Payment authorization prompting categorization

• US 9,767,503 B2
• Filed: 11/30/2012
• Issued: 09/19/2017
• Est. Priority Date: 11/30/2012
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Grigg, David M., Calman, Matthew A., Votaw, Elizabeth S.
• Primary Examiner(s): Frenel, Vanel
• Application Number:
  US13/690,713
• Publication Number:
  US 20140156448A1
• Time in Patent Office: 1,754 Days
• Field of Search: 705 30, 705 39, 705 44, 715781, 709204
• CPC Class Codes: G06Q 30/0261 based on user location
• CPC Class Codes: G06Q 30/0631 Item recommendations

Abstract

Systems, methods, and computer program products are provided for prompting categorization during payment authorization. The system includes a computer apparatus including a processor and a memory; and a software module stored in the memory. The software module includes executable instructions that when executed by the processor cause the processor receive an authorization request for a transaction being conducted by a user; prompt the user to categorize at least one component of the transaction; receive a category from the user for the at least one component of the transaction; and store the category in association with the transaction. In some embodiments, the system will not authorize the transaction until the user categorizes at least one component of the transaction. In further embodiments, the system evaluates the transaction and only prompts the user to categorize the transaction if predefined criteria are met.

Claims

1. A system for prompting categorization during payment authorization of a transaction being conducted by a user, the system comprising:

a computer apparatus including a processor and a memory;

one or more proximity marker devices located inside a facility, the one or more proximity marker devices being configured to transmit a wireless proximity signal; and

a software module stored in the memory, comprising executable instructions that when executed by the processor cause the processor to;

track the user'"'"'s location using GPS coordinates provided by the mobile device when the user is located outside the facility;

transmit the wireless proximity signal using the one or more proximity marker devices, wherein the wireless proximity signal is configured to be received by a positioning system device of the mobile device;

determine the user'"'"'s location when the user is located inside the facility based on receiving a response signal from the user mobile device indicating receipt of the wireless proximity signal of the one or more proximity marker devices;

access a categorization database;

determine a time of day;

using the categorization database, determine that the user'"'"'s location is associated with a plurality of categories for the determined time of day, wherein the plurality of categories are determined based on at least the response signal from the user mobile device;

suggest the plurality of categories based on the user'"'"'s location and the determined time of day;

prompt the user to categorize at least one component of the transaction;

receive a category from the user for the at least one component of the transaction;

receive instructions, from the mobile device, to process the transaction and associate the received category with the at least one component of the transaction;

in response to the instructions from the mobile device, initiate storing the category in association with the at least one component of the transaction in a categorization database; and

in response to the instructions from the mobile device, process the transaction.

2. The system of claim 1, wherein the module is further configured to authorize the transaction when the user categorizes at least one component of the transaction.

3. The system of claim 1, wherein the module is further configured to:

determine whether the transaction meets predefined criteria, wherein the predefined criteria comprise an amount, a time, a merchant, and a location; and

prompt the user to categorize at least one component of the transaction when the transaction meets the predefined criteria.

4. The system of claim 1, wherein the module is further configured to:

access a database comprising a plurality of merchants and associated categories; and

suggest categories based on the most frequently associated categories relating to the merchant.

5. The system of claim 1, wherein the user is prompted to categorize the transaction using a mobile device and the system receives the category from the user via the mobile device.

6. The system of claim 5, wherein the mobile device receives a verbal input from the user providing the category.

7. The system of claim 1, wherein the one or more proximity marker devices comprise a Wi-Fi transmitter configured to transmit the wireless proximity signal comprising a Wi-Fi signal, wherein the user'"'"'s location is determined based on a signal strength of the Wi-Fi signal received at the mobile device.

8. The system of claim 1, wherein the one or more proximity marker devices comprise a NFC-enabled chip configured to transmit the wireless proximity signal comprising a NFC signal.

9. The system of claim 1, wherein the one or more proximity marker devices comprise a RFID tag configured to transmit the wireless proximity signal comprising a RFID signal.

10. The system of claim 1, wherein the one or more proximity marker devices are positioned inside the facility such that the user is always in proximity of at least one proximity marker signal.

11. The system of claim 1, wherein

wherein the category from the user for the at least one component is received at a first user location;

wherein the instructions to process the transaction from the mobile device are received at a second user location; and

wherein the transaction is processed based on at least determining that the distance between the first user location and the second user location is less than a predetermined distance.

12. The system of claim 1, wherein

wherein the category from the user for the at least one component is received at a first time of day;

wherein the instructions to process the transaction from the mobile device are received at a second time of day; and

wherein the transaction is processed based on at least determining that the difference between the first time of day and the second time of day is less than a predetermined duration.

13. A computer program product for prompting categorization during payment authorization of a transaction being conducted by a user, the computer program product comprising:

a non-transitory computer readable storage medium having computer readable program code embodied therewith, the computer readable program code comprising;

a computer readable program code configured to track the user'"'"'s location using GPS coordinates provided by the mobile device when the user is located outside a facility;

a computer readable program code configured to transmit a wireless proximity signal using one or more proximity marker devices, wherein;

the one or more proximity marker devices are located inside the facility, the one or more proximity marker devices being configured to transmit the wireless proximity signal; and

the wireless proximity signal is configured to be received by a positioning system device of the mobile device;

a computer readable program code configured to determine the user'"'"'s location when the user is located inside the facility based on receiving a response signal from the user mobile device indicating receipt of the wireless proximity signal of the one or more proximity marker devices;

a computer readable program code configured to access a categorization database;

a computer readable program code configured to determine a time of day;

a computer readable program code configured to, using the categorization database, determine that the user'"'"'s location is associated with a plurality of categories for the determined time of day, wherein the plurality of categories are determined based on at least the response signal from the user mobile device;

a computer readable program code configured to suggest the plurality of categories based on the user'"'"'s location and the determined time of day;

a computer readable program code configured to prompt the user to categorize at least one component of the transaction;

a computer readable program code configured to receive a category from the user for the at least one component of the transaction;

a computer readable program code configured to receive instructions, from the mobile device, to process the transaction and associate the received category with the at least one component of the transaction;

a computer readable program code configured to, in response to the instructions from the mobile device, initiate storing the category in association with the at least one component of the transaction in a categorization database; and

a computer readable program code configured to, in response to the instructions from the mobile device, process the transaction.

14. The computer program product of claim 13, the computer program product further comprising a computer readable program code configured to authorize the transaction when the user categorizes at least one component of the transaction.

15. The computer program product of claim 13, the computer program product further comprising a computer readable program code configured to:

determine whether the transaction meets predefined criteria, wherein the predefined criteria comprise an amount, a time, a merchant, and a location; and

prompt the user to categorize at least one component of the transaction when the transaction meets the predefined criteria.

16. The computer program product of claim 13, the computer program product further comprising a computer readable program code configured to:

access a database comprising a plurality of merchants and associated categories; and

suggest categories based on the most frequently associated categories relating to the merchant.

17. The computer program product of claim 13, wherein the user is prompted to categorize the transaction using a mobile device and the system receives the category from the user via the mobile device.

18. The computer program product of claim 13, wherein the mobile device receives a verbal input from the user providing the category.

19. A method for prompting categorization during payment authorization of a transaction being conducted by a user, the method comprising:

using a computer processor comprising computer program code instructions stored in a non-transitory computer readable medium, wherein said computer program code instructions are structured to cause said computer processor to;

track the user'"'"'s location using GPS coordinates provided by the mobile device when the user is located outside a facility;

transmit a wireless proximity signal using one or more proximity marker devices, wherein;

the or more proximity marker devices located inside the facility, the one or more proximity marker devices being configured to transmit the wireless proximity signal; and

the wireless proximity signal is configured to be received by a positioning system device of the mobile device;

determine the user'"'"'s location when the user is located inside the facility based on receiving a response signal from the user mobile device indicating receipt of the wireless proximity signal of the one or more proximity marker devices;

access a categorization database;

determine a time of day;

using the categorization database, determine that the user'"'"'s location is associated with a plurality of categories for the determined time of day, wherein the plurality of categories are determined based on at least the response signal from the user mobile device;

suggest the plurality of categories based on the user'"'"'s location and the determined time of day based on products and/or services that the merchant provides;

prompt the user to categorize at least one component of the transaction;

receive a category from the user for the at least one component of the transaction;

receive instructions, from the mobile device, to process the transaction and associate the received category with the at least one component of the transaction;

in response to the instructions from the mobile device, initiate storing the category in association with the at least one component of the transaction in a categorization database; and

in response to the instructions from the mobile device, process the transaction.

20. The method of claim 19, the method further comprising:

authorizing the transaction when the user categorizes at least one component of the transaction.

21. The method of claim 19, the method further comprising:

determining whether the transaction meets predefined criteria, wherein the predefined criteria comprise an amount, a time, a merchant, and a location; and

prompting the user to categorize at least one component of the transaction when the transaction meets the predefined criteria.