MUMBAI, India, Sept. 5 -- Intellectual Property India has published a patent application (202441015506 A) filed by Mastercard International Incorporated, Purchase, U.S.A., on March 1, 2024, for 'methods and systems for determining potential return transactions.'
Inventor(s) include Darshika Tiwari; Aditi Rai; Anubha Pandey; Athena Stacy-Nieto; Ayush Agarwal; John Mccrow; Lekhana Vusse; Maneet Singh; Meghana Santhapur; Samarth Goel; and Tarun Somavarapu.
The application for the patent was published on Sept. 5, under issue no. 36/2025.
According to the abstract released by the Intellectual Property India: "Methods and server systems for determining potential return transactions. Method performed by server system includes receiving an authorization request. The authorization request includes a plurality of ongoing payment transaction attributes. Method includes accessing historical payment transaction datasets. Method includes generating a plurality of features for the cardholder. Method includes generating the first return probability score associated with the ongoing payment transaction. The first return probability score indicates a likelihood of the ongoing payment transaction being associated with a return request. Method includes determining a first return advice code based on the first return probability score and a set of predefined threshold values. Method includes facilitating transmission of an authorization response message includes the return advice code to an acquirer server."
Disclaimer: Curated by HT Syndication.
