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AssigneeWal-Mart Stores, Inc.
InventorsJoseph Y. Wang, Venkata Syam Prakash Rapaka, Vivek Parekh, Paul Kay Hatch, Ronald G. Benson, Srirama M. Bolla
Estimating the term…
Systems and methods are disclosed for evaluating a transaction concluded at a POS (point of sale) device. Prices for competitive retail stores within a geographic region of the POS may be evaluated after concluding a transaction. Price differences between items and corresponding prices in the third party data are identified. Where the purchase price exceeds the corresponding third-party price, a credit is assigned to the customer, such as in the form of a gift card or code that may be redeemed in a subsequent transaction. Credits may also be assigned to a debit card associated with a user, either with or without applying some multiplier. Transactions may be compared to past transaction of a user in order to detect fraud. Recent activity may be flagged as potentially fraudulent and reviewed before providing a credit.
A system comprising one or more processors and one or more memory devices operably coupled to the one or more processors, the one or more memory devices storing executable and operational code effective to cause the one or more memory devices to:
A computer program product, the computer program product being embodied in a non-transitory computer readable storage medium and comprising computer instructions for:
Dependencies are inferred from the claim text.