Systems and methods for objectively determining restaurant cost characteristics

A computer-implemented method for determining objective restaurant cost characteristics for one or more merchant restaurants. The method is implemented using a restaurant cost ratings (RCR) computing device. The method includes storing transaction data for a plurality of restaurant transactions. The...

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Bibliographic Details
Main Authors Haisley, Matthew, Lee, Edward M
Format Patent
LanguageEnglish
Published 04.02.2020
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Summary:A computer-implemented method for determining objective restaurant cost characteristics for one or more merchant restaurants. The method is implemented using a restaurant cost ratings (RCR) computing device. The method includes storing transaction data for a plurality of restaurant transactions. The method further includes receiving a request for one or more restaurant cost characteristics for one or more merchant restaurants. The method also includes determining the one or more restaurant cost characteristics for the one or more merchant restaurants based on the transaction data stored in the memory. The method further includes transmitting the one or more restaurant cost characteristics for the one or more merchant restaurants to a remote computing device.
Bibliography:Application Number: US201615171989