Processing platform

A system configured for processing transaction data, the system comprising:

• one or more hardware processors configured by machine-readable instructions to:
• receive transaction data, wherein the transaction data is associated with a product or service purchased,
• wherein
• the transaction data is generated based on a purchase with a payment instrument,
• the purchase is completed at a point of sale, wherein the purchase comprises a transaction identifier, and
• the transaction data comprises information regarding products or services desired to be purchased and information to identify an open-loop transaction, prior to initiation of the open-loop transaction;
• analyze the transaction data, wherein analyzing the transaction data includes:
• aggregating transaction data from a plurality of transactions,
• identifying program rules associated with the product or service purchased associated with each of the plurality of transactions, and
• determining product or service eligibility for payment based on the program rules associated with the product or service purchased;
• and
• generate a transaction message indicating that the product or service was purchased, wherein the transaction message comprises a transaction identifier.

A non-transient computer-readable storage medium having instructions embodied thereon, the instructions being executable by one or more processors to perform a method for processing transaction data, the method comprising:

• receiving transaction data wherein the transaction data is associated with a product or service purchased,
• wherein
• the transaction data is generated based on a purchase with a payment instrument,
• the purchase is completed at a point of sale, wherein the purchase comprises a transaction identifier, and
• the transaction data comprises information regarding products or services desired to be purchased and information to identify an open-loop transaction, prior to initiation of the open-loop transaction;
• auditing of the transaction data associated with the transaction identifier, wherein auditing the transaction data comprises matching the product or service with pricing data associated with the product or service;
• analyzing the transaction data, wherein analyzing the transaction data includes:
• aggregating transaction data from a plurality of transactions,
• identifying program rules associated with the product or service purchased associated with each of the plurality of transactions, and
• determining product or service eligibility for payment based on the program rules associated with the product or service purchased;
• and
• generating a transaction message indicating that the product or service was purchased, wherein the transaction message comprises a transaction identifier.