Method and system for determining affiliation of foreign payment card holders with domestic educational institutions

US9858629B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Edward Lee · Scarsdale, US
• Tong Zhang · Zhejiang, CN
• Qian Wang · San Jose, US

Key dates

• Filing date: Nov 17, 2014
• Grant date: Jan 2, 2018
• Expiry date: May 15, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/34
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and a system are provided determining affiliation of foreign payment card holders (e.g., students) with domestic educational institutions (e.g., universities and colleges). In particular, the present disclosure provides a method and a system for assessing the relative degree of proximity of the residential geolocation of the foreign payment card holders and the geolocation of the domestic educational institutions to facilitate determining whether the foreign payment card holders are affiliated with the domestic educational institutions, and also for assessing purchasing and payment behavior of the foreign payment card holders at domestic merchants. Predictive behavioral profiles are generated based on the purchasing and payment activities and shopping patterns of the foreign payment card holders by date at the domestic merchants, and the relative degree of proximity of the residential geolocation of the foreign payment card holders with the geolocation of the domestic educational institutions.