Processing platform
AssigneeNationsBenefits, LLC
InventorsGlenn Marc Parker, Michael Ethan Parker, Larry Christopher Van Der Veen, Grahame Andrew Jastrebski, Ming Ouyang
Life of this patent
Estimating the term…
Abstract
Methods, systems, and storage media for processing transaction data are disclosed. Exemplary implementations may: receive transaction data wherein the transaction data is associated with the product purchased; analyze the transaction data; determine product eligibility for payment based on the program rules associated with the product purchased; and generate a transaction message indicating that the product or service was purchased.
Claims20
A computer-implemented method for processing transaction data, the method comprising:
- receiving transaction data wherein the transaction data is associated with a product purchased, wherein the purchase comprises a transaction identifier;
- 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 purchased associated with each of the plurality of transactions, and
- determining product eligibility for payment based on the program rules associated with the product purchased;
- and
- generating a transaction message indicating that the product or service was purchased, wherein the transaction message comprises a transaction identifier.
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 purchased, wherein the transaction data is generated based on a purchase with a purchase card, wherein the purchase is completed at a point of sale, wherein the purchase comprises a transaction identifier;
- 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 purchased associated with each of the plurality of transactions, and
- determining product eligibility for payment based on the program rules associated with the product 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 purchased, wherein the transaction data is generated based on a purchase with a purchase card, wherein the purchase is completed at a point of sale, wherein the purchase comprises a transaction identifier;
- auditing of the transaction data associated with the transaction identifier, wherein auditing the transaction data comprises matching the product with pricing data associated with the product;
- 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 purchased associated with each of the plurality of transactions, and
- determining product eligibility for payment based on the program rules associated with the product purchased;
- and
- generating a transaction message indicating that the product or service was purchased. wherein the transaction message comprises a transaction identifier.
Dependencies are inferred from the claim text.