Reconciling a merchant of record in a mobile wallet feature

A computer program product for reconciling merchants of record in a mobile wallet feature, the computer program product comprising:

• a computer readable non-transitory storage medium having computer readable program code embodied therewith, the computer readable non-transitory storage medium comprising:
• a computer readable program code configured to receive transaction data comprising identification data of an unrecorded merchant that is a party to one or more transactions from a mobile device, the identification data comprising quick response code associated with the unrecorded merchant or an image of a logo associated with the unrecorded merchant;
• a computer readable program code configured to identify mobile payments based on the transaction data, the mobile payments comprising a merchant of record, wherein the merchant of record comprises a provider of the mobile wallet feature, and wherein the merchant of record is not a party to the one or more transactions;
• a computer readable program code configured to compare the mobile payments and the quick response code or the image of the logo of the unrecorded merchant;
• a computer readable program code configured to match the quick response code or the image of the logo with at least one payment of the mobile payments in response to the comparison of the mobile payments and the quick response code or the image of the logo;
• a computer readable program code configured to identify the unrecorded merchant based on the quick response code or the image of the logo;
• and
• a computer readable program code configured to replace the merchant of record with the identified unrecorded merchant in a notification of the mobile payments.

A method for reconciling merchants of record in a mobile wallet feature, the method comprising:

• receiving transaction data comprising identification data of an unrecorded merchant that is a party to one or more transactions from a mobile device, the identification data comprising quick response code associated with the unrecorded merchant or an image of a logo associated with the unrecorded merchant;
• identifying, via a computing device processor, mobile payments based the transaction data, the mobile payments comprising a merchant of record, wherein the merchant of record comprises a provider of the mobile wallet feature, and wherein the merchant of record is not a party to the one or more transactions;
• comparing, via a computing device processor, the mobile payments and the quick response code or the image of the logo of the unrecorded merchant;
• matching, via a computing device processor, the quick response code or the image of the logo with at least one payment of the mobile payments in response to the comparison of the mobile payments and the quick response code or the image of the logo;
• identifying, via a computing device processor, the unrecorded merchant based on the quick response code or the image of the logo;
• and
• replacing, via a computing device processor, the merchant of record with the identified unrecorded merchant in a notification of the mobile payments.

A system for reconciling merchants of record in a mobile wallet feature, the system comprising:

• a computer apparatus including a processor and a memory;
• and
• a merchant identification software module stored in the memory, comprising executable instructions that when executed by the processor cause the processor to:
• receive transaction data comprising identification data of an unrecorded merchant that is a party to one or more transactions;
• identify mobile payments based on the transaction data, the mobile payments comprising a merchant of record, wherein the merchant of record comprises a provider of the mobile wallet feature and wherein the merchant of record is not a party to the one or more transactions;
• compare the mobile payments and the identification data of the unrecorded merchant;
• receive first location information associated with the one or more transactions and second location information associated with the one or more transactions, the second location information comprising a single address;
• determine that no merchants are located in a first geographical area associated with the first location information and identify at least one proximate merchant located closest in distance to the first geographical area;
• identify multiple merchants located in a second geographical area corresponding to the single address and identify a subset of possible merchants from the multiple merchants in the second geographical area based on the transaction data;
• compare the mobile payments and the at least one proximate merchants and compare the mobile payments and the possible merchants;
• match the at least one proximate merchant with at least one first payment of the mobile payments and match at least one of the possible merchants with at least one second payment of the mobile payments in response to the comparison of the mobile payments and the identification data;
• identify the unrecorded merchant based on the identification data;
• and
• replace the merchant of record with the identified unrecorded merchant in a notification of the mobile payments.