Entries |
Document | Title | Date |
20080208741 | ACCOUNT INFORMATION LOOKUP SYSTEMS AND METHODS IN MOBILE COMMERCE - Methods, systems, and machine-readable media are disclosed for providing account information to a mobile wallet application in a mobile commerce system. According to one embodiment, a method of providing account information for a financial account to a mobile wallet of a mobile device can comprise receiving at a mobile wallet server a request for the account information. For example, the account information can comprise an account balance. In another example, the account information can comprise an account transaction history. An account inquiry can be sent from the mobile wallet server to an acquirer system. The account information can be received at the mobile wallet server from the acquirer system and sent from the mobile wallet server to the mobile wallet of the mobile device. | 08-28-2008 |
20080208742 | PROVISIONING OF A DEVICE FOR MOBILE COMMERCE - Methods, systems, and machine-readable media are disclosed for provisioning information to a mobile device in a mobile commerce system. According to one embodiment, a method of provisioning information to a mobile wallet application of a mobile device can comprise receiving at a mobile wallet server registration information for the mobile device from an acquirer system. A determination can be made based on the registration information as to whether the mobile wallet of the mobile device has been previously provisioned. In response to determining that the mobile wallet of the mobile device has not been previously provisioned, a new mobile wallet can be created for the mobile device. A notification can then be sent from the mobile wallet server to the mobile device, the notification indicating the mobile wallet is available for download. | 08-28-2008 |
20080208743 | TRANSFER OF VALUE BETWEEN MOBILE DEVICES IN A MOBILE COMMERCE SYSTEM - Methods, systems, and machine-readable media are disclosed for handling payment transactions in a mobile commerce system and initiated between mobile devices. According to one embodiment, a method of processing a payment transaction from a first mobile wallet application of a first mobile device to a second mobile wallet application of a second mobile device in a mobile commerce system can comprise receiving at a first acquirer system a communication from the first mobile device. The communication can be related to the payment transaction and can include information identifying a first financial account from which a payment is requested. A second acquirer system for authorizing the payment can be identified based on the information identifying the first financial account. The communication can be sent to the second acquirer system for authorization of the transaction based on the information related to the first financial account. | 08-28-2008 |
20080208744 | MOBILE COMMERCE SYSTEMS AND METHODS - Methods, systems, and machine-readable media are disclosed for utilizing mobile electronic devices in various types of financial transactions. According to one embodiment, a method of providing a plurality of mobile commerce functions can comprise receiving a communication related to a function of a mobile wallet application of a mobile device. One or more of a plurality of acquirer systems for handling of the communication can be identified based on the function of the mobile wallet application to which the communication relates. The communication can be routed to the identified one or more acquirer systems for handling of the communication. In some cases, a reply to the communication can be received from at least one of the identified one or more acquirer systems and the reply can be sent to a recipient. | 08-28-2008 |
20080208745 | METHOD AND APPARATUS FOR DISTRIBUTION OF GREETING CARDS WITH ELECTRONIC COMMERCE TRANSACTION - A system for enabling on-line creation of greeting cards and distribution of the cards with gifts also purchased on-line includes a server system and one or more client systems. The server system is accessible online and enables network users to select and customize electronic versions of greeting cards. The customizations to the cards, as well as data identifying the card, the network user, the card recipient, and a vendor, are transmitted to a client system located at the vendor's distribution facilities. The transmitted information is utilized to print the card in hard copy form for shipment by the vendor to the designated recipient. In the disclosed system, a network user may view the card including any customizations in WYSIWYG format. | 08-28-2008 |
20080222036 | MOBILE TERMINAL - A mobile terminal capable of causing the user side to grasp whether or not a credit settlement service stops with a simple operation is provided. In the mobile terminal | 09-11-2008 |
20080222037 | Customer Enrollment in a Stored Value Card Program - Customer enrollment in a stored value card program is provided. One embodiment is a method for enrolling a customer in a stored value card program. One such method comprises: generating a list of unaffiliated stored value card programs; and when enrolling a new customer in a new stored value card program at a device, determining whether the new customer has a stored value account with one of the unaffiliated stored value card programs. | 09-11-2008 |
20080228646 | METHOD AND SYSTEM FOR MANAGING A NON-CHANGING PAYMENT CARD ACCOUNT NUMBER - The present invention provides a method and system for managing a cardholder's payment card account having a non-changing account number associated with a payment card, the method comprising the steps of assigning a series of dynamic attributes to an account number, identifying the payment card account, and changing the dynamic attributes of the account number without changing the account number. | 09-18-2008 |
20080235135 | Method and System for Restricting the Usage of Payment Accounts - A user's ability to spend and/or receive funds for payment accounts maintained in an electronic wallet are limited. These limitations include restrictions on where the user is able to spend the funds in a payment account (e.g., at which merchants the funds can be spent, whether the funds can be withdrawn from an ATM, etc.). These limitations may also include restrictions on what other payment accounts the user can receive funds from and/or transfer funds to, thereby limiting person-to-person fund transfers. | 09-25-2008 |
20080243688 | Method and Apparatus for Recording Transactions with a Portable Logging Device - Method and apparatus for recording transactions with a portable logging device are described. In one embodiment, examining a first log stored on a first, portable device and a second log associated with a second device; and determining that the portable device interacted with the second device based on one or more entries in the first and second logs. | 10-02-2008 |
20080270300 | SYSTEM AND METHOD FOR PERFORMING PERSON-TO-PERSON FUNDS TRANSFERS VIA WIRELESS COMMUNICATIONS - A funds-transfer system includes a processor and a memory storing control logic for causing the processor to enable a buyer to transfer funds to a seller via a mobile telephone. The control logic includes program code for causing the processor to receive a payment request transmitted from a mobile telephone of the buyer. The payment request is for a transfer of funds from a financial account held by the buyer to a financial account held by the seller, and the payment request is transmitted from a payment application stored in the buyer's mobile telephone. The payment request identifies a purchase amount to be transferred, and information identifying the financial account held by the buyer. The control logic also includes program code for causing the processor to charge the purchase amount to the financial account held by the buyer and to transfer the purchase amount to a financial account held by the seller. Additionally, the control logic includes program code for causing the processor to provide a payment acknowledgment to the buyer's mobile telephone and to the seller. | 10-30-2008 |
20080270301 | MOBILE PAYMENT SYSTEM AND METHOD - A method which enables a merchant to obtain payment for a purchase from a customer who uses a mobile communication device to make the purchase, including uploading an application program to the customer's mobile communication device, and receiving a request for payment from a merchant terminal. The request for payment includes an identification code of the customer's mobile communication device and a purchase amount. The method further includes transmitting a purchase message to the customer's mobile communication device, the purchase message including an identification of the merchant, the purchase amount, and a request for purchase confirmation. The method further includes receiving a response to the request for purchase confirmation transmitted from the customer's mobile communication device, and if the response to the request for purchase confirmation is affirmative, transmitting to the merchant terminal information identifying a financial account belonging to the customer. | 10-30-2008 |
20080294554 | AUTOMATED TRANSFER WITH STORED VALUE FUND - According to the invention, a method for automatically transferring credit between a stored value fund and a handler using a wide-area computer network is disclosed. In one step, automated transfer information is received at a server computer system from the wide-area computer network that is coupled to a user associated with the stored value fund. The handler chosen by a user for an automated transfer, the direction of the automated transfer with respect to the stored value fund and an amount for the automated transfer are determined. The amount is automatically transferred between the stored value fund and the handler. | 11-27-2008 |
20080301047 | ATM System For Receiving Cash Deposits From Non-Networked Clients - A systems and methods for depositing foreign funds into a native account using a foreign transaction machine are disclosed according to one embodiment of the invention. A foreign transaction machine, such as an ATM, receives and financial account number associated with a financial account and determines the native currency associated with the financial account. The foreign ATM may then receive cash in a foreign currency. AN exchange rate is received from within the ATM or through a network connected to the ATM. The foreign funds are then converted according to the exchange rate into native funds. The native funds are then deposited into the financial account. In other embodiments, the transaction machine provides transaction cards with native funds in response to receiving foreign currency. | 12-04-2008 |
20080301048 | PORTABILITY OF FINANCIAL TOKENS - A method determines that a first relationship between a holder of a portable consumer device and a first employer is terminated. In response to determining that the first relationship is terminated, the method also disassociates account information of the portable consumer device from the first employer while retaining an association between the portable consumer device and an issuer of the portable consumer device. In addition, the method establishes a second relationship between the employee and a second employer and links the account information of the portable consumer device with the second employer. | 12-04-2008 |
20080319901 | PAYMENT CARD FINANCIAL VALIDATION PROCESSING CENTER - A method for validating a payment card financial transaction includes receiving a financial transaction approval request message derived from a payment card that is able to change its magnetic card data as elicited by a card reader. Out-of-sequence transactions encoded in a dynamic number included in said magnetic card data are detected. The dynamic number is compared with a last valid number that was previously stored in a database. An approval message is issued to enable the completion of a financial transaction with the payment card. | 12-25-2008 |
20090024524 | OPTIMIZED RECHARGING OF PREPAID ACCOUNTS - The invention relates to a method for recharging an electronic credit prepaid by a user, particularly for paying for services in a data or telecommunication system. The inventive method comprises the following steps: a) setting a lower account threshold value for the credit; b) signalling if the account falls below the threshold value; and c) triggering a recharging function if the value falls below the threshold value. | 01-22-2009 |
20090024525 | Vehicle Wallet - Disclosed are methods and systems related to electronic purchase transactions. | 01-22-2009 |
20090030839 | Method for Synchronizing Credit Point Data - A method for synchronizing credit point data can be applied in a smart card having a contact module and a contactless module. The contact module comprises a contact module storage unit for storing first credit points, and the contactless module comprises a contactless module storage unit for storing second credit points. When the contact module is utilized to update the credit points, at the beginning, the first credit points is set as the second credit points, the first credit points is updated, and then the second credit points is set as the updated first credit points. | 01-29-2009 |
20090037331 | REMOTE RECHARGEABLE PREPAID CELLULAR SERVICE PERIPHERAL DEVICE - An integrated prepaid cellular service and telephone unit including a cellular transceiver, a storage unit, a processor; and a credit/debit card interface. In a further aspect, the invention includes code for contacting a cellular provider, transmitting user debit/credit information, receiving a quantity of pre-paid cellular service units, storing the units, and allowing use of the cellular transceiver as long as said units does not equal zero. | 02-05-2009 |
20090043702 | PROXY CARD REPRESENTING MANY MONETARY SOURCES FROM A PLURALITY OF VENDORS - A proxy card used at an ATM or at any vendor store that has a legacy point of sale unit or at a store with the smart point of sale. In general, it can be used with any vendor and otherwise as any credit or debit card might be used. The point-of sale unit interacts with a multi-source processing system (MSPS) that, instead of servicing a single money source, interacts with more than one of a plurality of monetary sources that may be associated with the proxy card. The money transferred from credit or debit accounts of the user may be either transferred directly or indirectly via a proxy central account associated with the MSPS that a user maintains. | 02-12-2009 |
20090043703 | Transaction method and system in search region - A method and system are designed for transaction in a search region. The transaction system includes merchant servers and a portable electronic device. The portable electronic device further includes a calculation module, a communication module, a positioning module, and a display module. The portable electronic device is used to search the merchant servers in a set range, and transaction is performed through wireless communication transmission. The transaction method includes positioning the portable electronic device by the portable electronic device itself and setting an effective range according to the position of the portable electronic device; searching the merchant servers in the effective range; selecting one from the merchant servers as a transaction server; performing a transaction procedure between the portable electronic device and the transaction server. After the transaction is ended, the transaction server sends back an acknowledgement message to the portable electronic device. | 02-12-2009 |
20090048971 | Payment Card with Dynamic Account Number - A payment card comprises a processor, a trigger source coupled to the processor, and a display for outputting at least a portion of a dynamic account number under control of the processor responsive to the trigger source. The dynamic account number is determined based at least in part on a seed stored in the payment card and an output of the trigger source. In an illustrative embodiment, the dynamic account number is generated utilizing a time-based or event-based one-time password algorithm. For example, in a time-based embodiment, the trigger source may comprise a time of day clock, with the dynamic account number being determined based at least in part on the seed and a current value of the time of day clock. In an event-based embodiment, the trigger source may comprise an event counter, with the dynamic account number being determined based at least in part on the seed and a current value of the event counter. | 02-19-2009 |
20090055317 | Method and System of Distributing and Activating Storage Value Cards - A method of distributing stored value cards where value is not loaded to the account associated with each card until the card holder completes and activates process is disclosed. By delaying the funding of the settlement account associated with stored value cards until card activation, cash flow efficiencies and savings are achieved that make stored value card rebate plans and other marketing and loyalty programs economical. | 02-26-2009 |
20090055318 | TRANSACTION PRODUCT WITH REMOVABLE ARTICLES - A transaction product includes a housing, a tray, one or more articles and an account identifier. The tray is selectively maintained within and readily removable from the housing. The one or more articles are selectively maintained by the tray, and each of the one more articles are readily removable from the tray. The account identifier is associated with the housing and links the transaction product to an account or record having a value configured to be used toward one or more of a purchase and a use of goods or services. Other products, cards, assemblies and associated methods are also disclosed. | 02-26-2009 |
20090063339 | SYSTEM AND METHOD FOR LOADING PREPAID DEBIT CARD AT AN ATM - Money is loaded onto prepaid debit cards at ATMs (without the use of clerk-assisted POS terminals). The network for processing transactions includes a debit/credit network with a ATM Load BIN table, which includes transaction permitted (TP) data associated with each bank identification number (BIN) appearing in the card number of the prepaid cards. If a load transaction is requested, the transaction is permitted and passed by the debit/credit network to the card issuer only if the TP data reflects that such a transaction is permitted. | 03-05-2009 |
20090063340 | Contact-less transaction card and the method of the same - A contact-less transaction card includes a substrate, the substrate includes an IC coupled to a signal irradiation device to transmit and receive signal for transaction. The IC includes identify information of the individual. | 03-05-2009 |
20090063341 | Stored value card redeemable for cash - Disclosed are systems and methods for providing a stored value card that is redeemable for cash value or merchandise, and so suffices to provide consideration. | 03-05-2009 |
20090063342 | CHECK-CASHING/LOAN SYSTEM USING A VARIABLE AMOUNT ELECTRONIC FUNDS CARD - A rechargeable and disposable electronic funds (cash card) issued by a non-financial facility, such as a check cashing facility, a payday loan facility or a short term loan facility, is disclosed where the card substitutes for the cash and is labeled in the name of a bank type financial institution with which the non-financial facility has a relationship. The card can be charged with a variable amount on money. When used at a store for a purchase it can act like a debit card but need not have a name of the holder associated with (or embossed on) it like a gift card, so the user can remain anonymous. The card can be upgraded to a rechargeable or debit/credit card. The card can draw on an account or sub account of the check cashing service or of the bank. | 03-05-2009 |
20090063343 | METHOD AND SYSTEM TO PROVIDE CASHLESS REFUND - A computer-implemented system to provide a cashless refund, in one example embodiment, comprises a receiving module to receive a balance of a correctional facility account associated with a pre-released inmate information, a funds generator to generate a pre-released inmate payout amount based on the balance, a card dispenser to dispense a payout card in response to a pre-released inmate imminent release, the payout card including an encoded payout card number, a card activating module to activate the payout card by receiving the payout card into a payout card reader and associating a pre-released inmate information with the encoded payout card number, and a communication module to communicate to a card processor the pre-released inmate payout amount and that the payout card has been activated. | 03-05-2009 |
20090070258 | SYSTEM AND METHOD FOR GENERATION OF CUSTOMIZED CARDS HAVING A GIFT VALUE ASSOCIATED THEREWITH - The subject application is directed to a system and method for generating gift cards. Image data representing gift card formats is first generated on an associated display. A gift card is then selected and text data is received representing text associated with the selected gift card. Gift amount data is then received representing a fungible value associated with the selected gift card. Charge data associated with a cost associated with the gift amount is then received. Encoded data, corresponding to the gift amount, is then generated. Thereafter, a tangible gift card is generated in accordance with the selected gift card format and the received text. In accordance with one embodiment of the subject application, the encoded data is stored on a tangible medium on the tangible gift card. | 03-12-2009 |
20090070259 | Data processsing card based copy bill payment capability - A data processing card includes computer-readable data relating to at least one of processing information and payment information for a print job. The card includes an unpaid for limit associated with processing the print job. A card includes information indicative of a payment source associated with a user. The card further includes computer-readable data corresponding to user information for processing and payment for a print job. A card enables a first party to program the card to relate the data to processing and payment for the print job, to program the card create or access an account for the first party or a second party, and the card contains data for processing or payment for a print job via the account. A method includes following a user executing a print job, an electronic article surveillance reader alarms if a tag is within the read range of the reader. | 03-12-2009 |
20090070260 | CREDIT CARD SYSTEM AND METHOD - A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to “card remote” transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for “card present” transactions, so called “skimming” fraud is eliminated. Various other features enhance the credit card system, which will allow secure trade without the use of elaborate encryption techniques. Methods for limiting, distributing and using a limited use card number, controlling the validity of a limited use credit card number, conducting a limited use credit card number transaction and providing remote access devices for accessing a limited use credit card number are also provided. | 03-12-2009 |
20090076958 | Systems and Methods for Establishing an Allocation of an Amount Between Transaction Accounts - A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts. | 03-19-2009 |
20090083181 | Systems and Methods for Allocating an Amount Between Sub-Accounts - A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts. | 03-26-2009 |
20090089211 | SYSTEM AND METHOD FOR PERSON TO PERSON FUND TRANSFER - A system, apparatus, and method for providing payment for goods or services via a transfer of funds from a payer to a payee. In some embodiments, the invention includes establishing a deposit account for a prospective payee which may be accessed by a payer using payment receipt data provided by the payee. The deposit account may be configured to permit only deposits to the account, with no withdrawal or transfer out of funds possible. The deposit account may be associated with a credit card, debit card, or checking account, or may be a separate account. | 04-02-2009 |
20090099964 | SYSTEM AND METHOD FOR TRANSFERRING FUNDS TO A BENEFICIARY - In a method for transferring funds from a client in one country to a beneficiary in a second country, the client purchases an activation card from a retailer and the retailer sends funds corresponding to the purchase amount to a service provider account at a sending bank. The service provider obtains validation information from the client identifying the card as well as beneficiary identifying information, and confirms the fund transfer to the sending bank. Funds are then sent from the sending bank to a receiving bank in the second country, and placed in an account for the benefit of the beneficiary. The beneficiary is provided with a debit card which can be used to access the funds. | 04-16-2009 |
20090099965 | PREPAID EXPENSE CARD MANAGEMENT PLATFORM - In embodiments of the present invention capabilities are described for a prepaid expense card management platform, where the management platform may be presented as a graphical user interface. The prepaid expense card management platform allows businesses to increase spending control and decrease overhead time associated with the administering of reimbursement expenditures. Controls enabled include funds allocation, funds transfer, user account administration, user access, spend rules, reports generation, usage profiles, conditional access, time usage restrictions, location usage restrictions, settlements processing, and alerts. | 04-16-2009 |
20090106148 | PRE-PAID FINANCIAL SYSTEM - A pre-paid financial system using a common interface system is provided. Transactions are initiated on a number of different interfaces via a secure network or an unsecured network to a back-end system. The system maintains accounts funded via a pre-paid funding system. Transfers are made between users of the system after funding of the accounts is completed. The technology includes receiving a plurality of transaction requests from at least a first transaction interface and a second transaction interface via the insecure network. Each transaction interface receives user input including transaction instructions and outputs the instructions in a transaction request via the insecure network in a common syntax. The transaction command, transaction parameters, user token and authentication token are parsed and each transaction request authenticated. The request is evaluated against a set of permissible transaction rules and if the transaction request is permitted, the transaction is executed. | 04-23-2009 |
20090112761 | TRANSACTION PRODUCT WITH MEMORY - A transaction product includes a memory, a housing, an electrical connector and an account identifier. The housing encloses the memory. The electrical connector is securely electrically coupled with the memory and is configured to be selectively received by a socket of a computing device such that the computing device can access the memory via the electrical connector. The account identifier links the transaction product to an account or record, the account identifier being machine readable by a point-of-sale terminal such that value can be added to or deducted from the account or record using the account identifier. Other product, cards, assemblies and associated methods are also disclosed. | 04-30-2009 |
20090112762 | METHOD FOR FUNDING A CHARITY USING A PREPAID CARD - A method of charity funding, using prepaid cards. A winner of a charity lottery is provided with a prepaid card having, as an initial balance, the lottery winnings. As part of the card activation process, the winner is asked whether they would like to donate all or part of their winnings back to the charity. Systems and methods for providing same. | 04-30-2009 |
20090112763 | METHODS AND SYSTEMS OF CONTROLLING ACTIVITIES OF FINANCIAL ACCOUNTS - Embodiments describe a method and a system to control activities of a financial account. A holder of the financial account may be restricted to transact only with a first set of merchants. The holder of the financial account may be prohibited from transacting with a second set of merchants. The holder of the financial account may further be restricted to transact based on at least one of category or spending limit. | 04-30-2009 |
20090119211 | Methods and systems for managing financial institution customer accounts - A computer-implemented method and system for managing financial institution customer transaction accounts involves issuing a relationship presentment card with a relationship identifier unique to the customer that is linked to a plurality of the customer's financial institution transaction accounts via pre-defined parameters for determining to which of the customer's linked accounts to post particular transactions with the relationship presentment card. Thereafter, when data for a transaction with the card is received by a processing platform of the financial institution via a merchant acquirer and a card association processing network, the card processing platform of the financial institution identifies a particular financial institution account of the customer to which the transaction should be posted according to the pre-defined parameters based on the transaction data and posts the transaction to the identified financial institution account of the customer. | 05-07-2009 |
20090144197 | MEDIA DEVICE PAYMENTS REMOTE CONTROL PERSONALIZATION AND PROTECTION - A server is operable to receive a media device identifying number (ID) and to create an established association between the media device with a payment account and to support at least one of payment authorization and payment clearing based at least in part on the media device ID and the payment account. The server is further operable to produce the payment account information to a smart card personalization service server to facilitate creation of a smart card with the payment account information that is associated with the media device. The server is also operable to produce the media device ID to the smart card personalization service server to facilitate creation of a smart card with the payment account information based in part on the media device ID. | 06-04-2009 |
20090171841 | METHOD AND SYSTEM FOR TRANSFERRING FUNDS BETWEEN ACCOUNT HOLDERS - The preferred embodiments are directed to facilitating a transfer of funds between account holders. The preferred embodiments can receive account information from a transaction devices associated with a first account and a second account and can receive a specified amount of funds to be transferred to the second account. The preferred embodiments can transfer the specified amount of funds from the first account to the second account in response to receiving the account information from the transaction devices of associated with the first and second accounts and the specified amount of funds. | 07-02-2009 |
20090192935 | ONE STEP NEAR FIELD COMMUNICATION TRANSACTIONS - A one step method for transferring money from a sender to a recipient includes entering information relating to the transfer into a near field communication (NFC) enabled data communication device of the sender and then placing the sender's device in close proximity to a NFC enabled data communication device of the recipient. The sender's device is operable when placed in contact with or close proximity to the recipient's device to 1) establish an NFC link between the two devices, 2) gather information relating to the recipient from the recipient's device via the NFC link, and 3) transmit the information relating to the transfer and the recipient to a third party service provider via another network, such as the Internet, and thereby cause the service provider to transfer the money from a funding account of the sender to a receiving account of the recipient. | 07-30-2009 |
20090192936 | PORTABLE STORAGE DEVICE AND TRANSACTION MACHINE - In systems which execute transactions with an ATM using an IC card in which plural account information is registered in advance, one or more transaction information and intended use information indicating the intended uses of transactions to be executed by the ATM based on the transaction information are associated with each other and are registered as transaction data in the storage section of the IC card, so as to certainly prevent transactions or selections of accounts which are not intended by the user from being erroneously executed. Prior to the execution of transactions by the ATM, the transaction data is read out for the ATM and the intended use information included in the transaction data are displayed along with said transaction information included in the transaction data, in a transaction selection screen on the ATM. | 07-30-2009 |
20090198614 | Controlling the Value of a Plurality of Transactions Involving Payment Token - A method of controlling the value of at least one on-line transaction involving a token associated with an authorized user comprises the steps of: prior to the at least one proposed transaction, receiving at a pre-transaction authorisation station, pre-transaction authorisation data. The authorisation data comprises first time data relating to a time window within which the at least one proposed transaction must take place and first amount data relating to an amount with which a value of the at least one proposed transaction must comply. Substantially at the time of a proposed transaction, transaction data comprising second time data relating to a time instant of the proposed transaction and second amount data relating to a value of the proposed transaction is received at the authorisation station. The authentication data and transaction data are compared in real time at | 08-06-2009 |
20090204539 | Portable Electronic Financial Management - An electronic wallet stores information regarding credit, membership and other accounts. The information may be accessed to facilitate monetary and other transactions utilizing the various stored accounts. The transactions are stored such that accurate account balances are maintained by the electronic wallet. Security measures prevent unauthorized users from accessing account information. The electronic wallet allows a user to program preset spending limits on the accounts stored in it. The electronic wallet includes a protective carrying case having a money clip and card holding slots. | 08-13-2009 |
20090265270 | Token activation - A method of activating a taken at a self-service terminal is described. The method comprises receiving an active token (such as a financial card) from a customer. The terminal then authenticates the customer using the active token and an associated identifier, which may be a PIN. The terminal then receives an inactive token from the customer (such as a newly-issued card), and validates that the inactive token relates to the same customer as the active token. In the event of successful validation, the terminal then activates the inactive token, either directly or indirectly. | 10-22-2009 |
20090265271 | PREPAID PORTABLE CONSUMER DEVICE INCLUDING ACCUMULATOR - A portable consumer device may have money stored therein, which can be calculated using an accumulator record. The accumulator record can be incremented by the amount of any transaction using the portable consumer device. The accumulator record can retain the value of the prior transactions, upon additional funds being collected on the portable consumer device. | 10-22-2009 |
20090265272 | MONEY TRANSFERS UTILIZING A UNIQUE RECEIVER IDENTIFIER - Methods, systems, and machine-readable media are disclosed for financial transfers utilizing a unique identifier to facilitate flexible payment options for the transaction. According to one embodiment, a pull transaction model can be implemented. According to such embodiments, a money transfer can be initiated in a conventional manner via an agent of a money transfer facilitator. The sender of the transfer can provide an identifier for the transaction to the recipient. The recipient can in turn use the identifier, in combination with functionality of a mobile wallet application of a mobile device to request or “pull” the money transfer to an account associated with the mobile wallet application. In this way, the recipient can receive the transfer to the mobile wallet account even if the sender does not know that such a delivery is available. | 10-22-2009 |
20090271314 | Electronic money system and electronic money terminal - An electronic money system terminates communication to a management center indistinguishably from a case in which the communication to the management center is completed within a predetermined period when it is impossible to complete the communication to the management center within the predetermined period. By switching an operation mode, a predetermined portable terminal is used instead of a communication line to upload and download data. When it is impossible to obtain data required for processing through the communication line, processing is performed based on data possessed up until that time. | 10-29-2009 |
20090271315 | PORTABLE DEVICE INCLUDING ALTERABLE INDICATOR - A consumer device is disclosed. It includes a body, and a memory element coupled to the body, the memory storing a first account identifier associated with a first account, a second account identifier associated with a second account, and an alterable flag linking the first account and the second account. | 10-29-2009 |
20090276356 | SYSTEM AND METHOD FOR DISTRIBUTION OF PAYMENT MEDIA - Systems and methods of the present disclosure provide a method for distributing payment media to a customer. In various embodiments, the systems and methods include receiving a request from a user via a network, generating a virtual payment number related to the user, associating the virtual payment number to an RFID chip embedded in a sticker, and distributing the sticker to the user via, for example, the mail. | 11-05-2009 |
20090276357 | Information processing apparatus and data communication method - An information apparatus switches a display at a predetermined area which includes at least a part of a portion where an electromagnetic-wave emitting unit used for data communications with a data storage device is disposed, according to data communication processing with the data storage device, and emits sound generated according to the processing at corresponding timing. | 11-05-2009 |
20090287605 | Pre-Paid Card Transaction Computer To Load A Loan On A Pre-Paid Card - A loan transaction for a pre-paid card is approved for a borrower so that release of the loan proceeds is pending an activation of a pre-paid card. A pre-paid card transaction computer activates a pre-paid card responsive to an activation request on behalf of the borrower. The pre-paid card transaction computer indicates the activated pre-paid card is to be used with a loan transaction pending the activation of the pre-paid card. The pre-paid card transaction computer loads the pending loan proceeds to the pre-paid card so that the loan proceeds are released to the approved borrower and are immediately available to thereby convert the pre-paid card into a loan delivery apparatus. | 11-19-2009 |
20090287606 | SYSTEM AND TERMINAL DEVICE FOR ELECTRONIC MONEY TRANSACTION ON INFORMATION AND METHOD THEREOF - An electronic money transferring method that enables the payment of electronic money through an electronic money transferring system with reliability. An external information processor is operated to enter the product number of a desired product, and then a host apparatus sends information about electronic money information indicating an amount of money necessary for purchasing the product, etc. to a control unit. The data processing unit reads electronic money information indicating the amount of money from an IC card. The electronic money information is transferred to the host apparatus. | 11-19-2009 |
20090307130 | METHOD AND SYSTEM FOR DELAYED PAYMENT OF PREPAID CARDS - A method and system for accepting delayed payment of prepaid cards is described. The method includes providing a prepaid card to a purchaser, the prepaid card associated with a face value. The method includes, responsive to a redemption of the prepaid card, providing a consideration in accordance to the face value. The method includes receiving a payment for the prepaid card after the consideration has been provided. | 12-10-2009 |
20090307131 | Payment and settlement over the internet with internet currencies - A method of payment and settlement over the Internet with Internet Currencies for purchases of products and services or their equivalents over the Internet, it can be used for payment and settlement over the Internet for other purposes as well. It is secure, convenient and flexible for every consumer and therefore can greatly increase the Internet business. | 12-10-2009 |
20090307132 | ENHANCED USER INTERFACE FOR CONTACTLESS PAYMENT FUNCTION IN MOBILE TELEPHONE - A payment card account number is downloaded to a contactless payment application program stored in a mobile telephone. In association with the payment card account number, at least one image that represents a payment card is also downloaded to the contactless payment application program stored in the mobile telephone. The at least one card payment card image displays the downloaded payment card account number. | 12-10-2009 |
20090313165 | TRANSACTION AUTHORISATION SYSTEM & METHOD - A transaction authorisation system for allowing a customer to authorise transactions relating to an institution account, the system including a data storage for enabling access to identification data associated with the customer and a remote communication device (RCD) of the customer, and security identifier data associating the customer account with the identification data. The system also includes a communication device for receiving an authorisation request, which is referenced to the security identifier data, in relation to the transaction from the institution and for enabling communication with the customer via the RCD to authorise a transaction on the customer account. A system data processor identifies the customer and RCD using the identification data and determines if the transaction is authorised by the customer. The communication device provides an indication, which is referenced to the security identifier data, to the institution of whether or not the transaction is authorised by the customer. | 12-17-2009 |
20090319423 | INCENTIVE PROGRAM - An incentive program is described that rewards the participants of the program based on the actions of at least something other than the participants. The incentive program may be used with a cardholder account and a currency card operable to debit the cardholder account, with the participants of the incentive program being the cardholders. The incentive program is operable to receive one or more picks of something other than the cardholder from the cardholder, determine the amount of rewards owed to the cardholder based on the performance of the one or more pick, deposit the determined amount of rewards into the cardholder account, and convert at least a portion of the rewards in the cardholder account into one or more additional picks of something other than the cardholder. | 12-24-2009 |
20090327129 | SOCIAL NETWORK ENABLED GROUP GIFT CARD - A system and method that allows for a group of individuals to easily contribute to the same gift card is disclosed. The gift card can be a traditional physical card or an electronic card. In one embodiment, an account administrator establishes a group enabled gift card account for self-consumption or for a specified gift recipient. The administrator engages potential group gift card contributors through various electronic communication mechanisms who can then add funds to the account. The contribution period may remain open based on criteria supplied by the administrator. Once the account is closed, the collected amount is transferred to a designated gift card and sent to the recipient. | 12-31-2009 |
20090327130 | SECURE AND PORTABLE PAYMENT SYSTEM - Payment systems are provided that utilize a portable device, and in particular, payment systems that utilize a first portable device that belongs to a seller and a second portable device that belongs to a buyer, but do not utilize a point of sale (POS) device. | 12-31-2009 |
20100017326 | Credit Handler For Entertainment Device - Pay to play entertainment machines or devices for gaming, gambling and other entertainment functions used in public spaces such as bars, clubs etc are networked and centrally controlled. Each entertainment device has at least one payment mechanism such as a coin acceptor or a card reader. Content executables (e.g. games) are configured to use a set of generic payment instruction messages to communicate with the payment mechanisms. A credit handler module translates generic payment instruction messages to and from specific payment functionality messages as used by the different payment mechanisms and also applies any transaction processing logic that is required consequent on the particular domain of operation of the entertainment device, e.g. legal requirements. Thus, locally applicable requirements relating to credit handling operations in the real and virtual environment of the entertainment device can be implemented without modifying content executables. | 01-21-2010 |
20100023453 | DYNAMIC NUMBER AUTHENTICATION FOR CREDIT/DEBIT CARDS - A method and apparatus for conducting a commercial transaction over the Internet or other network connection are provided. The method includes the use of random numbers which are unique for each user session. These random numbers are pre-loaded onto a handheld, portable device, token, at the time of the device's manufacture or programming. These numbers are generated by external systems. The external systems then deliver the number sets to the token for storage in the token's internal memory and also to another random number database that is accessible by an authentication system. The random numbers are dispensed by the token to a user by pressing a button on the token or otherwise signaling the token. A simple polynomial equation may be employed in order to increase the number of codes. A dispensed number is cross referenced, by the authentication system, to the random number database that was created when the token was programmed. In this way the user or transaction can be authenticated. In its preferred configuration, it is intended that once the total number of random combinations, including the original random numbers and numbers generated by polynomial transformations, have been exhausted, the device becomes inoperable. | 01-28-2010 |
20100036770 | METHOD FOR PROVIDING A CREDIT CARDHOLDER WITH MULTIPLE FUNDING OPTIONS - A method and a system for providing a payment cardholder with multiple funding source options for a payment card are provided herein. First, a managing platform associates at least two funding sources with the payment card. The funding sources include a first funding source and a second funding source. Next, the first funding source is designated as a default funding source and a set of pre-defined routing rules for funding transactions made with the payment card. Then, the managing platform intercepts each transaction of the payment card and routes the transactions to an issuer funding system for the first funding source using the managing platform. | 02-11-2010 |
20100049653 | Currency Conversion With Pre-Paid Card - A system is provided for a stored-value card account to serve as a platform to transfer funds in alternate currency. A prepaid cardholder may transfer to a recipient in a first currency from an account in a second currency. The prepaid cardholder selects the amount to be transferred, the recipient, and the currency to be provided to the recipient. An exchange rate is obtained automatically from a currency exchanger and once the prepaid cardholder authorizes the transfer, funds in the requested currency are transferred to the recipient and the prepaid cardholder account owner's prepaid cardholder account is debited the appropriate amount. Thus, currency conversion and delivery to a recipient is possible in an automated process. | 02-25-2010 |
20100057613 | APPARATUS AND METHODS FOR CHECK CARD FEE WAIVER - Apparatus and methods for waiving at least a portion of a service fee. The apparatus and methods may involve providing a check card to a customer and determining whether the customer is using the check card sufficiently to warrant waiving the fee or a portion of the fee. In some embodiments, the apparatus and methods may involve enrolling the customer in a check card program. The customer may select alerts regarding check card usage. The check card issuing entity may monitor the usage to reduce the risk of unauthorized use. | 03-04-2010 |
20100082481 | Peer-to-peer financial transaction devices and methods - Various techniques are provided for carrying out peer-to-peer financial transactions using one or more electronic devices. In one embodiment, a request for payment is transmitted from a first device to a second device using a near field communication (NFC) interface. In response to the request, the second device may transmit payment information to the first device. The first device may select a crediting account and, using a suitable communication protocol, may communicate the received payment information and selected crediting account to one or more external financial servers configured to process and determine whether the payment may be authorized. If the payment is authorized, a payment may be credited to the selected crediting account. In a further embodiment, a device may include a camera configured to obtain an image of a payment instrument. The device may further include an application to extract payment information from the acquired image. | 04-01-2010 |
20100088227 | Secure Financial Transactions - a primary account number (“PAN”) of a conventional credit or debit account with a bank or other financial institution is emulated or simulated, which incorporates, in encrypted form, the actual account number. The simulated PAN may also incorporate an amount to be debited from that account. Thus, an account number and an amount are encrypted and mapped into a string of digits which appears to be a valid PAN. The actual account number and the transaction amount are thus embedded in the simulated PAN. The simulated PAN is then processed by existing financial transacting infrastructure, with the issuing bank knowing that it is not a PAN and that the appropriate digits are to be decrypted to provide the embedded account number and the embedded amount. In one application, a transactor wishing to effect a financial transaction, generates a simulated PAN and supplies it to a supplier of goods or services from whom he wishes to purchase said goods or services. The supplier enters the simulated PAN and the amount of the transaction in a conventional way. This data is then transmitted to an acquiring bank, which onwardly transmits it to the issuing bank for authorisation. The issuing bank then extracts the embedded account number and embedded amount, checks that the embedded amount and the supplied amount are the same (as well as other conventional checks), and if they are the same authorizes the transaction. Those skilled in the art will appreciate that, in most instances, a transactor is required to provide an expiry date and a card verification value (“CVV”). Either or both of these could also be simulated and used to encrypt information | 04-08-2010 |
20100088228 | Method and System For Dual Layer Authentication For Electronic Payment Request In Online Transactions - Increasing the security of online payment requests by introducing a dual-layer authentication system for accessing the funds and/or credit through payment cards is described. An additional check regarding the identity of a card user to be included within a traditional security protocols for these cards, wherein the additional check is based on an authentication channel which is external to the user's card. A device owned by the legitimate card owner certifies that the user of the card at any given instant is the legitimate owner of the card and not someone else. To process this additional information, a connection by means of a proximity based device is established. | 04-08-2010 |
20100088229 | VALUE MANAGEMENT METHOD IN A PREPAID DEVICE - A method to secure a prepaid device for access to audio/video content having the possibility of reimbursement of the unused balance upon presentation of the aforementioned device to a control center by managing an account value in the prepaid device, the prepaid device including an identifier unique to each device and a control value, the method comprising: receiving of a request to modify the account value by an amount; calculating a new account value by modifying the account value by the amount, determining a number of steps, the number of steps being determined according to a function expressing the modification of the new account value relative to the account value; and modifying the control value by executing at least one one-way function on said control value a number of times equal to the number of steps. | 04-08-2010 |
20100094753 | P2P TRANSFER USING PREPAID CARD - A method and system for making a payment is disclosed. In the method, a Payor can specify an account from which to withdraw funds for the payment and specify an activation code necessary to activate the payment. The payment can be sent to a Payee in the form of a pre-paid transaction account. The account will not be activated unless the Payee provides the activation code. Funds can be withdrawn from the account specified by the Payor either in full at the time the payment is made or are withdrawn as the Payee uses the transaction account to access the funds. | 04-15-2010 |
20100100481 | METHODS AND SYSTEMS FOR EXCHANGING AND/OR TRANSFERRING VARIOUS FORMS OF VALUE - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user. | 04-22-2010 |
20100106642 | METHOD AND SYSTEM FOR DELAYED PAYMENT OF PREPAID CARDS - Methods and systems provide prepaid cards. The method includes, responsive to receiving a delayed payment at a purchase terminal, providing a prepaid card to a purchaser, the prepaid card redeemable for a consideration by a card recipient. The method includes processing the delayed payment. The method includes, responsive to an expiration of a predetermined amount of time, determine if a balance remains on the prepaid card. The method includes refunding a remaining balance. | 04-29-2010 |
20100114767 | APPARATUS AND METHODS FOR CARD DISPENSING - Apparatus and methods for providing a card that has a stored value. The apparatus and methods may involve offering the card to a customer, applying branding information to the card, charging a customer account for the value, and dispensing the card. The stored value card may be provided by a machine to a customer. The machine may be a financial institution automated teller machine (ATM). The ATM may transmit instructions to transfer funds from the customer's to one or more of the financial institution's retail partners. The ATM may apply visual information to the card. The visual information may include branding information, a message or any other suitable information. | 05-06-2010 |
20100114768 | Payment vehicle with on and off function - A computer-based network system and method for using a payment vehicle having an on and off function. The system comprises a payment vehicle comprising an on and off function to enable or to disable the payment vehicle in the computer-based network for processing an electronic payment transaction, a holder of the payment vehicle, and a computer payment network wherein the computer payment network comprises a transaction engine for enabling or for disabling the payment vehicle at a request of the holder of the payment vehicle. | 05-06-2010 |
20100145850 | INFORMATION PROCESSING DEVICE AND INFORMATION PROCESSING METHOD - An electronic money server groups a parent who owns a parent mobile phone and children who own child mobile phones to be registered as a family, and credit information of the parent is also registered. When the child accesses the electronic money server by using the child mobile phone and specifies a money amount to request family charge, the electronic money server requests the parent mobile phone for permission of the family charge. When the parent grants the family charge, the electronic money server allows the parent mobile phone to decrease a value by the money amount specified by the child and to make the family settlement, and allows the child mobile phone to increase the value by this money amount and to effect the family charge. Further, the child mobile phone can accept issue of credit from a credit server on credit of the parent, thereby effecting the family charge. | 06-10-2010 |
20100153267 | OFF-LINE ACTIVATION/LOADING OF PRE-AUTHORIZED AND CLEARED PAYMENT CARDS - A method of loading pre-authorized funds into an integrated circuit (IC) payment card includes interfacing the IC payment card to a loading device. The method further includes receiving a cash payment to cover a proposed load transaction, and operating the loading device to load pre-authorized funds into the IC payment card on an off-line basis. | 06-17-2010 |
20100153268 | SPENDING VEHICLES FOR PAYMENTS - A system and method for associating payments with spending vehicles so that an individual who is entitled to receive periodic or special payments such as social security checks receives in place of the payment a spending vehicle such as a discount card, rebate, or coupon for use with purchases of the sponsor's products or services. Sponsors include companies and organizations interested in offering purchase incentives to their customers. An individual who wishes to receive a spending vehicle rather than the regular payment selects the spending vehicle he or she would like to receive. The individual then assigns his or her right to receive the payment to a third party. The third party then arranges to give a spending vehicle to the individual and to transfer the individual's payment to the sponsor of the spending vehicle. The third party may take a portion of the payment as compensation for the service. | 06-17-2010 |
20100161486 | METHODS AND SYSTEMS FOR PAYING A BILL USING A TRANSACTION CARD ACCOUNT - A computer-based method for paying a bill using a transaction card account is performed using an interchange computer coupled to a memory. The method includes submitting bill pay data by a consumer for processing by a bill payment outsourcer, receiving the bill pay data and an authorization message, processing the bill pay data and the authorization message for transmission to an issuer associated with the transaction card, and receiving an approval message from the issuer after the issuer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill. The approval message is provided to the bill payment outsourcer. Funds data representing a transfer of funds from the transaction card account is transmitted to the biller for paying the bill. | 06-24-2010 |
20100191647 | VALUE TRANSFER SYSTEMS AND METHODS - One method involves the use of stored value account that may be used, for example, to make internet payments, and that can be credited using a variety of payment techniques. Such a method involves receiving money at a money transfer location from a potential purchaser. The money is then stored as an electronic record in a stored value account of the purchaser. This money is then available for transfer at the request of the purchaser. Upon such a request, the money may be electronically sent to a recipient and the stored value account may be debited. | 07-29-2010 |
20100198725 | METHOD FOR SECURING TRANSACTIONS, TRANSACTION DEVICE, BANK SERVER, MOBILE TERMINAL, AND CORRESPONDING COMPUTER PROGRAMS - A method for securing a transaction by an electronic card paired with at least one mobile terminal, wherein a banking organization in charge of managing transactions involving the card has previously recorded an identifier of the mobile terminal among data relating to the owner of the card. The securing method includes: transmission, by the mobile terminal, of at least one first signal including a message containing the identifier; receipt, by at least one transaction device near the mobile terminal, of the first signal; transmission, by the transaction device, of a second signal including at least the message to at least one remote banking organization; assignment, by a control server of the banking organization, to a transaction involving the electronic card, by a control server of the banking organization, of information representing proximity between the electronic card and the mobile terminal, according to the second signal received by the banking organization. | 08-05-2010 |
20100198726 | METHODS AND SYSTEMS FOR EXCHANGING/TRANSFERRING GIFT CARDS - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user. | 08-05-2010 |
20100198727 | Virtual terminal for payment processing - In some embodiments, a process for performing transaction tasks using a virtual terminal comprises: presenting functions to a user, receiving a selected function, and performing the selected function. The presented functions may comprise: (a) activating at least one card; (b) deactivating a card; (c) generating a PIN; (d) inserting value; (e) generating an End of Day report; and (f) managing users. | 08-05-2010 |
20100211500 | CHARITABLE GIFT CARD - The present invention provides a system and method for providing a charitable gift. The system and method receiving a payment from a gift giver for a donation of a donation amount on behalf of a gift recipient, the donation being made to a charity. The system and method includes processing the charitable donation for submission to the charity on behalf of the gift recipient. The system and method includes electronically applying charitable donation information to a gift card, including the donation amount. And the method any system includes activating the gift card for presentation to the gift recipient, the gift card including the charitable donation information. | 08-19-2010 |
20100211502 | INFORMATION PROCESSING DEVICE, INFORMATION PROVIDING DEVICE, INFORMATION PROCESSING METHOD AND INFORMATION PROVIDING METHOD - A function for processing electronic money is installed in a mobile phone | 08-19-2010 |
20100217707 | AUTOMATED OPENING OF ELECTRONIC WALLET FUNCTION IN MOBILE DEVICE - A method includes bringing a mobile device into proximity with an indicium, the indicium adjacent a radio frequency identification (RFID) integrated circuit (IC), the RFID IC coupled to an antenna. The method further includes the mobile device reading a message from the RFID IC, where the message is transmitted by the RFID IC via the antenna. The method further includes the mobile device responding to the message by opening an electronic wallet function in the mobile device. | 08-26-2010 |
20100228668 | Method and System for Conducting a Transaction Using a Proximity Device and an Identifier - A proximity device transmits a first dynamic authentication value contactlessly to a terminal. The first authentication value is included in a discretionary data field of message data arranged in an ISO Track 1 and/or ISO Track 2 format. Message data is sent from the terminal to an issuer. The issuer separately derives a second authentication value and compares it with the first authentication value. An identifier associated with the primary account number (PAN) is also used and transmitted instead of the PAN. | 09-09-2010 |
20100241562 | CURRENCY DISPENSE AND CONTROL SYSTEM WITH ANTI-THEFT FEATURES - A cost-effective, currency dispense and control system (CDCS) securely dispenses paper money in one of the following modes: (1) an ATM system and (2) a currency control system that allows a merchant or merchant-approved employee to withdraw cash from the CDCS independent of a standard ATM electronic fund transfer (EFT) network. The CDCS may also include the following functionalities: a duress dispensation system that allows the CDCS to activate an alarm and/or otherwise communicate with local police or security services during a robbery, a time-release system that effects a time-delayed dispensation functionality, and a user identification and authentication system for authenticating a user identity and determining eligibility of the user to access the currency control system. | 09-23-2010 |
20100241563 | M-COMMERCE VIRTUAL CASH SYSTEM, METHOD, AND APPARATUS - A virtual cash system, method, and apparatus has an account record containing a record of money amounts associated with a wireless device and a transmitter for wirelessly transmitting to the wireless device predetermined information from the account record. Cash amounts can be spent from the account record directly from the wireless device via information derived from the wireless device via a bar code on the display, a short range radio signal, a light beam, or the like. A different security code is generated for each account transaction for verification. | 09-23-2010 |
20100280945 | SYSTEM FOR ACCEPTING VALUE FROM CLOSED GROUPS - A system for facilitating a sequence of events each comprising a multiplicity of purchases made by known users, the system comprising an on-site data bank recording an ID and a pre-paid balance value for each user expected to attend, a loader operative to set up for each event by loading into the data bank, IDs and pre-paid balance values, for users expected to attend, portable receptacles issued to each user and storing his ID and balance, e-cash filling stations incrementing the balance in the data bank, to reflect pre-payments made thereby, and mobile service provider workstations operative to read portable receptacles, to access the data bank according to the user ID of each portable receptacle, to enter into a transaction with a user if his balance accessed from the data bank is positive, and to decrement the transaction's value from his balance in the data bank. | 11-04-2010 |
20100287095 | Portable Terminal Device, Charging Management Component, and Program for Controlling Portable Terminal - A portable terminal device includes a main control unit | 11-11-2010 |
20100293093 | Alterable Security Value - Handling of verification values for portable consumer payment devices is disclosed. A verification value can be generated and associated with a portable payment device. The verification value can serve to supplement the conventional verification value that is printed on the portable payment device in order to provide an additional level of security against fraudulent use. When the portable payment device is used for a qualifying transaction, the generated verification value can be used to verify or authenticate the transaction instead of or in addition to the conventional verification value printed on the portable payment device. | 11-18-2010 |
20100299255 | CASH REDEMPTION OF FUNDED PORTABLE CONSUMER TRANSACTION DEVICE WITHOUT PURCHASE TRANSACTION REQUIREMENTS - According to one implementation, a method is presented for redeeming cash from a funded Prepaid Portable Consumer Transaction Device (PPCTD) without conducting a purchase transaction in a payment processing apparatus. A first merchant at a first location receives a tender for deposit into an account having an identifier. A second merchant at a second location tenders a PPCTD corresponding to the account to a consumer in response to receiving the identifier from the consumer. In response to receiving from the consumer the tendered PPCTD and a request for substantially the full value in the account, the second merchant tenders substantially the full value of the account to the consumer. The second merchant makes the tender without requiring that the consumer conduct a purchase transaction for the sale of a good or service from the second merchant. | 11-25-2010 |
20100306105 | METHOD AND DEVICE FOR GENERATING A SINGLE-USE FINANCIAL ACCOUNT NUMBER - A device for facilitating financial account transactions is described which includes a processing unit including a cryptographic processor. The device also includes an input unit, a display unit and a memory device connected to the processing unit. The memory device contains a private cryptographic key, a first data element and a second data element. The processing unit encrypts the first data element using the private cryptographic key and the second data element, modifies the second data element, combines the encrypted first data element and the second data element to generate a single-use financial account identifier, and displays the single-use financial account identifier. This identifier is then transmitted to a central processor for authorization of the transaction. The central processor extracts and decrypts data elements from the transmitted identifier using the private cryptographic key, compares those data elements with data elements stored in a memory, and verifies the single-use financial account identifier in accordance with the comparison. | 12-02-2010 |
20100312697 | PAYMENT SERVICES FOR MULTI-NATIONAL CORPORATIONS - A central coordinating body (CCB) is part of a global commercial card processing system. The CCB provides standards, relationships, management protocols, problem resolution, processing, data sourcing and reporting capabilities. The local card issuer services a client locally on behalf of the lead card issuer. The lead issuer and CCB enter into an agreement that defines services that will be performed for the client by local issuers and services to be performed by CCB. The local issuers and CCB enter into an agreement defining the services to be provided for the client. A list of services to be provided is published that describes the services provided by a local issuer. The agreements specify a bid process for when an RFP is received from a client. Revenue from transactions received by a local issuer is sent to the lead issuer. The local issuer and CCB charge fees for the services provided to the lead issuer. | 12-09-2010 |
20100312698 | SMARTCARD TRANSACTION SYSTEM AND METHOD - A method for facilitating biometric security in a smartcard-reader transaction system is provided. The method includes determining if a transaction violates an established rule, such as a preset spending limit. The method also includes notifying a user to proffer a biometric sample in order to verify the identity of said user, and detecting a proffered biometric at a sensor to obtain a proffered biometric sample. The method additionally comprises verifying the proffered biometric sample and authorizing a transaction to continue upon verification of the proffered biometric sample. | 12-09-2010 |
20100312699 | Debit purchasing of stored value card for use by and/or delivery to others - A method of issuing a purchase card is provided. The method includes the steps of presenting a purchaser with the opportunity to buy the purchase card, determining whether the purchaser has sufficient funds to pay for the purchase card, creating a purchase card account for a recipient designated by the purchaser, and issuing the purchase card. The purchase card may also be issued in connection with another credit card, for example as a rebate for purchases on the credit card. The purchase card may also be converted to a credit card. | 12-09-2010 |
20100325043 | CUSTOMIZED CARD-BUILDING TOOL - Embodiments of the invention provide an apparatus and method for customizing a bank card. For example, the apparatus includes a communication interface and a processor operatively coupled to the communication interface. The communication interface is configured to interact with a user terminal and receive user input from the user terminal, the user input including at least one user-selected bank card option. The processor is configured to provide, via the communication interface, a graphical user interface to be displayed on a display of the user terminal. The graphical user interface includes an image of the bank card having the at least one user-selected bank card option and showing the user's name on the image of the bank card. | 12-23-2010 |
20100332387 | Method, Apparatus, and Computer Program Product for Allowing Payment Cards Issued for Only Limited Duration Use to be Reused Multiple Times to Reduce the Overall Cost of Issuance - A recyclable contactless payment device is issued to a first patron of a venue. Use of the contactless payment device at the venue by the first patron is facilitated, as is return of the contactless payment device by the first patron for recycling. The contactless payment device is deactivated and stored. The issuing and facilitation of use are repeated for at least a second patron of the venue, with the same recyclable contactless payment device. | 12-30-2010 |
20110040682 | AUTOMATED FUNDING FOR PREPAID CARD - Systems and methods for funding prepaid cards or prepaid accounts in a prepaid account payroll program are presented. In one embodiment, a payroll program having employers who pay into employees' prepaid card accounts is presented. An additional prepaid account is provided for the employer, and the employer transfers funds into the additional prepaid account before the funds are disbursed from the additional prepaid account into the employees' prepaid card accounts. This transfer can be accomplished entirely within a network of a payment processing company so as to avoid interchange and merchant fees charged by banks. | 02-17-2011 |
20110047074 | One card system - This invention relates to a novel system which includes a new device (the DEVICE) and a new business process (the PROCESS) that combines multiple cards (for both financial and non-financial transactions) into one card in a secured manner. | 02-24-2011 |
20110055081 | SYSTEM AND METHOD FOR PROVIDING ALTERNATE FUNDING SOURCE FOR PORTABLE CONSUMER DEVICE - A system, apparatus, and method for providing a mechanism for loading a prepaid card, such as a payroll card, with funds from a source other than the employer of the cardholder. The invention permits a cardholder to request that their employer provided payroll card (or other form of prepaid card) be charged or loaded with funds from an alternate source of funding. In response to the request, one or more background, credit, or other forms of security checks or investigations may be performed to ensure that accurate data regarding the cardholder is available and that there are no indications that the request might be an attempt to commit a fraudulent act. | 03-03-2011 |
20110055082 | Method and System for Distributing and Activating a Non-Personalized Purchase Card - The system includes a first and second computer systems and a purchase card associated with a major credit card organization. The card does not include information about any prospective card holder and is provided with a card number so that when activated, has an initial monetary value. The first computer system, located at a purchase outlet, is configured to transmit the card number over a communication network to the second computer system to activate the account, without requiring information from any person acquiring the card. The activated card is usable at retail establishments that accept credit cards. A method includes the steps of authorizing distribution of a plurality of non-activated purchase cards to purchase card outlets and authorizing activation of the purchase card account without requiring information from any person acquiring the card. Another method includes the steps of receiving a plurality of non-activated purchase cards at a purchase card outlet, and selling the purchase cards without acquiring information about the purchaser and initiating activation of the purchase card sold. | 03-03-2011 |
20110060683 | BUSINESS AND SOCIAL MEDIA SYSTEM - A business and social media system is provided for establishing communication services between people in different countries. The system includes a core system module, the core system module including a server for maintaining information regarding a client and a means for establishing communications services between a client and another person. The system further includes external modules in communication with the core system module, the modules including a telephony termination module, a telephone module service module, an SMS module, a contact center module, a mobile application module, a web application module, a retail module, a bank module, and the like. | 03-10-2011 |
20110071944 | SYSTEM AND METHOD FOR DISPENSING POSTAGE WITHOUT PRINTING - A method of dispensing evidence of postage payment that includes providing a machine readable mechanism, such as a barcode, for being associated with a mailpiece to a customer, wherein the machine readable mechanism includes a first identifier and the customer has a customer identifier. The method further includes receiving first information from a mobile electronic device associated with the customer, the first information including: (i) the first identifier, (ii) the customer identifier, and (iii) mailpiece information, preferably including a postage amount, relating to the mailpiece, the first identifier included in the first information having been obtained based on an image of the pre-printed machine readable mechanism captured by the mobile electronic device, deducting a postage amount based on the mailpiece information from a postage account associated with the customer identifier, and transmitting the first identifier and verification of payment for postage to a carrier. | 03-24-2011 |
20110082790 | System and Methods for Managing the Utilization of a Communications Device - A system and method for the real-time management of a device, and more particularly to the allocation of electronic wallets that are associated with one or more devices and various controls that enable at least two entities to manage how the device is utilized for various activities and to pay for goods and services. Each device is associated with at least two electronic wallets, a user wallet and an administrator wallet. The administrator can establish rules that designate how and when the device can be used and which wallet will be used to pay for goods and services desired by the user, but in the event the user wallet is depleted or low on funds, the administrator wallet can serve as a backup funding source for specified types of goods and/or services. Additional wallets can also be associated with the device to authorize and pay for goods and services, under the control of the administrator wallet, such as a promotional wallet that could be designated for use with the device before a primary or administrative wallet was used, or a dynamic wallet that could be associated for use with multiple different devices as well as other wallets, but acts in conjunction with the user and administrator wallets. Additional rules can be established to perform many other functions, such as manage the movement of value between wallets and from other sources to the wallets. | 04-07-2011 |
20110099104 | Methods and Apparatus for Stored Value Token Creation - Systems and techniques for managing creation, delivery, and redemption of stored value tokens such as gift cards and electronic gift cards. An interface presented to a donor at a terminal allows the donor to specify details of a token, including token value and whether the token is to be associated with a particular retailer or group of retailers. The donor is also able to specify restrictions on the use of the token. For example, the donor may prohibit the purchase of particular categories of products or may specify categories of products authorized for purchase and the amount that may be spent for each category. The donor is also able to specify particular products to be purchased. A token definition is stored and a token associated with the definition is delivered to a recipient. When the recipient presents the token for redemption, the token is redeemed according to the definition. | 04-28-2011 |
20110099105 | SELF-SERVICE CURRENCY EXCHANGE MACHINE - A self-service exchange machine is configured to receive currency from a customer and dispense to the customer a card associated with a value relating to the value of the received currency. The self-service exchange machine includes a coin module for receiving bulk mixed coins input by the customer in a coin hopper in association with the exchange transaction, the coin module being configured to substantially simultaneously receive the bulk mixed coins in the coin hopper, to separate the bulk mixed coins into a single-file stream of coins using a motor-driven rotary sorting device and, following the separation of the bulk mixed coins into a single-file stream of coins, to discriminate between valid and invalid coins using at least one discrimination sensor disposed along the coin path of the single-file stream of coins. The self-service exchange machine also includes a bill module configured to receive bills and to discriminate between valid and invalid bills, a display device, a card dispenser configured to dispense a card having a storage medium for storing a monetary value and a controller coupled to the display device, the coin module, the bill module, and the card dispenser. The controller is configured to determine a total value of valid coins and valid bills input into the coin module and the bill module, to cause the display of a total value on the display device, and to instruct the card dispenser to dispense a card with a monetary value that is related to the total value to complete the exchange transaction. The card is exchanged for the input currency and the monetary value stored on the dispensed card can be for any monetary value input by the customer and is not constrained to a predetermined value or values. | 04-28-2011 |
20110099106 | TRANSACTION PRODUCT WITH ELECTRICAL CIRCUIT - A transaction product includes an electrical circuit, a housing, and an account identifier. The electrical circuit includes a plurality of lights The housing substantially encloses the electrical circuit including the plurality of lights. The housing defines a plurality of light cavities separated from one another and substantially enclosed within the housing, and each of the plurality of lights is positioned in a different one of the plurality of light cavities. The account identifier is coupled to the housing and links the transaction product to a financial account having an associated monetary value available toward a price of a purchase, wherein the account identifier is machine readable. Other products, cards, assemblies and methods of using such cards, products and assemblies are also disclosed. | 04-28-2011 |
20110106697 | TRANSACTION PRODUCT ASSEMBLY WITH REMOTE CONTROLLED ARTICLE - A transaction product assembly includes a transaction product and a mechanical article. The transaction product includes an account identifier fixedly connected thereto, wherein the account identifier links the transaction product to an account and is machine readable by a terminal. The transaction product also includes a transmitting electrical assembly and at least one control button configured to interact with the transmitting electrical assembly in a manner causing the transmitting electrical assembly to output a radio frequency signal. The mechanical article includes at least one movable member, a receiving electrical assembly, and a motor. The receiving electrical assembly is configured to remotely receive the radio frequency signal output from the transmitting electrical assembly and to activate the motor. When activated, the motor induces movement of the at least one movable member relative to a remainder of the mechanical article in a manner consistent with the radio frequency signal. | 05-05-2011 |
20110106698 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift card recipients to redeem gift card amounts using existing accounts such as a credit/debit card. A system practicing the method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. When the recipient makes a purchase using an existing credit/debit card according to the policy, the gift card amount is applied to the transaction. No special codes, separate physical gift cards, or printable coupons are necessary for redemption. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. The recipient credit/debit card becomes a combination of an open-looped card and a closed-loop card. Thus, no money is wasted or lost. | 05-05-2011 |
20110106699 | TRANSACTION CARD WITH AUDIO FILE PITCH TRANSFORMATION - A transaction card includes an audio circuit, a housing, a switch, and an account identifier. The audio circuit is configured to capture an audio file and to transform a pitch of the audio file. The audio circuit includes a speaker configured to play the captured audio file as transformed by the audio circuit with a different pitch than the pitch originally captured for the audio file. The housing substantially encloses the audio circuit. The switch is movable by a bearer of the transaction card external to the housing. When the bearer interacts with the switch, the audio circuit is activated to transform the pitch of the audio file to the different pitch. The account identifier is fixedly coupled to the housing, and the account identifier links the transaction card to an account or record, wherein the account identifier is machine readable. | 05-05-2011 |
20110119181 | Secure limit card - A method and system for issuing a limit card to a card requestor for a self imposed cash amount to make a product or service purchase with the transaction being conducted solely the vendor and the financial card sponsor. The method includes a financial card sponsor or authorized dealer issuing a card to a card requestor who immediately or subsequently activates the card by depositing funds to the card at a card activating entity. The cardholder gives a monetary amount to a clerk or cash accepting device at any participating entity which then credits the card with the monetary amount less any service charge. The activating entity gives the cardholder a receipt bearing the date and amount when the card is purchase. The remainder of the deposit is electronically forwarded to the sponsor who deducts the commission and activates the cardholder's account. The cardholder submits the card to a vendor to purchase a product or service, and the vendor accesses the account and carries out the transaction solely with the sponsor. The sponsor transfers to the vendor to close the transaction, and the vendor delivers the product or service to the cardholder. | 05-19-2011 |
20110119182 | Value Transfer System for Online Commerce Using Smart Card and Biometric Reader - A closed value transfer system for online commerce using a Smart Card and a USB Biometric Smart Card and Fingerprint Reader, for making quick, private and secure online purchases. | 05-19-2011 |
20110125638 | Internet Payment, Authentication And Loading System Using Virtual Smart Card - A system loads, authenticates and uses a virtual smart card for payment of goods and/or services purchased on-line over the Internet. An online purchase and load (OPAL) server includes a virtual smart card data base that has a record of information for each smart card that it represents for a user at the behest of an issuer. The server includes a smart card emulator that emulates a smart card by using the card data base and a hardware security module. The emulator interacts with a pseudo card reader module in the server that imitates a physical card reader. The server also includes a client code module that interacts with the pseudo card reader and a remote payment or load server. A pass-through client terminal presents a user interface and passes information between the OPAL server and a merchant server, and between the OPAL server and a bank server. The Internet provides the routing functionality between the client terminal and the various servers. A merchant advertises goods on a web site. A user uses the client terminal to purchase goods and/or services from the remote merchant server. The payment server processes, confirms and replies to the merchant server. The payment server is also used to authenticate the holder of a virtual card who wishes to redeem loyalty points from a merchant. To load value, the client terminal requests a load from a user account at the bank server. The load server processes, confirms and replies to the bank server. | 05-26-2011 |
20110137793 | Gift Card Activation Methods and Gift Card Products - A method of activating a gift card at a retail entity is provided. The method includes performing a first transaction based on first data obtained from a closed, empty product; retrieving the gift card from a secure location in the retail entity; reading second data from the gift card through a reader; and transmitting the second data and a value to be assigned to the gift card to a financial database platform. The financial database platform assigns the value to an account resident on the financial database platform associated to the gift card so that the gift card is activated. | 06-09-2011 |
20110166997 | PROXY-BASED PAYMENT SYSTEM - A system, method, and apparatus for accepting account-based contactless smartcards at offline terminals are disclosed. The contactless smartcards may be branded bank cards which have a prepaid account balance. Each card may include an integrated circuit with a payment application, a proxy application, and a proxy data store. A proxy-enabled card reader can read and write the proxy data and may use the proxy data to determine whether to proceed with a card-based transaction absent an online authorization. Updated proxy information may be periodically distributed throughout a payment system and used to update various lists maintained at the card readers. | 07-07-2011 |
20110166998 | METHOD OF CAPTURING INTEREST ON THE VALUE OF TRANSFERRED MONETARY RIGHTS MANAGED ON AN INTERNET-BASED MONETARY RIGHTS TRANSFER NETWORK, AND ASSOCIATED WITH AN AMOUNT OF MONEY HELD IN AN ACCOUNT AND HAVING A MONETARY VALUE REPRESENTED ON A STORED VALUE DEVICE - Method of capturing interest on the value of transferred monetary rights managed on an Internet-based Monetary Rights Transfer Network, and associated with an amount of money owned by an owner and held in a first account and having a monetary value represented on a stored value device held by a holder and provided by an issuer. While the owner of the amount of money earns an amount of interest on the value of the transferred monetary rights, and the amount of interest is deposited in a second account, the holder of the stored value device enjoys full use of the monetary value represented in the stored value device, and held in the first account represented by the non-transferred subset of monetary rights associated with the amount of money, including the right to make payments, the right to make purchases, and the right to hold money as a store of value. | 07-07-2011 |
20110166999 | SYSTEM AND APPARATUS FOR SMART CARD PERSONALIZATION - A smart card personalization system maintains a database containing card issuer data format templates, card applications, card operating system commands, and personalization equipment specifications and provides a centralized interface of inputs and outputs to a card issuing process which dynamically adjusts to changes in the issuing process to easily permit a card issuer to change data formats, card applications, card operating systems and/or personalization equipment in a card issuing process. The system interfaces to any card issuer management system, manages the transfer of cardholder data and card applications to the particular personalization equipment used, and maintains statistics for real-time and off-line inquiries to support critical management and reporting functions. Furthermore, the system works with a variety of security methodologies to prevent fraud. | 07-07-2011 |
20110173120 | REMOTE RECHARGEABLE PREPAID CELLULAR SERVICE PERIPHERAL DEVICE - An integrated prepaid cellular service and telephone unit including a cellular transceiver, a storage unit, a processor; and a credit/debit card interface. In a further aspect, the invention includes code for contacting a cellular provider, transmitting user debit/credit information, receiving a quantity of pre-paid cellular service units, storing the units, and allowing use of the cellular transceiver as long as said units does not equal zero. | 07-14-2011 |
20110173121 | METHOD AND SYSTEM OF CONTACTLESS INTERFACING FOR SMART CARD BANKING - A method and system of smart card banking utilizes a contactless communication interface, such as infrared or a wireless or radio frequency interface, including, for example, a proximity interface. A contactless communication is initiated for a smart card user between a smart card application and the on-line system of a financial institution, such as a bank, the system verifies authorization for the communication, the information is communicated for the user to the on-line system. The contactless communication is initiated, and the information is communicated, for example, between a contactless interface transceiver of a personal data assistant, into which the smart card is inserted, and the contactless interface transceiver of an on-line terminal. Alternatively, the contactless communication is initiated, and the information is communicated between a contactless interface transceiver of the smart card and the contactless interface transceiver of the terminal. | 07-14-2011 |
20110178924 | CLIENT CUSTOMIZED VIRTUAL OR PHYSICAL CARD FOR USE WITH SELECTED MERCHANTS - A client selects several merchants with whom the card may be redeemed, the amount redeemable, and a design for the card, which is personalized for the card recipient. | 07-21-2011 |
20110191240 | METHOD AND APPARATUS FOR DISTRIBUTION OF MONEY TRANSFERS - A method of performing money transfer send transactions begins with receiving registration information from a customer, including customer identification and qualification information and payment source identification and performing verification of at least a portion of the identification and qualification information and the payment source identification and upon sufficient verification building a distribution profile. The method proceeds by receiving from the customer and storing in the distribution profile send transaction specifications for staging each of one or more proposed send transactions, and receiving a send initiation instruction with associated customer authentication data and responsive thereto identifying a distribution profile and at least one send transaction specification to be executed. Responsive to the send initiation instruction, the method verifies the authentication data and the current status of the payment source identified in the distribution profile and upon sufficient verification, initiates a send transaction according to the at least one send transaction specification. | 08-04-2011 |
20110196787 | System And Method Of Transferring Money To An Electronic Wallet - A method of transferring value to an electronic wallet includes obtaining a first telephone number from a user, the first telephone number being associated with a mobile telephone of the user; obtaining a PIN from the user, the PIN being associated with a prepaid money transfer card, the prepaid money transfer card having a value associated therewith; obtaining a second telephone number from the user, the second telephone number being associated with a mobile telephone of an intended recipient of at least some of the value associated with the prepaid money transfer card; and transferring the at least some of the value associated with the prepaid money transfer card with an electronic wallet associated with the second telephone number. | 08-11-2011 |
20110196788 | Method for loading double e-wallets - The invention discloses a method for loading double e-wallets, relating to the information security field. The method includes steps of entering into a contactless inductive area of a terminal by the CPU card; being powered on and initialized, synchronizing a first e-wallet and a second e-wallet by the CPU card; receiving and executing INITIALIZE FOR LOAD instruction sent by the terminal, and returning a response message of INITIALIZE FOR LOAD instruction to the terminal, by the CPU card; receiving the response message of INITIALIZE FOR LOAD instruction and sending data in the response message of INITIALIZE FOR LOAD instruction, to a host, by the terminal; receiving and storing the data, sending LOAD allowing message to the terminal, by the host; receiving LOAD allowing message and sending LOAD instruction to the CPU card, by the terminal; receiving LOAD instruction, performing loading operation on the second e-wallet, refreshing balance of the first e-wallet and returning the response message of LOAD instruction, to the terminal, by the CPU card. (FIG. | 08-11-2011 |
20110218911 | PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card. | 09-08-2011 |
20110238571 | Method for Processing Internet Point of Sale Payment Using Automated Teller Machine Switch Settlement - A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages. The VPL is a limited function receive only account for receiving electronic payments through the EFT. The Account Reporter is a portal to view transaction history and balance of IPA and VPL accounts, provide online, real-time transaction reports, and to reconciles accounts receivable/purchase records against incoming EFT payment records. A physical card can be associated with either an IPA or VPL account in order to provide PIN debit capability. | 09-29-2011 |
20110246362 | Method and System for Processing Internet Payments Using the Electronic Funds Transfer Network - A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages. The VPL is a limited function receive only account for receiving electronic payments through the EFT. The Account Reporter is a portal to view transaction history and balance of IPA and VPL accounts, provide online, real-time transaction reports, and to reconciles accounts receivable/purchase records against incoming EFT payment records. A physical card can be associated with either an IPA or VPL account in order to provide PIN debit capability. | 10-06-2011 |
20110251955 | ENHANCED SMART CARD USAGE - A smart card ( | 10-13-2011 |
20110264584 | Portable Consumer Device for Use in Currency Conversion Process - A server computer including a processor and a computer readable medium coupled to the processor. The computer readable medium includes code executable by the processor. The code includes code for determining a load value loaded on a portable consumer device in a first currency and code for converting at least a portion of the load value to a second currency using an exchange rate associated with the first currency and the second currency, where the exchange rate is associated with a set date. The set date may be a current or future date. | 10-27-2011 |
20110270750 | System and method for securing payment instruments - A system and method for securing financial information in payment instruments including generating a pseudorandom number sequence, generating an activation code, including a unique pseudorandom number of the sequence with each payment instrument of a plurality of payment instruments and issuing the plurality of payment instruments with the activation code to a customer. The activation code is associated with customer identifying information and each unique pseudorandom number of the sequence included with each payment instrument of the plurality of payment instrument. The plurality of payment instruments is activated with the activation code. A received payment instrument of the plurality of payment instruments is authenticated if the customer and the unique pseudorandom number of the sequence included on the received payment instrument are authenticated and if the plurality of payment instruments are activated. | 11-03-2011 |
20110276482 | SYSTEM AND METHOD FOR IDENTIFYING MULTIPLE TYPES OF ELECTRONIC MONEY, AND APPARATUS APPLIED THERETO - The present disclosure relates to a system and method for identifying multiple types of electronic money, and an apparatus employing the same. The system for identifying multiple types of electronic money includes an electronic money terminal apparatus capable of identifying various types of electronic money and providing an electronic money service, including charging, payment, and transfer of electronic money | 11-10-2011 |
20110282784 | SYSTEMS AND METHODS FOR REASSIGNMENT OF A VIRTUAL CARD - A method stored in memory executable by a processor for transferring ownership of a virtual value card in a virtual card management system is provided. The method includes, at a virtual card manager, receiving a request for reassignment of the virtual value card from a source virtual card engine to a target virtual card engine at a virtual card manager. The method further includes, at the virtual card manager, modifying card data in a manager-side associative card profile included in the virtual card manager and requesting modification of card data in a provider-side associative card profile to permit use of the virtual value card by the target virtual card engine and inhibit use of the virtual value card by the source virtual card engine in response to reception of the request for reassignment. | 11-17-2011 |
20110288993 | SMARTCARD TRANSACTION SYSTEM AND METHOD - A method for facilitating biometric security in a smartcard-reader transaction system is provided. The method includes determining if a transaction violates an established rule, such as a preset spending limit. The method also includes notifying a user to proffer a biometric sample in order to verify the identity of said user, and detecting a proffered biometric at a sensor to obtain a proffered biometric sample. The method additionally comprises verifying the proffered biometric sample and authorizing a transaction to continue upon verification of the proffered biometric sample. | 11-24-2011 |
20110295744 | GIFT CARD PROCESSING - The present invention extends to methods, systems, and computer program products for processing gift cards. Some embodiments permit a user to aggregate value from a plurality of merchant specific gift cards onto a universal gift card useable at a variety of merchants. Embodiments also facilitate ignoring and/or adding restrictions from merchant specific gift cards when values are aggregated. Unused balances from universal card accounts can be transferred to an interest bearing account for the benefit of a universal card management system. In other separate embodiments, characteristics of a plurality of other types of cards, such as, rewards cards, are aggregated under a user card account. | 12-01-2011 |
20110307377 | SYSTEMS AND METHODS TO MANAGE AND CONTROL USE OF A VIRTUAL CARD - Systems and methods are provided for creating and using versions of a shared virtual card. In one example, a system for sharing stored value is provided. The system may include a virtual card manager configured to manage one or more shared virtual cards and a first computing device including a virtual card engine executable by a processor to manage the shared virtual card. The first computing device may be communicatively coupled to the virtual card manager via a network. In the example, stored value of the shared virtual card may be split between a first version and a second version. The first version may receive a first portion of the stored value and the second version may receive a second portion of the stored value; the first version available for use on the first computing device and the second version available for use on a second computing device. | 12-15-2011 |
20110307378 | METHODS AND SYSTEMS FOR EXCHANGING/TRANSFERRING GIFT CARDS - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user. | 12-15-2011 |
20110320350 | TRANSACTION PRODUCT WITH A PLURALITY OF CARDS - A transaction product includes a housing and a plurality of cards. The housing defines a storage chamber and a substantially planar exterior surface facing away from the storage chamber. The housing is configured to repeatedly open and close to selectively provide access to the storage chamber and includes a machine-readable account identifier statically secured to the substantially planar exterior surface. The machine-readable account identifier links the transaction product to an account or record remote from the transaction product and having a value available for use as payment toward a purchase. The plurality of cards is arranged in at least one stack. The at least one stack is selectively maintained within the storage chamber of the housing, and each card of the plurality of cards is substantially planar. | 12-29-2011 |
20120005094 | System, Program Product, and Associated Methods to Autodraw for Micro-Credit Attached to Prepaid Card - A prepaid card processor receives data for a line of credit for a prepaid card from a lending institution computer. The prepaid card processor makes available draws to the line of credit line on behalf of the lending institution computer in an authorization stream for a proposed purchase using the prepaid card as payment. When the line of credit is accessed, the processor loads the prepaid card with an additional value equal to one or more preselected loan increments so that the prepaid card then has a new amount totaling a previous amount plus the amount of value of the one or more preselected loan increments and so that the new amount exceeds or equals the value of a proposed purchase. Then the processor notifies the lending institution so that the line of credit balances on the lending institution computer and the prepaid card processor are kept in sync. | 01-05-2012 |
20120011062 | Apparatus and Method for Dynamic Offline Balance Management for Preauthorized Smart Cards - A smart payment device is issued to a user; the device is capable of both offline and online transactions and has a total available balance split. The split is between an available offline balance and an available online balance. It is determined whether the user has entered a primarily offline environment or will imminently enter a primarily offline environment. If this is so, the total available balance split is redistributed to favor offline transactions. | 01-12-2012 |
20120011063 | VIRTUAL WALLET ACCOUNT WITH AUTOMATIC-LOADING - Methods and apparatus for operating a virtual wallet system are described. In an embodiment, the process includes receiving, at a virtual wallet server, a virtual wallet account number and payment transaction details that includes a payment amount, and then mapping the virtual wallet account number to at least one funding account associated with a consumer. The method also includes validating the consumer and the payment transaction details, generating a standard purchase authorization request message and routing it to an issuer of the at least one funding account, and receiving an authorization response approving the payment transaction. The process further includes loading the consumer's virtual wallet account in real time to match the payment amount, and routing an authorization approval message to an originating acquirer. Such a virtual wallet system with automatic-loading capabilities substantially improves the operation of decoupled debit payment account schemes. In addition, the use of a virtual wallet account assigned to a consumer by virtue of a virtual wallet account number (which can be described as a pseudo-primary account number (pseudo-PAN)) allows the consumer to fund payments for multiple PSP accounts from a single funding account while simultaneously protecting personal data and protecting against identity theft. | 01-12-2012 |
20120011064 | PREPAID TRANSACTION CARD ACTIVATION SYSTEM AND METHOD - Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale. | 01-12-2012 |
20120016797 | System and Method for Instant Issue of Personalized Financial Transaction Cards - In a method for instantly issuing a personalized financial transaction card to a customer a bank employee receives customer information and card information from the customer at a branch location. The card information may include a card personal identification number (PIN) selected by the customer. The operator inputs the customer information and at least some the card information into a data processing terminal at the branch. The customer information and the card information are communicated from the branch across a network to a card services provider. At the card services provider, the PIN is entered into a PIN database and a reference number associated with the customer and a PIN offset is generated. The reference number and at least some of the customer data and card data may be stored in a card file associated with the customer. The reference number is used to retrieve the PIN from the PIN database. The retrieved PIN is then used to apply calculations to the card file. The card file is securely sent from the card services provider across the network to the branch location. Using information from the card file, the financial transaction card is printed for the customer at the branch location. In a preferred embodiment, the personalized card is instantly issued while the customer is present at the branch location. | 01-19-2012 |
20120030103 | Image-Based Submission and Verification of Redemption Codes - Improved systems and techniques for submission and verification of redemption codes are disclosed. It will be appreciated that the submission and verification techniques can, among other things, automate the submission and verification of redemption codes for various redeemable instruments, including transaction cards (e.g., gift or prepaid cards) widely used for online transactions (e.g., purchase of media items from an online media store). A redemption code can be determined based on an image of a redeemable instrument. More particularly, an image of a redeemable instrument can be processed using image analysis or one or more image processing techniques to extract a redemption code for the redeemable instrument. By way of example, an image (e.g., a digital picture) of a gift card can be processed by a device to extract an alphanumeric value printed on the gift card. This means that the alphanumeric value need not be entered manually by a person seeking to redeem the redeemable instrument (e.g., gift card). As a result, users can simply take a picture of a redeemable instrument (e.g., gift card) rather than having to manually enter long alphanumeric values commonly used today. | 02-02-2012 |
20120036066 | Consumer Self-Activated Financial Card - A pre-encoded financial card is disclosed along with a system and method allowing a user to attach it to pre-existing accounts and activate it instantly. | 02-09-2012 |
20120036067 | ELECTRONIC MONEY CHARGING SERVICE SYSTEM, ELECTRONIC MONEY CHARGING SERVER AND CHARGING METHOD THEREOF - E-money recharge service system, e-money recharge server, and recharge method are disclosed. The e-money recharge service system includes: recipient terminal for receiving and storing e-money; payer terminal for performing settlement approval procedure for payment of e-money loaded into recipient terminal; and money recharge server for receiving input of money information including information on the whole or part of identification of recipient terminal, identification of payer terminal, recharge amount, and methods of payment from subscriber to money recharge service, for the subscriber acting money payer recharging the recipient terminal with e-money corresponding to recharge amount and making payment for settling recharge amount of money through the methods of payment, and for the subscriber acting money recipient transmitting message of inquiry to payer terminal of settlement approval of recharge amount and recharging recipient terminal with e-money corresponding to recharge amount if settlement approval is issued by payer terminal. | 02-09-2012 |
20120036068 | Multiple Account Advanced Payment Card and Method of Routing Card Transactions - A system of accessing through a financial processing network multiple accounts associated with a single financial card. Data is input to the financial network in addition to the transaction data and the account identification data that in read from the card. This addition data permits the proper account to be accessed. The data may be input at the point of sale as an account selection. In this instance, the selection may be used to route the transaction data through the financial processing network or may be used to read data regarding one of multiple accounts encoded on the card. The data may also be stored as conditional routing rules at transfer points in the financial processing network. In this instance, the transaction is routed to the proper account based on the stored rules. | 02-09-2012 |
20120047068 | CHARGE PAYMENT SYSTEM USING VIRTUAL MONEY - A card ID and a consumption amount of virtual money are transmitted from a game terminal as charging-target terminal apparatus, the card ID being recorded in a card possessed by a user (step S | 02-23-2012 |
20120066122 | Digital Currency Gift Cards and Their Methods of Production - Gift cards and/or placards as disclosed herein include: a) a card, placard or combination thereof, b) a graphic design related to the use of the card, placard or combination thereof, and c) a designated PIN space on the card, placard or combination thereof. Methods of producing a gift card for use in online environments are also described that includes: a) providing a card, placard or combination thereof that includes a PIN space, b) providing a printing apparatus, c) providing an individual PIN number; and d) using the printing apparatus to print the individual PIN number in the PIN space. | 03-15-2012 |
20120066123 | SYSTEM AND METHOD FOR SELECTION OF PAYMENT SYSTEMS FROM A PAYMENT SYSTEM DIRECTORY TO PROCESS A TRANSACTION - Dynamically enabling and facilitating businesses or other entities to locate and transact with payment systems for the purpose of processing payments. A customer interacts with a supplier of an item (e.g., goods or services), selects an item for purchase, and provides the supplier with payment criteria. The supplier queries a payment system directory to locate candidate payment systems for the transaction. The supplier then interacts directly with one or more of the payment systems to partially or fully process payment for the transaction. Alternatively, the supplier interacts with a gateway service, which queries a payment system directory to locate candidate payment systems and then interacts with one or more of the payment systems to process payment for the transaction. | 03-15-2012 |
20120072343 | REMOTE IMAGE CAPTURE WITH CENTRALIZED PROCESSING AND STORAGE - A system for remote data acquisition and centralized processing and storage provides comprehensive support for processing documents and electronic data associated with different applications including sales, business, banking and general consumer transactions. The system retrieves transaction data such as credit card receipts or checks in either electronic or paper form at one or more remote locations, encrypts the data, transmits the encrypted data to a central location, transforms the data to a usable form, performs identification verification using signature data and biometric data, generates informative reports from the data and transmits the informative reports to the remote location(s), providing high performance, security, reliability, fault tolerance and low cost. The network architecture facilitates secure communication between the remote location(s) and the central processing facility, a dynamic address assignment algorithm performs load balancing among the system's servers for faster performance and higher utilization, and a partitioning scheme improves the error correction process. | 03-22-2012 |
20120072344 | TECHNIQUES FOR TRANSACTION ADJUSTMENT - Techniques are provided for transaction adjustment. A payment device, having an offline balance, is presented to an offline terminal in connection with a putative transaction. If an irregularity with the putative transaction is detected, the offline balance is adjusted responsive to the detection. In one aspect of the invention, such adjustment can be carried out, via offline-terminal interaction, substantially without the use of a security module and cryptographic keys in the offline terminal. | 03-22-2012 |
20120078783 | METHOD, APPARATUS, AND SYSTEM FOR ENABLING PURCHASER TO DIRECT PAYMENT APPROVAL, SETTLEMENT, AND MEMBERSHIP SUBSCRIPTION USING MOBILE COMMUNICATION TERMINAL - The present invention relates to a payment system using a mobile communication terminal, and includes a transceiver having a dummy function, a purchaser mobile communication terminal, and a gateway. The transceiver having a dummy function transmits purchase information and merchant information, which are received from a POS system or a reader, in a Near Field Communication (NFC) manner. The purchaser mobile communication terminal performs user authentication, and transmits card information either selected by the purchaser or set depending on priorities, and the purchase information and the merchant information that are received from the transceiver. The gateway transmits the card information received from the purchaser mobile communication terminal to a card company server, receives payment approval from the card company server, and transmits the payment approval to the purchaser mobile communication terminal, the POS system or the reader. | 03-29-2012 |
20120084203 | SYSTEM AND METHOD FOR SECURE TRANSACTIONS USING DEVICE-RELATED FINGERPRINTS - A system for conducting money transfer transactions includes a wallet application at a mobile network host that facilitates the collection of fingerprint data at a mobile user device and that maintains wallets where the fingerprint data corresponding to a user device is stored as a reference fingerprint. The fingerprint data includes both device feature characteristics and device use characteristics. When a transaction is conducted a the user device, current fingerprint data from the user device is compared to the reference fingerprint, and the transaction is permitted based on the comparison. | 04-05-2012 |
20120084204 | SYSTEM AND METHOD FOR MAKING ELECTRONIC PAYMENTS FROM A WIRELESS MOBILE DEVICE - An electronic device, system and method are provided for populating an online payment form. An electronic wallet resident on an electronic device stores data for at least one payment card. A transcoding proxy receives an online payment form from a website of an online vendor, and the electronic wallet is invoked to access data for one of the payment cards. The data is provided to the transcoding proxy, which populates the online payment form. One of the payment cards may be pre-selected for use with a given vendor. | 04-05-2012 |
20120089513 | NEAR FIELD COMMUNICATION TERMINAL CAPABLE OF LOADING CARD WITH MONEY AND METHOD OF OPERATING THE SAME - Disclosed herein are an NFC terminal and a method of operating an NFC terminal. The NFC terminal includes an NFC unit and a payment unit. The NFC unit communicates with an external payment processing server. The payment unit pays for loaded money data while communicating with the payment processing server. | 04-12-2012 |
20120101943 | E-WALLET SERVICE METHOD BASED ON A WAITING SCREEN APPLICATION - The present invention provides an E-wallet service method based on a waiting screen application capable of providing payment services for various types of finance company systems through a waiting screen applications installed in various types of terminals without previous registration to finance company. | 04-26-2012 |
20120109820 | Computer-Implemented Methods, Computer Program Products, and Systems for Enhanced Loan Product Repayments - A computer configured and programmed as a financial institution computer, method, and system to schedule and obtain loan repayments from a customer, including flexible loan repayment mechanisms and schedules corresponding to expected deposit dates, e.g., multiple paydays. The computer can determine a repayment schedule for one or more loans responsive to an electronic loan request by the customer, direct deposit data for the customer, and preselected loan product parameters. The computer can monitor an account for an expected direct deposit from a first time prior to an expectation date of the expected direct deposit and up to a second time after the expectation date for the expected direct deposit to thereby define a time period around the expected direct deposit. The computer can obtain one or more repayments responsive to a receipt of the expected direct deposit, the expected direct deposit being one of a predetermined hierarchy of deposit sources. | 05-03-2012 |
20120116964 | Method and system of transaction cards management through business network - The present invention provides a system and a method for managing transaction cards through a business network, with which, the management and the deposit of transaction cards can be implemented any where and any time without carrying the transaction cards with card holders and without providing card holders' confidential information to card providers, and with which, card holders can manage transaction cards, make deposits and access and update card information of the transaction cards any where and any time without carrying the transaction cards with him/her and without providing card holders' confidential information to card providers, and with which, card providers can manage transaction cards and receive deposits any where and any time without requiring card holders' confidential information, wherein all the activities of transaction cards are recorded and reviewable. | 05-10-2012 |
20120116965 | SYSTEM AND METHOD FOR CONSOLIDATING NETWORK AND TRANSACTION FUNCTIONS ON A COMMUNICATION DEVICE - The present invention relates generally to a smart card device that is configured to facilitate wireless network access and credential verification. Specifically, the device is configured to meet the physical and electrical specification for commercially available mobile devices utilizing a standard Subscriber Identity Module (SIM) for network access. The device combines the features of the SIM with Common Access Card or Personal Identity Verification card features to allow a network subscriber to invoke secure payment transactions over a carrier's network. The system includes data storage for maintaining a plurality of network and transaction instrument profiles and a profile gateway for receiving transaction information from a payment gateway, sending an authorization request to a user's mobile device, receiving a transaction authorization from the mobile device, and sending transaction information to a payment gateway to finalize the payment transaction. | 05-10-2012 |
20120116966 | METHOD AND SYSTEM FOR MULTIUSE REDEMPTION CARDS - A multiuse redemption card enables a purchaser to provide the multiuse redemption card to a recipient for a defined amount and delay payment until the recipient uses the redemption card. The delayed payment can be incremental up to the defined amount so that the recipient can use the card multiple times. | 05-10-2012 |
20120123935 | System and Method for Physical-World Based Dynamic Contactless Data Emulation in a Portable Communication Device - Disclosed is as system and method for automatically selecting a credential among a plurality of credentials on a portable communication device based on a geo-location of the portable communication device and based on a user preference, for use in an electronic wallet transaction. The system includes a geo-location device configured to detect the geo-location of the portable communication device; a location identification service unit configured to be activated by a pre-determined user input, and configured to determine a merchant where the portable communication device is most likely to be located based on said geo-location, a storage means for storing preferences corresponding to the plurality of credentials; and means for automatically determining which of the plurality of credentials to use for the electronic wallet transaction based on the preferences. | 05-17-2012 |
20120123936 | PREPAID VALUE ACCOUNT WITH REVERSION TO PURCHASER SYSTEMS AND METHODS - Systems, methods, and devices are described for a refundable prepaid transaction cards. The methods and systems include a prepaid transaction card funded with funds by a purchaser. Also included is an issuer. The issuer receives the funds a distributes a prepaid transaction card associated with the funds. The methods and systems also include a prepaid transaction card identifier, wherein the prepaid transaction card identifier identifies the prepaid transaction card. The issuer maintains a central computer system that stores at least one parameter entitling the purchaser to a refund of at least a portion of the funds. The methods and systems also include a cash pool, the cash pool holding at least a portion of the funds funded by the purchaser. | 05-17-2012 |
20120123937 | PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card. | 05-17-2012 |
20120130892 | TOY WITH INDICIA OF STORED VALUE - The present invention is a stored value toy, and a method for sensing a stored value toy. A stored value toy integrates the functionality of a stored value card, or a gift card, into a three-dimensional toy, such as a model vehicle. The method includes sensing an account identifier from an account indicium permanently coupled in the toy, associating the identifier with an account, and taking some action involving the account. The action might be reading the account balance, initializing the balance with an amount, increasing the balance, or decreasing the balance. | 05-24-2012 |
20120136784 | Pre-Paid Card Transaction Computer to Load A Loan On A Pre-Paid Card - A loan transaction for a pre-paid card is approved for a borrower so that release of the loan proceeds is pending an activation of a pre-paid card. A financial institution computer converts loan data to be compatible with a prepaid card processor. The prepaid card processor activates a pre-paid card account responsive to an activation request on behalf of the borrower. The financial institution computer releases the pending loan proceeds to the pre-paid card processor so that the loan proceeds are released to the borrower and are immediately available to thereby convert the pre-paid card into a loan delivery apparatus. | 05-31-2012 |
20120136785 | Combination ATM/Vending Machine Kiosk - ATM kiosk/vending machine network that services the unbanked and underbanked markets, that will enables wireless transactions and processing of currency, pre-paid cash debit cards, and online banking. The concept can be applied to any vending machine product such as sodas, beverages, gasoline, candy, postage stamps, and more with the following features and benefits: Full service ATM/Vending, Issue cash debit cards, Transfer funds from one machine to another Issues and prints money orders, Bill paying GPS travel directions, Advertising on LCD screen, Purchase sporting/event tickets Reload cell phone pre-paid cards, Purchase beverage or gas, Wireless Internet access, and Bank-to-bank wire transfers. The present invention will also provide online banking, prepaid cards, and secured lending products to customers who may not qualify for conventional bank unsecured lending products, or whose needs cannot be met by traditional lenders. | 05-31-2012 |
20120143751 | GIFT CARD SYSTEM INCLUDING VIRTUAL GIFT CARD AND CARD AGGREGATOR - A method for execution on a computing device includes the steps of receiving information from a user to be included in a user profile, and establishing a user account associated with the user profile. The account has an identifier and an account balance; the balance is in accordance with funds expended by the user or received by transfer from another user. A user device is caused to display an image representing the account identifier; an external system (e.g. at a retailer) is permitted access to the account by recording the image. A user-initiated transaction (e.g. a retail purchase) is processed in accordance with information transmitted by the external system (e.g. over a network); this processing includes updating the account balance in accordance with the transaction. The displayed image may be a bar code scannable by the external system. | 06-07-2012 |
20120143752 | MULTI-COMMERCE CHANNEL WALLET FOR AUTHENTICATED TRANSACTIONS - A phone-based electronic wallet providing authenticated transactions across multiple channels of commerce. The electronic wallet may be used for point-of-sale payments, remote mobile payments and/or web-based payments, and may use authentication tools such as offline PINs, SecureCode PINs and/or online PINs. | 06-07-2012 |
20120143753 | SYSTEM AND METHOD FOR ONLINE BUYING TO AGGREGATE PAYMENTS FROM TWO OR MORE PEOPLE - A system and method for implementing a group payment transaction. A group payment transaction is initiated by a group leader. Payment information for a plurality of group members are received. Each group member's credit card is pre-authorized for an agreed to amount, but not finalized until a later time. Upon one or more triggers being satisfied, all of the pre-authorized credit card transactions are captured and finalized. The group may remain open or be closed at this point. If it remains open, additional group members may join the group until a maximum trigger value is satisfied. | 06-07-2012 |
20120143754 | ENHANCED CREDIT CARD SECURITY APPARATUS AND METHOD - A credit card, debit card, or other similar financial instrument is disclosed with the temporary assignment of a dynamic CVV for increased card security. The dynamic CVV is read, changed, and rewritten to the card with each transaction. To facilitate online purchases, a static CVV may also be provided for manual entry. Alternatively, the static CVV may be a reminder enabling a user to remember an unmarked static CVV, such as reading the digits in an order selected by a user, much like a PIN number. | 06-07-2012 |
20120150740 | SYSTEM AND METHOD FOR PROCESSING GIFT TRANSFERS VIA A SOCIAL NETWORK - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift interactions via social media. For example, a user can post to a social networking site in a particular way to establish a gift transfer to a recipient based on a policy, such that when the recipient makes a purchase using their pre-existing payment account, the gift (an amount of money) is transferred or applied to the recipient payment account. A particular structure or feature of a social network post can trigger the creation of the policy, with metadata or information parsed from the social network post providing additional details of the policy. In this way, a user can set up a gift transfer without interacting with a gift portal, application, or website. The recipient does not need to use any special code, separate physical gift cards, or printable coupons to redeem or use the gift. | 06-14-2012 |
20120150741 | MOBILE DEVICE FOR PROVIDING SMART WALLET SERVICE AND LAYER STRUCTURE FOR OPERATING SMART WALLET SERVICE - A smart wallet service module includes: a management unit for installing, activating, and terminating a smart wallet service or receiving and managing a user's setting; a security unit for providing an authentication service through an authenticated certificate or electronic signature; a storage unit for storing data in a database of a mobile device and managing the stored data; and a functional unit connected to a storage medium inside the mobile device and providing a service related to electronic commerce or credit card issuing. | 06-14-2012 |
20120158584 | DIGITAL WALLET - A digital wallet that facilitates fast, convenient, and secure commerce using a mobile electronic device (or non-mobile electronic device) and stores information associated with transactions, such as purchase confirmations and receipts. The digital wallet can store information for use in transactions, including information associated with one or more financial accounts, user information, and shipping information. To complete an online purchase, the digital wallet can interact with a merchant's website to obtain information regarding the purchase. The digital wallet provides a user interface for the user to review and confirm the purchase information. The user interface also allows the user to select from multiple payment options, customize shipping information, or provide information requested by the merchant. The digital wallet can transmit user confirmation to the merchant's website and receive a receipt for the purchase. The digital wallet can store the receipt and synchronize the receipt with a remote storage location. | 06-21-2012 |
20120166333 | DIGITAL WALLET - A digital wallet that facilitates fast, convenient, and secure commerce using a mobile electronic device (or non-mobile electronic device) and stores information associated with transactions, such as purchase confirmations and receipts. The digital wallet can store information for use in transactions, including information associated with one or more financial accounts, user information, and shipping information. To complete an online purchase, the digital wallet can interact with a merchant's website to obtain information regarding the purchase. The digital wallet provides a user interface for the user to review and confirm the purchase information. The user interface also allows the user to select from multiple payment options, customize shipping information, or provide information requested by the merchant. The digital wallet can transmit user confirmation to the merchant's website and receive a receipt for the purchase. The digital wallet can store the receipt and synchronize the receipt with a remote storage location. | 06-28-2012 |
20120173420 | PREPAID TRANSACTION CARD ACTIVATION SYSTEM AND METHOD - Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale. | 07-05-2012 |
20120179607 | MULTI-MERCHANT / ITEM STORED VALUE ACCOUNT TRANSACTIONS - The current subject matter provides techniques in which stored value from a stored value account can be redeemed at two or more backend stored value account processors in either a single transaction or multiple transactions. Techniques are also described for redeeming stored value from stored value accounts that correspond to bundled items. Related apparatus, systems, techniques and articles are also described. | 07-12-2012 |
20120185385 | Asset Theft Reporting System - An asset theft reporting system is provided, and includes a pre-paid debit card provided to an individual which is initially capable of being used only to pay for a telephone call by the individual to report a theft of an asset such as a vehicle. The asset is pre-registered with the system, and information about the asset is stored in a database. A telephone call from the individual reporting a theft of the asset is received and processed, and information about the theft is stored in the database. When the theft has been reported, the pre-paid debit card is electronically configured for use as a general-purpose debit card to purchase goods and/or services. Optionally, the system can contact one or more law enforcement authorities, and/or other entities, to report the theft of the asset and to initiate an investigation. | 07-19-2012 |
20120197793 | DEPENDENT NOTIFICATION ALERT - Embodiments of the invention allow a primary user to add dependent users to one or more accounts (e.g., shared accounts) of the primary user, in order to control and monitor the transactions made by a dependent user who is authorized to make purchases using the user computer systems that are linked to the primary user's shared account. The shared account can be a credit account, a debit account, a credit line account, a pre-paid account, or any other type of account that can be used to pay for products. In other embodiments of the invention the primary user may be linked to the dependent user account, be it a shared account or the dependent user's own account, in order to receive notification alerts regarding the transactions that the dependent user is trying to make. | 08-02-2012 |
20120197794 | SHARED MOBILE WALLET - The present invention provides embodiments of a shared account system that allows a primary user to add one or more dependent users to one or more accounts of the primary user in order to control and monitor the transactions made by a dependent user using a shared payment system. The primary user can set preferences, including spending limits, specific time frames within which the dependent user can make a purchase, or restrictions on transactions made at a store or for a product. The shared payment system may be a shared mobile wallet, such as a smartphone or PDA, which allows a user to enter into transactions. The shared mobile wallet allows the dependent user to make a purchase at a store or over a network by transmitting through a connection between the shared payment system and the merchant systems used to make the transaction. | 08-02-2012 |
20120226608 | Systems, Methods and Computer Program Products for Wirelessly Preprocessing a Transaction While in a Queue for a Point-of-Transaction - A transaction is preprocessed wirelessly in response to a wireless transaction preprocessing user device being in a queue for a point-of-transaction. The transaction that was preprocessed is then completed in response to the wireless transaction preprocessing user device reaching the point-of-transaction. Financial transactions and/or purchase of goods and/or services may thereby be preprocessed wirelessly and then completed at a point-of-transaction. Related devices and computer program products are also disclosed. | 09-06-2012 |
20120233070 | PRESENTING OFFERS ON A MOBILE COMMUNICATION DEVICE - Systems, methods, and computer program products provide for presentation of product offers in conjunction with a live video stream that includes images of the product or images associated with the product. The invention identifies products located proximate to a mobile communication, for example using real-time object recognition techniques, product codes, wireless communication or the like to identify products. Once the products are identified, related offers are determined and offer indicators are presented proximate to the location of the image in the live video stream. | 09-13-2012 |
20120233071 | METHOD AND APPARATUS FOR AUTOMATICALLY RELOADING A STORED VALUE CARD - To facilitate the sale of merchandise using a stored value card (SVC), a method and system are provided to automatically reload an SVC in accordance with automatic reload preferences associated with the SVC account. The preferences include the pre-authorized reload amount, payment method, and the circumstances under which to automatically reload the SVC with the pre-authorized reload amount. The preferences are previously specified by a party associated with the SVC when setting up the automatic reload option. The party is notified when the automatic reload occurs. | 09-13-2012 |
20120239564 | PREPAID CARD BUDGETING - In general terms, embodiments of the present invention relate to methods and apparatuses for providing one or more prepaid cards, prepaid card accounts, and/or prepaid card account services. For example, in some embodiments, a method is provided that includes: (a) receiving transaction information associated with a transaction, where the transaction includes a transaction machine, a prepaid card account, and a holder of the prepaid card account; (b) determining, based at least partially on the transaction information, that the transaction involves the prepaid card account; (c) determining that the prepaid card account has a budget category; (d) determining, based at least partially on the transaction information, that the transaction applies to the budget category; (e) determining that the budget category has a spending threshold; (f) determining, based at least partially on the transaction information, that the spending threshold will be (or has been) met as a result of the transaction; and (g) sending an alert to the holder based at least partially on the determining that the spending threshold will be (or has been) met. | 09-20-2012 |
20120239565 | Internet Payment, Authentication and Loading System Using Virtual Smart Card - A system loads, authenticates and uses a virtual smart card for payment of goods and/or services purchased on-line over the Internet. An online purchase and load (OPAL) server includes a virtual smart card data base that has a record of information for each smart card that it represents for a user at the behest of an issuer. The server includes a smart card emulator that emulates a smart card by using the card data base and a hardware security module. The emulator interacts with a pseudo card reader module in the server that imitates a physical card reader. The server also includes a client code module that interacts with the pseudo card reader and a remote payment or load server. A pass-through client terminal presents a user interface and passes information between the OPAL server and a merchant server, and between the OPAL server and a bank server. | 09-20-2012 |
20120239566 | ASSET STORAGE AND TRANSFER SYSTEM FOR ELECTRONIC PURSES - An electronic asset exchange system includes a communications medium and at least two electronic purses. Each electronic purse includes an interface configured to send and receive messages, a memory storing a current asset value amount, a respective unique identifier, and a log of asset transfers; and a controller. The controller receives an asset transfer message including at least an asset value amount to be transferred, and executes a Transfer-in process to increase the current asset value amount by the asset value amount to be transferred and record information of the asset transfer in the log. The controller receives, via the interface, an asset transfer request message including at least an asset value amount to be transferred, and executes a Transfer-out process to generate and send an asset transfer message including the asset value amount to be transferred, decreasing the current asset value amount by the asset value amount to be transferred; and recording information of the asset transfer in the log. | 09-20-2012 |
20120239567 | SYSTEM AND METHOD FOR AUTHENTICATING ELECTRONIC MONEY USING A SMART CARD AND A COMMUNICATION TERMINAL - The present invention relates to a system and a method for authenticating an electronic money using a smart card and a communication terminal. The present invention provides a system and a method for authenticating an electronic money, wherein the system comprises a smart card and a communication terminal. The smart card takes biometric signature from a user as an input, transmits recognition completion information to the communication terminal when the biometric signature inputted by the user matches the stored biometric signature, receives an update command from the communication terminal, updates the amount of stored balance data, and transmits an update completion message to the communication terminal. The communication terminal is connected to the smart card in a wired or wireless manner, and transmits the update command to the smart card upon receipt of the recognition completion information. | 09-20-2012 |
20120246068 | Lottery Gift Card/ Lottery Credit Card/ Lottery Card - It is a new way of paying for your lottery. It makes it easier, because you do not have to carry cash. This is will revolutionize the way you pay to play the lottery. | 09-27-2012 |
20120254026 | METHOD AND APPARATUS OF PERFORMING EXPEDITE MONETARY EXCHANGE PROCEDURES - A method, computer program product, circuitry and apparatus for providing integrated user monetary transactions are disclosed. One example method may include managing a number of different device interfaces via a management interface, the device interfaces configured to communicate interactively with a user. The method may also include communicating commands with the management interface via an application layer interface, comprising a memory and processor, the commands being communicated responsive to the user's interactive communication with the device interfaces, and receiving user input commands corresponding to the user's actions via the device interfaces. | 10-04-2012 |
20120254027 | Terminal Authenticity Verification - Methods and systems for improving non-bank payment solutions through terminal authenticity verification. One group of improvements uses the secure payment capabilities of the above architecture to implement a bill payment system. Electronic payments from consumers who are not bank customers are now completely secure. A variety of methods are discussed to include non-banking consumers in this payment system. Another group of improvements uses the secure payment capabilities of the above architecture to implement a payroll system which allows non-banking or unbankable employees (or contractors or vendors) to receive electronic payment, and to easily reroute portions of their payments electronically to various destinations. The secure transaction capabilities of the above architecture make this possible. | 10-04-2012 |
20120254028 | APPARATUS AND METHOD FOR ISSUING TRANSACTION CARDS - A transaction card production apparatus for producing transaction cards comprising user card designs, the apparatus comprising: a processor module configured to receive a user card number and a user card design from a user, associate the user card number with the user card design and store the user card number and associated user card design in a storage module; a card issuer module configured to receive the user card number from the processor module and generate a user embossing record comprising the user card number; and a card production bureau configured to receive the user embossing record from the card issuer module, retrieve the user card design associated with the user card number from the storage module and print a transaction card comprising the user card number and user card design. | 10-04-2012 |
20120254029 | MOTOR VEHICLE KEY AND METHOD FOR IMPLEMENTING A FINANCIAL TRANSACTION - A motor vehicle key is provided that includes, but is not limited to a closing device for cooperating with a motor vehicle lock, an electronic data memory for storing payment information, and a device for wireless transmission of payment information to an external receiver. | 10-04-2012 |
20120254030 | METHODS, SYSTEMS AND COMPUTER READABLE MEDIA FOR OVER THE AIR (OTA) PROVISIONING OF SOFT CARDS ON DEVICES WITH WIRELESS COMMUNICATIONS CAPABILITIES - A soft card provisioning application is instantiated on a device with wireless communications capabilities. A card number for a soft card desired to be provisioned on the device is obtained from a user of the device. An issuer identification number retrieved from the card number is communicated to a provisioning configuration server over an air interface. A provisioning issuer server network address is obtained from the provisioning configuration server based on the issuer identification number. Card issuer specific challenges are presented to the user, and the user's responses to the challenges are received. The challenge responses are communicated to the provisioning issuer server. Soft card image data and personalization data, where the personalization data includes personalized embossed and pre-printed data, are received from the provisioning issuer server over the air interface. The soft card is provisioned for use on the device based on the data received over the air interface. | 10-04-2012 |
20120259774 | PAYMENT METHODS USING ELECTRONIC DEVICES - Various payment methods utilizing wireless or wired devices are disclosed, such devices that use radio electric spectrum frequencies. The methods include all types of payment operation transactions utilizing conventional financial instruments. These methods include authentication processes, information encryption, and encryption certificaton to guarantee the security of the transactions. | 10-11-2012 |
20120259775 | Application Method of Mobile Terminal Electronic Wallet and Mobile Terminal - Disclosed in the present invention is an application method for a mobile terminal electronic wallet, including: monitoring a transaction event carried out by the mobile terminal via the NFC chip; when the transaction event happens, acquiring transaction message regarding the transaction event sent by a universal integrated circuit card (UICC) via the NFC chip; and sending the transaction message to a JAVA module, starting up a corresponding JAVA application, and providing the consumption situation of the transaction event to a user. Also disclosed in the present invention is a mobile terminal, wherein, an acquiring module is used for acquiring transaction message regarding the transaction event sent by a UICC via the NFC chip after a monitoring module monitors the transaction event; and a sending module is used for sending the transaction message to a JAVA module and starting up a corresponding JAVA application but cannot be displayed automatically is solved. | 10-11-2012 |
20120265677 | Methods and Systems For Making a Payment Via a Stored Value Card in a Mobile Environment - Methods and systems for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device such as a mobile telephone (cellphone) or wireless connected personal digital assistant (PDA). The mobile device communicates wirelessly with a mobile financial transaction system (MFTS) that stores user information and transaction information. A user enters information via the mobile device identifying a payee and indicating a stored value card payment method. The mobile device generates a mobile payment instruction that includes information corresponding to the identified payee and indicating a stored value card payment method. The mobile payment instruction is wirelessly communicated to the MFTS. The MFTS generates an MFTS payment instruction to a payment instruction recipient that can issue a new stored value card and/or reload funds onto a pre-existing stored value card. The MFTS communicates the MFTS payment instruction to the payment instruction recipient. | 10-18-2012 |
20120271763 | METHOD AND SYSTEM FOR MOBILE REMITTANCE - Methods and systems of mobile remittance that are network-agnostic and that allow transfer of funds across any network, regardless of whether these networks have funds transfer agreements with each other. In accordance with aspects of the present invention, the methods and systems of mobile remittance transactions are easy to use and secure, and ensure that the mobile remittance reaches the intended recipient, regardless of whether the recipient is in an urban or rural area. | 10-25-2012 |
20120278231 | SYSTEM AND METHOD FOR HEDGING CURRENCY FLUCTUATIONS - An unspecified, variable bonus amount of phone card time (or some other product whose delivered value can be varied) is provided with a with a topup, where the topup amount has a fixed delivered amount in local currency and the topup is sold in other territories where foreign exchange rate fluctuations provide for a fluctuating cost of the fixed topup amount. The bonus amount may be applied to a bonus, such as a bonus phone card, that provides a hedge against exchange rate fluctuations by being a variable amount of bonus phone card time, for example, associated with the topup. | 11-01-2012 |
20120278232 | PAYMENT SYSTEM AND METHODS - Disclosed are payment system and methods. | 11-01-2012 |
20120284180 | MOBILE TRANSACTION METHOD AND PORTABLE ELECTRONIC DEVICE FOR MOBILE TRANSACTION - A mobile transaction method is implemented using a portable electronic device for processing a transaction through an electronic transaction platform. The portable electronic device is removably coupled to a payment card that stores payment account information. In the method, the portable electronic device is operable to generate transaction information related to the transaction, to obtain the payment account information from the payment card, to establish a session and communicate with the electronic transaction platform, and to collaborate with the electronic transaction platform to process payment for the transaction. | 11-08-2012 |
20120284181 | ELECTRONIC CURRENCY, ELECTRONIC WALLET THEREFOR AND ELECTRONIC PAYMENT SYSTEMS EMPLOYING THEM - Electronic currency consists of data in a form suitable to be stored in a user's data storage medium, comprising information on the data value, identification of each specific set of data or data point, and authentication information suitable to verify that said data has been generated by a specific Currency Issuing Authority (CIA). A method and a system for effecting currency transactions between two users over the Internet or other communication network are also described. | 11-08-2012 |
20120284182 | CHECK-CASHING/LOAN SYSTEM USING A VARIABLE AMOUNT ELECTRONIC FUNDS CARD - A rechargeable and disposable electronic funds (cash card) issued by a non-financial facility, such as a check cashing facility, a payday loan facility or a short term loan facility, is disclosed where the card substitutes for the cash and is labeled in the name of a bank type financial institution with which the non-financial facility has a relationship. The card can be charged with a variable amount on money. When used at a store for a purchase it can act like a debit card but need not have a name of the holder associated with (or embossed on) it like a gift card, so the user can remain anonymous. The card can be upgraded to a rechargeable or debit/credit card. The card can draw on an account or sub account of the check cashing service or of the bank. | 11-08-2012 |
20120296818 | METHOD FOR AUTHORIZING THE ACTIVATION OF A SPENDING CARD - A method of authorizing the activation of a card holder's spending card is provided. The method includes receiving a request from the card holder to authorize the activation of the spending card and then requesting identity verification of the card holder. Following the identity verification request, the method includes obtaining a geographic location of the card holder. After determining the geographic location of the card holder, the method may include temporarily activating the deactivated spending card and instructing the card holder to conduct at least one transaction with the spending card at at least one selected location, wherein the selected location is selected based on the geographic location of the card holder. Spending card activity may be monitored to determine whether the at least one transaction was completed, and, based on whether the at least one transaction was completed, the activation of the spending card may be authorized. | 11-22-2012 |
20120296819 | METHOD FOR OPERATING AN E-PURSE - The invention discloses a method for operating an e-purse, relating to the information security field. The method includes that a CPU card enters into a contactless induction area of a terminal, is powered up and initialized, receives an operation initializing instruction from the terminal, reads and stores data comprising transaction amount in the operation initializing instruction, and performs the related operation. The operation initializing instruction is a complex loading initializing instruction or a purchase initializing instruction. The data comprises transaction amount. | 11-22-2012 |
20120310826 | VIRTUAL WALLET CARD SELECTION APPARATUSES, METHODS AND SYSTEMS - The VIRTUAL WALLET CARD SELECTION APPARATUSES, METHODS AND SYSTEMS (“VWCS”) transform virtual wallet card selections by users utilizing mobile devices via VWCS components into virtual wallet card-based transaction purchase notifications. In one implementation, the VWCS obtains a user authentication request for a purchase transaction, and extracts a universal card account number from it. Upon querying a database, the VWCS determines that the user has access to a virtual wallet and obtains virtual wallet card selection options for the user from the database. The VWCS provides the virtual wallet card selection options to a user mobile device, and obtains a user selection of an account included among the options. The VWCS initiates a purchase transaction using the user selection. Also, upon completion of authorization of the purchase transaction, the VWCS provides a purchase receipt to the user mobile device. | 12-06-2012 |
20120317023 | MOBILE TERMINAL AND CONTROL METHOD THEREOF - A mobile terminal and a control method of the mobile terminal may be provided. The mobile terminal may include a short range communication module, a memory for storing information regarding a payment method, and a controller for making a payment using a payment method corresponding to a location at which a communication link is set, based on the information regarding a payment method. | 12-13-2012 |
20120323777 | BUSINESS TO BUSINESS MOBILE VAULT - Embodiments extend to methods, systems, and computer program products for a business to business mobile vault. Embodiments allow retailers to pay distributors electronically through the use of a mobile device such as a mobile phone. Electronic payment through a mobile phone is more efficient than a currency transaction and reduces the amount of currency that delivery and distributor personnel handle. Further, mobile phone communication is available in many geographic locations, and in some geographic locations is the only form of communication available. Thus, electronic payment through a mobile phone can often be used even when other computer systems and specialized equipment such as point of sale terminals are not available or are not used, and when other types of data connections are not available. | 12-20-2012 |
20120323778 | PREPAID TRANSACTION CARD ACTIVATION SYSTEM AND METHOD - Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale. | 12-20-2012 |
20120323779 | STORED-VALUE CARD MANAGEMENT METHOD AND SYSTEM - A computerized system for activating, issuing and otherwise managing transactions and activities pertaining to stored-value cards over a communications network. A central information database is provided for storing stored-value cardholder and card purchaser information received directly from respective stored-value cardholders and card purchasers PCs through a universal central processor via respective communication gateways. The central processor is coupled for communication realtime to multiple unaffiliated stored-value card processing networks normally operated by respective hosts. Each network includes a stored-value card processor coupled to a stored-value card database and multiple respective merchant communication devices. The central processor is programmed for managing the activation and issuance of transactions and activities for the stored-value card through the respective unaffiliated networks. The universal central processor is programmed to issue the stored-value cards directly to the cardholder or card purchaser by download over respective communication gateways. The universal central processor is further programmed for reporting the card activations, issuances, transactions and activities to the cardholders and the merchants thereby providing a universal management system. | 12-20-2012 |
20120323780 | MULTI-PURPOSE PAYMENT CARD AND METHOD OF USING SAME - A multi-purpose payment card has indicia on at least one side that provides membership information for a merchant and a magnetic strip on one surface. The multi-purpose card is issued by the merchant to a card carrier and information is provided on how to activate the payment function of the card. To activate the payment function the card carrier contacts a service provider and authorizes activation. The service provider issues a pin number to the card carrier and collects funds from the card carrier's bank account. The service provider provides an incentive to use the card by making a designated charitable donation for each transaction. | 12-20-2012 |
20120323781 | COMMUNICATION SYSTEM, SETTLEMENT MANAGEMENT APPARATUS AND METHOD, PORTABLE INFORMATION TERMINAL AND INFORMATION PROCESSING METHOD, AND PROGRAM - The present invention provides a communication system that enables safe and easy addition of a function for use of credit card settlement services to a portable information terminal. In this system, if a user brings his credit card close to the portable information terminal, the portable information terminal reads a card ID stored in a contactless IC card provided in the credit card. Then, the card ID is transmitted to a card management system which checks whether or not the card ID is valid. If confirming that the card ID is valid, the card management system instructs the portable information terminal to write the card ID thereto. If the user places an order of a merchandize, the card ID written to the portable information terminal is provided therefrom to use credit card settlement services. | 12-20-2012 |
20120330830 | SYSTEM AND METHOD FOR CREATING AND MANAGING A STORED VALUE ACCOUNT ASSOCIATED WITH A CLIENT UNIQUE IDENTIFIER - A method and system for creating and managing a stored value account associated with a client device is disclosed. A first stored value and an associated first virtual token may be created. A graphical representation of the first virtual token may be displayed on a display of a client device. An exchange request may be received, and a second stored value account may be created along with an associated second virtual token. Next, an animation that includes a transition from the first virtual token to the second virtual token may be displayed on the display of the client device. The animation may include a peel-off effect in which the first virtual token appears to curl away to reveal the second virtual token when the first virtual token has been exchanged for the second virtual token. | 12-27-2012 |
20130006856 | FLEXIBLE PAYMENT INSTRUMENT - Systems and methods are provided for transactions using a flexible payment instrument. A method according to an embodiment comprises allowing a giver to obtain a flexible payment instrument and specify one or more arbitrarily complex conditions for use of the flexible payment instrument on a per-payment-instrument basis in connection with one or more transactions. The method also comprises linking, by a remote location, the flexible payment instrument to an account of the giver maintained at the remote location, wherein the giver provides the flexible payment instrument to a recipient issued with the condition(s) specified by the giver for use by the recipient in connection with the one or more transactions. The method further comprises comparing, at the remote location, the condition(s) specified by the giver with transaction information details upon the use by the recipient of the flexible payment instrument in connection with the transaction(s). If the transaction information details are in compliance with the condition(s) specified by the giver, authorizing the transaction(s) using the flexible payment instrument. | 01-03-2013 |
20130013499 | ELECTRONIC WALLET CHECKOUT PLATFORM APPARATUSES, METHODS AND SYSTEMS - The ELECTRONIC WALLET CHECKOUT PLATFORM APPARATUSES, METHODS AND SYSTEMS (“EWCP”) transform customer purchase requests triggering electronic wallet applications via EWCP components into electronic purchase confirmation and receipts. In one implementation, the EWCP receives a merchant payment request, and determines a payment protocol handler associated with the merchant payment request. The EWCP instantiates a wallet application via the payment protocol handler. The EWCP obtains a payment method selection via the wallet application, wherein the selected payment method is one of a credit card, a debit card, a gift card selected from an electronic wallet, and sends a transaction execution request for a transaction associated with the merchant payment request. Also, the EWCP receives a purchase response to the transaction execution request, and outputs purchase response information derived from the received purchase response. | 01-10-2013 |
20130013500 | Multi-Sided Disbursement Platform - A system and method are disclosed for making disbursements to one or more consumers via a disbursement platform. In accordance with an embodiment, a method can comprise receiving at a computer, a first request to make a first disbursement. The method can further comprise receiving at the computer, a second request to make a second disbursement, wherein the first and second disbursements are different. The method can additionally comprise normalizing the first and second disbursements; and loading a prepaid account with the normalized first and second disbursements. | 01-10-2013 |
20130013501 | METHODS AND SYSTEMS FOR MAKING A PAYMENT VIA A STORED VALUE CARD IN A MOBILE ENVIRONMENT - Methods and systems for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device such as a mobile telephone (cellphone) or wireless connected personal digital assistant (PDA). The mobile device communicates wirelessly with a mobile financial transaction system (MFTS) that stores user information and transaction information. A user enters information via the mobile device identifying a payee and indicating a stored value card payment method. The mobile device generates a mobile payment instruction that includes information corresponding to the identified payee and indicating a stored value card payment method. The mobile payment instruction is wirelessly communicated to the MFTS. The MFTS generates an MFTS payment instruction to a payment instruction recipient that can issue a new stored value card and/or reload funds onto a pre-existing stored value card. The MFTS communicates the MFTS payment instruction to the payment instruction recipient. | 01-10-2013 |
20130024371 | ELECTRONIC OFFER OPTIMIZATION AND REDEMPTION APPARATUSES, METHODS AND SYSTEMS - The ELECTRONIC OFFER OPTIMIZATION AND REDEMPTION APPARATUSES, METHODS AND SYSTEMS (“EOOR”) transform payment card information, user payment card selection preference, and purchase inputs via EOOR components into card addition completion. In one implementation the EOOR performs a method, comprising: receiving a purchase order request via a consumer wallet device; determining a wallet account identifier from the purchase order request; determining a merchant from the purchase order request; retrieving a payment card identifier of at least one payment card associated with the wallet account identifier; generating an offer data query on the payment card identifier; executing the offer data query and retrieving offer data; obtaining user payment card and offer selection preference data; determining an optimized payment card and offer selection based on the user payment card and offer selection preference data; and executing a payment transaction using the optimized payment card and offer selection in response to the purchase order request. | 01-24-2013 |
20130024372 | PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card. | 01-24-2013 |
20130030997 | PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card. | 01-31-2013 |
20130036047 | METHOD, SYSTEM AND PROCESS FOR CENTRALIZED MANAGEMENT AND CONTROL OF A BUDGET AND ELECTRONIC MASS DISTRIBUTION OF FUNDS - A computer-implemented centralized budgeting system and method can include a central budget account containing a quantity of electronic funds housed in a computer system of a financial institution. A plurality of cards can be distributed to account holders to provide access to the funds in the central budget account. A control database can be provided and stored in a server computer system. The control database can include one or more sets of rules for controlling the approval or denial of card requests to access the funds in the central budget account. A web-interface can be provided to enable a client to establish and/or modify the one or more sets of rules for controlling the approval or denial of card requests. Secondary account holders can be provided access to the funds in the central budget account upon one or more different sets of rules than the primary account holder(s). | 02-07-2013 |
20130036048 | System for Payment via Electronic Wallet - A method includes receiving a request to process, against an electronic wallet, a portion of a transaction, an electronic wallet optionally comprising a sub-wallet, the transaction processed against the wallet and/or sub-wallet. The method further includes identifying one or more electronic value tokens in the e-wallet and/or sub-wallet that, when used together, will cover the portion of the transaction. The method further includes applying the electronic value tokens to the portion of the transaction. | 02-07-2013 |
20130041817 | Methods and Systems for Activating an Electronic Payments Infrastructure - Methods and systems for activating an electronic payments infrastructure employ, for example, a token consisting at least in part of a unique identifier assigned to an inactive header account which is provided on a customer's electronic device. The unique identifier is processable via a transaction processing network. A request, which includes customer information, is received to verify that activation of the header account for the customer is compliant with predefined customer identification rules. A determination is made that activation of the header account for the customer is compliant with the predefined customer identification rules. An activation message is sent to the customer's device using the interface processor, the header account is linked to a digital wallet on a database, and the customer's designation of a source account for the digital wallet is received on the database. The header account can be used in transactions with either on-us or off-us source accounts. | 02-14-2013 |
20130054454 | Wallet Service Enrollment Platform Apparatuses, Methods and Systems - The WALLET SERVICE ENROLLMENT PLATFORM APPARATUSES, METHODS AND SYSTEMS (“WSEP”) facilitates the enrollment of payment accounts in a consumer's virtual wallet. The consumer may be logged into their payment account issuer's web site and designate one or more payment accounts for enrollment in a virtual wallet. The issuer may then share account, billing and/or other relevant information with the virtual wallet provider to facilitate the enrollment of the designated payment accounts in the virtual wallet. The WSEP may also be configured to facilitate the creation and funding of pre-paid accounts in a consumer's virtual wallet. | 02-28-2013 |
20130060686 | VIRTUAL DEBIT CARD - A method, system, terminal, and media for processing a request for a virtual debit card are provided. The terminal is configured to receive the request for the virtual debit card from a user and to transmit the request to a merchant processor. The request is anonymous with respect to the user. The merchant processor is configured to receive the request, determine a card number of the virtual debit card, and transmit the card number to the terminal. The terminal is configured to receive the card number from the merchant processor and to provide a receipt to the user including the card number. The terminal receives the request for the virtual debit card without receiving any personal identity information from the user and provides the receipt to the user without the card number being associated with the user. | 03-07-2013 |
20130060687 | MOBILE TERMINAL AND CONTROLLING METHOD THEREOF - A mobile terminal and controlling method thereof are disclosed, which facilitates a terminal to be used in further consideration of user's convenience. According to at least one of embodiments of the present invention, a strict authentication procedure for expense payment can be performed via a simple and convenient user interface between a mobile terminal and a terminal user. In particular, since at least one of a selection and authentication of a payment means of the mobile terminal can be performed via at least one of an aligned direction, a moving direction and a moving track of the mobile terminal, the user interface between the mobile terminal and the terminal user for the expense payment can be further simplified. | 03-07-2013 |
20130060688 | Method and System for Routing Transactions to a Mobile-Commerce Platform - A method and system for routing transactions to a mobile-commerce platform is described. One illustrative embodiment receives, via a network, a purchase request from a user's mobile communication device; authenticates the user to the mobile-commerce platform; generates a one-time-use perishable transaction code associated with the purchase request; prefixes to the transaction code an Issuer Identification Number (IIN) corresponding to the mobile-commerce platform to form a combined number; returns the combined number to the user's mobile communication device via the network to enable the user to provide the combined number to a merchant's point-of-sale system in connection with a transaction corresponding to the purchase request; and receives, via a payment network in communication with the merchant's point-of-sale system, the transaction code and transaction details associated with the transaction, the IIN informing the payment network to route the one-time-use perishable transaction code and the transaction details to the mobile-commerce platform. | 03-07-2013 |
20130066776 | PAYMENT DEVICE - A program for running on a processor of a portable payment device is adapted for carrying out a payment interaction and permitting ticket storage in a memory of the portable payment device. The program is configured to interact with an access point and includes a set of instructions, a first code portion and a second code portion. The set of instructions, when executed by the processor, causes the portable payment device to perform the steps of: responsive to a first message from said access point, executing the first code portion; and responsive to a second message from the access point, executing the second code portion. The first code portion includes first instructions corresponding to the payment interaction. The second code portion includes instructions corresponding to the payment interaction and second instructions corresponding to the ticket interaction. | 03-14-2013 |
20130073458 | OPEN WALLET FOR ELECTRONIC TRANSACTIONS - A system for completing a transaction between a first party and a second party is provided. The system includes at least one processor programmed to receive a request for personal data to complete the transaction from the second party using an open commerce wallet exchange (OCWE) protocol. The processor is further programmed to receive a selection of one of one or more banking applications and/or wallets associated with the system from the first user. The one or more banking applications and/or wallets include the personal data or access to the personal data. The processor is further programmed to receive the personal data from the selected banking application and/or wallet and provide the merchant with the personal data using the OCWE protocol to complete the transaction. | 03-21-2013 |
20130073459 | DIGITAL EXCHANGE AND MOBILE WALLET FOR DIGITAL CURRENCY - Techniques are provided for managing a digital wallet on behalf of a user. A user causes one or more value-ascertainable items (such as gift cards) to be reflected in the user's digital wallet. Once a value-ascertainable item is reflected in the digital wallet, the user may access the digital wallet and use the value-ascertainable item to make a purchase from a merchant that is capable of redeeming the value-ascertainable item. Alternatively, an exchange service that maintains the digital wallet allows the user to exchange the value-ascertainable item for another value-ascertainable item, whether of the same type item or a different type of item. The exchanged-for item may be used to make a purchase from a merchant that is capable of redeeming the exchanged-for item. | 03-21-2013 |
20130080321 | Method for Recipient Orientated Financial Services - A method allowing a first person to provide a “virtual” gift to a second party is disclosed, referred to as a “credit gifting” system, wherein the first person accesses an application allowing predetermined aspects of the gift, such as the retailer, store, product type etc to predetermined whilst adding personal messages etc. The second person receives a gift credit towards a purchase redeemable at the defined retailer or store for any wares/services or only those identified by first person. In another embodiment the second person is able to select the retailer or store to redeem from or if unable to redeem themselves allocate a proxy. Accordingly the method overcomes drawbacks of current “captive” gift cards and pre-paid traditional gift cards whilst also offering enhanced registry services, advertising, retailer demographics etc by leveraging the association of a personal electronic device with the recipient of the gift credit. | 03-28-2013 |
20130080322 | Smart Electronic Wallet or Smart E-wallet - The electronic wallet comprises a card duplicator, an electronic wallet or e-wallet, and an e-card. The card duplicator and the electronic wallet or e-wallet comprises a personalized authentication security card. Each electronic wallet or e-wallet has only one e-card. Single users are only required to have the electronic wallet or e-wallet. Business and family plans are required to have both the card duplicator and the electronic wallet or e-wallet. The card duplicator and the electronic wallet or e-wallet store credit card and personal data into the system. The e-card works as an interface device for the consumers. The e-card functions like normal credit card however the e-card is equipped with superior security system compared to a normal credit card. | 03-28-2013 |
20130085938 | METHOD AND SYSTEM FOR ACCOUNT HOLDERS TO MAKE, TRACK AND CONTROL VIRTUAL CREDIT CARD NUMBERS USING AN ELECTRONIC DEVICE - A method and system that allows an account holder to create secure single and multi-use virtual credit account numbers from electronic devices, such as smart phones, tablets, computers and so forth. In addition, the method and system allows non-editable virtual credit card images to be created in another name from an administrator's account, which is perfect for employer/employee card creation, and electronically transmitted to an intended recipient. Secure virtual credit account numbers may be sent via email as a card image or SMS text message. An account holder or appointed administrator may establish restrictions on usage of a recipient's, such as an employee's, virtual credit card and the account holder may change those restrictions or disable the virtual credit card at any time from an electronic device, such as a smart phone, tablet, computer and so forth. | 04-04-2013 |
20130091055 | METHODS AND SYSTEMS FOR EXCHANGING AND/OR TRANSFERRING VARIOUS FORMS OF VALUE - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user. | 04-11-2013 |
20130097074 | FINANCIAL SERVER, IC CARD TERMINAL, AND FINANCIAL INFORMATION PROCESSING METHOD - A system capable of charging up electronic money cards using a credit card is provided. A PIN is authenticated between a card terminal and the credit card. The card terminal transmits to a credit company server an authentication result, amount information indicating an amount with which to charge up, and a credit card number of the credit card. After billing, the credit company server transmits the amount information and the credit card number to an electronic money server. The electronic money server identifies an electronic money card based on the credit card number. The electronic money server generates amount change information for adding the amount with which to charge up to “VALUE”, and transmits the amount change information to the card terminal. The electronic money card updates the amount of “VALUE” stored therein to an amount specified by the amount change information. | 04-18-2013 |
20130110714 | SPENDING VEHICLES FOR PAYMENTS | 05-02-2013 |
20130117181 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS USING SCANNABLE CODE - A method is disclosed which blends the use of scannable codes such as a quick response (QR) codes and processing virtual gift cards. The system receives from a first device associated with a giver at a first time, a first visual scan of a code and data from a giver to identify a recipient and other parameters with a gift. The system receives from a second device associated with a recipient a second visual scan of the code. The system presents at least a second portion of data on the second device and then establishes a policy based on the data that causes the system to monitor purchases using the recipient payment account that existed prior to the first time for a qualifying purchase upon which the system applies the gift according to the policy. | 05-09-2013 |
20130124407 | System and Method for Electronic Wallet Conversion - A system and method for electronic wallet conversion allows conversion of a basic electronic wallet to a more flexible wallet account, providing additional services and requiring additional authentication. The basic accountholder eventually requires the additional services provided by the more flexible wallet, typically editing rights and making purchases at sites requiring authentication beyond the basic level. To convert the account, the account holder is presented with a one-time challenge and response mechanism that requires the accountholder to summon information that only the account holder would know. If a successful match is made, the account is converted to the more flexible account for all time. The accountholder replaces the one-time challenge and response with a second-level password that grants the accountholder ongoing access to more sensitive wallet features, such as the ability to purchase at sites requiring a second-level password, and editing rights to the information stored in the wallet. | 05-16-2013 |
20130124408 | System and Method for Electronic Wallet Conversion - A system and method for electronic wallet conversion allows conversion of a basic electronic wallet to a more flexible wallet account, providing additional services and requiring additional authentication. The basic accountholder eventually requires the additional services provided by the more flexible wallet, typically editing rights and making purchases at sites requiring authentication beyond the basic level. To convert the account, the account holder is presented with a one-time challenge and response mechanism that requires the accountholder to summon information that only the account holder would know. If a successful match is made, the account is converted to the more flexible account for all time. The accountholder replaces the one-time challenge and response with a second-level password that grants the accountholder ongoing access to more sensitive wallet features, such as the ability to purchase at sites requiring a second-level password, and editing rights to the information stored in the wallet. | 05-16-2013 |
20130132273 | SYSTEMS AND METHODS FOR PRICING - Systems and methods for calculating prices for manufacturing signage, generating machine files for manufacturing signage, and manufacturing signage, in part or complete, using the machine files. Design option records are stored in a pricing matrix, where each design option record includes a design option and a price that may vary depending on design parameters. A design specification is processed to convert content objects and design parameters into a set of selected design options, where each selected design option corresponds to a design option record. Pricing information for fabricating the product, in part or complete, is calculated for the selected design options based on the price of the corresponding design option record. A machine file is generated which is used to control a machine to manufacture the product, in part or complete. The product may then be manufactured by a manufacturing system using the machine file. | 05-23-2013 |
20130132274 | CARDLESS PAYMENT TRANSACTIONS - A method of processing a transaction between a customer and a merchant includes receiving from a mobile device of the customer or from another device of the customer an indication of consent to perform a cardless payment transaction with the merchant, receiving from the mobile device an indication that the customer is within a predetermined distance of the merchant, after receiving both the indication of consent and the indication that the customer is within the predetermined distance, sending to a computer system of the merchant an indication of the presence of the customer and personal identifying information for the customer, receiving data indicating a transaction between the customer and the merchant, and submitting the transaction to a financial service for authorization. | 05-23-2013 |
20130138561 | METHOD AND SYSTEM FOR CROSS-BORDER STORED VALUE PAYMENT - Methods and systems for provisioning data to a mobile device operable as a contactless payment device, the data including currency location data; receiving a notification that the mobile device is operating in a second currency location; and sending updated currency location data to the mobile device based on the second currency location. Some methods and systems include receiving, at a mobile device operable as a contactless payment device, currency location data associated with a first currency location; receiving updated currency location data associated with a second currency location by the mobile device located at the second currency location; and updating values for currency location data parameters of the mobile device based on the updated currency location data. | 05-30-2013 |
20130151405 | Mobile Wallet Off-line Transaction System - A system for processing mobile payment transactions is described, the system includes a mobile electronic device having a mobile wallet module for initiating payment transactions from a mobile payment account associated with a payment service provider and operable to communicate with the payment service provider via a data network to settle the payment transaction. The mobile electronic device receives and stores data defining an off-line enabled merchant interface when the mobile electronic device is connected to the data network, processes an off-line payment transaction through the stored merchant interface when the mobile electronic device is not connected to the data network, and communicates details of the off-line payment transaction to the payment service provider when the mobile electronic device is re-connected to the data network. | 06-13-2013 |
20130151406 | ELECTRONIC BEARER BOND ONLINE TRANSACTION AND CARD SYSTEM AND METHOD THEREOF - An electronic transaction system, comprising bearer bond means for providing an online electronic bearer bond having a monetary value, transaction means for performing monetary transactions with said bearer bond means, and network means for providing user access to said bearer bond means and said transaction means. A method and system of an electronic transaction is provided where the method includes issuing information of a card having a monetary value and applying the monetary value of the card towards a payment for a transaction. | 06-13-2013 |
20130159178 | System and Method For Loading A Virtual Token Managed By A Mobile Wallet System - A method and system include receiving a payment account number from a token, such as a traditional credit card. Either the payment account number or a token is communicated over a communications network to a mobile wallet system and/or a vault. A first authorization code may be generated in response to receiving the payment account number or token. Next, the first authorization code is then transmitted over the communications network for relaying the first authorization code to a portable computing device, such as a mobile phone. The portable computing device receives the authorization code and re-transmits the code (as a second authorization code) over the communications network. Subsequently, the first and second code from the portable computing device are compared to determine if a match exists. If a match exists, then the payment account number is loaded into the mobile wallet system for use as a virtual token. | 06-20-2013 |
20130159179 | MOBILE DEVICE FOR PROCESSING APPLICATION OF CLIENT DEVICE AND METHOD FOR PROCESSING APPLICATION OF CLIENT DEVICE USING THE SAME - A mobile device for processing an application of a client device includes an application information acquisition unit configured to, when a client device receives an image signal or an audio signal converted from an application information including one or more of electronic signature requirement, payment requirement, or user authentication requirement from a web service device and plays the received image signal or the audio signal, acquire the played image signal or the audio signal. Further, the mobile device includes an e-wallet application unit configured to convert the acquired image signal or the audio signal into the application information, execute and process one or more application of electronic signature, payment, or user authentication according to the application information, and then provide the result of processing the application to the web service device. | 06-20-2013 |
20130159180 | WALLET BANKING SYSTEM - A Wallet Banking System (WBS) for handling large volume transactions is disclosed. This invention relates to banking systems, and more particularly to wallet banking systems. Existing banking systems charge a certain amount on per transaction basis. As a result, the customer will have to pay a considerable amount for every transaction transactions that he makes. The disclosed method creates a wallet account for every core bank account of a customer that requires payments. An amount of money is automatically made available from the customers' core bank account to the customers' wallet account in WBS by using lien facility. The amount made available to the wallet account, there after becomes available for making payments from WBS. WBS will post a consolidated entry at the end of the day into customers' operational account in CBS thus reducing the entries that get posted into the CBS to a minimum. | 06-20-2013 |
20130159181 | System and Method for Enhanced Mobile Wallet - A flexible, extensible, and dynamically configurable Mobile Wallet (mWallet) facility that inter alia leverages the ubiquitous nature of wireless devices to inter alia ‘store’ a quanta of value (including inter alia an amount of money, coupons, vouchers, credits, points, rewards/awards, etc.) on a wireless device so that a user of such a device may subsequently employ just their ever-present wireless device to among other things complete the payment portion of a transaction. | 06-20-2013 |
20130166445 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS WHICH HIDE SOME GIFT CARD DATA - Disclosed herein is a method for enabling gift card recipients to redeem gift card amounts using existing payment accounts. A method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. A notification is sent to the recipient that hides a parameter of the policy. When the recipient takes an action associated with the parameter, the parameter is revealed to the recipient. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. | 06-27-2013 |
20130179340 | E-WALLET WITH CROSS-BORDER CAPABILITY - Local shipping addresses in a first country are assigned to a plurality of consumers having physical addresses in at least one country other than the first country. A request is obtained, from an e-commerce retailer, for a corresponding one of the local shipping addresses. Product information, an indication of a desired form of shipping from the e-commerce retailer to the corresponding one of the local shipping addresses, and an indication of a desired form of shipping from the corresponding one of the local shipping addresses to a corresponding one of the physical addresses in the at least one country other than the first country are obtained. An indication of an estimated fully landed cost associated with the on-line shopping session is dispatched. | 07-11-2013 |
20130179341 | VIRTUAL WALLET - The virtual wallet method provides an account routing system that links all end user account issuing institutions to a central portal for electronic commerce transactions. Moreover, the issuing institutions can be linked to the central portal for identification and/or any personal information kept by an institute where an account exists. | 07-11-2013 |
20130179342 | Methods and System for Utilizing Cash with Online Activities - Systems and methods for facilitating cash payments for online transactions are provided. In some embodiments, a transaction is initiated online with a retailer where a user indicates that payment will be made for the transaction using cash. The user may then complete payment of the transaction with a cash payment service establishment using transaction identification information given to the user. Systems and methods for retrieving funds from an online/virtual account are also provided. In some embodiments, a user is able to initiate a funds transfer from an online/virtual account which are to be received in the form of cash at a money transfer service location. | 07-11-2013 |
20130185201 | Financial Services Card That Provides Visual Indicator According to Available Balance and Defined Policies - An approach is provided that displays visual indicators on a financial services card, such as a credit or debit card, that indicates the user's balance at a financial services provider. Available funds data is received at a financial services card that includes visual indicators (e.g., LEDs, etc.), a memory, a processor, a power source, and a wireless transmitter. The available funds data is received via the wireless transmitter. Visual indicators are selected based on the available funds data received from the financial services provider. The selected visual indicators are activated by providing power to the indicators from the power source. In one embodiment, the power source is a piezoelectric material, such as a piezoelectric crystal, that generates power to activate the visual indicators and run the processors and wireless transmitter based on manipulation of the card (e.g., applying pressure, etc. to the card) by the user. | 07-18-2013 |
20130185202 | SYSTEM AND METHOD FOR MOBILE PAYMENT TRANSACTIONS - A system processes a request by a customer to pay a transaction amount, using the customer's account, for a transaction between the customer and a merchant, to provide a payment to an account of the merchant. The transaction incorporates use of a mobile wireless device operated by the customer to provide identification information of the customer's account to an authentication server. A payment server coupled to the authentication server and the merchant passes merchant communications to the authentication server. The authentication server receives the transaction amount from the merchant and receives customer account information from the customer's wireless mobile device, and processes the transaction and account information and, if authenticated, routes the payment transaction to the payment server for payment to the merchant's account. | 07-18-2013 |
20130185203 | BUSINESS AND SOCIAL MEDIA SYSTEM - A business and social media system is provided for establishing communication services between people in different countries. The system includes a core system module, the core system module including a server for maintaining information regarding a client and a means for establishing communications services between a client and another person. The system further includes external modules in communication with the core system module, the modules including a telephony termination module, a telephone module service module, an SMS module, a contact center module, a mobile application module, a web application module, a retail module, a bank module, and the like. | 07-18-2013 |
20130191279 | MOBILE DEVICE WITH REWRITABLE GENERAL PURPOSE CARD - A mobile device with a rewritable general purpose card is disclosed. The mobile device includes a mobile wallet accessible to the user such that the user may select a payment vehicle (e.g., debit card, credit card, gift card, etc.) or other vehicle (e.g., merchant loyalty cards, membership cards, rewards cards, medical cards, insurance cards, identification cards, etc.) and encode data related to that vehicle to the rewritable general purpose card. The user may then utilize the encoded general purpose card to make a transaction. Generally, the general purpose card includes one or more displays which may be configured to display information, graphics, data, etc. (e.g. account number, expiration date, user identification such as name and/or photograph, card brand logo, bar codes or other codes readable to an electronic device, etc.). | 07-25-2013 |
20130191280 | GIFT CARD CODE ACTIVATION AND DISTRIBUTION TO PURCHASE BRAND-SPECIFIC GOODS OR SERVICES - Information sharing enhances the utility and effectiveness of gift-card transactions. A website enables a user to purchase or activate gift cards and compile recipient contact information to establish a gift network of the gift recipients. Information may be entered in relation to the interests or preferences of the gift recipients in the gift network. Product brands, services or merchants may be recommended to the user, and the user may be made aware of events, deals or promotions related to the interests and preferences of potential recipients in the gift network. Gift-related codes may be disseminated, and gift cards distributed, in accordance with numerous disclosed process flows including “social gifting” processes wherein codes are delivered directly or wherein real or virtual greeting cards are activated on-line and/or at point-of-sale (POS) location(s). An alternative embodiment of the invention resides in gift cards limited to the purchase of brand-specific goods and/or services. | 07-25-2013 |
20130191281 | CARD WITH ILLUMINATED CODES FOR USE IN SECURE TRANSACTIONS - A card for use in secure transactions includes a card body having a first major surface and a second major surface, the first major surface having a combination of a plurality of symbols disposed thereon. The card body has a plurality of LEDs disposed in connection with the plurality of preprinted symbols, individual ones of LEDs being disposed to identify respective individual ones of the plurality of symbols when illuminated. An LED controller is coupled to the plurality of LEDs and operable upon actuation to selectively illuminate individual ones of the plurality of LEDs to identify a sub-combination of the plurality of symbols, thereby providing an illuminated one-time code for use in a secure transaction. | 07-25-2013 |
20130198066 | Fraud Protection for Online and NFC Purchases - A fraud protection application can allow a user to safely purchase goods without a physical account verifier such as a credit card. These types of purchases are common when purchasing items online and also when making NFC purchases. The purchaser can install a Fraud Prevention Application on a device that can recognize that the purchaser is using their device to make a purchase making a transaction. The application can initiate an independent connection with the financial institution's server and submit to the server verification data to validate the purchase. In response, the server can compare the data with identification data previously submitted by that purchaser's device and also with transaction data submitted by the merchant. If the verification data is validated then the server can approve the purchase and the transaction may proceed. If the verification data is not validated then the FPA can cause refuse the transaction. | 08-01-2013 |
20130198067 | REMOTE CONFIGURATION OF EMV TERMINALS - During a device programming technique, a merchant provides account information associated with a smart-card terminal to a portable electronic device (such as a cellular telephone), which is coupled to the smart-card terminal. In response, the portable electronic device provides the account information to a computer remotely located relative to the portable electronic device. Then, the computer provides a merchant identifier and a terminal identifier to the portable electronic device. Next, the portable electronic device provides the merchant identifier and the terminal identifier to the smart-card terminal, thereby facilitating programming of the smart-card terminal. | 08-01-2013 |
20130198068 | PRE-PAID PAYMENT INSTRUMENT PROCESSING - Methods, systems, and apparatus, including computer program products, in which a method includes attributing a value to a pre-paid payment instrument, determining an expiration time associated with the pre-paid payment instrument, and automatically return an un-used portion of value associated with the pre-paid payment instrument at the expiration time to the purchaser. | 08-01-2013 |
20130204781 | CREDIT CARD SYSTEM AND METHOD - A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to “card remote” transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for “card present” transactions, so called “skimming” fraud is eliminated. Various other features enhance the credit card system, which will allow secure trade without the use of elaborate encryption techniques. Methods for limiting, distributing and using a limited use card number, controlling the validity of a limited use credit card number, conducting a limited use credit card number transaction and providing remote access devices for accessing a limited use credit card number are also provided. | 08-08-2013 |
20130204782 | Stored-Value Card Management Method and System - A computerized system for activating, issuing and otherwise managing transactions and activities pertaining to stored-value cards over a communications network. A central information database is provided for storing stored-value cardholder and card purchaser information received directly from respective stored-value cardholders and card purchasers PCs through a universal central processor via respective communication gateways. The central processor is coupled for communication realtime to multiple unaffiliated stored-value card processing networks normally operated by respective hosts. Each network includes a stored-value card processor coupled to a stored-value card database and multiple respective merchant communication devices. The central processor is programmed for managing the activation and issuance of transactions and activities for the stored-value card through the respective unaffiliated networks. The universal central processor is programmed to issue the stored-value cards directly to the cardholder or card purchaser by download over respective communication gateways. The universal central processor is further programmed for reporting the card activations, issuances, transactions and activities to the cardholders and the merchants thereby providing a universal management system. | 08-08-2013 |
20130218765 | GRADUATED SECURITY SEASONING APPARATUSES, METHODS AND SYSTEMS - The GRADUATED SECURITY SEASONING APPARATUSES, METHODS AND SYSTEMS (“GSS”) transform user virtual wallet activity and historical fraud reports via GSS components into transaction authorization triggers generated pursuant to graduated, transaction risk-appropriate, escalated security protocols. In one implementation, the GSS obtains a current transaction request, the request utilizing a user virtual wallet account for payment. The GSS identifies a transaction risk type associated with the request, and calculates a transaction risk level associated with the transaction risk type. Based on the transaction risk level, the GSS selects a security protocol for processing the current transaction request; and provide a security data request in accordance with the selected security protocol. The GSS also generates an offer, for an entity involved in processing the current transaction request, of a financial incentive in exchange for assuming the transaction risk level associated with the transaction risk type; and provides the offer for the entity. | 08-22-2013 |
20130226791 | In-Card Access Control and Monotonic Counters for Offline Payment Processing System - Preventing fraud during an offline transaction by encoding a randomly-generated card verification code onto a smart card. The verification code is transmitted to a contactless device during each transaction, wherein it is cross-referenced with the account number to ensure presence of the card. Also, every transaction record is signed by an access key resident on the contactless device and certified by a signing key resident on a remote system. Funds may be deposited onto the card when the contactless device creates a deposit request, signs the request using an access key and transmits it to the remote system, which in turn processes the request and certifies it with a signing key. Funds may be withdrawn when the contactless device creates a withdrawal record and signs it using an access key. The remote system verifies the signatures and certifies the records using a signing key when the records are later transmitted. | 08-29-2013 |
20130226792 | SYSTEM AND METHOD FOR PROCESSING PAYMENT DURING AN ELECTRONIC COMMERCE TRANSACTION - A method and system for processing payment during an electronic commerce transaction is described herein. The system includes: a mobile device configured to provide an electronic wallet storing a payment card, the payment card comprising card payment information, and a card security credential. The system may also include a coordination server configured to receive a request to conduct the electronic commerce transaction, and send an activation message to the mobile device to activate the electronic wallet. When the electronic wallet is activated, the mobile device may be further configured to: receive a card selection input indicating selection of the payment card for payment in the electronic commerce transaction; verify a security input against the card security credential of the payment card; and send the card payment information and confirmation that the payment card was present during the verifying for use in completing the electronic commerce transaction. | 08-29-2013 |
20130226793 | METHOD AND APPARATUS FOR AUTHORIZING A PAYMENT VIA A REMOTE DEVICE - A method of and system for authorizing a transaction remotely is disclosed. A customer uses a computer to browse for a product displayed on the internet. The customer may enter a unique number into the computer. The unique number is authorized and an authorization code is sent to the customer's communication device. The customer enters the authorization code into the computer to complete the transaction. | 08-29-2013 |
20130232063 | Methods and Systems for Generating Enhanced Business Cards - A computer system and method for processing an enhanced business card is provided, wherein the enhanced business card has a value stored thereon. The computer system includes a memory device for storing data and a computer system associated with a service provider (SP) that includes a processor. The SP computer system is configured to communicate with the memory device and is programmed to receive identifying data identifying a recipient of the enhanced business card, provide the identifying data, including identifying data for the recipient, to an issuer of the enhanced business card, and load a value provided by the SP on the enhanced business card. The SP computer system may load additional value provided by the SP when the recipient of the enhanced business card performs an action predetermined by the SP. | 09-05-2013 |
20130238497 | Methods and Systems for Performing a Financial Transaction Using a Mobile Communication Device - Methods and systems for performing a pre-staged financial transaction using a computing device involve, for example, receiving, using a self-service transaction terminal processor, pre-staged transaction data in a session at the self-service financial transaction terminal, which pre-staged transaction data was entered on a mobile computing device at a time preceding a time of the session. Thereafter, using the self-service transaction terminal processor, a transaction is executed, based at least in part on the pre-staged transaction data. | 09-12-2013 |
20130246258 | SYSTEM AND METHOD FOR MANAGING PAYMENT IN TRANSACTIONS WITH A PCD - A system and method for managing payment in a transaction using a portable computing device (“PCD”) includes a mobile wallet token being received from an account issuing entity. Next, the mobile wallet token is stored in memory within a PCD payment platform (i.e., a cloud payment solution). A PCD token that corresponds with the mobile wallet token is generated by the PCD payment platform. The PCD token is transmitted over a communications network to a PCD. The mobile wallet token corresponds to at least one of: a credit card account, an alternative or non-traditional payment account, a stored value account, an account from a financial institution, and a merchant based card account. A mobile wallet token may be generated in response to receiving input from an on-line portal that future use of a payment account with a PCD is desired or in response to input received from a point-of-sale terminal. | 09-19-2013 |
20130246259 | SYSTEM AND METHOD FOR MANAGING PAYMENT IN TRANSACTIONS WITH A PCD - A mobile wallet token is received from an account issuing entity. Next, the mobile wallet token is stored in memory within a portable computing device payment platform. A selection of an account for payment in a transaction is received from the PCD. The selected account is matched with the mobile wallet token and then the mobile wallet token is transmitted over a communications network. A pattern preserving token is then received from the communications network with the portable computing device payment platform for use to authorize payment in the transaction. The mobile wallet token corresponds to at least one of: a credit card account, an alternative or non-traditional payment account, a stored value account, an account from a financial institution, and a merchant based card account. A mobile wallet token may be generated by using an on-line portal to indicate the mobile payments are desired by the account holder. | 09-19-2013 |
20130246260 | Mobile Payment Transaction System - A payment transaction system including a payment authentication token associated with a customer; and a payment platform associated with the authentication token, the payment platform storing a stored value payment account having a pre-paid stored value and information corresponding to a plurality of linked funding accounts. In response to a transaction authentication performed by the authentication token and transaction data associated with the transaction, the payment platform selects the stored value payment account or a linked account, and settles the transaction with the selected account. | 09-19-2013 |
20130246261 | Multi-Directional Wallet Connector Apparatuses, Methods and Systems - The MULTI-DIRECTIONAL WALLET CONNECTOR APPARATUSES, METHODS AND SYSTEMS (“W-CONNECTOR”) facilitates the enrollment of payment accounts in a consumer's virtual wallet. The consumer may be logged into their payment account issuer's web site and designate one or more payment accounts for enrollment in a virtual wallet. The issuer may then share account, billing and/or other relevant information with the virtual wallet provider to facilitate the enrollment of the designated payment accounts in the virtual wallet. The W-CONNECTOR may also be configured to facilitate the creation and funding of pre-paid accounts in a consumer's virtual wallet. | 09-19-2013 |
20130254105 | System and Method for Processing Expiration Dates for Prepaid Cards - A prepaid card processing system is operable for processing customized expiration dates of prepaid cards. The prepaid card processing system includes a database for storing program expiration parameters associated with an issuer prepaid card program; a set of card accounts created under the issuer prepaid card program, wherein each card account has an expiration date for a prepaid card associated with the card account; and one or more customized expiration parameters for the set of card accounts. The prepaid card processing system is operable to determine the expiration date for the prepaid card associated with the card account based on the program expiration parameters and the customized expiration parameters for the set of card accounts. | 09-26-2013 |
20130254106 | Gift Card and Charitable Donation Piggybank System - A method and system for purchasing a gift card and making a charitable donation using one or more computers comprising a non-transitory computer readable medium, a program, and a computer executable program code, the method comprising the steps of establishing a first account; establishing a second account; linking the first and second accounts; using either the first account or the second account to purchase a gift card from an online merchant; and distributing a charitable donation from the online merchant to a charitable organization after the gift card is purchased. | 09-26-2013 |
20130262302 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR PROVISIONING PAYMENT ACCOUNTS INTO MOBILE WALLETS AND MANAGING EVENTS - Systems, methods, and computer program products are provided for provisioning service accounts into mobile wallets and managing events. A first request is received from a requestor system, and stored in memory. A second request based on the first request is transmitted to a server. A response, including a response code indicating a status of processing of the first request, is transmitted to the requestor system. The first request is one of a request to: set up a service account, update a service account state, update information in a mobile wallet, manage messages, obtain account information, or publish event information. | 10-03-2013 |
20130268437 | SECURE ECOSYSTEM INFRASTRUCTURE ENABLING MULTIPLE TYPES OF ELECTRONIC WALLETS IN AN ECOSYSTEM OF ISSUERS, SERVICE PROVIDERS, AND ACQUIRES OF INSTRUMENTS - A platform for performing secure personalized transactions in a multi-domain ecosystem includes a personalization tier that enables service provider personalization for one or more ecosystem elements stored on a mobile device. Further, the platform includes an enabling tier for facilitating interoperation between the personalization tier and a client device. The platform further includes a service tier that may be operating independently of the enabling tier and may enable service delivery for a plurality of services. | 10-10-2013 |
20130275299 | SYSTEM AND METHOD FOR ELECTRONIC RECEIPT MANAGEMENT USING USER TERMINAL - Provided are systems and methods for electronic receipt management using a user terminal which includes an electronic wallet where payment information is stored, an electronic receipt application storing and managing an electronic receipt, an installation number generated to determine what number of application is installed when the electronic receipt application is installed, a dongle including a payment request relay unit requesting an installation number and payment information to the user terminal to transfer received installation number, payment information, and the amount of requested payment to a payment server, a payment unit making a payment using the payment information and the amount of requested payment received from the payment request relay unit and an electronic receipt issuing unit issuing an electronic receipt when the payment unit makes a payment and transferring the issued electronic receipt and the installation number received from the payment request relay unit to an electronic receipt server. | 10-17-2013 |
20130275300 | VIRTUAL WALLET ACCOUNT WITH AUTOMATIC-LOADING - Methods and apparatus for operating a virtual wallet system to improve the operation of decoupled debit payment account schemes are described. In an embodiment, the process includes a virtual wallet server receiving a peer to peer purchase authorization request from an originating payment service provider (PSP). The virtual wallet server maps the virtual wallet account number to a consumer funding account, validates the consumer, applies issuer-defined business rules to the purchase transaction details, determines that the issuer-defined rules are satisfied, and generates and routes a standard purchase authorization request message to a first payment network authorization system for routing to an issuer of the funding account. The process also includes the virtual wallet server acting as an original acquirer proxy and receiving an authorization response approving the payment transaction, loading the consumer's virtual wallet account in real time to match the payment amount, and transmitting the payment authorization response to a second payment authorization network for routing to a receiving financial institution. | 10-17-2013 |
20130282573 | PAYMENT CARDS AND DEVICES WITH GIFT CARD, GLOBAL INTEGRATION, AND MAGNETIC STRIPE READER COMMUNICATION FUNCTIONALITY - A payment card (e.g., credit and/or debit card) or other device (e.g., mobile telephone) is provided with a magnetic emulator operable to communicate data to a magnetic stripe read-head. Gift cards may be inputted by a user into such a payment card or other device such that a user can combine gift cards. Similarly, a user be provided with a global payment account that can be utilized in multiple countries that have different standards for formatting data. A user may be provided with a default country (e.g., United States) but may have a way to select that the user is in a different country (e.g., Japan). Accordingly, a user may select that a Japanese data structure be transmitted through a magnetic stripe reader when the user is in Japan. | 10-24-2013 |
20130282574 | M-COMMERCE VIRTUAL CASH SYSTEM, METHOD, AND APPARATUS - A virtual cash system, method, and apparatus has an account record containing a record of money amounts associated with a wireless device and a transmitter for wirelessly transmitting to the wireless device predetermined information from the account record. Cash amounts can be spent from the account record directly from the wireless device via information derived from the wireless device via a bar code on the display, a short range radio signal, a light beam, or the like. A different security code is generated for each account transaction for verification. | 10-24-2013 |
20130282575 | SYSTEMS AND METHODS FOR PROGRAMMABLE PAYMENT CARDS AND DEVICES WITH LOYALTY-BASED PAYMENT APPLICATIONS - A payment card (e.g., credit and/or debit card) or other device (e.g., mobile telephone) is provided with a magnetic emulator operable to communicate data to a magnetic stripe read-head. Data may include the type of reward that a user would like to earn as a result of making a purchase or the type of reward that a user would like to utilize to at least partially pay for a purchase. | 10-24-2013 |
20130290181 | CLIENT CUSTOMIZED VIRTUAL OR PHYSICAL CARD FOR USE WITH SELECTED MERCHANTS - A client selects several merchants with whom the card may be redeemed, the amount redeemable, and a design for the card, which is personalized for the card recipient. | 10-31-2013 |
20130290182 | PAYMENT CARD BASED REMITTANCE SYSTEM WITH DESIGNATION OF RECIPIENT BY MOBILE TELEPHONE NUMBER - Methods and apparatus for conducting a funds transfer. In an embodiment, a translation computer receives an inquiry that includes a mobile telephone number from a payment system computer. The process includes accessing a computer database, translating the mobile telephone number into a payment card account number, and then transmitting, by the translation computer to the payment system computer, the payment card account number in response to the inquiry. | 10-31-2013 |
20130297502 | Mobile Transaction network using a prepaid VTN card - A method of storing money on VTN prepaid card purchased at agent location and transferring the money using a hybrid VTN mobile and internet procedure to the recipient. | 11-07-2013 |
20130297503 | SYSTEMS AND METHODS FOR SECURE DIGITAL IDENTIFICATION CARD PROCESSING - A system and method for verifying a transaction includes verifying a transaction, by a processing device, includes receiving a verification code generated by a verification device based in part on a current count from a counter configured to count the passage of defined intervals of time, wherein the counter is started at a randomly generated start count. The method also includes verifying the verification code based in part on a current count calculated independently from the counter. On a condition the verification code is verified, approval for the transaction is transmitted. The verification device includes a counter configured to count the passage of defined intervals of time. The processing device includes a second circuit configured to electronically receive and verify the verification code based, in part, on the current count, wherein the second circuit calculates the current count independently of the counter. | 11-07-2013 |
20130297504 | TRANSACTION DATA TOKENIZATION - A system and method of tokenizing sensitive cardholder payment information for use in cashless transactions includes receiving a request to process a cashless transaction between a merchant and a purchaser using first payment data stored with an electronic wallet provider on behalf of the purchaser. First payment data is retrieved from the electronic wallet provider. The first payment data is tokenized into a payment token, and provided to the merchant for use in completing the cashless transaction. The merchant issues a request to process payment for the cashless transaction using the payment token. The payment token is detokenized into second payment data, with correspondence between the first and second payment data being indicative of payment token authenticity. Payment for the cashless transaction is processed using the second payment data, and the merchant is provided with a response indicating either the success or failure of the payment processing. | 11-07-2013 |
20130297505 | SYSTEM AND METHOD FOR INSTANT ISSUE OF PERSONALIZED FINANCIAL TRANSACTION CARDS - In a method for instantly issuing a personalized financial transaction card to a customer, a bank employee receives customer and card information a branch location, including a card PIN. The customer and card information is input into a data terminal and communicated across a network to a card services provider, where the PIN is entered into a PIN database. A reference number associated with the customer and a PIN offset is generated. The reference number is used to retrieve the PIN from the PIN database. The PIN is then used to apply calculations to the card file. The card file is securely sent from the card services provider across the network to the branch location. Using information from the card file, the financial transaction card is printed for the customer at the branch location. | 11-07-2013 |
20130297506 | SYSTEM AND COMPUTER PROGRAM PRODUCT TO ISSUE A RETAIL PREPAID CARD INCLUDING A USER-DESIGNED EXTERNAL FACE USING A CHIT AND RELATED COMPUTER IMPLEMENTED METHODS - Embodiments of systems, computer program product, and related computer implemented methods to issue a closed-loop retail prepaid card including a user-designed external face using a chit, the chit being defined by an identification mechanism representing a financial commitment to issue a closed-loop retail prepaid card in an amount associated with a value paid for the chit, are provided. Embodiments of the present invention advantageously provide a service that enables a consumer to purchase, at the storefront of a retail establishment, a chit card that the consumer can subsequently redeem through a graphical user interface of an Internet website for a closed-loop retail prepaid card with a user-designed external face. The user-designed closed-loop retail prepaid card, for example, can be subsequently printed and delivered to an intended recipient. Advantageously, such a service can be made available to any retail establishment that uses a point-of-sale system. | 11-07-2013 |
20130304642 | System and Method for Using Intelligent Codes to Add a Stored-Value Card to an Electronic Wallet - A method comprises receiving a request to add a stored-value card to an electronic wallet via interpreting an intelligent code which directs a user to a URL for an electronic wallet website; prompting a user for credentials to enter the electronic wallet website; determining whether the stored-value card already exists in the electronic wallet; and adding the stored-value card to the electronic wallet. A system comprises a computer device to receive a request to add a stored-value card to an electronic wallet via interpreting an intelligent code which directs a user to a URL for an electronic wallet website; to prompt a user for credentials to enter the electronic wallet website, to determine possession of the stored-value card, to determine whether the stored-value card already exists in the electronic wallet, and to add the stored-value card to the electronic wallet. | 11-14-2013 |
20130304643 | MULTIPLE ACCOUNT ADVANCED PAYMENT CARD AND METHOD OF ROUTING CARD TRANSACTIONS - A system of accessing through a financial processing network multiple accounts associated with a single financial card. Data is input to the financial network in addition to the transaction data and the account identification data that in read from the card. This addition data permits the proper account to be accessed. The data may be input at the point of sale as an account selection. In this instance, the selection may be used to route the transaction data through the financial processing network or may be used to read data regarding one of multiple accounts encoded on the card. The data may also be stored as conditional routing rules at transfer points in the financial processing network. In this instance, the transaction is routed to the proper account based on the stored rules. | 11-14-2013 |
20130311363 | DYNAMICALLY RE-PROGRAMMABLE TRANSACTION CARD - A dynamically re-programmable transaction card is capable of dynamically changing the information stored on various data tracks included on a magnetic strip(s) of the card. The information may be payment information associated with payment card, such as a credit card, debit card, gift card, etc., such that a user may select a payment type/card for a pending transaction and the data tracks may be dynamically programmed just prior to the pending transaction to allow for a transaction to processed using the user-selected payment information. During the period of time for which the transaction card is programmed, the card emulates the physical embodiment of the payment card selected. Additionally, the transaction card may be dynamically programmed with any other information needed to conduct a transaction that is typically stored on other convention magnetic stripe cards, such as loyalty card information, key code information (e.g., card-like hotel keys) and the like. | 11-21-2013 |
20130311364 | Managing Financial Accounts Associated with Residents of Controlled-Environment Facilities - Systems and methods for managing financial accounts associated with residents of controlled-environment facilities are disclosed. In some embodiments, a method may include receiving information corresponding to a pooled account (e.g., a trust account, etc.) held by a financial institution (e.g., a bank), at least in part, for the benefit of residents (e.g., work-release inmates, etc.) of a controlled-environment facility (e.g., a jail, prison, etc.). The method may also include allocating funds within the pooled account to corresponding residents. The method may further include designating a first portion of the funds allocated to a given resident as inaccessible to the resident and designating a second portion of funds allocated to the given resident as accessible to the resident. A magnetic card, near-field communications (NFC) device, or the like may be associated with the accessible portion of a resident's funds and used to complete transactions inside and/or outside of the controlled-environment facility. | 11-21-2013 |
20130325711 | MULTI-PROTOCOL COMMUNICATION CIRCUIT - Peer-to-peer type communications are facilitated in a secure communication device. As consistent with one or more example embodiments, near-field communications are effected ( | 12-05-2013 |
20130325712 | CARD PAYMENT SYSTEM INCLUDING MOBILE COMMUNICATION TERMINAL AND MOBILE RELAY DEVICE, APPARATUSES IN THE SYSTEM AND METHOD FOR CARD PAYMENT IN THE APPARATUSES - Provided is a card payment system. The card payment system includes an affiliated merchant terminal configured to transmit payment-related information including an affiliated merchant ID and a payment amount and a relay device configured to store the payment-related information transmitted from the affiliated merchant terminal in a memory, and provide the payment-related information stored in the memory to a mobile communication terminal of a customer, for a card payment using the mobile communication terminal of the customer. Accordingly, a customer can safely and quickly perform a credit transaction by using a mobile communication terminal of the customer even without presenting a payment card to an affiliated merchant, and moreover perform the credit transaction at a desired place in the affiliated merchant even without unnecessarily moving to a counter or exposing financial information of the customer. | 12-05-2013 |
20130332353 | SYSTEM AND METHOD FOR USING FLEXIBLE CIRCUITRY IN PAYMENT ACCESSORIES - Systems and methods described herein may comprise RFID data acquisition technology which may be embedded in a fob or tag for use in completing financial transactions. This fob may a self-contained device which includes a transponder and which may be contained on any portable form factor and may comprise flexible circuitry. For instance, the fob may be housed in a wearable transaction instrument, such as a bracelet, ring, wrist band, retractable id, necklace, jewelry charm, lanyard, key ring fob, watch, band, pin, and/or the like. The fob is configured to be used in concert with an RFID reader device. | 12-12-2013 |
20130332354 | MOBILE DEVICE AND CONTROL METHOD THEREOF - A mobile device is provided. The mobile device includes a display unit, a sensor configured to sense user's touch done on a surface of the display unit in a disabled state of the display unit, a storage unit configured to store preset gesture information, a controller configured to enable the display unit when a user's touch operation matched with the gesture information is sensed, execute a wallet application, and display an execution screen, and a communication unit configured to transmit information for a selected payment option to an external apparatus when the payment option is selected on the execution screen and perform a payment. The payment is simply done. | 12-12-2013 |
20130332355 | PHYSICAL PRESENCE DIGITAL AUTHENTICATION SYSTEM - The interactive authentication system allows a consumer to interact with a base station, such as broadcast media (e.g., television and radio) or PC, to receive coupons, special sales offers, and other information with an electronic card. The electronic card can also be used to transmit a signal that can be received by the base station to perform a wide variety of tasks. These tasks can include launching an application, authenticating a user at a website, and completing a sales transaction at a website (e.g., by filling out a form automatically). The interaction between the base station and the electronic card is accomplished by using the conventional sound system in the base station so that a special reader hardware need not be installed to interact with the electronic card. The user is equipped with an electronic card that can receive and transmit data via sound waves. In the various embodiments, the sound waves can be audible or ultrasonic (which can be slightly audible to some groups of people). | 12-12-2013 |
20130332356 | MOBILE CARD MANAGEMENT METHOD - In an embodiment of the present invention, there is disclosed a method of allowing a mobile payment program module to directly list up card information about a specific use (for example, payment, identification, membership, etc.) in the mobile communication terminal according to kinds of transaction characteristics and to select and use a desired card, instead of a method of delivering information (for example, service classification code information of AID code) determined by an external server to the mobile payment program module such that the mobile payment program module may find a corresponding card stored in the mobile communication terminal, among methods of selecting a specific card from among a plurality of cards stored in a mobile communication terminal. | 12-12-2013 |
20130339231 | PREPAID WALLET FOR MERCHANTS - A system including a memory storing user account information with a payment provider associated with specific merchants, and a method for use of the system are provided. The system includes one or more processors in communication with the memory and adapted to: receive login information from a user from a merchant website; access an account of the user with the payment provider; cause information for the account of the user to be displayed on the merchant website; and process a payment to the merchant from the account of the user. | 12-19-2013 |
20130339232 | WIDGET FRAMEWORK FOR SECURING ACCOUNT INFORMATION FOR A PLURALITY OF ACCOUNTS IN A WALLET - A platform for performing secure personalized transactions in a multi-domain ecosystem includes a personalization tier that enables service provider personalization for one or more ecosystem elements stored on a mobile device. Further, the platform includes an enabling tier for facilitating interoperation between the personalization tier and a client device. The platform further includes a service tier that may be operating independently of the enabling tier and may enable service delivery for a plurality of services. | 12-19-2013 |
20130339233 | ELECTRONIC WALLET BASED PAYMENT - In one example embodiment, a method performed by a server includes issuing an electronic wallet to be hosted on an end device, transmitting, to a bank, a request to generate a virtual account corresponding to the issued electronic wallet, receiving, from the end device, a transaction request including a payment amount and a store identifier and transmitting, to the bank, a request to transfer the payment amount from the virtual account to a store account corresponding to the store identifier. | 12-19-2013 |
20130339234 | METHOD AND SYSTEM FOR MOBILE COMMERCE WITH REAL-TIME PURCHASE SUPPORT - A method and system provides the user of a computing device with information, analysis, suggestions and/or recommendations relating to the user's financial information and/or purchasing history, in relation to an electronic commerce transaction initiated by the user at the computing device, prior to, during, or after completion of the electronic commerce transaction. | 12-19-2013 |
20130346305 | MOBILE WALLET PAYMENT PROCESSING - A method and system for mobile wallet payment processing. A request may be received from a mobile wallet operative on a mobile device for a virtual credit card, the request including device identification and a predefined payment form. A virtual credit card is dynamically issued by a payment processor responsive to the request. The virtual card is communicated to the mobile wallet on the mobile device and used to authorize a transaction with a vendor. A payment request is received from the vendor by the payment processor, which includes the virtual credit card, transaction details, and the identification of the mobile device authorizing the transaction. Upon verification of the information in the payment request and available funds, the payment processor processes payment for the transaction using the virtual credit card, with the predefined payment form used to satisfy any charges incurred by the virtual credit card. | 12-26-2013 |
20130346306 | SYSTEMS AND METHODS FOR INCENTIVIZING A MERCHANT IN A PREPAID DEBIT CARD SYSTEM - Systems and methods for facilitating the promotion and sale of prepaid debit cards in the retail outlets of non-bank merchants. In an embodiment, prepaid debit cards are consigned, rather than sold, to the merchants. Furthermore, a lifetime commission may be provided to the merchants to encourage promotion of the prepaid debit cards. Through the motivated promotion of prepaid debit cards, under-banked or un-banked consumers can be encouraged to experience the security and flexibility of the banking system without being part of the banking system. In some circumstances, these consumers may be guided into the banking system. | 12-26-2013 |
20130346307 | SYSTEMS AND METHODS FOR TRACKING A CREDIT LIMIT FOR A MERCHANT IN A PREPAID DEBIT CARD SYSTEM - Systems and methods for managing a credit limit for a merchant in a prepaid debit card system. In an embodiment, prepaid debit cards are consigned, rather than sold, to the merchants. Furthermore, an initial credit limit is determined for the merchant. Transaction information, comprising data related to transactions in which the prepaid debit cards are purchased or reloaded, is received. A deposit amount related to the transactions is tracked and compared to a threshold related to the credit limit. When the deposit amount exceeds the threshold, a deposit pick up is initiated. | 12-26-2013 |
20130346308 | VEHICLE CHARGING CONTROL APPARATUS, VEHICLE CHARGING CONTROL METHOD, AND INFORMATION TERMINAL - A vehicle charging control apparatus includes: a unit which presents unit prices of charging power; a unit which issues an instruction for preferentially charging a vehicle for which allowable time is short in proportion to request amount; and a unit which determines whether there is another allowable time which is associated with the request amount and meets a condition that the other allowable time is longer than the allowable time and the unit price associated with the other allowable time is lower than the unit price associated with the request amount and the allowable time. The unit prices are set lower when associated with a longer allowable time and also set lower when associated with a smaller request amount. When the other allowable time meets the condition, the other allowable time and the unit price associated with the other allowable time are presented. | 12-26-2013 |
20140006274 | ELECTRONIC CARD RENDERING FOR MOBILE WALLET | 01-02-2014 |
20140006275 | ELECTRONIC IDENTIFICATION AND NOTIFICATION OF BANKING RECORD DISCREPANCIES | 01-02-2014 |
20140006276 | MOBILE WALLET ACCOUNT NUMBER DIFFERENTIATION | 01-02-2014 |
20140006277 | SYSTEM AND METHOD FOR PROVIDING SMART ELECTRONIC WALLET AND RECONFIGURABLE TRANSACTION CARD THEREOF | 01-02-2014 |
20140006278 | SAVE TO OPEN WALLET | 01-02-2014 |
20140012750 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR INTEGRATING THIRD PARTY SERVICES WITH A MOBILE WALLET - Systems, methods, and computer program products are provided for providing a message via a mobile wallet. A structured data object message is received from one of a plurality of service provider systems via a communication network. A payment product associated with the structured data object message is identified based on service provider data stored in a wallet database. A wallet client associated with the payment product is identified based on synchronization data stored in the wallet database. The structured data object message is transmitted to the identified wallet client, thereby causing the identified wallet client to display the notification in association with the identified payment product. | 01-09-2014 |
20140012751 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR INTEGRATING THIRD PARTY SERVICES WITH A MOBILE WALLET - Systems, methods, and computer program products are provided for providing a third party service via a wallet client. Service provider information is received from a service provider and stored in a wallet client database. Based on the service provider information, a wallet client is authenticated with a service provider system, a communication session is established, and a servicing environment is invoked. | 01-09-2014 |
20140012752 | System and Method for Preventing Fraud by Generating New Prepaid Gift Accounts - Systems, methods, and computer-readable media for preventing fraud when exchanging prepaid gift accounts. The system identifies a first prepaid gift account associated with a first prepaid gift. The system then presents an owner of the first prepaid gift with an offer to purchase the first prepaid gift account for an offer amount. Next, the system receives from the owner an acceptance of the offer. Based on the acceptance, the system provides payment to the owner for the first prepaid gift account, generates a second prepaid gift account for a second prepaid gift, transfers at least a portion of funds from the first prepaid gift account to the second prepaid gift account, deactivates the first prepaid gift account, and offers the second prepaid gift account for resale as a new prepaid gift to a person other than the owner. | 01-09-2014 |
20140019351 | Multi Application Smartcard with Currency Exchange, Location, Tracking and Personal Identification Capabilities - A smart card capable of performing more than one function, said smart card comprising a first memory means comprising a first set of data to access a bank account, a second set of data to access a credit card account, a third set of data representing the identification of a holder of the smart card, and a fourth set of data to access telephone communication services. The smart card further comprises a microprocessor, said microprocessor being in electrical communication with a second memory means, and a location tracking means for determining a location of the smart card. | 01-16-2014 |
20140019352 | MULTI-PURPOSE VIRTUAL CARD TRANSACTION APPARATUSES, METHODS AND SYSTEMS - The MULTI-PURPOSE VIRTUAL CARD TRANSACTION APPARATUSES, METHODS AND SYSTEMS (“WIP”) transform wallet in proxy card generation requests and purchase inputs via WIP components into wallet in proxy card generation notifications and wallet in proxy card-based transaction purchase notifications. In one implementation, the WIP server may receive a transaction authentication request associated with a proxy payment identifier, and then determine that the proxy payment identifier is associated with an electronic wallet. The WIP sever may further obtain a payment identifier associated with the electronic wallet, and authenticate the transaction using the obtained payment identifier associated with the electronic wallet. | 01-16-2014 |
20140025573 | Distributed Electronic Commerce System, Method and Apparatus - A method for constructing electronic commerce services and conducting electronic commerce transactions is disclosed. The method is illustrated by instantiating and storing the electronic contract on a server; issuing and transmitting a token message to one or more contracting party's client device. Using a processor to intercept the token message and contact the server to retrieve the electronic contract associated with the token message; and downloading or uploading digital media as instructed by the electronic contract. The method is based on the uniform, highly expressive representation of electronic contracts as digital objects. A system based on a distributed object architecture that implements the method is also described. The architecture enables the execution of the promises encoded as part of an electronic contract to be executed on any device that implements an electronic contract interpreter mechanism. | 01-23-2014 |
20140040125 | DISPLAYING PAYMENT INSTRUMENT ART - Displaying payment instrument art in a proxy card transaction includes a proxy card system that employs a server configured for receiving a plurality of electronic image files for financial payment instruments; receiving information identifying guidelines for determining which of the plurality of electronic image files is appropriate for the corresponding plurality of financial payment instruments; receiving a request to associate a payment instrument with a proxy card account maintained by the one or more computing devices, the request comprising information identifying the payment instrument, the payment instrument being associated with a payment instrument account maintained by a payment instrument system; determining a particular one of the electronic image files associated with the status of the payment instrument account; receiving a verification of the particular one of the electronic image files; and displaying the verified particular one of the electronic image files with the payment instrument on the user computing device. | 02-06-2014 |
20140040126 | MANAGING DEVICES ASSOCIATED WITH A DIGITAL WALLET ACCOUNT - Managing user devices associated with a digital wallet account comprises associating, using one or more computing devices, one or more user computing devices with a digital wallet account of a user, each of the associated one or more user computing devices being activated to conduct financial transactions with a merchant utilizing the digital wallet account; presenting the associated user computing devices in a list of associated user computing devices; receiving a request to deactivate a particular user computing device from the list of associated user computing devices; deactivating the particular user computing device, the deactivation being sufficient to prevent the user computing device from conducting transactions with a merchant utilizing the digital wallet account; and presenting a deactivated status of the particular user computing device. | 02-06-2014 |
20140040127 | Virtual Wallet Card Selection Apparatuses, Methods and Systems - The VIRTUAL WALLET CARD SELECTION APPARATUSES, METHODS AND SYSTEMS (“VWCS”) transform virtual wallet card selections by users utilizing mobile devices via VWCS components into virtual wallet card-based transaction purchase notifications. In one implementation, the VWCS obtains a user authentication request for a purchase transaction, and extracts a universal card account number from it. Upon querying a database, the VWCS determines that the user has access to a virtual wallet and obtains virtual wallet card selection options for the user from the database. The VWCS provides the virtual wallet card selection options to a user mobile device, and obtains a user selection of an account included among the options. The VWCS initiates a purchase transaction using the user selection. Also, upon completion of authorization of the purchase transaction, the VWCS provides a purchase receipt to the user mobile device. | 02-06-2014 |
20140046837 | SYSTEMS AND METHODS FOR FACILITATING ELECTRONIC PAYMENT SERVICE PROVIDER TRANSACTIONS USING PHYSICAL OBJECTS - A device for processing a transaction between a sender and a recipient using a physical object is provided. The device includes a network interface component coupled to a network that receives data packets including first image data and an amount to be associated with the first image data. The device also includes a memory coupled to the network interface component storing the first image data and the amount, and one or more processors coupled to the memory and the network interface component. The one or more processors match second image data included in a second one or more data packets received by the network interface component from the recipient to the first image data, determine the amount associated with the first image data if the second image data matches the first image data, and transfer the associated amount from a sender account to a recipient account. | 02-13-2014 |
20140046838 | SYSTEM AND METHOD FOR BENEFICIARY CONTROLLED USE OF PAID BENEFITS - A method for distributing a controlled payment number includes: storing a financial account, the account including a payment card number and a beneficiary; offering a controlled payment number, wherein the number can be controlled based on at least one of a plurality of payment card use conditions; receiving, from the beneficiary, a request for a controlled payment number, the request including an indication of at least one payment card use condition; transmitting the payment card number and the at least one payment card use condition; receiving a controlled payment number associated with the at least one payment card use condition; associating the controlled payment number with the financial account; and distributing the controlled payment number, wherein the controlled payment number is subject to the at least one payment card use condition and the payment card number is not subject to the at least one payment card use condition. | 02-13-2014 |
20140046839 | GEOGRAPHIC AREA MULTIPLE SERVICE CARD SYSTEM - The invention provides consumers with the services of multiple cards or accounts while allowing consumers to carry a single card, transponder, code and/or other access device. Because the card may access combined services such as financial transaction services and transportation services, the system may facilitate charging the financial account for the transportation services. The system may allow the consumer to use loyalty points or geographic based loyalty points to pay for the transportation services. The system may also limit the use of certain loyalty points based upon the geographic area for certain transportation services in certain geographic areas. | 02-13-2014 |
20140046840 | PAYMENT MODULE, PAYMENT METHOD, PROGRAM, INFORMATION-RECORDING MEDIUM, PAYMENT DEVICE, AND METHOD FOR CONTROLLING PAYMENT DEVICE - Provided is a payment module capable of reducing the probability that a balance of each electronic value that is usable for a payment becomes insufficient when the payment is made. An IC chip ( | 02-13-2014 |
20140052628 | PORTABLE HAND-HELD MULTIFUNCTION DEVICE WITH MULTIPLE TRANSACTION ACCOUNTS - A portable hand-held multi-function device, such as a smart card or other peripheral device, and method of using same for purchase transactions. The device has processing circuitry, program storage, data memory, and a user input device. A plurality of transaction applications are stored in the data memory. The processing circuitry is programmed via instructions in the program storage to use, as a result of a user selection received via the user input device, one of the plurality of transaction applications for making payment for a purchase from a merchant in a purchase transaction. | 02-20-2014 |
20140052629 | Method and System for Effecting Payment by Checks Through the Use of Image Replacement Documents - According to one embodiment of the present invention, a computerized method for effecting payment by a check includes electronically receiving payment information for a check drawing on a checking account of an account holder, retrieving from a storage location an image replacement document template associated with the checking account in response to receiving the payment information, and generating an image replacement document representative of the check by inserting the payment information into respective fields of the image replacement document template. The payment information includes a date, a payee, a dollar amount, a legal amount, and a signature. | 02-20-2014 |
20140052630 | SECURE SMART CARD SYSTEM - A smart card usable in magnetic stripe swipe transactions with a transaction terminal configured to read transaction information encoded on a magnetic stripe of a standard transaction card includes a card body, which includes a magnetic stripe emulator for use with the transaction terminal, a smart card chip programmed with at least one transaction application for providing secured data for use in a transaction and dynamic card verification data, a power supply, and a card controller in communication with the magnetic stripe emulator. The card controller is configured to receive the dynamic card verification data and control the magnetic stripe emulator to emit a magnetic field encoded with at least a portion of the secured data and the dynamic card verification data. | 02-20-2014 |
20140052631 | PAYMENT MODULE, PAYMENT METHOD, PROGRAM, AND INFORMATION RECORDING MEDIUM - Provided is a payment module capable of allowing a total amount of money dispersedly recharged for a plurality of kinds of prepaid values to be used for a payment regardless of which of the prepaid values is used for the payment. An IC chip ( | 02-20-2014 |
20140058935 | MOBILE CONTACTLESS DIGITAL WATCH PAYMENT - A mobile contact-less wrist watch payment system for making secure payments. The mobile contact-less watch payment system uses Near Field Communications and Finger Print Security Technology to create a digital watch wallet for credit card and bank card payments through a watch. The user is able to wear the watch as a digital wallet, which is unlike current applications which focus solely on having the digital wallet in a cell phone platform. The watch features security safeguards before it can be accessed to provide payments. | 02-27-2014 |
20140058936 | MANAGING VIRTUAL WALLETS PROVIDED BY A MOBILE TERMINAL - A method for managing a plurality of virtual wallets provided by a mobile terminal for carrying out transactions with electronic devices. The plurality of virtual wallets receives different virtual objects and manages resources available via the different virtual objects. Each virtual wallet of the plurality of virtual wallets includes a respective security element connected to the mobile terminal used for identification in a transaction and a respective wallet application for controlling transactions and providing a user interface for a user of the mobile terminal. The plurality of virtual wallets are linked and displayed by a unitary wallet application. The method includes accessing, by the unitary wallet application, a security element of a virtual wallet for a transaction via a hardware control interface supported by the mobile terminal that is universal to the respective security elements of the plurality of virtual wallets. | 02-27-2014 |
20140058937 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR SECURING AND MANAGING APPLICATIONS ON SECURE ELEMENTS - Systems, methods, and computer program products are provided for securing and managing applications on a secure element. Mobile wallet data is stored in at least one memory. Authentication data is received from a mobile wallet. A determination is made as to whether the authentication data is valid, based on a comparison of the authentication data and the mobile wallet data. If the authentication data is valid, processing of one or more commands is enabled. A first command is received from the mobile wallet. A determination is made as to whether processing of the first command is enabled, and if the first command is enabled, the first command is processed. | 02-27-2014 |
20140058938 | eWallet choice - Methods and systems for facilitating a choice by a consumer of one of a plurality of eWallets from an eWallet entity or from an eWallet provider; and, in certain aspects, each eWallet provider able to access a master account of a consumer; and in certain such methods, multiple entities bidding regarding price and/or incentive(s) in order to influence the consumer to choose a particular eWallet to effect a transaction, e.g., a sales or rental transaction or a transaction for services. Methods and systems for funding an account, in one aspect, a pension account, insurance account, or college fund; and computer applications for effecting such funding; in certain aspects using an electronic wallet. Methods and systems for providing a GIFTSURANCE (trademark) insurance policy to a person or persons; and, in certain aspects, a computer application for funding such a GIFTSURANCE (trademark) policy. This abstract is provided to comply with the rules requiring an abstract which will allow a searcher or other reader to quickly ascertain the subject matter of the technical disclosure and is submitted with the understanding that it will not be used to interpret or limit the scope or meaning of the claims, 37 C.F.R. 1.72(b). | 02-27-2014 |
20140067667 | FUND SHARING METHOD AND APPARATUS - A system, method, and computer-readable storage medium configured to enable the pooling and sharing of funds to cover shared expenses. An electronic basket is created. The electronic basket includes a virtual prepaid payment card with a unique identifier and associated with a user. The user is prompted for potential contributors to the electronic basket. A network interface electronically contacts the potential contributors, and the electronic basket is stored in a user-card database. | 03-06-2014 |
20140074704 | SYSTEMS, METHODS AND DEVICES FOR CONDUCTING TRANSACTIONS WITH ELECTRONIC PASSBOOKS - A method is disclosed for storing an electronic gift card (eGC) on a portable electronic device. The method includes: receiving a request for a web page hosted by a prepaid instrument provider server, the request including a uniform resource locator (URL) associated with a selected eGC stored on the server; associating with the selected eGC a unique identification code and a URL link to the selected eGC; sending the web page with a user-interface control that, when selected, causes the selected eGC to be added to an electronic passbook on the portable electronic device; responsive to selection of the user-interface control, receiving the unique identification code associated with the selected eGC; responsive to receiving the unique identification code, creating an electronic passbook file for the selected eGC; and, communicating the electronic passbook file for adding as a representation of the selected eGC to the electronic passbook. | 03-13-2014 |
20140081856 | GIFT CARD ASSOCIATION WITH ACCOUNT AND USER CUSTOMIZATION - The disclosure concerns systems, methods and computer program products for enabling a user to customize gift card application to a transaction. The invention receives information associated with a gift card. Then, the invention associates the gift card with the account. Then, the invention receives information associated with a transaction. Then, the invention determines the transaction qualifies for the gift card. Then, the invention initiates presentation of a first option to apply funds associated with the gift card to the transaction and a second option to apply general funds associated with the account to the transaction. | 03-20-2014 |
20140081857 | SYSTEM AND METHOD OF A SMARTCARD TRANSACTION WITH BIOMETRIC SCAN RECOGNITION - A method for facilitating biometric security in a smartcard-reader transaction system is provided. The method includes determining if a transaction violates an established rule, such as a preset spending limit. The method also includes notifying a user to proffer a biometric sample in order to verify the identity of said user, and detecting a proffered biometric at a sensor to obtain a proffered biometric sample. The method additionally comprises verifying the proffered biometric sample and authorizing a transaction to continue upon verification of the proffered biometric sample. | 03-20-2014 |
20140089183 | DYNAMIC BIN ALLOCATION FOR PAYMENT CARD TRANSACTIONS - Preauthorized payments may be made to service providers, repair shops and even vendors serving employees on business trips through credit card processing. The approved payment amount is authorized on a virtually created payment card which is then sent to the payee. These transactions incur interchange fees for the card processing. Therefore, unlike a check or EFT payment, the payee receives the approved payment less interchange fees. Interchange rates vary based on the payment card product offered by an issuing bank in addition to factors relating to how the payment card is processed. The current invention is a method of automatically generating a virtual payment card and/or processing the card in a manner to achieve a target interchange fee. | 03-27-2014 |
20140089184 | Payment System and Method Using Tokens - A method of payment using tokens issued by a third party comprising the steps of: a. A transaction management unit receives a request to perform a service for which payment with tokens is required; b. The management unit checks whether there are yet unused tokens available; If an unused token was found, go to step (c); If there are no available tokens, then indicate that, then END; c. The management unit requests information on an available token from a database. The status of the used token is changed to “used”; d. During the subsequent transaction, the management unit sends information relating to the token now used. A system for managing and monitoring the use of tokens, comprising: a. a transactions management unit using tokens, wherein the unit is activated when a local user requires to perform a service for which payment using tokens is required; b. a tokens database which includes information on tokens acquired from the third party; c. a tokens use monitoring unit, to verify the correct use of tokens; d. a database of tokens reports; e. a communication channel to other users. | 03-27-2014 |
20140089185 | ISOLATING DISTINCT SERVICE PROVIDER WIDGETS WITHIN A WALLET CONTAINER - Isolating distinct service provider widgets within a wallet container is accomplished by configuring a widget to provide access to an issuer-specific service group of services that are accessible in a service tier of a multi-tier platform for providing secure transactions, determining widget isolation requirements for operating the widget, configuring a widget descriptor with the isolation requirements, and communicating with the configured widget that has been deployed on a mobile device to provide at least one service from the issuer-specific service group. | 03-27-2014 |
20140095382 | DEPLOYING AN ISSUER-SPECIFIC WIDGET TO A SECURE WALLET CONTAINER ON A CLIENT DEVICE - Deploying an issuer-specific widget to a wallet container on a client device is accomplished by configuring a widget to provide access to an issuer-specific service group of services that are accessible in a service tier of a multi-tier platform for providing secure transactions, determining service-provider specific resource access requirements for operating the widget, configuring a widget descriptor with the access requirements, and communicating with wallet container to ensure successful deployment of the configured widget that meets the access requirements in the widget descriptor. | 04-03-2014 |
20140101042 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR MANAGING REMOTE TRANSACTIONS - Systems, methods, and computer-program products are provided for managing remote transactions. Applet data and transaction parameters are received from a mobile wallet platform over a communications network. The applet data and transaction parameters are communicated to a secure element. Transaction data is received from the secure element. The transaction data is transmitted to the mobile wallet platform over a communications network. The transaction data includes one or more of (1) an account number and (2) a verification code. | 04-10-2014 |
20140108241 | Method for Replacing Traditional Payment and Identity Management Systems and Components to Provide Additional Security and a System Implementing Said Method - An electronic wallet system that protects payment accounts, identification and other personal information found within a typical wallet with a secure electronic vault (first) device that can be part of a physical wallet, insert to a wallet, or in other embodiments, wearable/portable devices. A unique biometrically enabled multi-factor authentication process ensures only owners of the information can copy the information to the device or retrieve it thereafter. Authenticated users may then select payment, identification, medical or virtually any private information via touch display or voice command on the vault or on another (second) device that operates in conjunction with the vault. The second device comprises, for example, a programmable card with dynamic magnetic stripe, cell phone, or other wearable technology, that initiates and processes a payment and/or transfer of private information. | 04-17-2014 |
20140108242 | METHOD AND APPARATUS FOR CONTROLLING USE OF DIGITAL CONTENT USING SLIDING TIME INTERVALS - Digital work adapted to be distributed within a system for controlling at least one of the distribution and use of digital works. The digital work includes digital content representing a portion of a digital work suitable for being rendered by a rendering device and usage rights associated with the digital content. The usage rights specify a manner of use indicating one or more stated purposes for which the digital work can be at least one of used and distributed by an authorized party. | 04-17-2014 |
20140114851 | Systems and Methods for Processing a Payment Coupon Image - Embodiments of the invention may provide systems and methods for processing a payment coupon image. In one embodiment, a method includes receiving an image representing a payment coupon from a payer, determining an identity of a biller associated with the payment coupon based at least in part on information displayed by the image, and extracting data from the image based at least in part on payment coupon metadata associated with the biller indicating a layout of the payment coupon. The method may further include performing at least one of: (a) processing a payment associated with the payment coupon to the biller based at least in part on the data extracted from the image; (b) adding the biller to a list of billers for a payer associated with the payment coupon; or (c) activating the biller as an electronic biller for the payer associated with the payment coupon. | 04-24-2014 |
20140122329 | Secure Computing Device and Method - A method and device are described for maintaining software components in a portable electronic device. The device includes memory storing software components executable from the device, with associated pairs of logical storage partitions for storing different versions of the software components, a data interface for coupling the device to a host computer, a contactless interface for receiving payment token data from a contactless payment token, and a cellular network interface for communication of data over a cellular network. An upgrade process is initiated when the device is coupled to the host computer. Data including a different version of at least one of said software components is received, installed and executed to initiate a payment transaction with a remote system. Payment token data is received via the contactless interface means and transmitted to the remote system. | 05-01-2014 |
20140122330 | System And Method For Providing Recovery For Victims Of Checking Account Fraud - A system and method for recovery of losses associated with unauthorized use of a financial account, and more particularly to a fraud protection system and method for enabling an individual consumer or business to recover losses due to mobile, online or offline fraud associated with a financial account including but not limited to funds removed from the financial account due to check fraud, debit and automated teller machine (ATM) card fraud, counterfeiting and the like. | 05-01-2014 |
20140122331 | System and Method for Providing a Security Code - Systems and methods for providing a security code of an electronic stored value card are disclosed. A computer implemented method may include receiving a request for a security code of an electronic stored-value card, calculating the security code by a security code provider, providing a calculated security code of the electronic-stored value card in response to the request for a security code, and eliminating the calculated security code from all databases of the security code provider. A system may include a computer device of a provider of a security code of an electronic stored-value card, the computer device to receive a request for a security code of the electronic stored-value card, to calculate the security code, to provide the calculated security code in response to the request for a security code, and to eliminate the calculated security code from the computer device. | 05-01-2014 |
20140129435 | ELECTRONIC WALLET APPARATUS, METHOD, AND COMPUTER PROGRAM PRODUCT - Registration information for a plurality of consumers is obtained at an electronic wallet platform. A mechanism is provided to integrate the electronic wallet platform with a plurality of merchants. Via the electronic wallet platform, a given one of the consumers is afforded an option to select from multiple methods to pay for a transaction with a given one of the merchants. The multiple methods are based, at least in part, on the registration information. At least one of the multiple methods includes a virtual card number. Further steps include obtaining, from the given one of the consumers, a selection of the virtual card number for payment for the transaction; and providing the given one of the merchants with the virtual card number. | 05-08-2014 |
20140129436 | Systems and Methods for Personal Identification Number Distribution and Delivery - Systems and methods for obtaining a personal identification number (PIN) from a client terminal are disclosed. A method includes storing, at the client terminal, PINs for plural prepaid services. The method also includes receiving, at the client terminal, a request for a PIN associated with a desired prepaid service corresponding to one of the plural prepaid services. A PIN request is then sent, from the client terminal, to a server when less than a predefined number of PINs associated with the desired prepaid service are stored at the client terminal. In response, one or more PINs associated with the desired prepaid service are received at the client terminal. The method further includes dispensing at least one PIN corresponding to the desired prepaid service from the client terminal. | 05-08-2014 |
20140129437 | CONFIGURING A PLURALITY OF SECURITY ISOLATED WALLET CONTAINERS ON A SINGLE MOBILE DEVICE - Configuring a plurality of security isolated wallet containers on a single mobile device includes configuring at least one mobile transaction platform-specific application programming interface for facilitating access to secure mobile transaction platform resources by a wallet container executing on a mobile device; disposing a plurality of distinct wallet containers in a memory of the mobile device, wherein each wallet container interfaces with secure mobile transaction platform resources via the at least one application programming interface; disposing at least one service provider-specific wallet in each of the plurality of distinct wallet containers; and enforcing service-provider specific wallet security by a distinct wallet container accessing a portion of the secure mobile transaction platform resources via the at least one application programming interface. | 05-08-2014 |
20140129438 | SHAREABLE WIDGET INTERFACE TO MOBILE WALLET FUNCTIONS - Configuring a shareable widget interface to mobile wallet functions includes disposing a wallet module in a memory of a client device, and disposing a wallet companion applet in a secure element accessible by the client device, wherein the wallet companion applet facilitates access by at least one other applet and at least one wallet module to content that is stored in the secure element via a mobile wallet function sharable interface. | 05-08-2014 |
20140143142 | Electronic Currency System - An electronic currency system having Currency Issuing Authorities that are coupled to a money generator device for generating and issuing to subscribing customers electronic currency backed by correspondent Currency Issuing Authorities and participating Financial Institutions that accept and distribute the electronic money; a plurality of devices that are used by subscribers for storing electronic money and for performing money transactions with other participants and participating Currency Issuing Authorities and Authorized Financial Institutions, for exchanging electronic money with other like transactions; and verification arrangement for maintaining the integrity of the system, and for detecting counterfeiting and tampering within the system. The electronic currency consists of data in a form suitable to be stored in a participant's data storage medium, comprising information on the currency value, authentication values, certificate chain, and identification of the participants' devices. | 05-22-2014 |
20140149285 | EFFECTING PAYMENTS VIA MOBILE PHONES - Methods and systems for effecting mobile payments. A token for a payment is generated generating at a first mobile phone. The token is transferred between the first mobile phone and a second mobile phone, and is encashed at at least one of: the first mobile phone and the second mobile phone. | 05-29-2014 |
20140156523 | METHODS, SYSTEMS, AND COMPUTER READABLE MEDIA FOR PEER-TO-PEER THIRD PARTY DISTRIBUTION OF GIFT CARDS AND PEER-TO-PEER TRANSACTION ROUTING THEREFOR - A method for peer-to-peer gift card transaction routing includes creating a record in a database corresponding to the agreement between the third party seller and the gift card provider. In response to a gift card transaction by the third party seller for a gift card issued by the gift card provider, the method includes, at the peer-to-peer gift card transaction router, receiving a gift card transaction message from the third party seller. The method includes accessing the database using information in the gift card transaction message and locating a record in the database corresponding to the agreement between the gift card provider and the third party seller. The method further includes, using information in the record, communicating notification of the gift card transaction to the gift card provider. | 06-05-2014 |
20140164235 | DYNAMIC BIN ALLOCATION FOR PAYMENT CARD TRANSACTIONS - Preauthorized payments may be made to service providers, repair shops, and even vendors serving employees on business trips through credit card processing. The approved payment amount is authorized on a virtually created payment card, which is then sent to the payee. These transactions incur interchange fees for the card processing. Therefore, unlike a check or EFT payment, the payee receives the approved payment less interchange fees. Interchange rates vary based on the payment card product offered by an issuing bank in addition to factors relating to how the payment card is processed. The current invention is a method of automatically generating a virtual payment card and/or processing the card in a manner to achieve a target interchange fee. | 06-12-2014 |
20140164236 | MOBILE COMMUNICATION DEVICE AND DATA VERIFICATION SYSTEM COMPRISING SMART CARD HAVING DOUBLE CHIPS - A mobile communication device is disclosed. The disclosed mobile communication device performs corresponding identity (ID) and data verification processing on a server through a smart chip and comprises a wireless communication unit, a smart chip, and a processing unit. The smart chip is configured to store ID verification information. The processing unit is electrically connected to the smart chip and the wireless communication unit. When the processing unit runs a transaction procedure, the processing unit accesses the ID verification information from the smart chip. The processing unit also drives the wireless communication unit to send the ID verification information to the server and requests the server to perform an ID verification procedure, so as to determine whether the transaction procedure is valid. Additionally, when the transaction procedure is invalid, the processing unit cancels the transaction procedure. | 06-12-2014 |
20140172700 | DIGITAL WALLET DEVICE FOR VIRTUAL WALLET - A reconfigurable digital wallet device such as a smart card containing a secure element and acting as an instantiation of a subset of a virtual wallet stored in the cloud. The digital wallet device is managed and synchronized with the virtual wallet in the cloud using a mobile device such as a smartphone. | 06-19-2014 |
20140172701 | Funds Transfer Using Two Dimensional Barcodes - A system and method for initiating financial transactions utilize the display of a two-dimensional barcode on a mobile electronic device. A payor enters a sequence number pertaining to a prepaid transaction into a payor device and securely transmits these data to a payor bank. The bank generates a password-protected two-dimensional barcode using the sequence number. The barcode may be a QR code. The barcode and password are separately sent to a payee device, either directly from the bank or through the payor device using wireless communications such as MMS or NFC. Once the password is entered, the payee device displays the barcode on a screen so it may be scanned by a payee bank scanner or ATM scanner or submitted to a payee's financial services organization system. Scanning or submitting the barcode initiates the financial transaction. | 06-19-2014 |
20140180917 | PREPAID VALUE ACCOUNT WITH REVERSION TO PURCHASER SYSTEMS AND METHODS - Systems, methods, and devices are described for a refundable prepaid transaction cards. The methods and systems include a prepaid transaction card funded with funds by a purchaser. Also included is an issuer. The issuer receives the funds a distributes a prepaid transaction card associated with the funds. The methods and systems also include a prepaid transaction card identifier, wherein the prepaid transaction card identifier identifies the prepaid transaction card. The issuer maintains a central computer system that stores at least one parameter entitling the purchaser to a refund of at least a portion of the funds. The methods and systems also include a cash pool, the cash pool holding at least a portion of the funds funded by the purchaser. | 06-26-2014 |
20140180918 | STORED-VALUE CARD SYSTEM - A hybrid stored-value card system is designed to support and effectively link uniquely designed physical stored-value cards with digital stored-value cards. Each physical stored-value card is preferably provided with a unique mobile link code that can be retrieved by a mobile device using automated means of data capture. The link code is transmitted to a server in direct communication with the mobile device along with certain pre-defined user information, such as the card owner name, email address and mobile number. The server utilizes the link code to create a corresponding digital stored-value card that can be downloaded and installed onto the mobile device in a format and design as specified by the card issuer. Using the user information, the server is able to maintain a direct communication path with the mobile device and thereby provide real-time notifications and updates to the card owner. | 06-26-2014 |
20140188718 | PUSHING A NEW CARD NUMBER USING A MOBILE INTERFACE - A system provides a new card number to a customer by determining that a compromise of customer information has occurred, and, in response to determining that the compromise has occurred, electronically transmit the new card number to a mobile device of the customer. The system may initiate creation of a physical card corresponding to the electronically transmitted new card number; and initiate shipping of the created physical card to a physical address of the customer. The new card number may be electronically transmitted to a mobile wallet application running on the mobile device associated with the customer. In response to determining that the compromise has occurred, the system may cancel a current card of the customer and transmit a message to the customer indicating the current card has been cancelled and indicating the new card has been transmitted or inquiring whether the customer wants the new card to be transmitted. | 07-03-2014 |
20140188719 | MULTI USER ELECTRONIC WALLET AND MANAGEMENT THEREOF - Systems and methods for sharing an e-wallet are disclosed. In some embodiments, the systems and methods may share an e-wallet among multiple users on a single device. In other embodiments, the systems and method may share an e-wallet among multiple devices and/or multiple users on multiple devices. In some instances, an remotely stored e-wallet may be used or leveraged by an e-wallet uncertified device. | 07-03-2014 |
20140188720 | METHOD AND SYSTEM FOR DOWNLOADING INFORMATION INTO A SECURE ELEMENT OF AN ELECTRONIC DEVICE - A method for downloading information from a remote server. The method includes receiving, at a portable device, banking card information for an account and storing the banking card information into a secure memory within the portable device. Responsive to the receiving, a first moblet software module automatically sends a wireless message to the remote server to inform the remote server of the banking card information being received at the portable device. The portable device may receive a second moblet software module associated with the banking card information. The portable device may subsequently execute the second moblet software module which utilizes the banking card information, wherein the first and second moblet software modules comprise device independent commands of a generic syntax and wherein further the commands are executed by a device dependent software module also resident on the portable device. | 07-03-2014 |
20140188721 | Stored-Value Card Management Method and System - A computerized system for activating, issuing and otherwise managing transactions and activities pertaining to stored-value cards over a communications network. A central information database is provided for storing stored-value cardholder and card purchaser information received directly from respective stored-value cardholders and card purchasers PCs through a universal central processor via respective communication gateways. The central processor is coupled for communication realtime to multiple unaffiliated stored-value card processing networks normally operated by respective hosts. Each network includes a stored-value card processor coupled to a stored-value card database and multiple respective merchant communication devices. The central processor is programmed for managing the activation and issuance of transactions and activities for the stored-value card through the respective unaffiliated networks. The universal central processor is programmed to issue the stored-value cards directly to the cardholder or card purchaser by download over respective communication gateways. The universal central processor is further programmed for reporting the card activations, issuances, transactions and activities to the cardholders and the merchants thereby providing a universal management system. | 07-03-2014 |
20140195422 | DIGITAL WALLET CLIENT DEVICE - A digital wallet serves as a virtual wallet for all of the credit cards of a user. The digital wallet can be extended to other types of spending cards. Spending limits can be set for individual cards, as well as global limits. The user may setup an eCard on behalf of a recipient, where the eCard has a spending limit and the master account can view eCard transactions. Digital receipt management is provided to aid a user to organize receipts. Techniques to use a temporary code to improve the security of verifying a user is also disclosed. | 07-10-2014 |
20140195423 | DIGITAL WALLET SERVER - A digital wallet serves as a virtual wallet for all of the credit cards of a user. The digital wallet can be extended to other types of spending cards. Spending limits can be set for individual cards, as well as global limits. The user may setup an eCard on behalf of a recipient, where the eCard has a spending limit and the master account can view eCard transactions. Digital receipt management is provided to aid a user to organize receipts. Techniques to use a temporary code to improve the security of verifying a user is also disclosed. | 07-10-2014 |
20140195424 | DIGITAL WALLET INCLUDING VENDING AND PAYMENT RECEIPT FUNCTIONS - A digital wallet serves as a virtual wallet for all of the credit cards of a user. The digital wallet can be extended to other types of spending cards. Spending limits can be set for individual cards, as well as global limits. The user may setup an eCard on behalf of a recipient, where the eCard has a spending limit and the master account can view eCard transactions. Digital receipt management is provided to aid a user to organize receipts. Techniques to use a temporary code to improve the security of verifying a user is also disclosed. | 07-10-2014 |
20140195425 | Systems And Methods For Proxy Card and/or Wallet Redemption Card Transactions - Systems and methods for associating a proxy card with an electronic wallet are disclosed. A computer implemented method may include receiving an authentication information of a proxy card, and associating the proxy card with an electronic wallet, wherein associating the proxy card with the electronic wallet allows secure access to the electronic wallet when the proxy card is presented at a point of sale. A system may include a proxy card comprising authentication information, and an electronic wallet associated with the proxy card, wherein the association of the electronic wallet with the proxy card allows secure access to the electronic wallet when the proxy card is presented at a point of sale. A wallet redemption card may comprise a rewriteable magnetic stripe, a smart chip, a wireless communicator operably connected to the smart chip, and an interface operably connected between the rewriteable magnetic stripe and the smart chip. | 07-10-2014 |
20140207668 | Temporary Virtual Payment Systems and Methods - Systems and methods which allow funds from one or more money transfer transactions to be delivered to a receiving party in a virtual form are provided. In some embodiments, a receiving party may receive a virtual credit card account for the money transfer amount, which can then be used to provide payment to an entity that accepts credit card transactions. In other embodiments, funds may be sent to a virtual account, such as a virtual wallet, which may be utilized to provide payments to third parties. In the event that a portion or all of the transferred funds are not utilized, embodiments may also provide for refunding the funds to the sending party. | 07-24-2014 |
20140207669 | Smart Electronic Wallet - A method for helping a consumer select an advantageous method of paying for a transaction. By providing a consumer with advantages and/or disadvantages of each payment method, the user can select a payment option while reviewing potential outcomes of the using different payment options. | 07-24-2014 |
20140207670 | Mobile Phone as Point of Sale (POS) Device - A system and method for provisioning one or more value added services to a postpaid/prepaid mobile account and/or a postpaid/prepaid mobile device using a wireless communication device as a point-of-sale device, is disclosed. | 07-24-2014 |
20140207671 | CUSTOMER RELATIONSHIP MANAGEMENT USING MOBILE DEVICE AND METHOD THEREFOR - The present invention relates to a system and method for managing customers by using a mobile device, and in particular, to a system and method for managing customers by using a mobile device for dispatching a mobile gift card to potential customers, contacting the potential customers through telemarketing, introducing a mobile homepage assigned to a customer managing company to the potential customers so as to provide various benefits, linking the mobile homepage accessed by the potential customers to the social network service (SNS) account of the customer managing company, and providing information about a terminal or the mobile homepage of the customer managing company close to the potential customers by using a location information search in real time. Accordingly, the potential customer can receive various benefits and have continuous communication so that customer management effectiveness can be maximized and a secondary promotion for the customer management company is made possible. | 07-24-2014 |
20140214662 | MMIT M-MERCHANT, M-DIASPORA, AND M-CONTENT - The present invention relates to electronic payment systems for use in paying merchants; for sending money via an electronic medium; and by those wishing to download content from a service such as a gaming or music service. This includes three different services, namely an M-Merchant service, an M-Diaspora service, and an M-Content service. | 07-31-2014 |
20140214663 | SYSTEM AND METHOD FOR LOCATION-BASED DELIVERY OF DISCOUNTED PREPAID GIFT ACCOUNTS OFFERS - Delivery of offers to sell discounted prepaid gift accounts in the secondary prepaid gift account marketplace to consumers present at retail point of sale location is disclosed. The system receives information from a mobile device while a user is at a retail location. The system communicates with a database of discounted prepaid gift accounts to identify a discounted prepaid gift account. The system sends an offer to sell a selected discounted prepaid gift account to the device while the user is at the location. If the user accepts the offer to purchase the discounted prepaid gift account, the system accepts payment from the user via the device for the prepaid gift accounts. Upon receipt of payment, the system transmits information regarding the purchased prepaid gift accounts to the device enabling the user to use the prepaid gift account to make a purchase. | 07-31-2014 |
20140214664 | PAYMENT SUPPORT METHOD AND SYSTEM - A method and a system for payment support are provided. The payment support method may include creating an account used for a payment service via a wallet server apparatus, connecting to the wallet server apparatus using the account, registering personal identification information including hardware information of a terminal device in the account, and associating at least one payment option with the personal identification information stored in the wallet server apparatus. | 07-31-2014 |
20140214665 | GENERATING A TEMPORAL PHYSICAL PAYMENT CARD - The disclosure is related to generating a temporal physical payment card with a predetermined valid period. One of virtual payment cards stored in user equipment is selected based on a selection input received from a user. Information on the selected virtual payment card is transferred to a physical dummy payment card with a predetermined valid period. | 07-31-2014 |
20140214666 | SYSTEM AND METHOD FOR MANAGING GIFTS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for processing gift transactions, related to retaining a social and gratitude-based experience surrounding giving and receiving gifts, monitoring gift recipients on-premises at merchants and providing gift-related notifications, and managing funds in a gift that the recipient does not redeem. A system configured to practice a first method receives an object associated with a gift, receives a tag associated with the object, and transmits the object to the giver. A system configured to practice a second example method uses face identification at the merchant to identify a recipient of a gift. The system can transmit a reminder to the recipient regarding the gift. In a third example method, the system creates a gift and notifies the recipient of the gift. If the recipient never redeems the gift, then the giver is not charged for the gift and no transaction occurs. | 07-31-2014 |
20140214667 | SYSTEM AND METHOD FOR CHOPPING UP AND PROCESSING GIFT CARDS - Systems, methods, and computer-readable media for chopping up a gift card/code into smaller multiple gift card/codes. The system receives a request from a user to convert a closed-loop card/code having a value amount into two different closed-loop cards/codes and divides (or “chops up”) the closed-loop card/code into a first closed-loop card/code having a first value amount and a second closed-loop card/code having a second value amount, wherein the first value amount and the second value amount add up to no more than the value amount. The system offers the first closed-loop card/code and the second closed-loop card/code to one of the user and a third party. | 07-31-2014 |
20140214668 | MOBILE COMMUNICATION DEVICE MONITORING SYSTEMS AND METHODS - Systems and methods are directed to monitoring the communications to and from a mobile communication device in accordance with one or more embodiments. For example in accordance with an embodiment, data services such as a mobile wallet on a mobile communication device may be monitored against rules stored in a central data center repository. Other data services may include all forms of communications between the mobile communication device and a third party along with changes to application or data within the mobile communication device. An alert may be provided to an administrator when unauthorized mobile wallet activity is detected and/or a message may be sent to the mobile communication device to prevent the unauthorized mobile wallet activity. | 07-31-2014 |
20140222670 | CONTACTLESS PAYMENT APPLICATION MANAGEMENT - A system and method for completing a financial transaction using contactless payment applications within a mobile device is disclosed. The mobile device may include at least one mobile payment card application and at least one mobile wallet application designed to manage one or more mobile payment card applications stored on the mobile device. Conflicts between the requirements for the mobile payment card application and the wallet application regarding activation of the contactless mobile payment card application may be resolved through the use of payment card and wallet applications stored in the handset of the mobile device, as well as card payment applications, wallet applications, and a platform specifying a framework for managing contactless applications stored in a SIM component of the mobile device. | 08-07-2014 |
20140244493 | SYSTEMS AND METHODS FOR ELECTRONIC PAYMENT INSTRUMENT REPOSITORY - Systems and methods that receive one or more images and based at least in part on the received images, identify information associated with a payment instrument. The information associated with the payment instrument may be stored in a payment instrument repository, such as an electronic wallet (eWallet), associated with a user. The eWallet may be accessed by the user to add, delete, or modify payment instruments and associated information in the eWallet. The eWallet may further be used by the use to initiate a financial transaction using one or more of the payment instruments associated with the eWallet. | 08-28-2014 |
20140244494 | METHODS AND ARRANGEMENTS FOR SMARTPHONE PAYMENTS - To make a payment, a smartphone presents artwork for a payment card (e.g., a Visa card) that has been selected by a user from a virtual wallet of such cards. Encoded in the displayed artwork is payment information that has been encrypted with a context-dependent session key. A cooperating system (e.g., a retailer's point of sale system) uses a camera to capture an image of the artwork, and independently creates the session key from its own context sensor(s), enabling decryption of the payment information. Such technology provides a superior transaction security model at a fraction of the cost of competing chip card payment systems (which require, e.g., expensive physical cards, and single-purpose reader hardware). A great variety of other features and arrangements are also detailed. | 08-28-2014 |
20140244495 | METHODS AND ARRANGEMENTS FOR SMARTPHONE PAYMENTS - To make a payment, a smartphone presents artwork for a payment card (e.g., a Visa card) that has been selected by a user from a virtual wallet of such cards. Encoded in the displayed artwork is payment information that has been encrypted with a context-dependent session key. A cooperating system (e.g., a retailer's point of sale system) uses a camera to capture an image of the artwork, and independently creates the session key from its own context sensor(s), enabling decryption of the payment information. Such technology provides a superior transaction security model at a fraction of the cost of competing chip card payment systems (which require, e.g., expensive physical cards, and single-purpose reader hardware). A great variety of other features and arrangements are also detailed. | 08-28-2014 |
20140244496 | SYSTEMS, APPARATUS AND METHODS FOR MOBILE COMPANION PREPAID CARD - Systems, apparatus and methods for providing an un-personalized and un-embossed mobile companion prepaid card to a consumer having a mobile wallet account. An embodiment includes a wallet provider computer receiving an approval request from an agent device for a mobile companion prepaid card for a consumer. The process includes the wallet provider computer determining an issuer financial institution (FI) associated with the mobile companion prepaid card, transmitting the approval request to an issuer FI processor, receiving an approval message, and transmitting the approval message and a request to a consumer's mobile device to provide cardholder verification met hod (CVM) data. The method also includes receiving and validating the CVM data, transmitting a mobile companion prepaid card activation request, receiving a confirmation message indicating activation, and transmitting a message confirming activation of the mobile companion prepaid card to the consumer's mobile device. | 08-28-2014 |
20140244497 | Systems and Methods for Performing Funds Freeze and/or Funds Seizure with Respect to Prepaid Payment Cards - Systems, mechanisms and processes are provided to allow law-enforcement officials, when encountering the potential use of prepaid payment cards in the furtherance of a crime or in relation to criminal activities, to (1) attempt to check the balances on such prepaid payment cards, including the ability to perform aggregate balance checks on a group of such prepaid cards, (2) attempt to freeze the funds on such prepaid payment cards, and/or (3) attempt to seize the funds on such prepaid payment cards. | 08-28-2014 |
20140250003 | ESTABLISHING AN ACCOUNT LIMIT FOR A DIGITAL WALLET ACCOUNT - Information is received via a wallet application on a mobile device. A verification process is performed on the information received via the wallet application. A limit is established for a user account based on an amount of the information received via the wallet application that is verified in the verification process. | 09-04-2014 |
20140250004 | Coupling Prepaid Debit Cards to Online Stored-Value Accounts - Technologies are described herein for making the value in an online-stored value account accessible through a prepaid debit card. A payment services provider may offer general-purpose reloadable (“GPR”) cards to customers that are co-managed by the payment services provider and a traditional prepaid program manager. An integration is implemented between the payment services provider system hosting the online stored-value account and the program manager system such that the balance of the funds maintained for the online stored-value account may be used for purchases made using the GPR card. | 09-04-2014 |
20140250005 | REAL-TIME MOBILE WALLET SERVER - Techniques and apparatuses for providing wallet server information to an entity using a real-time mobile wallet server (MWS) are disclosed herein. The MWS may receive a request for personal information from an entity. The MWS may then display to a user a summary of the request, a list of selections available in the wallet server that may satisfy the request, and a list of selectable response options for the user to choose to respond to the entity. In some aspects, the wallet server may store username and associated passwords, payment information, and/or contact information. In further aspects, the MWS may generate limited-use payment information associated with existing payment information. The MWS may communicate ad hoc messaging to the entity using voice-based or real-time text-based communications over an established communication link between the MWS and entity. | 09-04-2014 |
20140250006 | INTEGRATED MOBILE TRUSTED SERVICE MANAGER - Embodiments of the invention are directed to a centralized trusted service manager system in the form of a trusted service manager interconnectivity service hub, which facilitates and provides communications between entities involved in mobile contactless provisioning and payment systems. One embodiment of the present invention is directed to a method for processing a wallet request from a wallet provider associated with mobile communication device including a secure element through an interconnectivity hub. The method comprises receiving a wallet request in first protocol, determining an issuer associated with the account identifier, and obtaining application data. The method further comprises determining a trusted service manager associated with the secure element from among a plurality of trusted service manager computers using a routing table. Additionally, the method includes determining a second protocol and obtaining a secure element key for completing a request from a secure element trusted service manager using the second protocol. | 09-04-2014 |
20140258107 | GENERATING PERSONAL BANK NOTE USING READABLE INDICIA - Embodiments of the invention are directed to systems, methods and computer program products for generating a personal bank note using readable indicia for providing payment information to a merchant during a transaction with a user. Embodiments initiate generating the readable indicia on a portable hard copy, the readable indicia encoding the payment information for presentation to the merchant such that the merchant may read the readable indicia, determine the payment information stored in the readable indicia and complete the transaction using the determined payment information. Some embodiments initiate presenting a user interface for interacting with the user regarding the personal bank note; and receive, from an account owner using the user interface, and store the payment information in the memory device. Some such embodiments receive, from an account owner using the user interface, user input requesting generation of the readable indicia. | 09-11-2014 |
20140258108 | SYSTEMS AND METHODS FOR PRODUCT AUTHENTICATION AND CONSUMER RELATIONSHIP MANAGEMENT - In one aspect, processing a product authentication transaction using a transaction terminal includes reading a secure token having a data value corresponding with a product item, determining that the data value is a valid data value corresponding with the product item, and providing an indication that the product item is authentic if the data value is a valid data value corresponding to the product item. In another aspect, processing a product authentication transaction using a terminal connected to a payment network includes reading a secure token having a data value corresponding with a product item, transmitting the data value to an authentication processor, receiving an authentication response from the authentication processor, the authentication response comprising an determination that the data value is a valid data value corresponding to the product item, and providing an indication that the product item is authentic based on the authentication response. | 09-11-2014 |
20140258109 | PENDING DEPOSIT FOR PAYMENT PROCESSING SYSTEM - Depositing funds onto smart cards for use during processing of purchases. A device creates a deposit request and transmits the request to a remote system. The remote system processes the request and transmits a deposit record to the device, which in turn transmits the record to the smart card. If the device has network access, it transmits a deposit confirmation to the remote system, which updates the smart card account to include the confirmation. If the device unable to connect to the remote system, the deposit confirmation is transmitted when the smart card is involved in a future transaction. During the future transaction, the smart card transmits its transaction history, which comprises the deposit confirmation, to the device, and the device transmits the transaction history to the remote system. The remote system updates the smart card account to include the deposit confirmation. | 09-11-2014 |
20140258110 | METHODS AND ARRANGEMENTS FOR SMARTPHONE PAYMENTS AND TRANSACTIONS - The disclosure relates to a smartphone-based virtual wallet, that manages payment options available to a user. One claim recites a method employing a user's portable device, the device including a display and a sensor, the method including acts of: initiating a multi-party auction to solicit bids from a plurality of financial vendors to facilitate a financial transaction for the user, the plurality of remotely-located financial vendors being associated with the user via a virtual wallet hosted on the user's portable device; receiving bids from the plurality of financial vendors; presenting a user interface using the display, the user interface identifying at least two bids solicited from the multi-party auction; upon receiving an indication of a user-selected bid from the at least two bids, initiating a financial transaction using at least some of the details in the user selected bid and information obtained from the virtual wallet. A great variety of other features, arrangements and claims are also detailed. | 09-11-2014 |
20140258111 | PORTABLE TERMINAL, ELECTRONIC CURRENCY USAGE RESTRICTION SYSTEM, AND RECORDING MEDIUM - A portable terminal is resistant to falsification of the spending limit of user's electronic money. The portable terminal includes a spending limit storage unit that stores the spending limit of electronic currency that can be spent; a network interface that receives, through a network, spending limit update information generated by a card server according to a notice from a parent user; a spending limit update unit that, when the spending limit update information is received, updates the spending limit stored in the spending limit storage unit, according to the received spending limit update information; a near field communication interface that detects carrier waves output from a reader/writer; and a secure element unit that applies for purchase when the carrier waves are detected. After the secure element unit applies for purchase, the spending limit update unit receives, from the card server, a spending limit based on whether the card server allows payment for the applied purchase and updates the spending limit stored in the spending limit storage unit according to the received spending limit. | 09-11-2014 |
20140258112 | METHOD AND APPARATUS FOR PERFORMING ELECTRONIC TRANSACTIONS - A method for performing electronic transactions, includes receiving a primary wallet component registered in a ticket server and an additional wallet component registered to the ticket server from a first provider server, displaying the primary wallet component and the additional wallet component, if selection of the additional wallet component is detected, requesting a second provider server to issue the selected additional wallet component, receiving the additional wallet component issued by the second provider server corresponding to the requested additional wallet component, and displaying the issued additional wallet component on a touch screen. | 09-11-2014 |
20140258113 | SYSTEM AND METHOD FOR SECURED ACCOUNT NUMBERS IN PROXIMITY DEVICES - A method and system for using a secured account number for processing proximity types of wireless financial transactions associated with portable consumer proximity devices is disclosed. In one embodiment, the method includes receiving a proximity type of wireless financial transaction request along with a secured account number from a portable proximity consumer device such as a contactless smart card, converting the secured account number to the user's real account number, and transmitting the financial transaction request along with the user's real account number to the issuer of the user's real account number for authorization and processing. | 09-11-2014 |
20140258114 | PROXY CARD PROVIDING INDIRECT FUNDS ACCESS - A proxy card used at an ATM, or at any vendor store, that has a legacy point of sale unit or at a store with the smart point of sale. In general, it can be used with any vendor and otherwise as any credit or debit card might be used. The point-of sale unit interacts with a multi-source processing system (MSPS) that, instead of servicing a single money source, interacts with more than one of a plurality of monetary sources that may be associated with the proxy card. The money transferred from credit or debit accounts of the user may be either transferred directly or indirectly via a proxy central account associated with the MSPS that a user maintains. | 09-11-2014 |
20140258115 | COMMUNICATION SYSTEM AND INFORMATION PROCESSING METHOD - A network transaction server apparatus manages virtual world privilege information that is issued for a transaction that a user has conducted in a virtual world by manipulating a personal computer. A settlement server apparatus manages real world privilege information that is issued for a transaction that the user has conducted in a real world. In response to a request from the personal computer, the settlement server apparatus converts virtual world privilege information that is managed by the network transaction server apparatus into real world privilege information using a prescribed conversion factor. | 09-11-2014 |
20140279469 | SYSTEM AND METHOD FOR MOBILE TRANSACTION PAYMENTS - A method and system are disclosed for mobile transaction payments. A merchant device generates a machine-readable code containing merchant information and details of a transaction and displays this to a user device. The user device scans the code, or receives a message via NFC from the merchant device, to retrieve the transaction details and the merchant information. The user device then communicates this information, along with secure account information containing a virtual credit card or other payment type, to a merchant acquiring host, which processes the payment in association with an issuer host. Upon receipt of authorization from the issuer host, the merchant acquiring host informs both the merchant and the use of the status of the transaction. | 09-18-2014 |
20140279470 | METHODS AND SYSTEMS FOR FACILITATING AND MONITORING CHARITABLE DONATIONS BASED ON PAYMENT CARD LOYALTY CONTRIBUTIONS - A charitable donation system that facilitates and monitors charitable donation based on payment card loyalty contributions is disclosed. A simple web-based tool that allows people to join as members, authorize their loyalty contributions offered by payment card companies to be used for charitable donations, and to select which charity the member chooses to receive the loyalty contributions. The loyalty contributions are provided to the member-selected charity in the form of a pre-paid debit card which may only be used for direct, authorized purchases. The charitable donation system monitors and analyzes the charity's purchases and provides purchase information associated with the charity's purchase to the member. The charitable donation system provides a potentially, long-term stream of contributions which may continue indefinitely without further member involvement. | 09-18-2014 |
20140279471 | SINGLE PAYMENT CARD FOR FLEXIBLE PAYMENT VEHICLE OPTIONS FOR A TRANSACTION - Embodiments of the invention are directed to a system, method, or computer program product for providing a customer with a single transaction card that is tied to the customer's available payment vehicles. As such, the single transaction card may be utilized by the customer to complete a transaction with a merchant. Subsequently, based on customer rules or customer selection, the invention may direct the transaction to the selected payment vehicle. Rules include any preferences that a customer may input that allows the invention to automatically apply a single transaction card transaction to a payment vehicle. As such, rules may be trigged for a specific merchant, a specific transaction amount, a specific location, and/or the like. If a rule is triggered by a transaction made with the single transaction card, the triggered transaction will be automatically applied to the payment vehicle tied to that rule. | 09-18-2014 |
20140279472 | SYSTEM AND METHOD FOR PROCESSING FINANCIAL TRANSACTIONS USING A MOBILE DEVICE FOR PAYMENT - A method for processing a financial transaction includes: storing, in a database, a plurality of wallet data entries, wherein each wallet data entry includes at least a mobile device identifier and payment details associated with at least one payment account; receiving, by a receiving device, an authorization request for a financial transaction, wherein the authorization request includes at least a mobile device identifier and transaction data; transmitting, to a mobile computing device associated with the mobile device identifier, at least the transaction data; receiving, from the mobile computing device, an indication of a payment account for funding of the financial transaction; identifying, in the database, payment details associated with the indicated payment account in a wallet data entry including the mobile device identifier included in the authorization request; and transmitting, to an issuer associated with the indicated payment account, at least the payment details and the transaction data. | 09-18-2014 |
20140279473 | SYSTEM AND METHOD FOR AUCTIONING A FIRST-IN-WALLET PAYMENT ACCOUNT STATUS - A system and method in accordance with exemplary embodiments may include systems and methods for providing first-in-wallet payment account auctioning. In an exemplary embodiment, a method for providing first-in-wallet payment account auctioning includes, receiving, via a network, consumer preference data, current consumer financial situation data associated with a plurality of payment accounts, and account terms associated with each of the plurality of payment accounts; scoring each of the plurality of payment accounts based on the consumer preference data, the current consumer financial situation data, and the account terms and determining an optimal payment account to be the first-in-wallet account out of the plurality of payment accounts based on the scoring. | 09-18-2014 |
20140279474 | MULTI-PURSE ONE CARD TRANSACTION APPARATUSES, METHODS AND SYSTEMS - The Multi-Purse One Card Transaction Apparatuses, Methods And Systems (“MPOC”) transform purchase item information inputs via MPOC components into account payment settlement outputs. In one implementation, the MPOC may obtain purchase item information and consumer digital wallet information at a merchant terminal; obtain consumer payment account usage rules based on the consumer digital wallet information; obtain purchase item category information from the purchase item information; determine that at least one purchase item qualifies for a consumer payment account based on the consumer payment account usage rules; generate a payment authorization request message in compliance with a transaction processing format; and send the generated payment authorization request message to a financial transaction processing server. | 09-18-2014 |
20140279475 | VAULT PLATFORM METHODS, APPARATUSES AND MEDIA - A payment token request may be obtained from a customer's smartphone. A payment token associated with the customer's account may be generated and sent to the customer's smartphone. A payment request including the payment token may be obtained from a consumer engagement device (CED). Payment information associated with the customer's account may be retrieved based on the payment token. Payment for the payment request may be authorized and a payment confirmation may be sent to the CED. | 09-18-2014 |
20140279476 | Multiple Account Dynamic Card Apparatuses, Methods and Systems - The MULTIPLE ACCOUNT DYNAMIC CARD APPARATUSES, METHODS AND SYSTEMS (“MADC”) may be a flexible payment device where a first flexible layer has two sides—a back side, which includes a data varying loader element and an inner side opposite back side. The inner side may have a power source, circuit, processor, memory, and a graphics processor. An indication is obtained to display the one card account and accompanying graphics and card information and loaded onto the loader element. A display controller is also connected to the processor and controls the display. The transaction card second flexible layer has two sides, one of which is a touch e-ink display and an inner touch e-ink side. | 09-18-2014 |
20140279477 | ACCOUNT PROVISIONING AUTHENTICATION - Embodiments of the present invention are directed to methods, systems, and apparatuses for providing a secure authentication scheme for authenticating users and accounts on behalf of a service provider server computer offering services to a user. Upon determining, by the secure authentication scheme, that the user and/or account identifier associated with the user is authenticate, the service provider server computer may be provided with assurance that the user is authenticate and thereafter provide a service requested by the user. | 09-18-2014 |
20140279478 | System and Process for Conducting Multiple Transactions with a Single Card - A transaction system and process includes providing financial transactions based on a single card. The transaction system and process further including providing prepaid wireless service based on the single card and providing long-distance service based on the single card. | 09-18-2014 |
20140279479 | NFC PAIRED BLUETOOTH E-COMMERCE - A method for performing an electronic transaction over two distinct networks with a mobile wallet comprises the steps of receiving form of payment information from a mobile wallet over a first wireless network of a retail environment with a mobile device on which the mobile wallet is deployed; sending second wireless network description information of the retail environment over the first wireless network to facilitate access to the second wireless network by the mobile device, wherein the first wireless network operates within access range of the second wireless network; sending service information from a service provider associated with the retail environment over the second wireless network to request execution of a service provider-specific widget on the mobile device; and completing the electronic transaction, that was initiated by receiving the default form of payment information, by exchanging payment confirmation information over the second network via the service provider-specific widget. | 09-18-2014 |
20140289108 | System, Method, Article of Manufacture of Mixed Reality Based, Biometrically Signed Reusable Physical Financial Instrument - The present invention relates to a reusable physical financial instrument and a system and a method for enabling the financial instrument to perform multiple financial transactions. The financial instrument is capable of creating mixed reality experience when it comes in vicinity of the payor or payee device or ATM. Through the created mixed reality experience, the payor and the payee inputs payor-side and payee-side transaction and biometric data which are stored onto smart chip of the instrument and/or on Cloud Storage using cloud computing interface. The stored payor-side and payee-side transaction data are cross-validated and their biometric data is further verified against golden copy at the respective financial institutions or at the Central Authority's repositories for performing the financial transaction. Upon completing the transaction, the payor-side and the payee-side data is erased, deleted or invalidated from the smart chip, thus making the financial instrument reusable for performing another transaction. | 09-25-2014 |
20140289109 | USING BIOMETRICS WITH A DIGITAL WALLET - A system and method for using biometrics with a digital wallet is provided. A biometric input is received from a user operating a mobile device having a wallet application. In response to the biometric input satisfying a requirement, access is provided to functions of a value exchange system via the wallet application operating on the mobile device of the user. | 09-25-2014 |
20140289110 | USING TOKENS IN DIGITAL WALLET TRANSACTIONS - A system and method for facilitating a value exchange transaction are provided. A request is received from a wallet application on a mobile device of a first user. The request indicates a transfer of a value to a second user. The value is associated with a source selected from a plurality of sources associated with a user account of the first user. The plurality of values comprises monetary values and non-monetary values. A token from the wallet application is received. The transfer of the value is validated using the token. | 09-25-2014 |
20140289111 | METHODS AND SYSTEMS FOR EXCHANGING AND/OR TRANSFERRING VARIOUS FORMS OF VALUE - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user. | 09-25-2014 |
20140289112 | PORTABLE MULTIFUNCTION DEVICE WITH MULTIPLE APPLICATIONS - A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card. | 09-25-2014 |
20140297524 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR MANAGING WALLET ACTIVATION - Systems, methods, and computer program products are provided for managing activation in a mobile wallet. A wallet activation request is received from a wallet client. The wallet activation request is transmitted to a central trusted service manager (TSM). One or more push messages including activation data are received from the TSM, and the push messages are transmitted to the wallet client, in response to a second request from the wallet client while the wallet client is in an active state. | 10-02-2014 |
20140297525 | PROVIDING ESCROW SERVICE FOR DIGITAL WALLET TRANSACTIONS - A system and method for facilitating a value exchange transaction are provided. A request is received from a wallet application on a mobile device of a first user. The request indicates a transfer of a value to a second user. The value is associated with a source from a plurality of sources associated with a user account of the first user. The plurality of values comprise monetary values and non-monetary values. The value indicated in the request is transferred to an escrow account. | 10-02-2014 |
20140304154 | SYSTEM AND METHOD FOR USING A DIGITAL WALLET - A system and method for using a digital wallet are provided. A request is received from a wallet application on a mobile device of a first user. The request indicates a transfer of a value to a second user. The value is associated with a source selected from a plurality of sources associated with a user account of the first user. The plurality of sources is associated with monetary values and non-monetary values. The value indicated in the request is transferred. The source of the value is updated to reflect the transfer of the value to the second user. | 10-09-2014 |
20140324689 | SYSTEM AND METHOD FOR ELECTRONIC MONEY WITHDRAWAL - A system and method for electronic money withdrawal. This operation is implemented by a transfer of electronic money from the user electronic wallet to a money distribution authority, typically a bank. Advantageously, a strong authentication occurs previously with the bank. The transfer includes the ATM identifier. A delivery identifier is delivered to the user. The user then goes to the ATM and proceeds to the withdrawal with its GSMT id and delivery id. Accordingly a robust and reliable withdrawal is possible. It may be actually done at the ATM without the mobile device handling the electronic wallet. | 10-30-2014 |
20140324690 | SYSTEM AND METHOD FOR A SINGLE DIGITAL WALLET DYNAMIC CHECKOUT TOOL - The present system and method comprises an improved digital wallet tool. The tool can select a plurality of digital wallets to present to a user to service the transaction. In the alternative the tool can select a digital wallet to service the transaction. The tool can also present additional offers to the user based on the available digital wallets. The tool simplifies merchant integration with digital wallet providers and enhances the customer experience. | 10-30-2014 |
20140324691 | SYSTEM AND METHOD FOR PROVIDING A UNIVERSAL ELECTRONIC WALLET - A system and method for providing a universal electronic wallet is provided. In one embodiment portable electronic devices are deployed having a universal wallet application and a wallet data file associated with the application. The wallet data file is configured to maintain a plurality of different types of wallet artifacts in the form of data records, according to unique uniform resource identifiers respective to each artifact type. | 10-30-2014 |
20140330712 | System and Method For Conversion Of Initial Transaction To Final Transaction - The invention comprises a system and method for converting initial financial transactions into final financial transactions entailing lower transaction fees or which are otherwise more advantageous. According to one embodiment of the invention, a card not present (CNP) transaction is conducted for a remote consumer buying goods/services. When the consumer later arrives at a point of authentication (POA), the consumer is presented with an opportunity to have the CNP transaction effectively converted to a card present (CP) transaction using the same card instrument or a different card instrument. The merchant benefits because the transaction fees are much reduced for the CP transaction compared to the CNP transaction. The consumer may benefit from rewards/rebates or other inducements to authorizing the subsequent transaction. One preferred embodiment implements the invention in the airlines environment, wherein tickets ordered over the phone or on-line using a first CNP transaction are converted to a CP transaction when the consumer swipes his/her card at an airport kiosk card reader device. | 11-06-2014 |
20140330713 | SYSTEM AND METHOD FOR PROCESSING FINANCIAL TRANSACTIONS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for receiving data from a giver at a first time, the data being used to identify a merchant at which a gift from the giver to a recipient is redeemable. The system presents a group of merchants associated with the data to the giver, each merchant of the group of merchants offering a promotion in connection with the gift. The system receives from the giver a selection of a chosen merchant from the group of merchants, the chosen merchant having an associated promotion. The system then generates a policy comprising the gift, the chosen merchant, and the associated promotion such that upon receiving an indication of a triggering event caused by the recipient, the system can apply the gift and the associated promotion according to the policy. | 11-06-2014 |
20140337206 | Electronic Currency System - An electronic currency system having Currency Issuing Authorities that are coupled to a money generator device for generating and issuing to subscribing customers electronic currency backed by correspondent Currency Issuing Authorities and participating Financial Institutions that accept and distribute the electronic money; a plurality of devices that are used by subscribers for storing electronic money and for performing money transactions with other participants and participating Currency Issuing Authorities and Authorized Financial Institutions, for exchanging electronic money with other like transactions; and verification arrangement for maintaining the integrity of the system, and for detecting counterfeiting and tampering within the system. The electronic currency consists of data in a form suitable to be stored in a participant's data storage medium, comprising information on the currency value, authentication values, certificate chain, and identification of the participants' devices. | 11-13-2014 |
20140337207 | METHOD, DEVICE, SERVER, AND SYSTEM FOR MAKING PAYMENT WITH A MESSAGING APPLICATION ON A MOBILE DEVICE - A first aspect of the present disclosure provides a device, server and system for making a payment from a messaging application on a mobile device. A second aspect of the disclosure provides a method of associating a payer account number with a mobile device. Further provided herein is a method of performing a payment transaction from a messaging application on a mobile device, wherein the payment transaction is initiated by a message or a 2D image from an OpenID with the messaging application, a 2D image from a website, or a mobile application from the merchant. | 11-13-2014 |
20140344149 | System for Payment via Electronic Wallet - A method includes receiving a request to process, against an electronic wallet, a portion of a transaction, an electronic wallet optionally comprising a sub-wallet, the transaction processed against the wallet and/or sub-wallet. The method further includes identifying one or more electronic value tokens in the e-wallet and/or sub-wallet that, when used together, will cover the portion of the transaction. The method further includes applying the electronic value tokens to the portion of the transaction. | 11-20-2014 |
20140351121 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR MANAGING DISABLING OF SERVICES - A system, method, and computer readable storage medium for managing applications on a secure element. A request to modify the availability state of a version of a service, the availability state of the service being stored in a memory, is received. The availability state of the version of the service stored in the memory is modified in accordance with the request. More specifically, the availability state is modified to: (i) unavailable in a case where the request includes an instruction to disable the version of the service, and (ii) available in a case where the request includes an instruction to enable the version of the service. The service is associated with a secure element profile. | 11-27-2014 |
20140351122 | ELECTRONIC-MONEY MANAGEMENT DEVICE, ELECTRONIC-MONEY MANAGEMENT METHOD, ELECTRONIC-MONEY MANAGEMENT PROGRAM, AND COMPUTER-READABLE RECORDING MEDIUM CONTAINING SAID PROGRAM - An electronic money management device according to one embodiment in an electronic money system that stores a balance of electronic money owned by a user in both of a storage device not under control of the user and a storage medium held by the user includes a post-update synchronization unit that, each time the balance in the storage device is updated based on instruction information for changing the balance in the storage device, reflects a change of the balance in the storage device on the balance in the storage medium through a terminal accessible to the storage medium held by the user having the updated balance. | 11-27-2014 |
20140351123 | Using Low-Cost Tags to Facilitate Mobile Transactions - Systems, methods and computer program products for facilitating payments using low-cost barcode or RFID tags are disclosed. Such tags can be attached or affixed to physical, real-world objects thus allowing the objects to be purchased using a customer mobile device, without the need for a dedicated, on-site point-of-sale system. The tags may be constructed from paper, metal, leather, plastic or some other low-cost material. The tag allows a unique visual identifier such as a tag code to be imprinted so that it can be read using a mobile camera or other sensor enabled telephone. | 11-27-2014 |
20140358776 | RULE-BASED FUNDS ALLOCATION IN ELECTRONIC TRANSACTIONS - A computer processor is used to determine, based on funds data that specifies at least an amount of received funds and a payor associated with a transaction, whether any allocation rule among a plurality of allocation rules is applicable for allocation of the received funds. If an allocation rule is applicable for allocation of the received funds, then the allocation rule is evaluated with the funds data to identify at least one account category, wherein each account category is associated with at least one account of a payee associated with the transaction. At least a portion of the received funds is allocated to at least one of the accounts associated with the identified account category or categories. | 12-04-2014 |
20140365363 | SECURE INTEGRATIVE VAULT OF CONSUMER PAYMENT INSTRUMENTS FOR USE IN PAYMENT PROCESSING SYSTEM AND METHOD - A system and a method is provided for secure storage of consumers' credentials, financial accounts such as credit cards, debit cards, prepaid cards, checking accounts, savings accounts, proprietary gift cards, line of credit accounts, brokerage accounts, loyalty accounts, flexible spending accounts, health savings accounts, or the like, and storage of consumers' financial, legal or other important documents in an integrative vault providing payment processing access, protection, management, control and auditability over all of the consumers' payment instruments, other instruments, and important documents in a cloud based payment transaction processing environment. | 12-11-2014 |
20140365364 | METHOD OF PAYMENT FOR A PRODUCT OR A SERVICE ON A COMMERCIAL SITE THROUGH AN INTERNET CONNECTION AND A CORRESPONDING TERMINAL - The invention relates to a method of payment for a product or a service on a commercial website through an Internet connection and a terminal that is connected to the commercial website via the Internet connection, with the payment being made using at least one identifier contained in a payment card. According to the invention, the terminal comprises an interface of the NFC type that reads the aforementioned banking identifier contained in the payment card, with the payment card being of the NFC type, and the terminal having an application able to transmit the identifier to a dedicated server on a secure link which the commercial website is connected to after the identifier has been read by the terminal, with the dedicated server concatenating the payment characteristics before transmitting same to the bank site. | 12-11-2014 |
20140372298 | COMMUNICATION SYSTEM WITH DIGITAL WALLET HAVING BLANK USER CARD AND RELATED METHODS - A mobile wireless communications device may communicate with a terminal including a first NFC device, the terminal being capable of receiving data from a provisioning server. The mobile wireless communications device may include a housing, a wireless transceiver carried by the housing, a second NFC device carried by the housing, a memory carried by the housing, a display carried by the housing, and a processor carried by the housing and coupled to the wireless transceiver, the second NFC device, the memory, and the display. The processor may be configured to implement a digital wallet including user cards, receive from the terminal, via the second NEC device, a blank user card including user data fields, and fill the user data fields of the blank user card to define a completed user card and send the completed user card to the provisioning server. | 12-18-2014 |
20140372299 | MOBILE WIRELESS COMMUNICATIONS DEVICE HAVING DIGITAL WALLET WITH MULTI-MODE USER CARD AND RELATED METHODS - A mobile wireless communications device may include a housing, a wireless transceiver carried by the housing, a memory carried by the housing, a display carried by the housing, and a processor carried by the housing. The processor may be configured to implement a digital wallet including a multi-mode user card having first and second user interface modes, and selectively change the multi-mode user card from the first user interface mode to the second user interface mode based upon a current location, a current time, or a determined event. The second user interface mode may include one or more of a mapping interface mode, a survey interface mode, or a purchase interface mode. | 12-18-2014 |
20140372300 | SMART CARD ELECTRONIC WALLET SYSTEM - Methods, systems and apparatus for conducting offline transactions utilizing an electronic wallet that includes a reserve purse and a separate received purse. In an embodiment, the process includes a payment device receiving a value for use in conducting offline transactions from an issuer bank computer, and then storing the value in a reserve purse of an electronic wallet. The method also includes receiving a second value from a second payment device, and storing the second value in a received purse of the electronic wallet. The payment device is operable to transmit at least a portion of the value stored in the reserve purse to a merchant device to consummate an offline purchase transaction or to a consumer payment device to consummate an offline payment transaction. The second value can be transferred from the received purse to the reserve purse only when the payment device goes online to an issuer bank. | 12-18-2014 |
20140379569 | METHOD AND APPARATUS FOR COMBINING DIFFERENT KINDS OF WALLETS ON A MOBILE DEVICE - A method and an apparatus for combining different wallets on a mobile device are provided. The method of combining a plurality of wallet applications for a commercial transaction service using a mobile device includes acquiring wallet data including at least one of payment information or non-payment information provided by each of the plurality of wallet applications; combining the wallet data according to predetermined regulation information; and providing the combined wallet data through a combination application. | 12-25-2014 |
20140379570 | INFORMATION PROCESSING SYSTEM, MOBILE TERMINAL, INFORMATION PROCESSING METHOD, INFORMATION PROCESSING PROGRAM, AND COMPUTER-READABLE RECORDING MEDIUM CONTAINING SAID PROGRAM - Provided are a mobile terminal, information processing method, information processing program, and computer-readable recording medium storing the program whereby, when in a locked state, a specific function is unusable but another function is usable, thereby improving user convenience. When this mobile terminal is in a state where lock function is enabled, a function where a terminal function unit accesses an IC chip to perform settlement processing using electronic money is unavailable, but a function where the terminal function unit accesses the IC chip to perform auto-charge process using electronic money is available. As a result, when the mobile terminal is locked, a function to perform settlement processing as a specific function is unusable but a function to perform auto-charge process as another function is usable, thereby improving user convenience. | 12-25-2014 |
20140379571 | PRE-PAID PAYMENT INSTRUMENT PROCESSING - Methods, systems, and apparatus, including computer program products, in which a method includes attributing a value to a pre-paid payment instrument, determining an expiration time associated with the pre-paid payment instrument, and automatically return an un-used portion of value associated with the pre-paid payment instrument at the expiration time to the purchaser. | 12-25-2014 |
20150012425 | INTELLIGENT ADVICE AND PAYMENT ROUTING ENGINE - Methods, apparatus and systems include an intelligent decision engine that analyzes data associated with the payment card accounts of a consumer along with other information regarding a particular transaction, and then provides a recommendation to a cardholder concerning which payment card account(s) to use to maximize value. In an embodiment, a processor receives service call data associated with a purchase transaction, determines that a cardholder is a registered smart preferences user, and accesses smart preferences cardholder profile data. The processor then determines a recommendation of at least one payment card account to select for use in the purchase transaction, and transmits the recommendation to a device for consideration and selection of a payment card account by the cardholder. | 01-08-2015 |
20150012426 | MULTI DISPARATE GESTURE ACTIONS AND TRANSACTIONS APPARATUSES, METHODS AND SYSTEMS - The Multi Disparate Gesture Actions And Transactions Apparatuses, Methods And Systems (“MDGAAT”) transform gesture, video, and audio inputs via MDGAAT components into action, augmented reality, and transaction outputs. receiving from a wallet user multiple gesture actions within a specified temporal quantum; determining composite constituent gestures, gesture manipulated objects, and user account information from the received multiple gesture actions; determining via a processor a composite gesture action associated with the determined composite constituent gestures and gesture manipulated objects; and executing via a processor the composite gesture action to perform a transaction with a user account specified by the user account information. | 01-08-2015 |
20150012427 | Systems and Methods Related to Registration for Services - A method of associating a transaction device with a user profile on an activation computing device, the method comprising: receiving, from an issuing entity, information associated with a user profile, the user profile having been created by an issuing entity; generating, at the activation computing device, an activation code; sending the activation code to a transaction device associated with the user; receiving, from the transaction device, verification data, the verification data being associated with the activation code and the information associated with the user profile; validating, at the activation computing device, by comparing the received verification data with the generated activation code and the information associated with the user profile received from the issuing entity; and associating the transaction device with the user profile if the verification data is valid. | 01-08-2015 |
20150012428 | SMARTCARD INTERNET AUTHORIZATION SYSTEM - A system and method are disclosed for conducting electronic commerce such as a virtual purchase transaction with an on-line merchant. A user is provided with an intelligent token, such as a smart card containing a digital certificate. The intelligent token suitably authenticates with a wallet server on a network that conducts all or portions of the transaction on behalf of the user with out requiring changes to the merchant's server. The wallet server interacts with a security server of a selected financial service to provide authentication of the transaction. Upon authentication, the digital wallet pre-fills forms which are transmitted to the merchant who contacts the security server for validation of the forms and upon validation, completes the transaction with the user. | 01-08-2015 |
20150012429 | SYSTEM AND METHOD FOR SECURE CARD WITH ON-BOARD VERIFICATION - Systems and methods for secure cards with on-board verification are disclosed. In one embodiment, a transaction device associated with at least one transaction account may have a substrate comprising a display that displays an account identifier for the transaction account; a sensor that receives authentication information from a user; a processor that processes the authentication information to verify the authenticity of the user; and a communicator that communicates at least the account information, the communicator including at least one of a magnetic stripe, an electrical interface, and a wireless RF interface. The display may not display the account identifier until the user is authenticated, and the communicator may be inactive to communicate the account information until the user is authenticated. | 01-08-2015 |
20150019417 | UPDATING A DIGITAL WALLET FROM FINANCIAL ACCOUNT ISSUER - A digital wallet provider system provides an interface specification to a financial account issuer. Using the interface specification, the financial account issuer system provides user financial account information directly to the digital wallet provider system without requiring the user to enter the user's financial account information. Once the digital wallet provider system receives the user's financial account information from the financial account issuer system, the digital wallet provider system verifies the identity of the user and the completeness of the financial account information received from the financial account issuer system. The digital wallet provider then updates the user's digital wallet account, on behalf of the user, to include the user's financial account. | 01-15-2015 |
20150019418 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR ENABLING INSTRUMENT CREDENTIALS - Systems, methods, and computer program products are provided for enabling instrument credentials on a secure element. Application identifiers of credentials are stored on at least one memory. An input to an interface causes an instrument representation corresponding to a set of credentials to be displayed on the interface. The application identifier of the displayed instrument is retrieved from the memory and transmitted in a request to a secure element to enable an applet corresponding to the application identifier. A response is received indicating whether the applet corresponding to the application identifier is enabled. | 01-15-2015 |
20150019419 | INFORMATION PROCESSING SERVER, INFORMATION PROCESSING METHOD, INFORMATION PROCESSING PROGRAM PRODUCT, AND RECORDING MEDIUM ON WHICH INFORMATION PROCESSING PROGRAM PRODUCT IS RECORDED - The purpose of the present invention is to enhance user convenience by combining stored value type and server management type payment systems. A portable terminal | 01-15-2015 |
20150019420 | GUI-BASED WALLET PROGRAM FOR ONLINE TRANSACTIONS - Provided is a method and a GUI-based software application that acts as a wallet with network interconnectivity for enabling a user to securely and seamlessly conduct transactions with his or her online financial transaction program by means of a computer or a wireless handheld device without having to depend on an Internet browser. | 01-15-2015 |
20150019421 | GUI-BASED WALLET PROGRAM FOR ONLINE TRANSACTIONS - Provided is a method and a GUI-based software application that acts as a wallet with network interconnectivity for enabling a user to securely and seamlessly conduct transactions with his or her online financial transaction program by means of a computer or a wireless handheld device without having to depend on an Internet browser. | 01-15-2015 |
20150019422 | GUI-BASED WALLET PROGRAM FOR ONLINE TRANSACTIONS - Provided is a method and a GUI-based software application that acts as a wallet with network interconnectivity for enabling a user to securely and seamlessly conduct transactions with his or her online financial transaction program by means of a computer or a wireless handheld device without having to depend on an Internet browser. | 01-15-2015 |
20150026049 | Third-Party Value Added Wallet Features and interfaces Apparatuses, Methods and Systems - The THIRD-PARTY VALUE ADDED WALLET FEATURES AND INTERFACES APPARATUSES, METHODS, AND SYSTEMS (“VAW”) facilitates allowing a third party service provider to integrate with an electronic wallet to provide a value-added service to a wallet consumer. The VAW may also be configured to facilitate the creation and funding of pre-paid accounts in a consumer's virtual wallet. | 01-22-2015 |
20150026050 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR REPORTING CONTACTLESS TRANSACTION DATA - Systems, methods, and computer-program products are provided for managing contactless transaction data. A tap event is performed when a contactless communication module is communicatively coupled to a reader. A transaction identifier (ID) corresponding to the tap event is generated. First and second event data is transmitted to the reader. The first event data is associated with a first application, and the second event data is associated with a second application. First record data is generated from at least a portion of the first event data. Second record data is generated from at least a portion of the second event data. The transaction ID is assigned to each of the first record data and the second record data. The transaction ID and the first record data are transmitted to a first server. The transaction ID and the second record data are transmitted to a second server. | 01-22-2015 |
20150026051 | SYSTEM, METHOD AND ARTICLE OF MANUFACTURE FOR FACILITATING INSTANTANEOUS CASH DEPOSIT - The present disclosure relates to a financial instrument having a monetary value associated with it and a system and method for using such financial instrument. The financial instrument is generated by a bank and further issued to a retailer for further distribution. The customer who wishes to deposit a cash amount into a specific bank account in the offline environment may buy such financial instrument from the retailer's location. At the time of buying, the financial instrument is activated by the bank's server (system) upon authentication of retailer's and customer's identity. After activation, the retailer/customer may initiate the deposition of the cash amount by redeeming the financial instrument. The redemption may be carried out by various authentication techniques. Once the retailer and the customer are successfully authenticated, the cash amount is instantly deposited into the given bank account. The deposited cash amount is equivalent to the financial instrument purchased by the customer. | 01-22-2015 |
20150032614 | SYSTEM AND METHOD FOR ANALYZING ANONYMOUS PAYMENT CARD DATA - A computer-based method for associating ownership of anonymous payment cards uses a computer device including a processor in communication with a transaction database. The method includes identifying a target account number for a payment card from the transaction database, identifying a set of transaction times associated with the target account number from the transaction database, and comparing the target account number to each candidate account number of a set of candidate account numbers from the transaction database. Comparing the target account number includes identifying a first candidate set of transaction times associated with a first candidate account number of the set of candidate account numbers, comparing the target set of transaction times to the first candidate set of transaction times, and identifying the first candidate account number as a match candidate if the target set of transaction times and first candidate set of transaction times do not include overlapping transactions. | 01-29-2015 |
20150046322 | TRANSACTION PERFORMANCE - A method and apparatus are disclosed for performing a transaction at a hand held device. The method comprises the steps of accessing a virtualized operating system and Automated Teller Machine (ATM) application at a hand held device and performing a customer transaction at the hand held device using the virtualized operating system and ATM application. | 02-12-2015 |
20150046323 | METHOD AND SYSTEM FOR LOCAL EVALUATION OF COMPUTER - A method of evaluating a software status of computer equipment comprises the following steps. Firstly, a local data connection is initiated between a mobile computing device and the computing equipment to be evaluated. Following this, a transaction is performed between the mobile computing device and the computing equipment. During this transaction, information is exchanged between the mobile computing device and the computing equipment relating to a current software status of the computing equipment or a preferred software status. This allows the current software status of the computing equipment can be evaluated. Suitable mobile computing devices and computing equipment are also provided. | 02-12-2015 |
20150046324 | LOW POWER MODE FOR PAYMENT TRANSACTIONS - This application relates to systems, methods, and apparatus for using a computing device to perform payment transactions while the computing device is operating in a low power wallet mode during a low battery state of the computing device. During a low power wallet mode, various subsystems are prevented from receiving current from a battery of the computing device, while a near field communication (NFC) system of the computing device is provided with an operating current for detecting target systems. A target system and the NFC system can communicate during the low power wallet mode of the computing device, thereby allowing a user of the computing device to conduct payment transactions when the computing device is in a low power wallet mode. Such payment transactions can be useful if the user is ever stranded without enough power to fully operate the computing device and needs to pay for transportation. | 02-12-2015 |
20150052049 | SILENT SMS TRIGGERING FOR MOBILE BILLING AT A BILLING SERVER - The invention provides a method of processing transactions with a billing server, including receiving, with the billing server, a transaction request API call from a merchant computer including a msisdn, transmitting, with the billing server, a transaction request response to the merchant computer in response to the transaction request API call, including a transmission ID, receiving, with the billing server, a payment authorization text message from a consumer device at the msisdn including a transaction ID, determining, with the billing server, a match between the transaction ID in the text message with the transaction ID in the transaction request response and if a match is determined between the transaction ID's, transmitting, with the billing server, a charge request to a carrier server to charge an account on the carrier server corresponding to the msisdn. | 02-19-2015 |
20150058213 | PREVENTATIVE SECURITY FOR CREDENTIAL TRANSMISSION USING SMART CARDS - A method, smart card and electronic device which disable transmission of a credential stored on the smart card are described. In one aspect, the method includes: detecting occurrence of a predetermined trigger condition associated with a power state transition affecting the smart card storing the credential; and in response to detecting occurrence of the predetermined trigger condition, adjusting a registry to de-activate an applet associated with the credential, the registry controlling wireless transmission of the credential such that when the applet associated with the credential is de-activated, wireless transmission of that credential is prevented and when the applet associated with the credential is activated, wireless transmission of that credential is permitted. | 02-26-2015 |
20150058214 | Electronic Commerce Systems - A system for electronic commerce including electronic banking tools, products and services. The system includes customizable banking products and cards, and methods and systems for conducting financial transactions and maintaining records over the Internet. | 02-26-2015 |
20150066757 | METHOD AND SYSTEM FOR INSTANT DELIVERY OF VIRTUAL GIFT CARD ON MOBILE PLATFORM - A method for processing a gift card request includes: receiving, by a receiving device, a gift card request, wherein the gift card request includes at least a merchant identifier, a gift amount, a payment account identifier, and a recipient; processing, by a processing device, a payment transaction for the gift amount from a payment account associated with the payment account identifier to a merchant account associated with the merchant identifier; identifying, by the processing device, a gift card number; associating, in a database, the identified gift card number with the merchant identifier and the gift amount such that payment transactions involving the identified gift card number are charged to the merchant account; and transmitting, by a transmitting device, the identified gift card number to the recipient. | 03-05-2015 |
20150066758 | PAYMENT CARD SYSTEMS AND METHODS - According to some embodiments, a payment device having a first and a second account number may be provided. The first account number may be associated with a near field communication (“NFC”) feature of the payment device and the second account number may be associated with a magnetic stripe and/or a memory of the payment device. The first and second account numbers may be associated with a primary payment account of a cardholder, and at least a first authorization parameter associated with the first account number may be established. The payment device might be associated with, for example, a payment card, a payment card formed as a key fob, a mobile phone, and/or a portable computer. | 03-05-2015 |
20150066759 | METHOD AND APPARATUS FOR GAUGING NETWORK TRAFFIC FLOW FOR SOFTWARE DEFINED NETWORKS WITHIN A SOFTWARE DEFINED CLOUDd - Method and Apparatus for rapid scalable unified infrastructure system management platform are disclosed by discovery of compute nodes, network components across data centers, both public and private for a user; assessment of type, capability, VLAN, security, virtualization configuration of the discovered unified infrastructure nodes and components; configuration of nodes and components covering add, delete, modify, scale; and rapid roll out of nodes and components across data centers both public and private. | 03-05-2015 |
20150066760 | AMPLIFYING RADIO FREQUENCY SIGNALS - The present disclosure is directed to a system and method for amplifying Radio Frequency (RF) signals. In some implementations, a system includes a first interface, a second interface, secure memory, a user-interface module, a processing module, and am amplification module. The first interface connects to a microSD slot of a mobile host device. The second interface includes an internal antenna for wirelessly communicating with retail terminals. The secure memory stores user credentials and a payment application used to execute financial transactions with the retail terminals. The processing module executes the payment application using the user credentials in response to at least a transaction request received by the RF module and transmits at least one transaction response to the retail terminal based, at least in part, on the executed payment application. The amplification module connected to a lead of the antenna and is configured to amplify at least received RF signals. | 03-05-2015 |
20150073982 | ELECTRONIC WALLET FUND TRANSFER SYSTEM - Systems and methods for transferring funds to an user account include a payment service provider device receiving a request for fund transfer information for an user account from a payer device that is associated with a payer. The payment service provider device then provides a routing number that is associated with the payment service provider and a virtual account number that is associated with the user account to the payer device. The payment service provider device then receives information from a financial institution about a funds transfer to a payment service provider account that is provided to a payment service provider by the financial institution. The information about the funds transfer includes a funding amount and the virtual account number, and the payment service provider device allocates the funding amount to the user account using the virtual account number. | 03-12-2015 |
20150073983 | VIRTUAL WALLET - One variation of a method for controlling a reprogrammable payment card includes: at the payment card, establishing a wireless connection with a mobile computing device; receiving, over the wireless connection, a first magnetic sequence command corresponding to a first payment method, a first digital transaction credential corresponding to the first payment method, and a second magnetic sequence command corresponding to a second payment method; initiating a first mode; in the first mode, arming a controller within the payment card to drive a magnetic stripe emulator within the payment card according to the first magnetic sequence command; in the first mode, activating an integrated circuit within the payment card to broadcast the first digital transaction credential; and in the first mode, disabling operation of the magnetic stripe emulator and the integrated circuit in response to failure of a wireless connection with the mobile computing device. | 03-12-2015 |
20150081538 | SYSTEMS AND METHODS FOR PROVIDING SECURE DIGITAL IDENTIFICATION - Systems and methods for providing secure digital identification are described. The system comprises a mobile digital wallet installed on a NFC-enabled mobile electronic device. The mobile digital wallet is configured to receive a service provider request for personal ID information to enable the service provider to provide a service. The personal ID information is stored both in a secure element and at a secure wallet server. The system can determine a minimum-required-subset of the personal ID information necessary to satisfy the requested personal ID information and analyze whether to provide the minimum-required-subset from the secure element via the NFC transceiver or from the secure wallet server via the wireless network. The system can then cause the minimum-required-subset of the set of personal ID information to be provided to the service provider in response to the analyzing step. A method of implementing the system is also described. | 03-19-2015 |
20150081539 | INFORMATION DEVICE, MOBILE DEVICE, AND WEARABLE INFORMATION DEVICE - An information device makes a payment with a payment terminal through a contactless communication, using amount data of an electronic purse function of a mobile device. The mobile device with the electronic purse function permits the information device to be used for performing payment processing with the payment terminal, using amount data of the electronic purse function of the mobile device. A wearable information device includes an image taking unit configured to take an image of an object in the direction of line of vision of a user, and notifies the information device of the presence or absence of the information device in a taken image. The information device makes a payment with the payment terminal through a contactless communication based on the notification from the wearable information device of the presence or absence of the information device. | 03-19-2015 |
20150081540 | MOBILE WALLET PAYMENT VEHICLE PREFERENCES - In general, apparatuses, methods and computer program products for making contactless financial transactions utilizing a mobile wallet are disclosed. Particularly, a mobile wallet application is disclosed that utilizes, at least in part, user specific data to generate a payment vehicle recommendation for different transactions. The user specific data may include the active user profile, prior payment vehicle usage, user preferences for the type of transaction, user location, rewards programs associated with use of one or more payment vehicles, or the like, or combinations thereof. | 03-19-2015 |
20150088735 | CHIP CARD DEPLOYMENT DRIVEN BY TRAVEL ITINERARY METHOD AND APPARATUS - A system, method, and computer-readable storage medium to issue CHIP-enabled payment cards to cardholders based on their propensity to travel to locations where the use of CHIP is dominant. | 03-26-2015 |
20150088736 | METHOD, APPARATUS AND RECORDING MEDIUM FOR SUPPORTING ELECTRONIC PAYMENT - A method comprises receiving user payment information including a user identifier for paying for an item from a user terminal or a shop payment terminal, determining at least one payment mean available at the payment terminal based on a shop payment information database, comparing payment conditions when two or more payment means are available, and transmitting the prioritized payment means based on a result of the comparison to the user terminal or the shop payment terminal. An electronic wallet server comprises a controller configured to compare payment conditions when two or more payment means are available, and cause the transceiver to transmit prioritized payment means based on a result of the comparison to the user terminal or the shop payment terminal. | 03-26-2015 |
20150088737 | METHOD FOR ELECTRICALLY PERSONALIZING A PAYMENT CHIP AND A PAYMENT CHIP - Various embodiments provide a method for electrically personalizing a payment chip, the method comprising a. storing software onto the payment chip, the software comprising one or more parameters, the one or more parameters being configurable to define functions of the payment chip; and b. setting at least one parameter to a default value to configure at least one function of the payment chip to electrically personalize the payment chip, wherein step a. is performed by at least one entity and step b. is performed by the same at least one entity. | 03-26-2015 |
20150088738 | Transaction Systems, and Related Methods - A portable device configured to enable completion of transactions. The portable device comprises an input mechanism arranged to enable input of an identifier into the portable device, and a selection mechanism arranged to enable the user to select a payment mechanism to be associated with the identifier. The portable device further comprises a communication module arranged to transmit data relating to the identifier and the payment mechanism selection to a remote server. Completion of a subsequent transaction relating to the identifier is enabled using the selected payment mechanism. | 03-26-2015 |
20150095222 | DYNAMIC IDENTITY REPRESENTATION IN MOBILE DEVICES - A mobile device includes a memory device, a display device, and processor coupled to a secure element. The secure element is configured to provide identity data that includes both static data and dynamic data. The memory device includes a plurality of applications and is coupled to the processor. When an application in the memory device is executed it causes the processor to request identity data from secure element in order to provide a representation of the identity data via the mobile device. | 04-02-2015 |
20150095223 | ELECTRONIC PAYMENT DEVICE - An electronic payment device is disclosed which is portable and makes use of existing wireless connections for data transfer. The device described herein makes it possible to obtain information from different data sources such as credit cards with magnetic stripe. The device incorporates anti-manipulation means which detect any improper or unauthorised access to the device, so that a circuit which is connected to the central unit and powered by the system supply device or an auxiliary system is monitored to determine that the circuit is closed and not altered in any way, which would occur on attempting to access the device as the fine thread mesh comprising the flexible circuit would be affected by an unauthorized or forced access. | 04-02-2015 |
20150095224 | Customised Interaction With Computer Equipment - A method of customised interaction with computer equipment is described. The computer equipment comprises a processor, a display, a memory and a user input means. A local connection is established between mobile computing apparatus and the computer equipment. Customised interaction code is then provided from the mobile computing apparatus for storage in the memory of the computer equipment. The processor of the computer equipment then runs the customised interaction code to provide a customised user interface using the display and the user input means during the local connection between the mobile computing apparatus and the computer equipment. Suitable mobile computing apparatus is also described. | 04-02-2015 |
20150095225 | ENABLING SYNCHRONIZATION BETWEEN DISPARATE PAYMENT ACCOUNT SYSTEMS - Systems and methods that synchronize consumer accounts between disparate payment account systems. In some embodiments, a payment network receives an authorization request for a consumer transaction from a merchant acquirer processor including original payment credentials. The process includes transmitting a query to credential mapping database, receiving a response including a primary account number (PAN) and a multi-entity flag, transmitting the authorization request to an issuer financial institution (FI), receiving an approval response from the issuer FI. The process also includes routing the authorization request and the multi-entity flag to a payment gateway to forward to an appropriate stored value account (SVA) processor, receiving a disposition message indicating approval of the transaction by the SVA processor, and transmitting an authorization response to the merchant acquirer processor. | 04-02-2015 |
20150095226 | Intelligent Credit Card System - A new credit card system which enables improved reading and other operations. Reading can be done in the short edge of the credit card thereby shortening the aspect ratio and size of the card reader. The reader can be electrical, reading information via contacts, or can be optical readers. | 04-02-2015 |
20150100484 | Safety Cover Design for Financial Transaction Device - The present invention is a safety covering design for financial transaction device, simply constructing specific solid connection between boards by the pressure formed after assembly. The pressure is formed with assembly and constructing connection of units, so illegally penetration can be easily detected, because the pressure is released by disassembly as well as the connection between boards is removed. Thus, the financial transaction device of the present invention is not easy being penetrated without alarm. | 04-09-2015 |
20150100485 | BIOMETRIC CONFIRMATION FOR BANK CARD TRANSACTION - A device and method for biometric authentication of ownership of a bank card, including: (a) a smart card reader adapted to communicate with a smart chip operationally coupled to the bank card; and (b) a biometric sampler, configured to collect biometric sample data from a user of the bank card, wherein the device is configured to cross reference the collected biometric sample data with biometric reference data stored on the smart chip, and wherein a correlation between the collected biometric sample data and the biometric reference data authenticates the user as an owner of the bank card. | 04-09-2015 |
20150100486 | SYSTEM AND METHOD FOR AUTOMATICALLY ENROLLNG AN ITEM IN A VIRTUAL WALLET - Systems and methods for enrolling one or more items into a virtual wallet are provided. A transaction message for a transaction is received. The transaction message includes information associated with the one or more items and a primary payment card associated with a user. The information associated with the one or more items is enrolled into the virtual wallet associated with a user. The virtual wallet includes information associated with a primary payment account associated with the user. | 04-09-2015 |
20150100487 | MULTI FACTOR AUTHENTICATION RULE-BASED INTELLIGENT BANK CARDS - System, method, and computer program product to implement four factor authentication rule-based intelligent bank cards, by receiving valid authentication information for a card associated with an account, verifying that a captured image of a person presenting the card matches an image of an authorized user of the account, analyzing the captured image to detect an emotion of the person, and performing a predefined operation to control access to the account upon determining that the detected emotion satisfies an emotion rule associated with the account. | 04-09-2015 |
20150100488 | SYSTEM, DEVICES, AND METHOD TO AUTOMATICALLY LAUNCH AN APPLICATION ON A MOBILE COMPUTING DEVICE BASED ON A NEAR-FIELD COMMUNICATION DATA EXCHANGE - A novel system, methodology and devices to conduct financial and other transactions using a wireless device with a near-field communication (NFC) module. Credentials may be selectively issued by issuers such as credit card companies, banks, and merchants to a mobile device permitting the consumer to conduct a transaction according to the authorization given as reflected by the credential or set of credentials. Such credentials can be stored in a mobile device, and can be accessed by an RF reader when the mobile device is within a predetermined range of the RF reader and one or more messages provided from the RF reader are able to launch a wallet application and select one or more corresponding credentials to be transmitted thereto to complete the transactions. | 04-09-2015 |
20150120538 | Dynamic Card Verification Values and Credit Transactions - A system and method for providing card verification values for card-not-present transactions is described. In one example, a user's computing device stores single-use CVVs to be provided from a secure wallet. The secure wallet may be software running on the user's computing device. Alternatively, it may be an external device connectable to the user's computing device, which accesses the external device to obtain the single-use CVV. | 04-30-2015 |
20150120539 | Hacker-Resistant Balance Monitoring - Methods of and systems for securely monitoring a balance of a payment account include storing, in a first database, ledger data and storing, in a second database, wallet data. Wallet data includes a wallet balance value for the payment account. When a transaction is initiated using the payment account, an access operation is performed on the wallet table. Illicit or improper modifications can be detected by deriving a ledger comparison value from the ledger data and comparing the derived ledger comparison value to a wallet comparison value from the wallet data. | 04-30-2015 |
20150134518 | PRE-AUTHORIZED ONLINE CHECKOUT - A user establishes a digital wallet and registers with and signs in to an authorized application. The user begins a web browsing session, accesses a merchant website, and initiates a transaction using the digital wallet. The user web browser is directed to an authentication page. The user authorizes the transaction and has the option to pre-authorize the merchant for future transactions. The user is redirected to the merchant website and approves the transaction. The transaction is conducted with the virtual credit number created by the payment processing system. The user initiates a subsequent transaction. The digital wallet determines that the previous browsing session is active, the merchant is pre-authorized, and the user is logged into the authorized application. The subsequent transaction is processed without having to be authenticated by the user via the authentication page. Otherwise, the user re-authorizes the merchant via the authentication page before the subsequent transaction proceeds. | 05-14-2015 |
20150134519 | METHODS AND SYSTEMS FOR USING PHYSICAL PAYMENT CARDS IN SECURE E-COMMERCE TRANSACTIONS - Methods and systems for conducting a secure online transaction with a payment card are described. In an embodiment, a user selects a secure payment option during an online transaction which is transmitted to a merchant computer. A notification is received from the merchant computer of initiation of a secure transaction process, and then the user computer enters a secure transaction mode of operation and establishes a communication session with a payment provider device. The user computer prompts the user to present a payment card to a card reader device, reads payment card data, creates a request message, transmits the request message to a payment provider computer causing the payment provider computer to provide substitute payment card details to the merchant computer to complete the online payment transaction, and then exits the secure transaction mode. | 05-14-2015 |
20150142650 | CENTRALIZED FINANCIAL ACCOUNT MIGRATION SYSTEM - Systems and methods for migration of financial account settings are disclosed. One system includes a migration server. The migration server includes a database for tracking account settings migration including one or more switch tracking numbers associated with account migrations. The migration server further includes a web interface configured to receive from a user a switch tracking number, identification and login information associated with one or more existing financial accounts, and login information associated with a target financial account. The migration server also includes a transaction analysis module configured to parse transaction histories associated with each of the existing financial accounts to determine one or more likely automated funds transfers associated with each of the one or more existing financial accounts. The migration server further includes a migration module configured to initiate a migration of one or more likely automated funds transfers associated with each of the existing financial accounts. | 05-21-2015 |
20150142651 | INTERNET SERVICE PROVIDER (ISP) AUTHENTICATION OF eCOMMERCE TRANSACTIONS - The present disclosure provides internet service provider (ISP) authentication of eCommerce transactions, more particularly, a method and system of associating an ISP recognition identification (ID) with a cashless payment account. A system, method, and software product are provided for fraud prevention in the field of cashless payment account transactions. A computing device receives details of completed eCommerce payment transactions. A number of ISP recognition IDs are also received indicating merchant URLs of personal computing devices. A computing device then flags all received ISP recognition IDs for a time period surrounding the completed eCommerce payment transactions, and defines sets of flagged ISP recognition IDs. The sets of flagged ISP recognition IDs are then compared in generating candidate ISP recognition IDs (i.e., ISP subscriber lines), which are associated with each cashless payment account. Further iterations allow for limiting of the number of ISP recognition IDs associated with each cashless payment account. | 05-21-2015 |
20150142652 | PORTABLE TERMINAL, TERMINAL FUNCTION MANAGEMENT SYSTEM, TERMINAL FUNCTION MANAGEMENT METHOD, TERMINAL FUNCTION MANAGEMENT PROGRAM, AND COMPUTER-READABLE RECORDING MEDIUM UPON WHICH SAID PROGRAM HAS BEEN RECORDED - A portable terminal, a terminal function management system, and a terminal function management method that can prevent electronic money fraud by another person after loss or theft and readily and accurately determine the electronic money balance to be guaranteed are provided. In a portable terminal, a lock function that imposes restrictions on access to a chip storage unit that stores a value balance is enabled. It is thereby possible to prevent electronic money fraud by another person after the loss or theft of the portable terminal. Further, in the portable terminal, a value balance acquired after the lock function is enabled and before the lock function is released is stored in an electronic money server. It is thereby possible to readily and accurately determine the electronic money balance to be guaranteed which is stored the chip storage unit at the time when the loss or theft is found. | 05-21-2015 |
20150149353 | METHODS AND SYSTEMS FOR OBTAINING MERCHANT IDENTIFICATION WITHIN PAYMENT AUTHORIZATION NETWORKS - Exemplary methods and systems for enabling a multi-merchant gift card program are disclosed. In particular, the present application details exemplary methods and systems for obtaining merchant identification information associated with a merchant. Upon obtaining the merchant identification for a merchant, the present application further details exemplary methods and systems for enabling a gift card services for the merchant. | 05-28-2015 |
20150294302 | COMPUTER SERVER SYSTEMS AND METHODS FOR DEFINING TRIGGER-BASED RULE SETS FOR EVALUATING ELECTRONIC-BASED INTERACTIONS BY A USER - An offer management system is provided that evaluates conditions in relation to a gift card and triggers an action. In another example, the offer management system may be capable of evaluating attributes of a transaction using a gift card and may be capable of triggering an action. A trigger may be defined using one or more rules. For example, an administrator for a retailer may configure an offer rule in an interface of the offer management system. These rules may be evaluated in real-time, and offers made responsive to those evaluations. For example, offers may be made to a gift card recipient such as a discount on the total purchase, a dynamic addition of value to a gift card, issuance of a new gift card, or other offer. These offers may be used by a retailer to foster certain behaviors relating to gift cards. | 10-15-2015 |
20150302371 | INFORMATION DELIVERY DEVICE, INFORMATION DELIVERY METHOD, PROGRAM PRODUCT, AND RECORDING MEDIUM - An object is to provide information more suited to the needs of the user by appropriately controlling timing with which information is provided to the user and the contents of the information. An electronic money server receives log data, identifies a store ID by searching a payment terminal DB by using a payment terminal ID of the log data as a key, checks a breakdown data providing store flag of a store DB (B) by using the store ID as a key, and, if a store is not a store providing the breakdown data, identifies the location of the store by searching a store DB (A) by using the store ID as a key. The electronic money server | 10-22-2015 |
20150302387 | METHOD FOR USING A USER INTERFACE CONTROL TO TRANSFER AN ID FROM A SERVER - A method is disclosed for storing an electronic gift card (eGC) on a portable electronic device. The method includes: receiving a request for a web page hosted by a prepaid instrument provider server, the request including a uniform resource locator (URL) associated with a selected eGC stored on the server; associating with the selected eGC a unique identification code and a URL link to the selected eGC; sending the web page with a user-interface control that, when selected, causes the selected eGC to be added to an electronic passbook on the portable electronic device; responsive to selection of the user-interface control, receiving the unique identification code associated with the selected eGC; responsive to receiving the unique identification code, creating an electronic passbook file for the selected eGC; and, communicating the electronic passbook file for adding as a representation of the selected eGC to the electronic passbook. | 10-22-2015 |
20150302394 | Prepaid Card with Savings Feature - A financial account system includes a stored-value card, a first financial account directly accessible via the stored-value card and a second financial account associated with the first financial account. Funds may be transferred between the first and the second financial account. The transfers between the first and the second financial account may be automatic, recurring, or one-time events and wherein the automatic, recurring, or one-time events may be transacted regardless of a current balance of the first financial account and/or the second financial account. The balances associated with the first and/or the second financial accounts may be used to collateralize loans. | 10-22-2015 |
20150302395 | Gift Card With Balance Indicator Panels - A gift card includes a card body having a retailer's or credit card company name and logo, a pre-printed gift card account balance representing the balance on the card when initially purchased, and a user-fillable Card Balance data field which can be completed using an ordinary pencil or pen. The gift card also may be printed with one or more prompts, such as a graphic or written instruction, to provide a user with sufficient instruction to use the re-writable functionality of the present invention, and may include dollar and cents indicators to facilitate a user to write the current and updated balance clearly and accurately. | 10-22-2015 |
20150302396 | METHOD FOR SETTING TEMPORARY PAYMENT CARD AND MOBILE DEVICE APPLYING THE SAME - A method for setting a temporary payment card and a mobile device applying the same are provided. The method includes: displaying a list of mobile payment cards; setting, as a temporary payment card, a mobile payment card which is moved by a user from among the mobile payment card listed in the list; and resetting the setting of the temporary payment card when a payable time passes. Accordingly, the temporary payment card can be changed more easily and swiftly. | 10-22-2015 |
20150302398 | TOKEN MOBILE CACHING - Token mobile caching ensures mobile device integrity for token-based transactions conducted across public networks. Generating and storing a token and client device identification for the token for later access when a client device presents the token to a transaction device is an integral part of mobile token integrity. Validating both the token and identification of a mobile device from which the token is provided via a private communication channel further ensures that public network-delivered tokens have integrity as a transaction authentication instrument. | 10-22-2015 |
20150324763 | MOBILE TERMINAL, METHOD FOR CONTROLLING MOBILE TERMINAL, PROGRAM PRODUCT, AND RECORDING MEDIUM - The object of the present invention is to shorten time from when a predetermined condition is satisfied till when recharging is completed. A mobile terminal directly requests an electronic money server to perform recharging. In response to this, the electronic money server secures funds and then generates a command group for recharging. Then, the electronic money server sends, to the mobile terminal, a storage instruction by which the mobile terminal is made to store the generated command group in an IC chip. The mobile terminal then does not immediately execute the command group but temporality stores the command group into a general-purpose IC chip. In this way, a stage of preparation for recharging is completed. Then, under a certain condition (for example, by user's operation, on the side of the general-purpose IC chip, the stored command group is executed. In this way, recharging is performed, and the value balance is updated. | 11-12-2015 |
20150324786 | INSTRUMENT-BASED TRIGGER EVENTS ARCHITECTURE - A method is disclosed herein in accordance with an embodiment of the present invention. The method may include deriving at a mobile transaction platform a multi-dimensional context from one or more user transactions and determining at least one life occurrence based, at least in part, on the multi-dimensional context. The one or more user transactions may be conducted through the mobile transaction platform. The one or more user transactions may be stored on a third-party source. In an aspect, the at least one life occurrence has yet to occur. In another aspect of the invention, the life occurrence has already occurred. The multi-dimensional context may include at least one of user location information and life occurrence location information. The multi-dimensional context may include at least one of a time of life occurrence and a current time. | 11-12-2015 |
20150332247 | SYSTEM AND METHOD FOR LOADING PREPAID CARD WITH FUNDS USING A MOBILE DEVICE - A system for loading a prepaid card using a mobile device, the mobile device comprising a unique identifier stored in a data memory device of the mobile device, a card reader coupled to the mobile device, the card reader configured to read data from a data memory device of the prepaid card, a remote card loading system operating on the mobile device and configured to receive the prepaid card data from the card reader and to transmit the unique identifier, prepaid card value data and prepaid card activation data to a prepaid card management system and a loader authorization system operating on a processor and configured to receive the mobile device identification data, the prepaid card value data and the prepaid card activation data and to activate the prepaid card for use with a financial transaction processing system. | 11-19-2015 |
20150332252 | SYSTEM FOR ACTIVATION OF A DIGITAL CARD - The present invention generates a loyalty card, promotion card, membership card, stored value card, payment digital card, or a combination of them. Customers are able to visit a merchant internet site, enter their personal information and receive a digital store card specific for their mobile device and mobile operating system and the merchant. The present invention eliminates the requirement for store specific or aggregated payment and (or) loyalty mobile applications to be stored on the mobile device. | 11-19-2015 |
20150332254 | ENSURING SECURE ACCESS BY A SERVICE PROVIDER TO ONE OF A PLURALITY OF MOBILE ELECTRONIC WALLETS - Facilitating exclusive access to a workflow of a service provider via a mobile wallet interface involves, within a client runtime environment, activating through the interface a service provider-specific application so that the service provider-specific application has exclusive access to a secure electronic transaction workflow of the service provider associated with at least one of the service provider-specific application and the wallet, while being denied access by the client runtime environment to any other service provider services or resources. | 11-19-2015 |
20150339640 | PAYMENT SUPPORT METHOD AND SYSTEM - A method and a system for payment support are provided. The payment support method may include creating an account used for a payment service via a wallet server apparatus, connecting to the wallet server apparatus using the account, registering personal identification information including hardware information of a terminal device in the account, and associating at least one payment option with the personal identification information stored in the wallet server apparatus. | 11-26-2015 |
20150339642 | METHOD FOR CONTROLLING FINANCIAL CHIP OF PAYMENT DEVICE - Disclosed is a method for controlling a financial chip of a payment device, in which information for multiple cards is stored in a single USIM chip, to enable the payment device to use credit cards from multiple card companies as a payment means. The method includes: dividing storage of the memory of the financial chip into multiple sections and allocating a turn to each storage section; allocating a first turn to the first card company server and recording information on the credit card issued by the first card company server, an application for financial transactions, and an identifier for the application when the first card company server and the second card company server sequentially make a request for the record of credit card information to the financial chip; and providing card arrangement information including information on the first turn and a second turn to the second card company server. | 11-26-2015 |
20150339661 | PERFORMING TRANSACTIONS USING VIRTUAL CARD VALUES - Performing transactions using virtual card values is disclosed, including: generating a virtual card value corresponding to a transaction; sending a request to a card management server, wherein the request includes the virtual card value and a transaction amount corresponding to the transaction; receiving an indication from the card management server that the virtual card value and the transaction amount have been successfully stored; generating a merchant-related locator based at least in part on identifying information associated with a merchant server and the virtual card value; sending the merchant-related locator to a client device; and receiving, from the card management server, a request to transfer the transaction amount from a user account associated with a cardless payment server to a funds account associated with the merchant server. | 11-26-2015 |
20150339668 | VERIFIED PURCHASING - Disclosed are a system and a method for purchasing items from a merchant using a single verification action. The disclosed technique includes receiving a payment request including a communication identifier and a security code from the merchant. The payment request is generated in response to a user submitting the communication identifier and the security code that satisfy a verification criterion and the submission avoids a need for the user to provide a payment card number associated with a payment card to the merchant and the need for the user to sign in to an account to proceed with the purchase transaction. The disclosed technique uses the received information to identify a payment card and processes the payment request by initiating a transfer of a payment amount from a financial account associated with the payment card to a financial account associated with the merchant to complete the purchase transaction. | 11-26-2015 |
20150339669 | PROPRIETARY-CURRENCY MANAGEMENT DEVICE, PROPRIETARY-CURRENCY MANAGEMENT METHOD, AND PROGRAM - To increase the use of storage media associated with a proprietary currency by making it possible to safely distribute such storage media to an unspecified large number of people; also, to make it easy to for a wide variety of businesses to implement advertising campaigns using such storage media. The proprietary-currency management device in the present embodiment is provided with a validity management unit and a proprietary-currency management unit. On the basis of prescribed conditions, the validity management unit validates payments using a proprietary currency that has been associated in advance with each of one or more card media. The proprietary-currency management unit manages additions to and subtractions from the value of each of the card media with respect to the proprietary currency validated by the validity management unit. | 11-26-2015 |
20150348000 | FINANCIAL-TRANSACTION NOTIFICATIONS - To facilitate conducting a financial transaction via wireless communication between a portable electronic device (such as a smartphone) and another electronic device (such as a point-of-sale terminal), the portable electronic device may, after a final command is received from the other electronic device, determine a unique transaction identifier for the financial transaction. In particular, the final command may be specific to a payment applet, stored in a secure element in the portable electronic device, which conducts the financial transaction. The secure element may generate the unique transaction identifier based on financial-account information associated with the payment applet, which is communicated to the other electronic device. Moreover, the financial-account information may specify a financial account that is used to pay for the financial transaction. Next, the secure element may provide, to a processor in the portable electronic device, an end message for the financial transaction with the unique transaction identifier. | 12-03-2015 |
20150348011 | SMART CARD AND METHOD FOR CONTROLLING SMART CARD TRADE - A smart card and a method for controlling a smart card trade are provided. The method includes receiving a trade instruction from a card reader through an antenna; analyzing the trade instruction to obtain trade information; judging whether the trade information contains an amount; comparing the amount with a prestored first threshold if the trade information contains the amount; performing a trade operation according to the trade instruction if the amount is smaller than the first threshold; sending first comparison information to a security chip if the amount is greater than or equal to the first threshold; performing a validation operation according to the first comparison information, and sending validation success information to the chip of the smart chip by the security chip if the validation operation is successful; and performing the trade operation according to the validation success information and the trade instruction | 12-03-2015 |
20150348014 | USER INTERFACE FOR PAYMENTS - The present disclosure relates to making payments with a mobile device. In one example process, the mobile device receives and stores information for one or more payment accounts on the mobile device. The mobile device is used to make payments using the payment accounts. In some examples, authorization to proceed with a payment is performed before each purchase made by the user. The authorization process can include receiving a verification of the user, such as a fingerprint scan or passcode. In some examples, a payment account is selected from among available payment accounts. In some examples, an indication is displayed of a digital item associated with a purchased item. In some examples, a payment transaction is initiated with participants of an ongoing communication. In some examples, an application of a retailer is invoked based on the availability of the application. In some examples, a purchase recommendation is provided. | 12-03-2015 |
20150348015 | METHOD AND SYSTEM FOR TERMINAL DEVICE-BASED COMMUNICATION BETWEEN THIRD-PARTY APPLICATIONS AND AN ELECTRONIC WALLET - A method for terminal device-based communications between a third-party application and an electronic wallet includes: the third-party application setting up a connection to an Internet service; the third-party application receiving a request and setting up a communication channel between the third party application and the electronic wallet within the terminal device via the On-Device API; verifying, by the electronic wallet, an access right of the request of the third party application; the third-party application forwarding the request to the electronic wallet if the access right is approved; the electronic wallet generating a corresponding response; forwarding the response via the On-Device API to the third party application, wherein the third party application forwards the response to the Internet service. | 12-03-2015 |
20150348018 | System and Method of Registering Stored-Value Cards into Electronic Wallets - System and methods for using an electronic stored-value card are provided. A system comprises an electronic stored-value card, and a digital sticker associated with the electronic stored-value card. The digital sticker is configured to convey transaction information of the electronic stored-value card to a processor or an issuer of the electronic stored-value card. A computer implemented method comprises associating a digital sticker with an electronic stored-value card, and conveying a transaction information of the electronic stored-value card to a processor or an issuer of the electronic stored-value card. A system comprises a memory configured to display information about a stored-value card and to initiate a registration of the stored-value card into an electronic wallet. | 12-03-2015 |
20150348025 | Apparatuses and Methods for Using a Primary User Device to Provision Credentials onto a Secondary User Device - A system for provisioning credentials onto an electronic device is provided. The system may include a payment network subsystem, a service provider subsystem, a primary user device, and a secondary user device. The user may select a particular payment card to provision onto the secondary user device by providing an input at the primary user device. A broker module running on the service provider subsystem may then transfer a disabled pass to the secondary user device. Concurrently, the payment network subsystem may direct a trusted service manager module on the service provider subsystem to write credential information onto a secure element within the secondary user device. Once the secure element has been updated, the broker module may provide an activated pass to the secondary user device so that the secondary user device can be used to perform NFC-based financial transactions at a merchant terminal. | 12-03-2015 |
20150356550 | Methods and Systems for Providing Payment Cards - A system and method of activating a payment card for use by a user are provided, wherein a processor associated with a network node is operated to: receive an indication of an identity of the payment card; associate the payment card identity with a first payment rule; receive registration information pertaining to the user; and responsive to determining that the registration information meets a predefined criterion, operating the processor to associate the payment card identity with a second payment rule different to the first payment rule. | 12-10-2015 |
20150363767 | PORTABLE MULTI-FUNCTION DEVICE WITH MULTIPLE TRANSACTION ACCOUNTS - A portable multi-function device with data memory for storing a plurality of transaction applications, each of the transaction applications configured to make payment in a transaction; program storage comprising instructions to use a selected transaction application to make payment in the transaction; and processing circuitry for performing the instructions in the program storage to use the selected transaction application to execute the transaction. | 12-17-2015 |
20150371202 | CREDIT CARD SELF-PAYING SYSTEM USING MOBILE COMMUNICATIONS TERMINAL AND METHOD THEREFOR - A credit card paying method comprises the steps of: firstly designating a mobile communications terminal capable of reading the information of a credit card from the magnetic and IC chip thereof for a virtual credit card paying terminal; and directly contacting a credit card with the mobile communications terminal designated as the virtual credit card paying terminal in order to pay a bill for an online or offline purchase made by the user of the mobile communications terminal, thereby preventing the credit card information of the user from being undesirably exposed to a third party because the payment for a purchase can be made by directly contacting the credit card with the mobile communications terminal. | 12-24-2015 |
20150371220 | Dynamic Card Verification Values and Credit Transactions - A system and method for providing card verification values for card-not-present transactions is described. In one example, a user's computing device stores single-use CVVs to be provided from a secure wallet. The secure wallet may be software running on the user's computing device. Alternatively, it may be an external device connectable to the user's computing device, which accesses the external device to obtain the single-use CVV. | 12-24-2015 |
20160012406 | Recharge Method, Recharge Terminal, and Recharge Server | 01-14-2016 |
20160012419 | SYSTEMS AND METHODS FOR PROVIDING PRE-PAID MULTICARDS | 01-14-2016 |
20160012442 | NO AUTHENTICATION PAYMENT AND SEAMLESS AUTHENTICATION | 01-14-2016 |
20160012444 | DYNAMIC CARD VALIDATION | 01-14-2016 |
20160019529 | CLASSIFYING OPEN-LOOP AND CLOSED-LOOP PAYMENT CARDS BASED ON OPTICAL CHARACTER RECOGNITION - A user captures an image of a payment card via a user computing device camera. An optical character recognition system receives the payment card image from the user computing device. The system performs optical character recognition and visual object recognition algorithms on the payment card image to extract text and visual objects from the payment card image, which are used by the system to identify a payment card type. The system may categorize the payment card as an open-loop card or a closed-loop card, or as a credit card or a non-credit card. In an example embodiment, the system allows or prohibits extracted financial account information from the payment card to be saved in the digital wallet account based on the determined payment card category. In another example embodiment, the system transmits an advisement to the user based on the determined payment card category. | 01-21-2016 |
20160027000 | MOBILE ONE-TIME BANK CARD NUMBER GENERATOR FOR DIGITAL WALLET - Embodiments are directed to a mobile bank card number generator for digital wallet. Embodiments receive a request from a user to perform a transaction; in response to the request, generate a bank card number; associate the bank card number with a digital wallet running on the mobile device; and initiate communication of the bank card number. | 01-28-2016 |
20160027002 | APPARATUS AND METHOD FOR PROCESSING CARD APPLICATION IN ELECTRONIC DEVICE - An electronic device and method are disclosed herein. The electronic device includes a communication unit to communicate with an external payment device, a display unit configured to display information for a payment process to the external payment device, and a control unit including an application process module and a secure element module. The secure element module includes one or more electronic cards for performing the payment process through the communication unit, and is configured to update information for the one or more electronic cards in response to an applet update request and generate and transmit an updated applet event to the application process module after updating the information. The application process module is configured to control the display unit to display information for the one or more electronic cards, detect and transmit the applet update request to the secure element module, and update an application in response to receiving the transmitted updated applet event. | 01-28-2016 |
20160034867 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS WHICH HIDE SOME GIFT CARD DATA - Disclosed herein is a method for enabling gift card recipients to redeem gift card amounts using existing payment accounts. A method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. A notification is sent to the recipient that hides a parameter of the policy. When the recipient takes an action associated with the parameter, the parameter is revealed to the recipient. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. | 02-04-2016 |
20160042326 | PROPRIETARY-CURRENCY MANAGEMENT DEVICE, PROPRIETARY-CURRENCY MANAGEMENT METHOD, AND PROGRAM - The objective of the present invention is to enable the equivalent value for products and services to be paid by means of corporate currency in every country in the world. A variable setting unit ( | 02-11-2016 |
20160042333 | SMART TICKETING IN FARE COLLECTION SYSTEMS - Systems and techniques are presented for processing a user through an entry location using a mobile device. User input is received indicating a request for access through the entry location. In response to receiving the user input, one or more images are captured and analyzed. A code is identified in the images based on the analysis and the code is translated to a code identifier. The code identifier uniquely identifies the code from several codes. A gate entry device is selected based on the code identifier from several gate entry devices. Further, a signal is transmitted to the gate entry device to grant access through the entry location. | 02-11-2016 |
20160042344 | METHOD AND SYSTEM FOR FACILITATING ONLINE AND OFFLINE FINANCIAL TRANSACTIONS - Exemplary embodiments of the present disclosure are directed towards a system and method for facilitating online and offline financial transactions using the digital wallets. The method includes receiving a request of a user by a wallet service providing platform for creating a primary digital wallet, determining the authenticity of the credentials provided by the user for associating the financial account of the user with the primary digital wallet, transmitting a message to the data communication device to activate the primary digital wallet and for successful association of the base financial account. The method further includes allowing the user to top-up the primary digital wallet with a predetermined amount by transferring a balance available in the source financial account and to create one or more secondary digital wallets linked to the primary digital wallet to be used by the user specified affiliates. | 02-11-2016 |
20160055481 | Categorized Virtual Currency Tracking, Purchasing, and Redemption Systems, and Method of Use and Doing Business - A categorized virtual currency tracking, purchasing, and redemption system, method of use, and method of doing business. The method includes providing an automated wallet interface over a communication network, receiving payments from a user for bought-coin virtual currency, providing a tally of the user's bought-coin virtual currency, providing a game in response to a request from the user, providing a tally of any earned-coin virtual currency acquired in the game, debiting at least one of the tallies of bought-coin and earned-coin virtual currency for any payment for the game, and providing through the automated wallet interface a combined tally of the first user's bought-coin and earned-coin virtual currencies. | 02-25-2016 |
20160055483 | USING A MOBILE WALLET INFRASTRUCTURE TO SUPPORT MULTIPLE MOBILE WALLET PROVIDERS - Embodiments are directed to performing a transaction using a third party mobile wallet, performing a transaction using a third party point of sale (POS) system and to making a purchase from a third party mobile wallet provided by a third party mobile wallet provider. In one scenario, a cloud-based transaction platform is provided, which receives communication from an agent terminal over a communication channel connected to the cloud-based transaction platform. The agent communication indicates that a customer desires to perform a mobile wallet transaction using their third party mobile wallet. The cloud-based transaction platform sends the agent communication to a third party mobile wallet platform, receives communication from the third party mobile wallet platform confirming processing of the transaction, and sends communication to the agent terminal over a communication channel connected to the cloud-based transaction platform, where the communication indicates confirmation of the processing of the transaction. | 02-25-2016 |
20160063483 | MERCHANT CARD EXCHANGE FACILITATOR SYSTEM - Systems and methods are provided for managing authorization and device configuration to facilitate the usage, sale and transfer of merchant cards in various manners that enable one or more authorized users to store information representative of one or more of such merchant cards in a user-specific mobile electronic wallet. | 03-03-2016 |
20160063484 | AUGMENTED REALITY CARD ACTIVATION - Systems and methods are provided for activating a card using augmented reality. The systems and methods may include capturing a real-time image of the card using a customer device, and extracting card information from the real-time image. The card information may be processed and used by a customer device or a financial provider server to activate the card. The customer device may display interactive graphics overlaid on the real-time card image to guide the customer through the activation process, and to educate the customer about the components of the card and aspects of the financial service associated with the card, such as a credit card service. The customer may interact with the overlaid graphics such as by selecting icons or portions of the card to trigger tutorials or to set preferences related to the card and/or financial service. | 03-03-2016 |
20160063485 | COMPONENTS FOR ENHANCING OR AUGMENTING WEARABLE ACCESSORIES BY ADDING ELECTRONICS THERETO - A system and device for adding electronics to materials of a wallet to form a smart wallet. A smart wallet stows and retrieves information stored or displayed on various transaction cards and other information typically carried within the wallet. Electronic and physical features of a smart wallet include devices and techniques for attaching electronics to accessories, and also for attaching accessories, to primary devices to form a smart wallet. The user can then interact with the smart wallet and its cards, information and accessories using an interface that governs that interaction while retaining the security of the information. Mechanical features include techniques for integrating electronics within materials to add electronic functionality to make any device a smart wallet. Several accessory styles and devices for attaching same to electronics are also disclosed. | 03-03-2016 |
20160071075 | Systems and Methods for Transferring Value to Payment Accounts - Systems and methods are provided for transferring value from to a payment account associated with a virtual wallet of a consumer. The value can be transferred using voucher-based transactions or cash-based transactions. One exemplary method includes receiving, at a computing device, a load request to transfer value to a payment account associated with a consumer. The load request includes the value to be transferred and a directory number for a mobile device associated with the consumer. The method also includes determining an account number for the consumer's payment account, at the computing device, based on the directory number for the consumer's mobile device and generating, by the computing device, a request indicating the value to transfer to the payment account and the account number for the consumer's payment account. | 03-10-2016 |
20160078428 | PAIRING ELECTRONIC WALLET WITH SPECIFIED MERCHANTS - A system and method for facilitating use of a digital electronic wallet by a cardholder for cashless transactions. The method comprises receiving a selection by a first cardholder to pair a first digital wallet held by a first wallet holder with a first merchant, the first digital wallet having therein an electronic representation of at least one payment device usable to fund a cashless transaction, and verifying the cardholder's identity. Thereafter, facilitating a communication between the first cardholder and the first wallet holder to record consent by the first cardholder to share wallet information with the first merchant. The present disclosure further comprises receiving from the first wallet holder authorization to generate a wallet token usable for acquiring wallet information on behalf of the first merchant, using the first digital wallet as selected by the first cardholder, and preparing a merchant token corresponding to the wallet token. The merchant token is provided to the first merchant, for presentation to access wallet information, including payment card information on a cashless transaction. | 03-17-2016 |
20160086153 | MOBILE PAYMENT SYSTEMS AND METHODS - A method includes providing a first payment account that is issued by a first financial institution and enables an accountholder thereof to make payments at merchants via a closed-loop payments network corresponding to the first financial institution and mobile person-to-person payments using the payment account. The method includes enabling a second payment account that is issued by a second financial institution to be electronically linked to the first payment account and used as a source of funds. The method includes providing a mobile operating system and enabling a plurality of merchant-specific payment accounts to be associated with a mobile communications device having the operating system. The method includes determining whether a merchant-specific payment account that is accepted only by a particular merchant is available to the accountholder via the mobile communications device and receiving a fee when the first payment account is used for a purchase. | 03-24-2016 |
20160086160 | MESSAGE HANDLING AT A MOBILE GATEWAY FOR MANAGING DATA STRUCTURES AND SUB-STRUCTURES - Users of mobile devices communicate through a mobile gateway to a transaction processing system. The transaction processing system manages accounts, such as debit card accounts, for the users. The accounts include a main account for each user and sub accounts that are linked or related to the main account. Funds may be transferred between a main account and its linked sub accounts, including automatic funds transfer when a transaction (e.g., a payroll deposit from an employer or a debit transaction at a specified retailer) is made against the main account and meets certain parameters established by a user. Access to linked sub accounts is made through use of internal account IDs, rather than the account number of the main account. | 03-24-2016 |
20160086167 | SYSTEM AND METHOD FOR ADMINISTERING A VALUE VAULT - A system and method for administering a value vault is described herein. In one embodiment, the system includes a communication interface; a database having stored therein information regarding a plurality of value programs associated with a plurality of merchants; and a system configured to receive a request from one of the plurality of merchants via the communication interface, and make available at least one or more of the value programs associated with the merchants to obtain the item. | 03-24-2016 |
20160092866 | PROVIDING FRICTIONLESS PUSH PAYMENTS - A computer system is provided which determines that a mobile device associated with an identified customer is within a seller's store. The computer system further receives transaction information from a mobile wallet application associated with the customer which includes an indication of items that are to be purchased, an indication of the amount that is to be paid, and an indication that payment is to be made from a stored value account (SVA) associated with the customer. The computer system determines, based on the customer's identity, current location, and the received transaction information, that the customer has approved the transaction, processes the transaction using the customer's SVA, provides a credit to the seller in the amount debited from the customer's SVA and generates an electronic receipt for the customer, notifying the customer that the seller has received the specified amount of money from the customer's SVA. | 03-31-2016 |
20160092867 | SYSTEMS AND METHODS FOR ADMINISTERING MOBILE APPLICATIONS USING PRE-LOADED TOKENS - The disclosed embodiments include computerized methods and systems that administer mobile application programs using tokens “pre-loaded” with data. For example, the disclosed embodiments may adaptively identify and pre-load mobile wallets with loyalty products of potential interest to customers. In one aspect, the disclosed embodiments may identify one or more loyalty products that may be of potential interest to a user, and further, that may be missing from the user's mobile wallet. The disclosed embodiments may determine that the user fails to hold a corresponding one of the missing loyalty products, and may transmit user information to an issuer system as a request to acquire the corresponding missing loyalty product from an issuer. Upon receipt of information confirming the acquisition of the corresponding missing loyalty product, the disclosed embodiments may generate a token based on the newly-acquired loyalty product and push the token to a user device. | 03-31-2016 |
20160092868 | SYSTEMS AND METHODS FOR GENERATING AND ADMINISTERING MOBILE APPLICATIONS USING PRE-LOADED TOKENS - The disclosed embodiments include computerized methods and systems that provide mobile application programs to devices of users and that administer these mobile application programs using tokens “pre-loaded” with data. In one aspect, the disclosed embodiments may generate a mobile payment product, such as a mobile wallet, that is “pre-loaded” with eligible financial products. For example, the disclosed embodiments may receive a request from a user device to obtain an application program that administers the mobile wallet, and in response to the received request, may obtain information identifying one or more financial products eligible for inclusion in the mobile wallet. The disclosed embodiments may generate a mobile wallet token based on the eligible financial product information and store the mobile wallet token in cloud-based storage. The user device may, upon authenticating the user, obtain the mobile wallet token and provision the mobile wallet with the eligible financial products. | 03-31-2016 |
20160092869 | SYSTEMS AND METHODS FOR ADMINISTERING MOBILE APPLICATIONS USING PRE-LOADED TOKENS - The disclosed embodiments include computerized methods and systems that enable users to delegate a functionality of a mobile application through pre-loaded tokens. In one aspect, the disclosed embodiments may temporarily delegate or “loan” financial products loaded into a mobile wallet of a user to other eligible users. For example, the disclosed embodiments may receive, from a first user, a request to delegate a financial product to a second user to complete purchase transactions. In response to the received request, the disclosed embodiments may identify one or more temporal or financial conditions on the delegation, and may generate a corresponding mobile wallet token for transmission to a second user device. The second user device may, for example, process the mobile wallet token and establish the delegated financial provide in the second user's mobile wallet in accordance with the at least one of the temporal or financial conditions. | 03-31-2016 |
20160098705 | CREDIT CARD WITH BUILT-IN SENSOR FOR FRAUD DETECTION - A card includes a sensor system for fraud detection. A method of fraud detection includes flagging suspicious activity on a transaction card and prompting a user to take a self-image or a voice recording with the credit card. | 04-07-2016 |
20160098706 | METHOD AND APPARATUS FOR CONDUCTING FUND TRANSFER BETWEEN TWO ENTITIES AND ITS APPLICATION AS A CELL PHONE WALLET - A process of transferring funds between two entities or persons is described; the process includes transferring funds from person A to-person B and reversing the process allowing refunds. The processes are performed through a Universal Vendor Management Server (UVM) where both entities A and B are registered and have opened UVM accounts. The funds transfer and refund processes permit the transfer of funds between the respective accounts and the charging of service fees to the entity initiating the transfer or refund process. No third party other than the UVM operator is involved in the transactions such as banks, credit card companies, and the like. The funds transfer may be achieved utilizing a cell phone to make a purchase at a participating vendor. A person enters an amount of payment in the cell phone; the amount is subtracted from the purchasers account and added to the account of the vendor. | 04-07-2016 |
20160104136 | METHOD AND APPARATUS FOR PROVIDING REAL TIME MUTABLE CREDIT CARD INFORMATION AND FOR PROVIDING TIMESTAMP FUNCTIONALITY - A method for using a smartcard is provided. The smartcard may include a microprocessor chip, a button, a dynamic transaction authorization number, a Bluetooth low energy (“BLE”) device. The smartcard may also include a battery. The battery may be configured to power the BLE and the microprocessor chip. The smartcard may also include memory. The memory may be configured to store the dynamic transaction authorization number. The smartcard may also include a dynamic magnetic strip. The dynamic magnetic strip may include a digital representation of the dynamic transaction authorization number. The method for using a smartcard may include pressing the button. The method may also include transmitting an instruction to a smartphone for a request for a dynamic transaction authorization number. The transmission of an instruction may be in response the pressing of the button. The method may also include receiving a dynamic transaction authorization number from a smartphone. | 04-14-2016 |
20160104145 | SECURE VOICE TRANSACTIONS - A method of facilitating a transaction during a voice call between a caller or callee and an agent, for example for a merchant or organisation, the method comprising: activating a secure mode of a call processor adapted to prevent sensitive information relating to the transaction provided by the caller from reaching or being accessible by the agent; transmitting a notification that the secure mode has been activated to an electronic wallet accessible by the caller in which the sensitive information is stored; and processing the transaction in dependence on or using the sensitive information received from the electronic wallet; wherein the notification is transmitted to the electronic wallet via the voice call. | 04-14-2016 |
20160104148 | COMMUNICATION SYSTEM, A METHOD OF INITIATING A TRANSACTION, A BASE STATION AND A TRANSPONDER - A communication system for initiating a transaction between a first communication device and a second communication device is disclosed. In an embodiment, one the first and second communication devices generates a transaction initiation code and transmits the transaction initiation code to the other one of the first and second communication devices and at least one of the first and second communication devices outputs output information based on the transaction initiation code to a user. One of the first and second communication devices receives user information from the user, and for initiates the transaction between the first and the second communication device if compatibility is discovered between the transaction initiation code and the user information. | 04-14-2016 |
20160104150 | METHOD AND APPARATUS FOR PROVIDING REAL TIME MUTABLE CREDIT CARD INFORMATION AND FOR PROVIDING SLEEP MODE FUNCTIONALITY - A method for using a smartcard is provided. The smartcard may include a microprocessor chip, a button, a dynamic transaction authorization number, a Bluetooth low energy (“BLE”) device. The smartcard may also include a battery. The battery may be configured to power the BLE and the microprocessor chip. The smartcard may also include memory. The memory may be configured to store the dynamic transaction authorization number. The smartcard may also include a dynamic magnetic strip. The dynamic magnetic strip may include a digital representation of the dynamic transaction authorization number. The method for using a smartcard may include pressing the button. The method may also include transmitting an instruction to a smartphone for a request for a dynamic transaction authorization number. The transmission of an instruction may be in response the pressing of the button. The method may also include receiving a dynamic transaction authorization number from a smartphone. | 04-14-2016 |
20160104151 | SYSTEMS AND DEVICES FOR WIRELESS CHARGING OF A POWERED TRANSACTION CARD AND EMBEDDING ELECTRONICS IN A WEARABLE ACCESSORY - A system and device to add electronics to materials to form a smart wallet. An electronic wallet (also referred to as a smart wallet) stows and retrieves financial as well as personal information such as credit cards, debit cards, identification, coupons, and the like. Electrical features include techniques and elements for a user to interact with the smart wallet via an interface that governs interaction, for securing information in the smart wallet, and for charging a power source on a powered transaction card. Mechanical features of the electronic wallet include techniques for integrating electronics within wallets to add electronic wallet functionality. Several accessory styles are also disclosed. | 04-14-2016 |
20160104158 | METHOD AND APPARATUS FOR PROVIDING REAL TIME MUTABLE CREDIT CARD INFORMATION WITH FUTURE TIMESTAMP FUNCTIONALITY - A method for using a smartcard is provided. The smartcard may include a microprocessor chip, a button, a dynamic transaction authorization number, a Bluetooth low energy (“BLE”) device. The smartcard may also include a battery. The battery may be configured to power the BLE and the microprocessor chip. The smartcard may also include memory. The memory may be configured to store the dynamic transaction authorization number. The smartcard may also include a dynamic magnetic strip. The dynamic magnetic strip may include a digital representation of the dynamic transaction authorization number. The method for using a smartcard may include pressing the button. The method may also include transmitting an instruction to a smartphone for a request for a dynamic transaction authorization number. The transmission of an instruction may be in response the pressing of the button. The method may also include receiving a dynamic transaction authorization number from a smartphone. | 04-14-2016 |
20160117671 | SYSTEM AND METHOD FOR PROTECTING ELECTRONIC MONEY TRANSACTIONS - Disclosed are systems and methods for protecting electronic money transactions from fraud and malware. An exemplary method include scanning a computer to detect software objects associated with electronic money that includes at least one of a wallet configured to store electronic money, an electronic money generating application, and data including an interaction history with an electronic exchange for electronic money; identifying and adjusting electronic money security modules configured to provide data security to the detected software objects associated with the electronic money; and executing, by the adjusted electronic money security modules, at least one electronic money transaction involving the electronic money. In one aspect, the electronic money security modules include a wallet protection module, a malware detection module, and a traffic control module. | 04-28-2016 |
20160125386 | MULTI-TIERED SECURE MOBILE TRANSACTIONS ENABLING PLATFORM - A system for enabling mobile transactions by service provider applications consuming wallet functions and wallet functions using services of service provider applications includes a multi-tiered electronic mobile transaction platform having a plurality of wallet functions, a plurality of service provider applications, and a plurality of interfaces through which wallet functions and service provider applications interact to enable mobile transactions. The platform also includes a personalization interface of the platform through which a service provider can configure service provider applications that consume a portion of the wallet functions and an enabling interface of the platform through which the wallet functions access the services of the service provider applications. The platform also includes a service interface of the platform through which the service provider applications consume the services of the wallet functions. | 05-05-2016 |
20160125392 | INFORMATION PROCESSING SYSTEM, INFORMATION PROCESSING DEVICE, INFORMATION PROCESSING METHOD, AND INFORMATION RECORDING MEDIUM - An information processing system, an information processing apparatus, an information processing method, and an information record medium that are controlled to generate an operation effect sound that differs for each user of a card upon an operation for electronic money are provided. A card | 05-05-2016 |
20160125394 | MOBILE WALLET AS PROVIDER OF SERVICES CONSUMED BY SERVICE PROVIDER APPLICATIONS - A system for supporting transactions by mobile devices includes a mobile transaction platform server hosting and managing a plurality of wallet services and at least one interface by which a service provider may discover and access the wallet services to build and distribute at least one wallet service to a services ecosystem, wherein the at least one wallet service enables implementation of a mobile transaction according to a template. | 05-05-2016 |
20160125395 | SYSTEM AND METHOD FOR FACILITATING TRANSACTIONS - A system or method for facilitating transaction comprising a host network comprising at least one subscriber account, the at least one subscriber account having: a first electronic wallet for performing specific transactions with a selected institution; a second electronic wallet for performing other types of transactions; and a settlement facility coupled to the host network for performing the transactions, the settlement facility operable to settle and reconcile the transactions, the settlement facility further comprises at least one processor which, on receipt of a request for transaction, determine the type of transaction and debit from the first or second electronic wallet. | 05-05-2016 |
20160132861 | METHOD, DEVICE AND SECURE ELEMENT FOR CONDUCTING A SECURED FINANCIAL TRANSACTION ON A DEVICE - A device and a secure element for conducting a secured financial transaction are disclosed. The device comprises a central processing unit; a communication interface for establishing a communication between the device and a financial institution related to a financial account; an interface for acquiring data relating to the financial account; the secure element for processing at least a portion of the data relating to the financial account acquired by the interface; and control logic for acquiring a purchase amount to be debited from the financial account and for obtaining a transaction authorization from the financial institution related to the financial account, the transaction authorization being based, at least partially, on data processed solely by the secure element independently of data processed by the central processing unit. A method of conducting the secured financial transaction, and a computer program product for execution by the secure element are also disclosed. | 05-12-2016 |
20160148190 | MULTI-FUNCTIONAL CREDIT CARD TYPE PORTABLE ELECTRONIC DEVICE - An embodiment includes a credit card device capable of generating a programmed magnetic field of alternating polarity based on a speed of a card swipe, and methods for constructing the device for the purpose of emulating a standard credit card. An apparatus is described to allow said device to emulate behavior of a credit card when used in electronic credit card readers. Additionally methods are described to allow user control of said device for the purpose of authorizing or controlling use of said device in the application of credit, debit and cash transactions, including cryptocurrency and card-to-card transactions. Methods are also described for generating a limited-duration credit card number when performing a transaction for the purpose of creating a limited-use credit card number, which is limited in scope of use to a predetermined number of authorized transactions. Furthermore said device may interact with other similar devices in proximity for the purpose of funds or credit/debit transfers. | 05-26-2016 |
20160148196 | MODULAR DEVICE PAYMENT SYSTEM - A modular device payment module includes a chassis. A modular device connector is located on the chassis. A payment module database in the chassis stores funding source information and security information. A payment module engine in the chassis determines that the modular device connector has been connected to a modular device frame of a modular device, and retrieves modular device identifying information from the modular device. The payment module then determines that the modular device identifying information matches an authorized modular device identified by the security information in the payment module database and, in response, enables the transmission of at least some of the funding source information from the payment module database to conduct a payment transaction. | 05-26-2016 |
20160155111 | METHOD FOR SECURING A VALIDATION STEP OF AN ONLINE TRANSACTION | 06-02-2016 |
20160162880 | PORTABLE INFORMATION PROCESSING DEVICE, SETTLEMENT SYSTEM, RECORDING MEDIUM, AND INFORMATION PROCESSING METHOD - A device of an example is a portable information processing device performing settlement processing concerning purchase of a merchandise article or a right in cooperation with a given server, comprising: a non-contact communication unit performing non-contact communication with a data storage medium; a data acquisition unit acquiring data stored in the data storage medium, through the non-contact communication unit as a part of the settlement processing; a settlement processing unit performing settlement based on the data acquired by the data acquisition unit, in cooperation with the server, as a part of the settlement processing; a detection unit detecting at least one of attitude, movement, and a placement state of the own device; and a restriction unit acquiring a detection result from the detection unit and then, when the detection result does not satisfy a given condition, restricting performing of at least a part of the settlement processing. | 06-09-2016 |
20160162881 | PROCESSING DATA ON SMARTCARD - An example relates to a method for processing data an on smartcard comprising: (i) obtaining a message; (ii) searching for a rule in at least one file of the smartcard based on the message; and (iii) in case the rule was found, executing the rule. | 06-09-2016 |
20160162882 | Digital money choice and eWallet selection - Methods and systems for facilitating a choice by a consumer of one of a plurality of eWallets from an eWallet entity or from an eWallet provider and/or choice of a particular digital money from a plurality of virtual currency providers, with or without choice of taxing or fee country or jurisdiction for doing the transaction, with or without choice of a shipment entity for the shipment of good(s); and, in certain aspects, each eWallet provider and/or digital money provider able to access a master account of a consumer and/or digital money account(s) of the consumer; and in certain such methods, multiple entities bidding regarding price and/or incentive(s) in order to influence the consumer to choose a particular eWallet and/or a particular digital money to effect a transaction, e.g., a sales or rental transaction or a transaction for services; and such methods in which a consumer's multi-card is used. Methods and systems for funding an account, in one aspect, a pension account, insurance account, or college fund; and computer applications for effecting such funding; in certain aspects using an electronic wallet and/or a chosen digital money. Methods and systems for providing a GIFTSURANCE (trademark) insurance policy to a person or persons; and, in certain aspects, a computer application for funding such a GIFTSURANCE (trademark) policy. This abstract is provided to comply with the rules requiring an abstract which will allow a searcher or other reader to quickly ascertain the subject matter of the technical disclosure and is submitted with the understanding that it will not be used to interpret or limit the scope or meaning of the claims, 37 C.F.R. 1.72(b). | 06-09-2016 |
20160162887 | MOBILE ONE-TIME CARD NUMBER GENERATOR FOR ATM USAGE - Embodiments are directed to a mobile bank card number generator for digital wallet. Embodiments receive a request from a user to perform an ATM transaction on an account owned by the user; in response to the request to perform an ATM transaction, generate a one-time bank card number associated with the account owned by the user; generate a readable indicia based at least in part on the one-time bank card number; and initiate communication of the readable indicia to an ATM, wherein the ATM receives a user authentication credential from the user, a bank system validates the user authentication credential and in response to validating the user authentication credential, approves the ATM transaction for the user's account. | 06-09-2016 |
20160171361 | ANTI-SKIMMING PAYMENT CARD | 06-16-2016 |
20160171484 | WEARABLE DEVICE AND DATA INTERACTION METHOD THAT IS BASED ON SAID WEARABLE DEVICE | 06-16-2016 |
20160171485 | SETTLEMENT SYSTEM, SERVER DEVICE, TERMINAL DEVICE, METHOD AND PROGRAM | 06-16-2016 |
20160171487 | SYSTEM AND METHOD FOR PRE-PROVISIONED WEARABLE CONTACTLESS PAYMENTS | 06-16-2016 |
20160180306 | SYSTEM, METHOD, AND APPARATUS FOR REPROGRAMMING A TRANSACTION CARD | 06-23-2016 |
20160180332 | Attribute-Based Card Combinations for Digital Wallets | 06-23-2016 |
20160180333 | SINGLE SIGN-ON USING A SECURE AUTHENTICATION SYSTEM | 06-23-2016 |
20160189118 | Electronic Commerce Systems - A system for electronic commerce including electronic banking tools, products and services. The system includes customizable banking products and cards, and methods and systems for conducting financial transactions and maintaining records over the Internet. | 06-30-2016 |
20160189138 | ALTERNATIVE ACCOUNT IDENTIFIER - Payment instrument data is received in connection with a transaction, the data including an alternative primary account number (PAN) and an account identifier. A permanent PAN of an account is identified that is based on the account identifier. An alternative PAN associated with the permanent PAN is derived to determine whether the received alternative PAN matches the derived alternative PAN associated with the permanent PAN. | 06-30-2016 |
20160189143 | SYSTEM, METHOD, AND APPARATUS FOR LOCATING A BLUETOOTH ENABLED TRANSACTION CARD - A system for transmitting and receiving proximity data associated with a transaction card may include a Bluetooth-enabled microchip transaction card, an account provider system, and a mobile device. When a user device and a card are paired, the user device may receive a notification when the card is outside of a specified distance from the user device. A user device may be connected to a Bluetooth mesh network, connecting the user device to a number of Bluetooth enabled devices such that when the transaction card is outside of a specified distance of the mesh network, the user device may receive an alert. When a user receives an alert that the card is outside of a specified distance from the user device, the user device may be used to relay to the user whether the user is moving in a direction closer or farther from the card. | 06-30-2016 |
20160196547 | WIRELESS TRANSACTION MEDIUM HAVING COMBINED MAGNETIC STRIPE AND RADIO FREQUENCY COMMUNICATIONS | 07-07-2016 |
20160196550 | Electronic Personal Wallet System and Methods of Use | 07-07-2016 |
20160196551 | METHOD OF AND SYSTEM FOR GAMING | 07-07-2016 |
20160203450 | MANAGING INFORMATION RELATING TO SECURE MODULE APPLICATIONS | 07-14-2016 |
20160203469 | SYSTEM AND METHOD OF FACILITATING MONETARY TRANSACTIONS | 07-14-2016 |
20160203471 | WIRELESS TO MAGNETIC TRANSITION SMART CARD | 07-14-2016 |
20160203472 | Transmitter and Method for Substantially Reducing Dead Zones in an Inductive Contactless Mobile Payment System | 07-14-2016 |
20160203473 | Kiosk Gift Card System and Method | 07-14-2016 |
20160379192 | Multi-Directional Wallet Connector Apparatuses, Methods and Systems - The MULTI-DIRECTIONAL WALLET CONNECTOR APPARATUSES, METHODS AND SYSTEMS (“W-CONNECTOR”) facilitates the enrollment of payment accounts in a consumer's virtual wallet. The consumer may be logged into their payment account issuer's web site and designate one or more payment accounts for enrollment in a virtual wallet. The issuer may then share account, billing and/or other relevant information with the virtual wallet provider to facilitate the enrollment of the designated payment accounts in the virtual wallet. The W-CONNECTOR may also be configured to facilitate the creation and funding of pre-paid accounts in a consumer's virtual wallet. | 12-29-2016 |
20160379207 | SECURED CREDENTIAL AGGREGATOR - An apparatus for aggregating secured credentials is described herein. The apparatus includes a processor and a memory. The memory includes code causing the processor to provision a plurality of secured credentials on the apparatus. The code causes the processor to isolate the secured credentials from each other in the memory. The code also causes the processor to emulate a selected secured credential from the secured credentials for a transaction. | 12-29-2016 |
20170236116 | APPARATUS, SYSTEM AND METHOD FOR CREATING A RESTRICTED USE PAYMENT CARD | 08-17-2017 |
20180025345 | NON-FIXED FUEL PLATFORM THAT CAN ACCEPT AUTOMATIC PAYMENT FOR FUEL DISPENSED | 01-25-2018 |
20180025349 | Activation and Assigning Value to Gift Cards Using RFID | 01-25-2018 |
20190147434 | APPARATUS AND METHOD FOR WIRELESS SECURE PAYMENT AND DATA TRANSACTION WITH BIOMETRIC ENROLLMENT AND AUTHENTICATION | 05-16-2019 |
20190147443 | PAYMENT METHOD BASED ON MOBILE TERMINAL AND MOBILE TERMINAL | 05-16-2019 |
20190147447 | FRAUD COMPLIANCE DEVICE FOR CARD READING APPARATUS | 05-16-2019 |
20190147452 | BIOMETRIC ENABLED WIRELESS SECURE PAYMENT AND DATA TRANSACTION APPARATUS | 05-16-2019 |
20220138682 | Return of Items from Security Checkpoints - When a security screen at a security checkpoint identifies a forbidden item carried by a passenger, the passenger may be directed to a checkin station for a retrieval service. At the checkin station, passenger puts item into an envelope, and takes a physical receipt without delaying to enter delivery data. The physical receipt may be preprinted with an accessor code to a database that will give the passenger a tracking code and access to a database record to enter delivery and payment information. The accessor code may be a QR code, bar or machine vision code, an RFID tag that can be scanned by a sensor in a phone, a URL with a unique code to be typed, etc. Retrieval service may permit passenger to enter delivery data once the time constraint is relieved. Retrieval service may use a commercial delivery service such as UPS, FedEx, DHL, or a government Postal Service. | 05-05-2022 |
20220138721 | GEOFENCE-BASED LOCATION TRACKING AND NOTIFICATION TRIGGERING SYSTEM - Systems and methods are disclosed for a geofence-based location tracking and notification triggering system. One of the methods includes obtaining location information associated with a user device; accessing information indicating entities located within one or more threshold distances of the obtained location; determining whether a user of the user device satisfies constraints specified by the entities; and generating a notification to be provided to the user device, the notification indicating information associated with at least one entity for which the user satisfies specified constraints. Preferably, the notification is in the form of a text messages, which provides advantages for real-time notifications with increased spatial relevance to a user. | 05-05-2022 |