Systems and methods for retrieving online merchant terms of a merchant and associating the same with transactions

A server comprising:

• a memory;
• a display;
• and
• a processor coupled to the memory and the display, the processor configured to:
• retrieve a first version of online merchant terms associated with a merchant;
• store in a database the first version of the online merchant terms;
• apply a time stamp to the first version of the online merchant terms, wherein the time stamp is indicative of a retrieval time and a retrieval date at which the first version of the online merchant terms is retrieved;
• associate the first version of the online merchant terms with the merchant in the database;
• assign the first version of the online merchant terms a first date range in the database, wherein the first date range is indicative of a date range when the first version of the online merchant terms is effective in the database;
• receive information of a first transaction of a user to identify a transaction time and a transaction date of the first transaction, the information of the first transaction comprising the transaction time and the transaction date of the first transaction and a merchant identifier indicating the first transaction as being a transaction from the merchant, wherein the transaction time and the transaction date of the first transaction are identified by extracting the transaction time and the transaction date of the first transaction from the information of the first transaction;
• search, based on the information of the first transaction, the database for the first version of the online merchant terms;
• determine whether the first version of the online merchant terms is applicable to the first transaction, based on the time stamp of the first version of the online merchant terms, the first date range, and the transaction time and the transaction date of the first transaction;
• associate in the database the first version of the online merchant terms with the first transaction upon determining that the first version of the online merchant terms is applicable to the first transaction;
• and
• responsive to receipt of a selection of viewing online merchant terms associated with the first transaction, transmit the first version of the online merchant terms for display to the user.

A method, comprising:

• retrieving, by a server, a first version of online merchant terms associated with a merchant;
• storing, by the server, in a database the first version of the online merchant terms;
• applying, by the server, a time stamp to the first version of the online merchant terms, wherein the time stamp is indicative of a retrieval time and a retrieval date at which the first version of the online merchant terms is retrieved;
• associating, by the server, the first version of the online merchant terms with the merchant in the database;
• assigning, by the server, the first version of the online merchant terms a first date range in the database, wherein the first date range is indicative of a date range when the first version of the online merchant terms is effective;
• receiving, by the server, information of a first transaction of a user to identify a transaction time and a transaction date of the first transaction, the information of the first transaction comprising the transaction time and the transaction date of the first transaction and a merchant identifier indicating the first transaction as be a transaction from the merchant, wherein the transaction time and the transaction date of the first transaction are identified by extracting the transaction time and the transaction date of the first transaction from the information of the first transaction;
• searching, by the server, based on the information of the first transaction, the database for the first version of the online merchant terms;
• determining, by the server, whether the first version of the online merchant terms is applicable to the first transaction, based on the time stamp of the first version of the online merchant terms, the first date range, and the transaction time and the transaction date of the first transaction;
• associating, by the server, in the database the first version of the online merchant terms with the first transaction upon determining that the first version of the online merchant terms is applicable to the first transaction;
• and
• responsive to receipt of a selection of viewing online merchant terms associated with the first transaction, transmit, by the server, the first version of the online merchant terms for display to the user.