Reported location correction system

US10565573B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Alexei Fomitchev · Foster City, US
• Aleksander Epelman · Foster City, US
• Nelli Kayton · Foster City, US
• Suresh Pulikara · Foster City, US
• Mahesh V. Joshi · Foster City, US
• John Wu · Santa Clara, US
• Xiaoxu Lu · Foster City, US

Key dates

• Filing date: May 10, 2016
• Grant date: Feb 18, 2020
• Expiry date: May 19, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/409
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In one embodiment, the location or zip code of purchasers in a card present electronic transaction may be reviewed and compared to the reported location or zip code of a merchant. If the difference or variance from the customer zip code or location to the customer location or zip code is over a threshold, the merchant is indicating as requiring additional attention.