indicator. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A method for measurement of merchant performance using a payment card processing system, the method comprising:
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receiving payment card transactions from at least one merchant in a managing computer system hosted by a payment card service provider, the managing computer system comprising a memory device capable of storing data and a computer processor for generating and calculating measurements of merchant performance based on payment card transactions; storing the payment card transactions for the at least one merchant; generating at least one business performance indicator for the payment card transactions of the at least one merchant; comparing the at least one business performance indicator for the at least one merchant to a comparable business performance indicator; and generating a measurement of merchant performance for the at least one merchant based on the comparison of the at least one business performance indicator to the comparable business performance indicator. - View Dependent Claims (16, 17, 18, 19, 20, 21)
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Specification