Systems and Methods for Aggregating Consumer-Specific Transactions Associated With a Social Venture

摘要

Exemplary systems and methods for aggregating consumer-specific transactions made to member merchants associated with a social venture are disclosed. One exemplary method includes distributing a merchant computing device to each of multiple member merchants associated with a social venture and capturing and storing, in memory, multiple transactions from the merchant computing devices, during a social venture period. At least two of the multiple transactions involve a consumer account. The exemplary method further includes aggregating the at least two transactions to the consumer account into a single transaction and submitting the single transaction to an acquirer to be settled.

主权项

1. A system for aggregating consumer-specific transactions with a plurality of first parties associated with a social venture, the system comprising:
an organizer computing device including a memory and a processor coupled to the memory, the memory having a ledger data structure and computer-executable instructions that when executed by the processor to cause the processor to: for each transaction within a social venture period,
receive transaction request data from one of said plurality of first parties to complete a transaction to an account associated with a second party;transmit authorization request data to a payment network, the authorization request data including an organizer identifier;record the transaction to the ledger data structure, in the memory, when authorization response data from a third party indicates the transaction is approved; aggregate transactions to each of a plurality of accounts associated with respective second parties and, after the social venture period, submit one transaction for each account associated with each respective second party for settling by a fourth party; and remit payment to each of the plurality of first parties for the transactions to the respective ones of the plurality of first parties.