Invention Grant
- Patent Title: Methods and systems for tracking a price change for a purchase made using a transaction card
-
Application No.: US13345448Application Date: 2012-01-06
-
Publication No.: US10685384B2Publication Date: 2020-06-16
- Inventor: Donald W. Kemp , Christopher P. Aguas , Brian O'Neale Bettinger , Thomas G. Romary , Hugh Herrick Birch
- Applicant: Donald W. Kemp , Christopher P. Aguas , Brian O'Neale Bettinger , Thomas G. Romary , Hugh Herrick Birch
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Agency: Armstrong Teasdale LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q30/06 ; G06Q50/14

Abstract:
A computer-based method and system for tracking a price change of a purchase made using a transaction card over an interchange network is provided. The interchange network includes a price tracking computer device in communication with a memory device. The method includes receiving, at the interchange network, transaction data associated with a purchase of an item by a cardholder using the transaction card, transmitting via the interchange network an authorization message in response to the purchase of the item, directing at least some of the transaction data to the price tracking computer device including a purchase price of the item, and using the price tracking computer device to track changes in a current asking price of the item, and compare the purchase price of the item to the current asking price of the item.
Public/Granted literature
- US20120226570A1 METHODS AND SYSTEMS FOR TRACKING A PRICE CHANGE FOR A PURCHASE MADE USING A TRANSACTION CARD Public/Granted day:2012-09-06
Information query