Patent · US Active

Processing monitor system and method

US8666863B2 · kind B2 · utility

0Cited by
1References
21Claims
0Family size

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Inventors

Key dates

Filing dateJun 29, 2012
Grant dateMar 4, 2014
Priority date
Expiry dateJul 11, 2032

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Systems and methods for monitoring transaction data and providing an indication regarding a performance parameter to a payment processing entity. Transaction data associated with a plurality of transactions conducted during a time interval is received. A server computer determines that the received transaction data meets a threshold. It is further determined whether a previous indication that the threshold has been met was provided to a payment processing entity, the previous indication being associated with a plurality of previous transactions conducted during a previous time interval. If the previous indication was not provided, an indication that the threshold has been met is provided to the payment processing entity, the indication including information regarding a performance parameter of the payment processing entity.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.