METHOD AND SYSTEM FOR ONLINE COMMERCE ANALYSIS
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United States of America Patent
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Issued Date -
Jan 7, 2016
app pub date -
Jul 1, 2014
filing date -
Jul 1, 2014
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system for analyzing spending data includes a receiving device and a processing device. The receiving device is configured to receive transaction data for a plurality of payment transactions for a plurality of consumers, wherein the transaction data for each of the plurality of payment transactions includes at least purchase data and a payment transaction type. The processing device is configured to: categorize the transaction data from the storage device based on the payment transaction type; generate a filtered list of transaction data including transaction data for payment transactions conducted online; and analyze, for each of the payment transactions included in the filtered list of transactions, spending behaviors based on the associated transaction data, wherein analyzing spending behaviors includes categorizing the plurality of consumers based on frequency of payment transactions conducted online.
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