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:
Jun. 15, 2021
Filed:
Sep. 15, 2017
Mastercard International Incorporated, Purchase, NY (US);
Peter Groarke, Dublin, IE;
Peter Corrigan, County Dublin, IE;
MASTERCARD INTERNATIONAL INCORPORATED, Purchase, NY (US);
Abstract
A system and a method for determining whether a refund has been issued by at least one of multiple parties having potential responsibility for issuing a refund. Issuance of multiple refunds to a claimant or claimants, or chargebacks to acquirers when a refund has been issued is prevented. The system includes an electronic storage device that has a database of data concerning transactions, including data as to whether a refund has been issued, an access path that allows access to and supplementing of data concerning a transaction, and a processor for assembling the data concerning the transaction so that access is provided to the multiple parties granted selected access to the data.