Multi-party payment card processing systems and methods with friendly fraud detection
US11282073B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Oct 12, 2017 |
| Grant date | Mar 22, 2022 |
| Priority date | — |
| Expiry date | May 11, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0609
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An electronic payment card processing system and method includes at least one host computing device having at least one processor in communication with a memory device and a multi-party payment processing system and network for processing payment card transactions. The at least one host computing device retrieves delivery data for a purchased item associated with at least one disputed charge by a cardholder of a payment card transaction that was previously approved through the multi-party payment processing system, and analyzes the retrieved delivery data to determine a basis for the at least one disputed charge including whether the at least one disputed charge is friendly fraud.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.