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1. (WO2018085012) SYSTEMS AND METHODS FOR CREATING AND MONITORING GEOFENCE ZONES

Pub. No.:    WO/2018/085012    International Application No.:    PCT/US2017/056011
Publication Date: Sat May 12 01:59:59 CEST 2018 International Filing Date: Thu Oct 12 01:59:59 CEST 2017
IPC: G06Q 20/40
G06Q 20/32
Applicants: MASTERCARD INTERNATIONAL INCORPORATED
Inventors: UNNERSTALL, Rick
DICKINSON, Bradley, Kenneth
Title: SYSTEMS AND METHODS FOR CREATING AND MONITORING GEOFENCE ZONES
Abstract:
A geofence computing device for creating and monitoring geofence zones is described herein. The geofence computing device includes a processor and a memory. The processor is configured to receive geofence data from the user device, the geofence data including a user defined geofence zone and a geofence rule. The processor is also configured to receive transaction data. The processor is further configured to determine a geographic location of the merchant. The processor is also configured to retrieve the geofence data from the memory and compare the merchant geographic location to the user defined geofence zone. The processor is further configured to apply the geofence rule based on the comparison of the merchant geographic location to the user defined geofence zone. The processor is also configured to add a flag to the authorization request message indicating whether the transaction satisfies or violates the geofence rule.