View source for US Patent Application 18449500. SYSTEM, METHOD, AND NON-TRANSITORY COMPUTER-READABLE STORAGE MEDIA FOR RECOMMENDING MERCHANTS simplified abstract

=SYSTEM, METHOD, AND NON-TRANSITORY COMPUTER-READABLE STORAGE MEDIA FOR RECOMMENDING MERCHANTS=


==Organization Name==

[[:Category:Mastercard International Incorporated|Mastercard International Incorporated]]


[[Category:Mastercard International Incorporated]]

==Inventor(s)==

[[:Category:Christopher J. Merz of Wildwood MO (US)|Christopher J. Merz of Wildwood MO (US)]][[Category:Christopher J. Merz of Wildwood MO (US)]]

[[:Category:Walter Lo Faro of Chesterfield MO (US)|Walter Lo Faro of Chesterfield MO (US)]][[Category:Walter Lo Faro of Chesterfield MO (US)]]

[[:Category:Adam K. Hosp of Lake Saint Louis MO (US)|Adam K. Hosp of Lake Saint Louis MO (US)]][[Category:Adam K. Hosp of Lake Saint Louis MO (US)]]

[[:Category:Matthew Richard Stocke of Glendale MO (US)|Matthew Richard Stocke of Glendale MO (US)]][[Category:Matthew Richard Stocke of Glendale MO (US)]]

[[:Category:Stephen P. Hendrix of Saint Charles MO (US)|Stephen P. Hendrix of Saint Charles MO (US)]][[Category:Stephen P. Hendrix of Saint Charles MO (US)]]

[[:Category:Robert T. Grothe, Jr. of Kirkwood MO (US)|Robert T. Grothe, Jr. of Kirkwood MO (US)]][[Category:Robert T. Grothe, Jr. of Kirkwood MO (US)]]

==SYSTEM, METHOD, AND NON-TRANSITORY COMPUTER-READABLE STORAGE MEDIA FOR RECOMMENDING MERCHANTS - A simplified explanation of the abstract==


This abstract first appeared for US patent application 18449500 titled 'SYSTEM, METHOD, AND NON-TRANSITORY COMPUTER-READABLE STORAGE MEDIA FOR RECOMMENDING MERCHANTS

==Simplified Explanation==

- The patent application describes a computer system that recommends merchants to cardholders.
- The system receives transaction information from a payment network, including data on purchases made by cardholders at different merchants.
- The system also takes into account the preferences of the cardholders for specific merchants.
- It determines a rank for each merchant based on the transaction information and cardholder preferences.
- Additionally, it determines a neutral rank for each merchant based on the transaction information and the preferences of all cardholders.
- The system calculates a score for each merchant by comparing its rank to the neutral rank.


==Original Abstract Submitted==

A computer system for recommending merchants to a candidate cardholder is provided. The computer system includes a memory device and a processor. The processor receives transaction information for a plurality of cardholders from a payment network. The transaction information includes data relating to purchases made by the cardholders at a plurality of merchants, where the purchases satisfy a first criteria. The processor also receives candidate cardholder preference information for at least one of the merchants input by the candidate cardholder. The processor further determines a merchant rank for each merchant based on the received transaction information and the candidate cardholder preference information, and determines a neutral merchant rank for each merchant based on the received transaction information and neutral cardholder preferences of the plurality of cardholders. The processor also determines a merchant score for each of the plurality of merchants by comparing the merchant rank to the neutral merchant rank.



[[Category:G06Q30/0601]]
[[Category:G06Q30/0282]]