US 2014/0156527 A1 · PRE-PAYMENT AUTHORIZATION CATEGORIZATION

Abstract

Systems, methods, and computer program products are provided for categorizing transactions prior to 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 to receive an input from a user associated with a component of a future transaction; determine that the user is conducting a transaction; determine a category associated with the input; associate the category with the transaction that is being conducted by the user; and store the category in association with the transaction. In some embodiments, the user provides the input by scanning a product or service using a mobile device. In further embodiments, the system determines the category by evaluating the product or service, evaluating previous categories identified at the user's location, or some combination thereof.

Claims21

Dependent claims

A system for categorizing transactions prior to authorization, the system comprising:

a computer apparatus including a processor and a memory;
and
a software module stored in the memory, comprising executable instructions that when executed by the processor cause the processor to:
receive an input of a product or service using a mobile device;
determine that the user is conducting a transaction;
determine a time duration between a time the input was received and a time the transaction was initiated;
determine a category associated with the product or service;
associate the category with the transaction when the time duration between the time the input was received and the time the transaction was initiated is less than a predetermined time duration;
and
store the category in association with the transaction.

7 more elements

A computer program product for categorizing transactions prior to authorization, the computer program product comprising:

a processor and
non-transitory memory combined with the processor, wherein the memory comprises:
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, executable by the processor, and configured to receive an input of a product or service using a mobile device;
a computer readable program code, executable by the processor, and configured to determine that the user is conducting a transaction;
a computer readable program code, executable by the processor, and configured to determine a time duration between a time the input was received and a time the transaction was initiated;
a computer readable program code, executable by the processor, and configured to determine a category associated with the product or service;
a computer readable program code, executable by the processor, and configured to associate the category with the transaction when the time duration between the time the input was received and the time the transaction was initiated is less than a predetermined time duration;
and
a computer readable program code, executable by the processor, and configured to store the category in association with the transaction.

7 more elements

Dependencies are inferred from the claim text.

Pre-payment authorization categorization

Life of this patent

Pre-payment authorization categorization

Life of this patent

Abstract

Claims21