Patent ID: 9105020
Filing Date: 2015-08-11
Classification: G06Q

Abstract:
1. A transaction processing system for evaluating transactions between a customer and a merchant, the customer being associated with a plurality of accounts, the system comprising: a transaction tracker that identifies a transaction executed by a customer using a transaction device, the transaction device being operable to execute a transaction with a point of sale receiver associated with the merchant by providing an account number for a first account of the plurality of accounts; an account selection engine that: receives information identifying a merchant name, a merchant category, a product name, a product category, and an amount of the transaction; determines a plurality of selection rules associated with the customer; determines user criteria selected by the customer, the user criteria comprising one or more weights of the plurality of selection rules; and selects a recommended account based on the merchant name, the merchant category, the product name, the product category, the amount of the transaction, the selection rules, and the user criteria; and a performance module that: compares the first account with the recommended account; based on the comparison of the first account with the recommended account, determines that the recommended account is the same as the first account used for the transaction; determines that enabling a rewards program associated with the first account provides the customer with a financial benefit; based on the determination that enabling the rewards program associated with the first account provides the customer with the financial benefit, proposes enabling the rewards program associated with the first account; compares the user criteria selected by the customer and default criteria; and based on comparing the user criteria selected by the customer and default criteria, proposes changing the user criteria.