Patent ID: 8285610

Claim:
A system for determining the quality of merchant supplied enhanced data related to financial transactions performed by holders of financial presentation devices that are presentable to a plurality of merchants for purchasing items of goods or services, the system comprising: a memory storing a plurality of enhanced transaction data (ETD) records with each ETD record having a plurality of fields, the memory further storing quality check criteria for determining the quality of enhanced transaction data contained in the ETD records without regard to the items purchased, wherein the quality check criteria contains for each selected field a condition which the each selected field either passes or fails and wherein at least one of the conditions contained in the quality check criteria is whether a particular field contains an alphanumeric value; a processor coupled to the memory; a quality determination module executable by the processor and adapted to determine a quality rating of the plurality of ETD records based on the stored quality check criteria; wherein for each ETD record the quality determination module: determines a quality of data contained in selected fields of the each ETD record based on the stored quality check criteria for each ETD record; determines an overall quality of the plurality of ETD records according to the determined quality of data for each of the ETD records; and determines the quality of data contained in the each ETD record based on the number of selected fields that pass the conditions of the quality check criteria.