Systems and methods for creating and monitoring geofence zones

US10867300B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Rick Unnerstall · O'Fallon, US
• Bradley Kenneth Dickinson · O'Fallon, US

Key dates

• Filing date: Nov 3, 2016
• Grant date: Dec 15, 2020
• Expiry date: Sep 8, 2038

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04W4/021
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

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.