主权项 |
1. A method for analyzing geographical pricing for products using transaction data, comprising:
storing, in a product database of a processing server, a plurality of product data entries, wherein each product data entry includes data related to a product including at least a product identifier and a plurality of price values, each price value being associated with a geographic area of a plurality of geographic areas; receiving, by a receiving device of the processing server, a transaction message for a payment transaction via a payment network, wherein the transaction message is formatted based on one or more standards and includes a plurality of data elements including at least a first data element configured to store a geographic location and one or more additional data elements configured to store a specific product identifier and an associated price; extracting, by a processing device of the processing server, the specific product identifier and the associated price stored in the one or more additional data elements included in the received transaction message; executing, by the processing device of the processing server, a query on the product database to identify a specific product data entry where the included product identifier corresponds to the extracted specific product identifier; and updating, by the processing device of the processing server, a specific price value of the plurality of price values included in the identified specific product data entry in the product database based on the extracted associated price, wherein the specific price value is associated with a geographic area that includes the geographic location stored in the first data element included in the received transaction message. |