18371195. AUTOMATIC CATEGORIZATION OF TRANSACTIONS (Motorola Mobility LLC)

AUTOMATIC CATEGORIZATION OF TRANSACTIONS

Organization Name

Motorola Mobility LLC

Inventor(s)

Krishnan Raghavan of Bangalore IN

Nakul Patel of Bangalore IN

Vignesh Karthik Mohan of Bangalore IN

AUTOMATIC CATEGORIZATION OF TRANSACTIONS

This abstract first appeared for US patent application 18371195 titled 'AUTOMATIC CATEGORIZATION OF TRANSACTIONS

Original Abstract Submitted

In aspects of automatic multi-categorization of transactions, an electronic device detects a transaction event in a transaction application linked to a payment application in an application ecosystem. The electronic device determines that a request for a transfer of digital payment of the transaction event is authorized at the payment application. The electronic device records a total value of the digital payment and a transaction identifier to the transaction event. The electronic device receives, from the transaction application via the data communication network of the application ecosystem, line-item details of the transaction event. The electronic device assigns, from a plurality of categories, a category to each item purchased in the transaction event based on analysis of the line-item details.