Christine M Lopez

Address:

5023 N Kostner Ave, Chicago, IL 60630

Phone:

(773)5452478

VIN:

JTNBK46K073007053

Make:

TOYOTA

Model:

CAMRY

Year:

2007

US Patent:

20090234748, Sep 17, 2009

Filed:

Mar 11, 2008

Appl. No.:

12/046222

Inventors:

Dan Skowronek - Parker CO, US
Nicholas Bryla - Castle Rock CO, US
Mira Olson - Boonsboro MD, US
Christine Lopez - Parker CO, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G06Q 20/00
G06Q 30/00
G06Q 10/00

US Classification:

705 21, 705 35, 705 39, 705 34

Abstract:

The embodiments described provide for systems and methods that alert a merchant of increased interchange fees. An increased interchange fee occurs when an electronic transaction, such as a credit card transaction, deviates from a standard set of criteria. For example, the sales person enters the credit card number rather than swipe the magnetic stripe of the credit card. In one embodiment, transaction information is provided to a merchant. The merchant sends the transaction information to an application. If the transaction is non-standard, the application can produce a notification that is sent to the merchant. The merchant may then address the causes of the increased interchange fee.