| 摘要 |
A method for automated settlement of cardholder rebates includes: storing account profiles, each profile including data related to a merchant transaction account associated with a merchant registered in a rewards program including a merchant identifier and merchant funding rate; receiving a transaction message for a payment transaction, the transaction message including a plurality of data elements configured to store data associated with a transaction amount, transaction time and/or date, transaction account number, and specific merchant identifier; identifying a specific account profile including the specific merchant identifier; calculating a rebate amount based on the transaction amount; generating a data file, the data file including a transaction data entry associated with the payment transaction including the transaction time and/or date, transaction amount, specific merchant identifier, and calculated rebate amount; and automatically transmitting the data file to a financial institution associated with the merchant transaction account related to the specific account profile. |
| 主权项 |
1. A method for automated settlement of cardholder rebates, comprising:
storing, in a profile database, a plurality of account profiles, wherein each account profile includes data related to a merchant transaction account associated with a merchant registered in a rewards program including at least a merchant identifier and a merchant funding rate; receiving, by a receiving device, a transaction message for a payment transaction, wherein the transaction message includes a plurality of data elements configured to store data associated with at least a transaction amount, a transaction time and/or date, a transaction account number, and a specific merchant identifier; identifying, by a processing device, a specific account profile stored in the profile database where the included merchant identifier corresponds to the specific merchant identifier included in the received transaction message; calculating, by the processing device, a rebate amount based on at least the transaction amount included in the received transaction message; generating, by the processing device, a data file, wherein the data file includes at least a transaction data entry associated with the payment transaction including at least the transaction time and/or date, transaction amount, and specific merchant identifier included in the received transaction message and the calculated rebate amount; and automatically transmitting, by a transmitting device, the generated data file to a financial institution associated with the merchant transaction account related to the specific account profile. |
