USING CREDIT AND DEBIT CARD PURCHASE TRANSACTION DATA FOR RETAIL SALES STATISTICS - Using Point of Sale Data to Measure Consumer Spending: The Case of Moneris Solutions

Lorant Szabo

doi:10.5220/0003030104470452

USING CREDIT AND DEBIT CARD PURCHASE TRANSACTION DATA FOR RETAIL SALES STATISTICS - Using Point of Sale Data to Measure Consumer Spending: The Case of Moneris Solutions

Lorant Szabo

2010

Abstract

This paper presents how Moneris Solutions stores the credit and debit card purchase transactions that it is processing for its merchants, and the methodology that was invented to process this data to produce consumer spending statistics. The transactions are extracted from the production systems at the end of each day and loaded into a warehouse. Aggregations are executed with pre-established frequency, or on an ad-hoc basis, for various merchant samples to calculate sales growth rates in multiple segments. The results are then matched against known events (e.g. Olympic Games) that may have impacted consumer spending during the analysed timeframe. Alternatively, the results may be presented to measure spending growth between any given two time periods in a specific geographical location or industry.

References

Statistics Canada, Retail Trade Survey (Monthly), http://www.statcan.ca/english/sdds/2406.htm

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Paper Citation

in Harvard Style

Szabo L. (2010). USING CREDIT AND DEBIT CARD PURCHASE TRANSACTION DATA FOR RETAIL SALES STATISTICS - Using Point of Sale Data to Measure Consumer Spending: The Case of Moneris Solutions . In Proceedings of the 12th International Conference on Enterprise Information Systems - Volume 2: ICEIS, ISBN 978-989-8425-05-8, pages 447-452. DOI: 10.5220/0003030104470452

in Bibtex Style

@conference{iceis10,
author={Lorant Szabo},
title={USING CREDIT AND DEBIT CARD PURCHASE TRANSACTION DATA FOR RETAIL SALES STATISTICS - Using Point of Sale Data to Measure Consumer Spending: The Case of Moneris Solutions},
booktitle={Proceedings of the 12th International Conference on Enterprise Information Systems - Volume 2: ICEIS,},
year={2010},
pages={447-452},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0003030104470452},
isbn={978-989-8425-05-8},
}

in EndNote Style

TY - CONF
JO - Proceedings of the 12th International Conference on Enterprise Information Systems - Volume 2: ICEIS,
TI - USING CREDIT AND DEBIT CARD PURCHASE TRANSACTION DATA FOR RETAIL SALES STATISTICS - Using Point of Sale Data to Measure Consumer Spending: The Case of Moneris Solutions
SN - 978-989-8425-05-8
AU - Szabo L.
PY - 2010
SP - 447
EP - 452
DO - 10.5220/0003030104470452