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1. CA2745886 - AUTOMATED MERCHANT PERFORMANCE RATING FOR PAYMENTS ON ACCOUNT

Office Canada
Application Number 2745886
Application Date 08.12.2009
Publication Number 2745886
Publication Date 08.07.2010
Publication Kind A1
IPC
G PHYSICS
06
COMPUTING; CALCULATING; COUNTING
Q
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20
Payment architectures, schemes or protocols
G06Q 20/00
CPC
G06Q 40/02
G06Q 20/40
Applicants VISA U.S.A. INC.
Inventors KARDOKAS, LAIMA
Priority Data 12632423 07.12.2009 US
61/120,792 08.12.2008 US
Title
(EN) AUTOMATED MERCHANT PERFORMANCE RATING FOR PAYMENTS ON ACCOUNT
(FR) EVALUATION DE PERFORMANCES DE MARCHAND AUTOMATISEE POUR PAIEMENTS SUR COMPTE
Abstract
(EN)
A business derives its cost to pay accounts payable (A/P) with a corporate card versus other payment methods, which derivation may be pre-populated by a general category. The business identifies each merchant to whom the business owes A/P who but does not accept the corporate card. A weighting factor is derived for each such merchant from costs of paying with and without the corporate card, as well as from its history of past payments to the merchant. The benefit to the business is derived, using the corresponding weighting factor, for each such merchant in paying the corresponding A/P to the merchant with the corporate card. Where the benefit exceeds a predetermined threshold, information is sent to each such merchant sufficient for the merchant to receive payment of the corresponding A/P with the corporate card.

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