- Patent Title: Merchant continuity correction using cardholder loyalty information
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Application No.: US13875803Application Date: 2013-05-02
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Publication No.: US10262358B2Publication Date: 2019-04-16
- Inventor: Steve Oshry , Justin Xavier Howe
- Applicant: MasterCard International Incorporated
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Agency: Budzyn IP Law, LLC
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A computer-implemented method of maintaining continuity of transaction data associated with a merchant within a payment card network includes identifying new merchant IDs and associated new merchant information from a database, the new merchant IDs and associated new transactions generated after a predetermined timestamp; and identifying discontinued merchant IDs and associated discontinued merchant information from the database, the discontinued merchant IDs associated only with older transactions generated before the predetermined timestamp and thus appearing to have been discontinued after the predetermined timestamp. The method further includes linking a new merchant ID to a discontinued merchant ID based on continued loyalty of payment card holders, the linked pair of new merchant and discontinued merchant ID having common payment card accounts associated therewith, thereby maintaining continuity of transaction data associated with the merchant corresponding to the linked pair of new and discontinued merchant IDs.
Public/Granted literature
- US20140330690A1 MERCHANT CONTINUITY CORRECTION USING CARDHOLDER LOYALTY INFORMATION Public/Granted day:2014-11-06
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