Consumer Purchase Database Assistance

摘要

This present invention provides an interface at the time of a transaction that communicates with at least one database that contains information regarding the consumer's available payment options. The system then compares the characteristics with various factors regarding the retailer or purchase to match the most suitable payment option with the transaction, and provides that information to the consumer or retailer.

主权项

1. A system for the selection of a payment method in a transaction, the system comprising:
a transaction module that collects the information about a transaction and information about the consumer in said transaction, a querying module that queries said payment database for characteristics related to at least one payment method available to said consumer, a reception module that receives data regarding the at least one payment method from said payment database, and a selection module that selects the most suitable payment method for the transaction based on the information about said transaction, information about said consumer, and said characteristics.