SYSTEM AND METHOD FOR DETERMINING MERCHANT LOCATION AND AVAILABILITY USING TRANSACTION DATA

Patent №

US 9,934,511

Granted

2018-04-03

Filed 2012

Owner

MASTERCARD INTERNATIONAL INCORPORATED

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

13538305

A method for determining merchant availability is provided. The method includes storing in an electronic storage device a database of merchant transactions; accessing information in the database concerning the transactions, including time of the transactions and locations for merchants participating in the transactions, and assembling the information to provide locations where a merchant is currently available for conducting business. A computer readable non-transitory storage medium storing instructions of a computer program, which when executed by a computer system, results in performance of steps of the method.

AI classification

Planning0.54
Vision0.01
Natural language0.01
Evolutionary computation0.00
AI hardware0.00
Machine learning0.00
Knowledge representation0.00
Speech0.00

Ownership

MASTERCARD INTERNATIONAL INCORPORATED

assignment · 284710936

Assignors

GROARKE, PETER

On an employer assignment, the assignors are typically the inventors.

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