METHOD AND SYSTEM FOR VALIDATION OF MERCHANT AGGREGATION

摘要

A method and system that involve retrieving, from one or more databases, a first set of information including merchant aggregated payment card transaction data for a defined time period, and retrieving, from one or more databases, a second set of information including merchant reported sales data for the defined time period. The method and system further involve analyzing the first set of information and the second set of information to generate a correlation coefficient for the defined time period, and assessing the merchant aggregated payment card transaction data based on the correlation coefficient. The method and system enable validation or verification of merchant aggregation, e.g., determining if merchant aggregation is optimal or above a predetermined threshold value. The method and system leverage consumer payment transaction data and merchant sales information in a way so as to enable validation or verification of merchant aggregation.

主权项

1. A method comprising:
retrieving, from one or more databases, a first set of information including merchant aggregated payment card transaction data for a defined time period; retrieving, from one or more databases, a second set of information including merchant reported sales data for the defined time period; analyzing the first set of information and the second set of information to generate a correlation coefficient for the defined time period; and assessing the merchant aggregated payment card transaction data based on the correlation coefficient.