Merchant data cleansing in clearing record

A method of intermediating cashless transactions from an acquirer involving a payment device issued by an issuer, the method comprising:

• receiving a transaction request from the acquirer on behalf of a merchant in a transaction clearing record, the transaction request including data identifying the merchant and the payment device;
• searching a first database including cleansed merchant data entries to determine if a merchant entry exists in the first database matching the data identifying the merchant included in the transaction request;
• in response to determining that a match exists in the first database between a cleansed merchant data entry and the data identifying the merchant in the transaction request, determining whether the data identifying the merchant in the transaction request should be substituted with the matching cleansed merchant data entry;
• in response to determining that the data identifying the merchant should be substituted with the matching cleansed merchant data entry, performing the data substitution;
• forwarding the transaction request to the issuer of the payment device and soliciting payment on the transaction request;
• receiving a chargeback request from the of the payment device issuer pertaining to a cleared transaction request;
• determining whether the data identifying the merchant in the cleared transaction request had been substituted with the matching cleansed merchant data entry;
• in response to determining affirmatively that the data identifying the merchant in the cleared transaction request had been substituted with the matching cleansed merchant data entry, reversing the substitution;
• and
• forwarding the chargeback request to the acquirer of the cleared transaction.

A system for intermediating cashless transactions from an acquirer involving a payment device issued by an issuer, the system comprising:

• a processor;
• and
• a computer-readable storage medium having a program of instruction thereon, which when executed by the processor cause the system to
• receive a transaction request from the acquirer on behalf of a merchant in a transaction clearing record, the transaction request including data identifying the merchant and the payment device;
• search a first database including cleansed merchant data entries to determine if a merchant entry exists in the database corresponding with the data identifying the merchant included in the transaction request;
• in response to determining that a match exists in the first database between a cleansed merchant data entry and the data identifying the merchant in the transaction request, determine whether the data identifying the merchant in the transaction request should be substituted with the matching cleansed merchant data entry;
• in response to determining that the data identifying the merchant should be substituted with the matching cleansed merchant data entry, perform the data substitution;
• and
• forward the transaction request including the substituted cleansed merchant data to the issuer of the payment device and soliciting payment on the transaction request including the substituted cleansed merchant data.

A system for intermediating cashless transactions from an acquirer involving a payment device issued by an issuer, the system comprising:

• a processor;
• and
• a computer-readable storage medium having a program of instruction thereon, which when executed by the processor cause the system to:
• receive a transaction request from the acquirer on behalf of a merchant in a transaction clearing record, the transaction request including data identifying the merchant and the payment device;
• search a first database including cleansed merchant data entries to determine if a merchant entry exists in the database corresponding with the data identifying the merchant included in the transaction request;
• in response to determining that a match exists in the first database between a cleansed merchant data entry and the data identifying the merchant in the transaction request, determine whether the data identifying the merchant in the transaction request should be substituted with the matching cleansed merchant data entry;
• in response to determining that the data identifying the merchant should be substituted with the matching cleansed merchant data entry, perform the data substitution;
• forward the transaction request including the substituted cleansed merchant data to the issuer of the payment device and soliciting payment on the transaction request;
• receive a chargeback request from the issuer of the payment device pertaining to a cleared transaction request;
• determine whether the data identifying the merchant in the cleared transaction request had been substituted with the matching cleansed merchant data entry;
• in response to determining affirmatively that the data identifying the merchant in the cleared transaction request had been substituted with the matching cleansed merchant data entry, reverse the substitution;
• and
• forward the chargeback request to the acquirer of the cleared transaction.

A non-transitory computer-readable storage medium having a program of instruction thereon, which when executed by a processor cause the processor to:

• receive a transaction request from the acquirer on behalf of a merchant in a transaction clearing record, the transaction request including data identifying the merchant and the payment device;
• search a first database including cleansed merchant data entries to determine if a merchant entry exists in the first database corresponding with the data identifying the merchant included in the transaction request;
• in response to determining a match exists in the first database between a cleansed merchant data entry and the data identifying the merchant in the transaction request, determine whether the data identifying the merchant in the transaction request should be substituted with the matching cleansed merchant data entry;
• in response to determining that the data identifying the merchant should be substituted with the matching cleansed merchant data entry, perform the data substitution;
• and
• forward the transaction request including the substituted cleansed merchant data to the issuer of the payment device and soliciting payment on the transaction request including the substituted cleansed merchant data.

A non-transitory computer-readable storage medium having a program of instruction thereon, which when executed by a processor, cause the processor to:

• receive a transaction request from an acquirer on behalf of a merchant in a transaction clearing record, the transaction request including data identifying the merchant and a payment device;
• search a first database including cleansed merchant data entries to determine if a merchant entry exists in the first database corresponding with the data identifying the merchant included in the transaction request;
• in response to determining a match exists in the first database between a cleansed merchant data entry and the data identifying the merchant in the transaction request, determine whether the data identifying the merchant in the transaction request should be substituted with the matching cleansed merchant data entry;
• in response to determining that the data identifying the merchant should be substituted with the matching cleansed merchant data entry, perform the data substitution;
• forward the transaction request including the substituted cleansed merchant data to the issuer of the payment device;
• receive a chargeback request from the issuer of the payment device pertaining to a cleared transaction request;
• determine whether the data identifying the merchant in the cleared transaction request had been substituted with the matching cleansed merchant data entry;
• in response to determining that the data identifying the merchant in the cleared transaction request had been substituted with the matching cleansed merchant data entry, reverse the substitution;
• and
• forward the chargeback request to the acquirer of the cleared transaction.