United States Patent for Identifying Chargeback Scenarios Based upon Non-Compliant Merchant Computer Terminals Issued to State Farm Mutual Automobile Insurance

Date15 June 2021
Publication Date15 June 2021
Publication titleGlobal IP News (India)
The abstract released by U.S. Patent and Trademark Office states, "A method of identifying a merchant computer terminal warranting a chargeback includes identifying a merchant computer terminal associated with a fraudulent financial transaction, and receiving information associated with the merchant computer terminal. The information may include an actual configuration, parameters, and/or specifications associated with the merchant computer terminal. The method also includes receiving up-to-date dispute rules associated with chargebacks, and analyzing the dispute rules to determine merchant computer terminal requirements. The method further includes comparing the terminal requirements with the...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT