Methods and Systems For Making a Payment Via a Paper Check in a Mobile Environment

• US 20080010204A1
• Filed: 07/06/2006
• Published: 01/10/2008
• Est. Priority Date: 07/06/2006
• Status: Abandoned Application

• Current Assignee: Qualcomm, Inc.
• Original Assignee: Firethorn Holdings LLC (Qualcomm, Inc.)
• Inventors: Cochran, Kyle Leighton, Porter, Warren Derek, Rackley III, Brady Lee, Rickman, Gregory Michael
• Application Number:
  US11/428,859
• Publication Number:
  US 20080010204A1
• Time in Patent Office: Days
• US Class Current: 705/45
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3221 Access to banking information through M-devices
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/325 using wireless networks
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/363 with the personal data of a user
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G07F 7/0866 by active credit-cards adapted therefor G07F7/1008 takes precedence

Abstract

Methods and systems for making a financial payment to a payee via a paper check 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 paper check payment method. The mobile device generates a mobile payment instruction that includes information corresponding to the identified payee and indicating a paper check 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 paper check. The MFTS communicates the MFTS payment instruction to the payment instruction recipient, which arranges for payment to the identified payee by printing and mailing of a paper check to the payee.

Claims

1. A method for making a financial payment to a payee via a paper check utilizing a mobile device connected for communications via a wireless network, comprising the steps of:

receiving user input at the mobile device of information identifying a payee for a payment to be made by a paper check issued by a payment instruction recipient;

at the user mobile device in response to the user input, generating a mobile payment instruction comprising information corresponding to the identified payee and indicating paper check payment method;

wirelessly communicating the mobile payment instruction from the user mobile device to a mobile financial transaction system (MFTS);

at the MFTS and in response to receipt of the mobile payment instruction, determining information corresponding to payment instruction recipient;

at the MFTS, generating an MFTS payment instruction to the payment instruction recipient, the MFTS payment instruction including information identifying an account at a financial service provider, an amount, information corresponding to the identified payee, and information indicating payment by the paper check payment method;

communicating the MFTS payment instruction from the MFTS to the payment instruction recipient; and

at the payment instruction recipient, in response to receipt of the MFTS payment instruction, arranging for payment to the identified payee by printing and mailing of a paper check to the payee.

2. The method of claim 1, at the user mobile device, further comprising the steps of displaying information corresponding to at least one selectable payment source for the payment at the user mobile device, receiving user input corresponding selection of a payment source for making a payment, and including information indicating the selected payment source in the mobile payment instruction.

3. The method of claim 1, wherein the mobile financial transaction system (MFTS) includes a mobile financial transaction system (MFTS) database for storing user information and payment source information associated with at least one account associated with at least one financial service provider.

4. The method of claim 3, further comprising the step of determining information corresponding to a selected account at a selected financial service provider for making the payment by retrieving said information from information prestored in the MFTS database.

5. The method of claim 3, wherein the MFTS database stores transaction information corresponding to a user'"'"'s financial transactions, the transaction information including the payment to make information in addition to other information utilized to track status of the payment to make.

6. The method of claim 5, wherein the transaction information includes one or more of the following items of information:

a user ID number, a transaction identifier, an amount, a financial service provider identifier, an account identifier, a payee identifier, a pending/complete flag.

7. The method of claim 1, wherein payee information is provided by the user by input at the mobile device.

8. The method of claim 1, wherein payee information is input by the user via an Internet-accessible web site accessible by the user for input of payee information and is thereafter communicated to the mobile device for display to the user.

9. The method of claim 1, further comprising the step of providing a Mobile Wallet application on the user mobile device.

10. The method of claim 9, wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

11. The method of claim 10, further comprising the step of receiving user input corresponding to selection of a payment source for making a payment in response to display of a Payment Source selection command.

12. The method of claim 11, further comprising the step of receiving user input of a payment source for making the payment comprising selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

13. The method of claim 10, wherein user activation of the Payment Source selection command causes the MFTS to retrieve current account information from a selected financial service provider and communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

14. The method of claim 1, wherein the identified payee corresponds to a billing entity that communicated bill information to the MFTS.

15. The method of claim 1, further comprising the step of communicating a payment confirmation message from the selected financial service provider to the MFTS in response to completion of a predetermined stage in making the payment.

16. The method of claim 15, further comprising the step of communicating a payment confirmation message to the mobile device in response to receipt of the payment confirmation message from the selected financial service provider.

17. The method of claim 1, wherein the MFTS is coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, and further comprising the steps of:

providing a web application in association with the MFTS;

receiving user information via the web application corresponding to financial service providers, accounts at financial service providers, and payees; and

storing the user information input via the web application in an MFTS database for use in connection with payments initiated via the user mobile device.

18. The method of claim 17, further comprising the step of retrieving and displaying transaction information corresponding to transactions conducted via the user mobile device, via the web application, to a user on the user'"'"'s computer.

19. The method of claim 1, further comprising the steps of:

storing a cached account balance in the mobile device representative of the balance in the at least one account as of a particular date; and

receiving updated account balance information from the MFTS to the user mobile device;

whereby, in response to receipt of updated account balance information from the MFTS, the user mobile device displays updated account balance information corresponding to the account to the user.

20. A system for making a financial payment to a payee via a paper check utilizing a mobile device connected for communications via a wireless network, comprising:

a user mobile device coupled for wireless communications with a mobile financial transaction system (MFTS), the mobile device operative for receiving user input identifying a payee for a payment to be made by a paper check issued by a payment instruction recipient with whom the user maintains a relationship, generating a mobile payment instruction to the MFTS indicating a payment to make, and wirelessly communicating the mobile payment instruction to the MFTS;

a mobile financial transaction system (MFTS) including MFTS software comprising program code for carrying out the computer-implemented steps of;

in response to receipt of the mobile payment instruction, determining information corresponding to payment instruction recipient;

generating an MFTS payment instruction to the payment instruction recipient, the MFTS payment instruction including information identifying an account at a financial service provider, an amount, information corresponding to the identified payee, and information indicating payment by the paper check payment method;

communicating the MFTS payment instruction from the MFTS to the payment instruction recipient; and

a payment instruction recipient responsive to receipt of the MFTS payment instruction for arranging for payment to the identified payee by printing and mailing of a paper check to the payee.

21. The system of claim 20, wherein the mobile device displays information corresponding to at least one selectable payment source for the payment at the user mobile device, receives user input corresponding selection of a payment source for making a payment, and includes information indicating the selected payment source in the mobile payment instruction.

22. The system of claim 20, wherein the mobile financial transaction system (MFTS) includes a mobile financial transaction system (MFTS) database for storing user information and payment source information associated with at least one account associated with at least one financial service provider.

23. The system of claim 22, wherein the MFTS program code is further operative for determining information corresponding to a selected account at a selected financial service provider for making the payment by retrieving said information from information prestored in the MFTS database.

24. The system of claim 22, wherein the MFTS database stores transaction information corresponding to a user'"'"'s financial transactions, the transaction information including the payment to make information in addition to other information utilized to track status of the payment to make.

25. The system of claim 24, wherein the transaction information includes one or more of the following items of information:

a user ID number, a transaction identifier, an amount, a financial service provider identifier, an account identifier, a payee identifier, a pending/complete flag.

26. The system of claim 20, wherein payee information is provided by the user by input at the mobile device.

27. The system of claim 20, wherein payee information is input by the user via an Internet-accessible web site accessible by the user for input of payee information and is thereafter communicated to the mobile device for display to the user.

28. The system of claim 20, wherein the user mobile device includes a Mobile Wallet application.

29. The system of claim 28, wherein the Mobile Wallet application includes program code in the mobile device that provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

30. The system of claim 29, wherein the Mobile Wallet application is operative to receive user input corresponding to selection of a payment source for making a payment in response to display of a Payment Source selection command.

31. The system of claim 30, wherein the Mobile Wallet application is operative for receiving user input of a payment source for making the payment comprising selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

32. The system of claim 29, wherein user activation of the Payment Source selection command generates a command to the MFTS to cause the MFTS to retrieve current account information from a selected financial service provider and communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

33. The system of claim 20, wherein the identified payee corresponds to a billing entity that communicated bill information to the MFTS.

34. The system of claim 20, wherein a payment confirmation message from the selected financial service provider is received by the MFTS upon completion of a predetermined stage in making the payment.

35. The system of claim 34, wherein the MFTS is operative to communicate a payment confirmation message to the mobile device in response to receipt of the payment confirmation message.

36. The system of claim 20, wherein the MFTS is coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, and further comprising computer program code operative for:

providing a web application in association with the MFTS;

receiving user information via the web application corresponding to financial service providers, accounts at financial service providers, and payees; and

storing the user information input via the web application in an MFTS database for use in connection with payments initiated via the user mobile device.

37. The system of claim 36, further comprising the step of retrieving and displaying transaction information corresponding to transactions conducted via the user mobile device, via the web application, to a user on the user'"'"'s computer.

38. The system of claim 20, wherein the user mobile device stores a cached account balance in the mobile device representative of the balance in the at least one account as of a particular date;

wherein the user mobile device receives updated account balance information from the MFTS to the user mobile device; and

wherein in response to receipt of updated account balance information from the MFTS, the mobile device displays updated account balance information corresponding to the account to the user.

39. A method for making a financial payment to a payee via a paper check utilizing a mobile device connected for communications via a wireless network, comprising the steps of:

receiving user input at the mobile device of information identifying a payee for a payment to be made by a paper check issued by a payment instruction recipient with whom the user maintains a relationship;

at the user mobile device in response to the user input, generating a mobile payment instruction comprising information corresponding to the payee and indicating paper check payment method;

wirelessly communicating the mobile payment instruction from the user mobile device to a mobile financial transaction system (MFTS); and

displaying updated financial account information on the mobile device indicating a current account balance of the selected account reflecting issuance of the paper check.

40. The method of claim 39, at the user mobile device, further comprising the steps of displaying information corresponding to at least one selectable payment source for the payment at the user mobile device, receiving user input corresponding selection of a payment source for making a payment, and including information indicating the selected payment source in the mobile payment instruction.

41. The method of claim 39, wherein payee information is provided by the user by input at the mobile device.

42. The method of claim 41, wherein one or more selectable payees is displayed on the mobile device for selection by the user.

43. The method of claim 39, wherein payee information is input by the user via an Internet-accessible web site accessible by the user for input of payee information and is thereafter communicated to the mobile device for display to the user.

44. The method of claim 39, further comprising the step of providing a Mobile Wallet application on the user mobile device.

45. The method of claim 44, wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

46. The method of claim 45, further comprising the step of receiving user input corresponding to selection of a payment source for making a payment in response to display of a Payment Source selection command.

47. The method of claim 46, further comprising the step of receiving user input of a payment source for making the payment comprising selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

48. The method of claim 44, wherein user activation of the Payment Source selection command causes retrieval of current account information from a selected financial service provider and communication of current account information to the mobile device.

49. The method of claim 39, wherein the payee corresponds to a billing entity that communicated bill information to the MFTS.

50. The method of claim 39, further comprising the step of displaying a payment confirmation message at the mobile device in response to receipt of a corresponding payment confirmation message from the MFTS.

51. The method of claim 39, wherein the MFTS is coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, wherein the MFTS provides a web application operative for receiving user information corresponding to financial service providers, accounts at financial service providers, and payees;

and further comprising the step of communicating said information to the user mobile device.

52. The method of claim 39, further comprising the steps of:

storing a cached account balance in the mobile device representative of the balance in the at least one account as of a particular date;

receiving updated account balance information for the account; and

in response to receipt of updated account balance information, displaying updated account balance information corresponding to the account to the user via the mobile device.

53. A mobile device for making a financial payment to a payee via a paper check via a wireless network, comprising:

a mobile device connected for wireless communications via a mobile communication service provider to a mobile financial transaction system (MFTS), the mobile device including a display, user input means, a processor, and a memory; and

mobile device software operative on the mobile device processor comprising program code for carrying out the computer-implemented steps of;

receiving user input at the mobile device of information identifying a payee for a payment to be made by a paper check issued by a payment instruction recipient with whom the user maintains a relationship;

generating a mobile payment instruction comprising information corresponding to the payee and indicating paper check payment method;

wirelessly communicating the mobile payment instruction to the mobile financial transaction system (MFTS); and

displaying updated financial account information on the mobile device indicating a current account balance of the selected account reflecting issuance of the paper check.

54. The mobile device of claim 53, wherein the mobile device is further operative for:

displaying information corresponding to at least one selectable payment source for the payment at the user mobile device,

receiving user input corresponding selection of a payment source for making a payment, and

including information indicating the selected payment source in the mobile payment instruction.

55. The mobile device of claim 53, wherein payee information is provided by the user by input at the mobile device.

56. The mobile device of claim 55, wherein one or more selectable payees is displayed on the mobile device for selection by the user.

57. The mobile device of claim 53, wherein payee information is input by the user via an Internet-accessible web site accessible by the user for input of payee information and is thereafter communicated to the mobile device for display to the user.

58. The mobile device of claim 53, wherein the mobile device includes a Mobile Wallet application.

59. The mobile device of claim 58, wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

60. The mobile device of claim 59, wherein the Mobile Wallet application is operative for receiving user input corresponding to selection of a payment source for making a payment in response to display of a Payment Source selection command.

61. The mobile device of claim 60, wherein the Mobile Wallet application is operative for receiving user input of a payment source for making the payment comprising selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

62. The mobile device of claim 61, wherein the user mobile device stores a cached account balance in the mobile device representative of the balance in the at least one account as of a particular date;

wherein the MFTS the user mobile device receives updated account balance information for the account and wirelessly communicates updated account balance information from the MFTS to the user mobile device; and

wherein in response to receipt of updated account balance information, the mobile device displays updated account balance information corresponding to the account to the user.

63. The mobile device of claim 58, wherein user activation of the Payment Source selection command causes retrieval of current account information from a selected financial service provider and communication of current account information to the mobile device.

64. The mobile device of claim 53, wherein the payee corresponds to a billing entity that communicated bill information to the MFTS.

65. The mobile device of claim 53, wherein the mobile device is operative for displaying a payment confirmation message in response to receipt of a corresponding payment confirmation message from the MFTS.

66. The mobile device of claim 53, wherein the MFTS is coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, wherein the MFTS provides a web application operative for receiving user information corresponding to financial service providers, accounts at financial service providers, and payees;

and

wherein the mobile device is further operative for receiving and displaying said information at the user mobile device.

67. A computer-implemented method for a mobile financial transaction system (MFTS) to effect a financial payment to a payee via a paper check in response to a mobile device connected for communication via a wireless network, comprising the steps of:

wirelessly receiving a mobile payment instruction from a user mobile device, the mobile payment instruction comprising information corresponding to an identified payee and indicating a paper check payment method;

generating an MFTS payment instruction to a payment instruction recipient that maintains a relationship with a paper check issuing entity, the MFTS payment instruction including information identifying an amount, information corresponding to the identified payee, and information indicating payment by a paper check payment method; and

communicating the MFTS payment instruction from the MFTS to the payment instruction recipient,

whereby at the payment instruction recipient, in response to receipt of the MFTS payment instruction, a payment is effected to the identified payee by printing and mailing of a paper check to the payee.

68. The method of claim 67, wherein the mobile payment instruction includes information identifying a payee as one of a plurality of names prestored at the MFTS.

69. The method of claim 67, wherein the payment instruction recipient is one of a financial service provider and a billing aggregator.

70. The method of claim 69, further comprising the steps of:

storing a cached account balance in the mobile device representative of the balance in the at least one account as of a particular date;

receiving updated account balance information for the account; and

in response to receipt of updated account balance information, displaying updated account balance information corresponding to the account to the user via the mobile device.

71. The method of claim 67, wherein the mobile payment instruction further includes information selecting at least one selectable payment source of the user for the payment.

72. The method of claim 71, wherein the selection of a payment source for making a payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

73. The method of claim 71, wherein selection of a payment source causes the MFTS to retrieve current account information from one or more financial service providers and wirelessly communicate the current account information to the mobile device upon receipt of such information from the one or more financial service providers.

74. The method of claim 71, wherein the mobile financial transaction system (MFTS) includes a mobile financial transaction system (MFTS) database for storing user information and payment source information associated with at least one account associated with at least one financial service provider;

and

further comprising the step of determining information corresponding to a selected account at a financial service provider identified in the payment instruction by retrieving said information from information prestored in the MFTS database.

75. The method of claim 67, wherein the MFTS stores transaction information corresponding to a user'"'"'s financial transactions, the transaction information including the payment information in addition to other information utilized to track status of the payment.

76. The method of claim 75, wherein the transaction information includes one or more of the following items of information:

a user ID number, a transaction identifier, an amount, a financial service provider identifier, an account identifier, a payee identifier, a pending/complete flag.

77. The method of claim 67, wherein at least some payee information is input by the user via an Internet-accessible web site accessible by the user for input of payee information and is thereafter wirelessly communicated to the mobile device for display to the user.

78. The method of claim 67, further comprising the step of providing a downloadable Mobile Wallet application for installation and use on the user mobile device.

79. The method of claim 78, wherein user activation of a Payment Source selection command on the Mobile Wallet application causes the MFTS to retrieve current account information from the selected financial service provider and wirelessly communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

80. The method of claim 67, further comprising the step of receiving a payment confirmation message at the MFTS from the payment instruction recipient in response to completion of a predetermined stage in making the payment.

81. The method of claim 80, further comprising the step of wirelessly communicating a payment confirmation message to the mobile device in response to receipt of the payment confirmation message from the payment instruction recipient.

82. The method of claim 67, wherein the MFTS is further coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, and further comprising the steps of:

providing a web application in association with the MFTS;

receiving user information via the web application corresponding to financial service providers, accounts at financial service providers, and billing entities; and

storing the user information input via the web application in an MFTS database for use in connection with payments initiated via the user mobile device.

83. The method of claim 82, further comprising the step of retrieving and displaying transaction information corresponding to transactions conducted via the user mobile device, via the web application, to a user on the user'"'"'s computer.

84. The method of claim 67, further comprising the step of wirelessly communicating a message to a payee'"'"'s mobile device, the message advising the payee that a payment has been sent by the user via a paper check.

85. The method of claim 84, wherein the message to the payee'"'"'s mobile device comprises a text message.

86. The method of claim 84, wherein the message to the payee'"'"'s mobile device is provided via a Mobile Wallet application installed on the payee'"'"'s mobile device.

87. A system for effecting a financial payment to a payee via a paper check in response to a mobile device connected for communication via a wireless network, comprising:

a mobile financial transaction system (MFTS) coupled for wireless communications with one or more mobile devices of a user using a mobile communication service provider (MCSP), the MFTS coupled for electronic communications with a payment instruction recipient that effects a payment via issuing and mailing a paper check, the MFTS including a mobile financial transaction system (MFTS) database for storing user information and payment information, the MFTS including MFTS software comprising program code for carrying out the computer-implemented steps of;

wirelessly receiving a mobile payment instruction from a user mobile device, the mobile payment instruction comprising information corresponding to an identified payee and indicating a paper check payment method;

generating an MFTS payment instruction to a payment instruction recipient that maintains a relationship with a paper check issuing entity, the MFTS payment instruction including information identifying an amount, information corresponding to the identified payee, and information indicating payment by a paper check payment method; and

communicating the MFTS payment instruction from the MFTS to the payment instruction recipient,

whereby at the payment instruction recipient, in response to receipt of the MFTS payment instruction, a payment is effected to the identified payee by printing and mailing of a paper check to the payee.

88. The system of claim 87, wherein the mobile payment instruction includes information identifying a payee as one of a plurality of names prestored at the MFTS.

89. The system of claim 87, wherein the payment instruction recipient is one of a financial service provider and a billing aggregator.

90. The system of claim 89, wherein the MFTS communicates with the financial service provider to obtain updated account balance information for the account;

wherein the MFTS wirelessly communicates updated account balance information from the MFTS to the user mobile device; and

whereby in response to receipt of updated account balance information from the MFTS, the mobile device displays updated account balance information corresponding to the account to the user.

91. The system of claim 87, wherein the mobile payment instruction further includes information selecting at least one selectable payment source of the user for the payment.

92. The system of claim 91, wherein the selection of a payment source for making a payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

93. The system of claim 91, wherein selection of a payment source causes the MFTS to retrieve current account information from one or more financial service providers and wirelessly communicate the current account information to the mobile device upon receipt of such information from the one or more financial service providers.

94. The system of claim 91, wherein the mobile financial transaction system (MFTS) database also stores payment source information associated with at least one account associated with at least one financial service provider;

and

further comprising the step of determining information corresponding to a selected account at a financial service provider identified in the payment instruction by retrieving said information from information prestored in the MFTS database.

95. The system of claim 87, wherein the MFTS stores transaction information corresponding to a user'"'"'s financial transactions, the transaction information including the payment information in addition to other information utilized to track status of the payment.

96. The system of claim 95, wherein the transaction information includes one or more of the following items of information:

a user ID number, a transaction identifier, an amount, a financial service provider identifier, an account identifier, a payee identifier, a pending/complete flag.

97. The system of claim 87, wherein at least some payee information is input by the user via an Internet-accessible web site accessible by the user for input of payee information and is thereafter wirelessly communicated to the mobile device for display to the user.

98. The system of claim 87, further comprising the step of providing a downloadable Mobile Wallet application for installation and use on the user mobile device.

99. The system of claim 98, wherein user activation of a Payment Source selection command on the Mobile Wallet application causes the MFTS to retrieve current account information from the selected financial service provider and wirelessly communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

100. The system of claim 87, further comprising the step of receiving a payment confirmation message at the MFTS from the payment instruction recipient in response to completion of a predetermined stage in making the payment.

101. The system of claim 100, further comprising the step of wirelessly communicating a payment confirmation message to the mobile device in response to receipt of the payment confirmation message from the payment instruction recipient.

102. The system of claim 87, wherein the MFTS is further coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, and further comprising the steps of:

providing a web application in association with the MFTS;

receiving user information via the web application corresponding to financial service providers, accounts at financial service providers, and billing entities; and

storing the user information input via the web application in an MFTS database for use in connection with payments initiated via the user mobile device.

103. The system of claim 102, further comprising the step of retrieving and displaying transaction information corresponding to transactions conducted via the user mobile device, via the web application, to a user on the user'"'"'s computer.

104. The system of claim 103, wherein the message to the payee'"'"'s mobile device comprises a text message.

105. The system of claim 87, further comprising the step of wirelessly communicating a message to a payee'"'"'s mobile device, the message advising the payee that a payment has been sent by the user via a paper check.

106. The system of claim 105, wherein the message to the payee'"'"'s mobile device is provided via a Mobile Wallet application installed on the payee'"'"'s mobile device.

107. A method for making a financial payment to a payee via a paper check utilizing a mobile device connected for communications via a wireless network, comprising the steps of:

displaying information corresponding to one or more selectable payments to make at the user mobile device;

displaying information corresponding to at least one selectable payment source for the payment at the user mobile device;

displaying information corresponding to one or more selectable payment methods at the user mobile device, the payment methods at least including a paper check payment method;

at the user mobile device, receiving user input corresponding to selection of a payment to make, selection of a payment source for making a payment, and selection of a paper check payment method;

at the user mobile device in response to the user input, generating a mobile payment instruction comprising information corresponding to a selected payment to make, a selected payment source associated with at least one financial service provider for making a payment corresponding to the selected payment to make, and the paper check payment method;

wirelessly communicating the mobile payment instruction from the user mobile device to a mobile financial transaction system (MFTS);

at the MFTS and in response to receipt of the mobile payment instruction, determining an identified payee for receiving the payment indicated by the payment instruction and information corresponding to the selected account at the selected financial service provider;

at the MFTS, generating an MFTS payment instruction to a payment instruction recipient, the MFTS payment instruction including at least information identifying an account at the selected financial service provider, an amount, information corresponding to the identified payee, and information indicating payment by the paper check payment method;

communicating the MFTS payment instruction from the MFTS to the selected payment instruction recipient; and

at the payment instruction recipient, in response to receipt of the MFTS payment instruction, making a payment to the identified payee by printing and mailing a paper check to the payee.

108. The system of claim 107, wherein the payment instruction recipient comprises a financial service provider or a billing aggregator.

109. The method of claim 107, wherein the mobile financial transaction system (MFTS) includes a mobile financial transaction system (MFTS) database for storing user information, payment to make information associated with the one or more payees, and payment source information associated with at least one account associated with at least one financial service provider;

and

wherein the step of determining the identified payee identified payee for receiving the payment indicated by the payment instruction and information corresponding to the selected account at the selected financial service provider identified in the payment instruction is effected by retrieving said information from information prestored in the MFTS database.

110. The method of claim 109, wherein the MFTS database stores transaction information corresponding to a user'"'"'s financial transactions, the transaction information including the payment to make information in addition to other information utilized to track status of the payment to make.

111. The method of claim 110, wherein the transaction information includes one or more of the following items of information:

a user ID number, a transaction identifier, a bill received date, a bill due date, an amount, a financial service provider identifier, an account identifier, a payee identifier, a pending/complete flag.

112. The method of claim 107, wherein the payment to make information is first provided to the MFTS by an external source, is input by the user via an Internet-accessible web site accessible by the user for input of payment to make information and payee information, or is input by the user at the mobile device, and is thereafter communicated to the mobile device for display to the user.

113. The method of claim 112, wherein the external source for the payment to make information is selected from the group comprising:

a bill presentment system that provides bill information from a plurality of billing entities or an individual billing entity.

114. The method of claim 107, wherein the payment to make information comprises information corresponding to one or more of the following:

a recurring bill, a bill from a billing aggregator, a bill from an individual billing company, a “

pay anyone”

payment.

115. The method of claim 107, wherein the step of displaying information corresponding to one or more payment to make at the user mobile device is provided in response to user activation of a “

View Bills”

function.

116. The method of claim 107, wherein the step of displaying information corresponding to one or more payment to make at the user mobile device is provided in response to receipt at the mobile device of a text message from the MFTS.

117. The method of claim 107, further comprising the step of providing a Mobile Wallet application on the user mobile device.

118. The method of claim 117, wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including one or more of a View Bills command, a View Payment Sources command, and a Pay Bill(s) command.

119. The method of claim 118, wherein the user input corresponding to selection of a payment to make is provided in response to display of a View Bills command.

120. The method of claim 117, wherein user activation of the View Bills selectable command causes the MFTS to retrieve payment to make information from a bill presentment system and communicate the payment to make information to the mobile device upon receipt of such information from the bill presentment system.

121. The method of claim 118, wherein the user input corresponding to selection of a payment source for making a payment is provided in response to display of a View Payment Sources command.

122. The method of claim 121, wherein the selection of a payment source for making a payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

123. The method of claim 121, wherein user activation of the View Payment Sources command causes the MFTS to retrieve current account information from one or more financial service providers and communicate the current account information to the mobile device upon receipt of such information from the one or more financial service providers.

124. The method of claim 107, wherein the identified payee corresponds to a billing entity that communicated bill information to the MFTS.

125. The method of claim 107, wherein payment to make information is communicated to the mobile device by the MFTS for selected by the user, and wherein the payment to make information is limited to a payee identifier, an amount, and a due date.

126. The method of claim 107, further comprising the step of communicating a payment confirmation message from the selected financial service provider to the MFTS in response to completion of a predetermined stage in making the payment.

127. The method of claim 126, further comprising the step of communicating a payment confirmation message to the mobile device in response to receipt of the payment confirmation message from the selected financial service provider.

128. The method of claim 107, wherein the MFTS is further coupled for electronic communications with a user'"'"'s computer via a data communications network such as the Internet, and further comprising the steps of:

providing a web application in association with the MFTS;

receiving user information via the web application corresponding to financial service providers, accounts at financial service providers, and payees; and

storing the user information input via the web application in the MFTS database for use in connection with payments initiated via the user mobile device.

129. The method of claim 107, further comprising the steps of:

storing a cached account balance in the mobile device representative of the balance in the at least one account as of a particular date;

receiving updated account balance information for the account; and

in response to receipt of updated account balance information, displaying updated account balance information corresponding to the account to the user via the mobile device.