WO2004042521A3 - Method and system for monitoring electronic transactions - Google Patents

Method and system for monitoring electronic transactions Download PDF

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Publication number
WO2004042521A3
WO2004042521A3 PCT/US2003/034694 US0334694W WO2004042521A3 WO 2004042521 A3 WO2004042521 A3 WO 2004042521A3 US 0334694 W US0334694 W US 0334694W WO 2004042521 A3 WO2004042521 A3 WO 2004042521A3
Authority
WO
WIPO (PCT)
Prior art keywords
interchange
cost
transactions
electronic transactions
monitoring electronic
Prior art date
Application number
PCT/US2003/034694
Other languages
French (fr)
Other versions
WO2004042521A2 (en
Inventor
Kevin Gilson
Dan Lyons
Stephen Trachtulec
Michael Hamian
Barbara Marx
Kevin Mccarthy
Tom Robbins
Walt Dill
Joe Dandrilli
Original Assignee
First Data Corp
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by First Data Corp filed Critical First Data Corp
Priority to CA002504476A priority Critical patent/CA2504476A1/en
Priority to AU2003286817A priority patent/AU2003286817A1/en
Publication of WO2004042521A2 publication Critical patent/WO2004042521A2/en
Publication of WO2004042521A3 publication Critical patent/WO2004042521A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/04—Billing or invoicing
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/12—Accounting

Abstract

A method and system for monitoring electronic transactions (420), such as credit card transactions, to determine whether associated transaction cost, such as interchange fees, are being properly qualified (425). This is accomplished by monitoring for a “spike” in interchange qualifications (430) and generating an alert when one or more spikes are detected (435). Spikes in interchange qualifications are defined as a variation in interchange qualifications compared with an historical level (435). The method and system may also monitor changes in cost or efficiency for others types of transactions in which the cost or efficiency of the transaction is based directly upon one or more variables (435).
PCT/US2003/034694 2002-11-01 2003-10-31 Method and system for monitoring electronic transactions WO2004042521A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
CA002504476A CA2504476A1 (en) 2002-11-01 2003-10-31 Method and system for monitoring electronic transactions
AU2003286817A AU2003286817A1 (en) 2002-11-01 2003-10-31 Method and system for monitoring electronic transactions

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US10/286,667 2002-11-01
US10/286,667 US20040088238A1 (en) 2002-11-01 2002-11-01 Method and system for monitoring electronic transactions

Publications (2)

Publication Number Publication Date
WO2004042521A2 WO2004042521A2 (en) 2004-05-21
WO2004042521A3 true WO2004042521A3 (en) 2004-07-29

Family

ID=32175527

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2003/034694 WO2004042521A2 (en) 2002-11-01 2003-10-31 Method and system for monitoring electronic transactions

Country Status (4)

Country Link
US (3) US20040088238A1 (en)
AU (1) AU2003286817A1 (en)
CA (1) CA2504476A1 (en)
WO (1) WO2004042521A2 (en)

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US10387850B1 (en) 2016-09-23 2019-08-20 Worldpay, Llc Systems and methods for least cost acquirer routing for pricing models
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Also Published As

Publication number Publication date
WO2004042521A2 (en) 2004-05-21
US20090024495A1 (en) 2009-01-22
US20090048688A1 (en) 2009-02-19
CA2504476A1 (en) 2004-05-21
AU2003286817A1 (en) 2004-06-07
US20040088238A1 (en) 2004-05-06
AU2003286817A8 (en) 2004-06-07

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