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SYSTEMS AND METHODS FOR FACILITATING LOCATION-BASED INTERACTIONS BY REDUCING INTERCHANGE FEES

Abstract:

A computer-implemented method for providing a location-based interaction-type strategy may include: receiving an indication, from a mobile device associated with a user, that the mobile device has detected that the user is at a location associated with an entity; and in response to receiving the indication that the user is at the location associated with the entity: obtaining interaction data for a plurality of interaction types associated with the user; based on the interaction data, determining a respective interchange assessment of an interaction with the entity with each of the plurality of interaction types; and transmitting a strategy of at least one of the plurality of interaction types to the mobile device based on the respective interchange assessment.