METHOD AND APPARATUS FOR PERFORMING TRANSACTION ITEM IDENTIFICATION

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20160260177A1
SERIAL NO

14636601

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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System and methods for determining items purchased in a transaction are described. Transaction information, such as a transaction amount, transaction location, and merchant ID may be used to generate a pre-tax transaction amount. A website affiliated with a transacted merchant may be parsed to determine whether one or more single items, or combinations of items, have prices that alone or when summed equal the pre-tax transaction amount. The items may be assigned probability values based on clustering and consumer profiling and an item ID may be stored for each item having the highest probability value.

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Patent Owner(s)

Patent OwnerAddress
MASTERCARD INTERNATIONAL INCORPORATED2000 PURCHASE STREET PURCHASE NY 10577

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Siegel, Harrison R White Plains, US 1 0

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