Invention Grant
- Patent Title: Customized financial transaction pricing
- Patent Title (中): 定制金融交易定价
-
Application No.: US12264789Application Date: 2008-11-04
-
Publication No.: US08010429B2Publication Date: 2011-08-30
- Inventor: James Anderson
- Applicant: James Anderson
- Applicant Address: US NY New York
- Assignee: American Express Travel Related Services Company, Inc.
- Current Assignee: American Express Travel Related Services Company, Inc.
- Current Assignee Address: US NY New York
- Agency: Snell & Wilmer L.L.P.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Enabling innovative merchant transaction pricing capability, while improving pricing process efficiency, is disclosed. When a merchant submits financial transaction account records to a payment processor for payment, the payment processor utilizes granular transaction data to calculate complex merchant transaction pricing rules. The system accesses individual transaction data, aggregate transaction data, transaction history, customer data, merchant data and product data to enable flexible, innovative and dynamic pricing capabilities that increase revenue and increase customer satisfaction.
Public/Granted literature
- US20100114713A1 CUSTOMIZED FINANCIAL TRANSACTION PRICING Public/Granted day:2010-05-06
Information query