METHODS AND SYSTEMS FOR IMPROVING ACCURANCY OF MERCHANT AGGREGATION

摘要

A method and a system that involve retrieving, from one or more databases, a first set of information including merchant aggregated payment card transaction data, and retrieving, from one or more databases, a second set of information including merchant hierarchical organizational structure. The method and the system further involve analyzing the first set of information and the second set of information to identify one or more associations between the merchant aggregated payment card transaction data and the merchant hierarchical organizational structure, and updating the merchant aggregated payment card transaction data based on the one or more associations. The method and the system provide up-to-date merchant identification information to enable accurate merchant aggregation. The method and the system leverage consumer payment transaction data and up-to-date merchant organizational structure information in a way that enables accurate 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; retrieving, from one or more databases, a second set of information including merchant hierarchical organizational structure; analyzing the first set of information and the second set of information to identify one or more associations between the merchant aggregated payment card transaction data and the merchant hierarchical organizational structure; and updating the merchant aggregated payment card transaction data based on the one or more associations.