Visa International Service Association

Visa U.s.a. Inc.

Alexei Fomitchev

Mahesh Subhash Joshi

Nelli Kayton

John Wu

Xiaoxu Lu

Aleksander Epelman

Suresh Pulikara

In one embodiment, the location or zip code of purchasers in a card present electronic transaction may be reviewed and compared to the reported location or zip code of a merchant. If the difference or variance from the customer zip code or location to the customer location or zip code is over a threshold, the merchant is indicating as requiring additional attention.

Reported location correction system

Apparatus and method for indirectly determining activation status of newly issued financial presentation devices that replace existing financial presentation devices such as credit cards that are about to expire. The apparatus includes a computer device having an account update module that receives an account identifier for an existing credit card, determines a new expiration date associated with a newly issued credit card that replaces the existing credit card, retrieves transaction data associated with the new credit card and examines the expiration date of the retrieved data. If the expiration date associated with the retrieved transaction data matches the new expiration date, then the account update module determines that the newly issued card has been activated.

System and method for providing activation and expiration data associated with newly issued financial presentation devices

Growing community of inventors

Foster City, CA, United States of America

Alexei Fomitchev