System and Method for Authenticating a Location of a Payment Acceptance Device

A computer-implemented method for authenticating a location of a payment acceptance device relating to a merchant, the method comprising:

• receiving, by at least one processor, a transaction request comprising merchant data, the merchant data identifying the payment acceptance device and location information identifying a location at which the transaction request is initiated;
• retrieving, from a database, a payment acceptance device identifier based on the merchant data, the payment acceptance device identifier being associated in the database with a location at which the payment acceptance device is registered;
• and
• authenticating the location of the payment acceptance device by comparing the location information and the location identified by the payment acceptance device identifier.

A non-transitory computer-readable storage medium having stored thereon computer program instructions which, when executed by at least one processor, cause the at least one processor to:

• receive a transaction request comprising merchant data, the merchant data identifying the payment acceptance device and location information identifying a location at which the transaction request is initiated;
• retrieve, from a database, a payment acceptance device identifier based on the merchant data, the payment acceptance device identifier being associated in the database with a location at which the payment acceptance device is registered;
• and
• authenticate the location of the payment acceptance device by comparing the location information and the location identified by the payment acceptance device identifier.