Systems and methods for prioritizing default payment options in virtual wallets

• US 10,410,232 B1
• Filed: 07/07/2017
• Issued: 09/10/2019
• Est. Priority Date: 07/08/2016
• Status: Active Grant

• Current Assignee: Harold Lueken
• Original Assignee: Harold Lueken
• Inventors: Lueken, Harold
• Primary Examiner(s): Wilder, A. Hunter
• Application Number:
  US15/644,120
• Time in Patent Office: 795 Days
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/351 Virtual cards
• CPC Class Codes: G06Q 20/3572 Multiple accounts on card
• CPC Class Codes: G06Q 20/36 using electronic wallets or electronic money safes
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 30/0222 During e-commerce, i.e. online transactions
• CPC Class Codes: H04B 5/70 specially adapted for specific purposes

Abstract

Techniques are disclosed for utilizing NFC, beacon, geo-fencing and/or other technologies to select default virtual cards in virtual wallets and to enable promotions for individuals who utilize the default virtual cards to conduct transactions. A reconfiguration signal that designates a virtual card to be a default virtual card is transmitted to a mobile device having an installed virtual wallet application. The virtual wallet application determines whether it includes stored information corresponding to the virtual card identified by the reconfiguration signal. In response to determining that the virtual wallet application includes the virtual card identified by the reconfiguration signal, the virtual wallet application updates or confirms a default card setting of the virtual wallet application to designate the virtual card identified by the reconfiguration signal as the default virtual card. Promotions may be applied to transactions involving the default virtual card for a predetermined period of time.

Claims

1. A system for managing a virtual wallet application comprising:

a physical structure including a near-field communication (NFC) component that is configured to transmit a reconfiguration signal that designates a virtual card to be a default virtual card, wherein the reconfiguration signal is transmitted to a NFC-enabled mobile device in response to the NFC component and the NFC-enabled mobile device being placed in proximity to each other;

the virtual wallet application stored on a non-transitory storage medium of the NFC-enabled mobile device, wherein the virtual wallet application is configured to;

determine whether the virtual wallet application includes the virtual card identified by the reconfiguration signal;

in response to determining that the virtual wallet application includes the virtual card identified by the reconfiguration signal, update or confirm a default card setting of the virtual wallet application to designate the virtual card identified by the reconfiguration signal as the default virtual card; and

conduct one or more transactions using the default virtual card; and

a remote computing device in communication with the NFC-enabled mobile device over a network, wherein the remote computing device is configured to;

receive a confirmation signal from the NFC-enabled mobile device indicating that the NFC-enabled mobile device has successfully updated or confirmed the default card setting in the virtual wallet application to designate the virtual card identified by the reconfiguration signal as the default virtual card; and

enable one or more promotions to be obtained in connection with utilizing the default virtual card to conduct the one or more transactions,

wherein the virtual card is designated as the default virtual card for a limited time period and, in response to determining that the limited time period has expired, the virtual wallet application automatically resets the default card setting to a previous setting which designated a second virtual card in the virtual wallet application as the default virtual card.

2. The system of claim 1, wherein the limited time period is specified by one of:

a signal from the remote computing device, the reconfiguration signal that is transmitted to the NFC-enabled mobile device or a pre-defined time setting of the virtual wallet application.

3. The system of claim 1, wherein the one or more promotions are made available for the limited time period during which the virtual card is designated as the default virtual card;

and wherein the one or more transactions include one or more tap-to-pay purchases or one or more in-app purchases.

4. The system of claim 1, wherein the virtual wallet application includes a plurality of virtual cards and the plurality of virtual cards include information associated with credit cards, debit cards, loyalty cards, rewards cards or store cards;

and

wherein the default virtual card identified by the reconfiguration signal is one of the plurality of virtual cards.

5. The system of claim 1, wherein the physical structure is a shopping cart corral, a poster, a sign, a wall or a display panel.

6. The system of claim 1, wherein the default virtual card designated by the reconfiguration signal is included in a list that identifies a plurality of virtual cards and the default virtual card is selected based, at least in part, on priority information assigned to the plurality of virtual cards and availabilities of the plurality of virtual cards in the virtual wallet application.

7. The system of claim 1, wherein, in response to determining that the virtual card is not included in the virtual wallet application, an interface is displayed on the NFC-enabled mobile device which enables a physical card corresponding to the virtual card to be obtained or ordered.

8. A method for managing a virtual wallet application comprising:

configuring a near-field communication (NFC) component included in a physical structure to transmit a reconfiguration signal that designates a virtual card to be a default virtual card;

transmitting the reconfiguration signal to a NFC-enabled mobile device in response to the NFC component and the NFC-enabled mobile device being placed in proximity to each other;

providing the virtual wallet application to the NFC-enabled mobile device, wherein the virtual wallet application is configured to;

determine whether the virtual wallet application includes the virtual card identified by the reconfiguration signal;

in response to determining that the virtual wallet application includes the virtual card identified by the reconfiguration signal, update or confirm a default card setting of the virtual wallet application to designate the virtual card identified by the reconfiguration signal as the default virtual card; and

conduct one or more transactions using the default virtual card; and

providing a remote computing device that is in communication with the NFC-enabled mobile device over a network, wherein the remote computing device is configured to;

receive a confirmation signal from the NFC-enabled mobile device indicating that the NFC-enabled mobile device has successfully updated or confirmed the default card setting in the virtual wallet application to designate the virtual card identified by the reconfiguration signal as the default virtual card; and

enable one or more promotions to be obtained in connection with utilizing the default virtual card to conduct the one or more transactions,

wherein the virtual card is designated as the default virtual card for a limited time period and, in response to determining that the limited time period has expired, the virtual wallet application automatically resets the default card setting to a previous setting which designated a second virtual card in the virtual wallet application as the default virtual card.

9. The method of claim 8, wherein the limited time period is specified by one of:

a signal from the remote computing device, the reconfiguration signal that is transmitted to the NFC-enabled mobile device or a pre-defined time setting of the virtual wallet application.

10. The method of claim 8, wherein the one or more promotions are made available for the limited time period during which the virtual card is designated as the default virtual card;

and wherein the one or more transactions include one or more tap-to-pay purchases or one or more in-app purchases.

11. The method of claim 8, wherein the virtual wallet application includes a plurality of virtual cards and the plurality of virtual cards include information associated with credit cards, debit cards, loyalty cards, rewards cards or store cards;

and

wherein the default virtual card identified by the reconfiguration signal is one of the plurality of virtual cards.

12. The method of claim 8, wherein the physical structure is a shopping cart corral, a poster, a sign, a wall or a display panel.

13. The method of claim 8, wherein the default virtual card designated by the reconfiguration signal is included in a list that identifies a plurality of virtual cards and the default virtual card is selected based, at least in part, on priority information assigned to the plurality of virtual cards and availabilities of the plurality of virtual cards in the virtual wallet application.

14. The method of claim 8, wherein, in response to determining that the virtual card is not included in the virtual wallet application, an interface is displayed on the NFC-enabled mobile device which enables a physical card corresponding to the virtual card to be obtained or ordered.