American Express Travel Related Services Company, Inc.

James R Anderson

William Gaines Coomer

Orville Anthony Williams

Lori Jean Cales

Aniruddha V Khandekar

Gopakumar K Raveendrakumar

Enabling innovative merchant transaction pricing capability, while improving pricing process efficiency, is disclosed. When a merchant submits financial transaction account records to a payment processor for payment, the payment processor utilizes granular transaction data to calculate complex merchant transaction pricing rules. The system accesses individual transaction data, aggregate transaction data, transaction history, customer data, merchant data and product data to enable flexible, innovative and dynamic pricing capabilities that increase revenue and increase customer satisfaction.

Customized financial transaction pricing

A system for converting first code information to second code information including memory means for storing a first conversion table and a second conversion table, means for receiving SIC, MCC and NAICS cod information about a merchant, means for using the first conversion table to convert the SIC, MCC or NAICS code information into a an intermediate code and means for using the second conversion table to convert the intermediate code into SIC, MCC or NAICS code information. The system may also include means for combining the SIC, MCC or NAICS code information with other information and providing a report based on the other information, means for linking incoming transaction data to a customer account and means for generating a report including the SIC, MCC or NAICS code information.

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Glendale, AZ, United States of America

James R Anderson