The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 20, 2021
Filed:
May. 23, 2018
Microsoft Technology Licensing, Llc, Redmond, WA (US);
Adam Feldman Reinhardt, Redmond, WA (US);
Yung-Wen Liu, Redmond, WA (US);
Shoou-Jiun Wang, Sammamish, WA (US);
Jayaram N. M. Nanduri, Isaaquah, WA (US);
Microsoft Technology Licensing, LLC, Redmond, WA (US);
Abstract
Examples described herein generally relate to a computer device including a memory, and at least one processor configured to process a transaction. The computer device receives customer transaction information. The computer device evaluates the customer transaction information to determine a risk score for the transaction. The computer device assigns the transaction, based on the risk score, to one of a plurality of stratums including at least a first stratum and a second stratum. The computer device selects a merchant identifier (MID) from at least a first MID associated with the first stratum and a second MID associated with the second stratum based on at least the assigned stratum and a target chargeback rate for at least one of the first MID or the second MID. The computer device transmits the transaction information and the selected MID to an issuing bank.