Methods and Systems For Making a Payment Via a Stored Value Card in a Mobile Environment

• US 20120265677A1
• Filed: 06/11/2012
• Published: 10/18/2012
• Est. Priority Date: 07/06/2006
• Status: Abandoned Application

• Current Assignee: Qualcomm, Inc.
• Original Assignee: Firethorn Mobile, Inc. (Qualcomm, Inc.)
• Inventors: Rackley, Brady Lee III, Porter, Warren Derek, Rickman, Gregory Michael, Cochran, Kyle Leighton
• Application Number:
  US13/492,992
• Publication Number:
  US 20120265677A1
• Time in Patent Office: Days
• US Class Current: 705/41
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/023 the neutral party being a clearing house
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/32 using wireless 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 20/3255 using mobile network messaging services for payment, e.g. SMS
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions

Abstract

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.

Claims

1-172. -172. (canceled)

173. A method for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device connected for communications via a wireless network, the mobile device being connected via the wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, comprising the steps of:

displaying a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

generating a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

174. The method of claim 173, further comprising the step of providing a Mobile Wallet application on the mobile device.

175. The method of claim 174, 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.

176. The method of claim 175, wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a 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.

177. The method of claim 175, further comprising the step of receiving selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

178. The method of claim 175, wherein the selection of a payment source for making the 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.

179. The method of claim 173, further comprising the step of displaying the payee'"'"'s pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee'"'"'s pre-existing SV card.

180. The method of claim 173, wherein the payment instruction recipient is one of a financial service provider, a billing aggregator, an SV card issuer, and a retail establishment that handles SV cards.

181. The method of claim 173, wherein the mobile device comprises at least one of a mobile telephone, a personal digital assistant, a pager, a smartphone, a navigation device, and a hand-held computer with a wireless connection or link.

182. A mobile device for making a financial payment to a payee via a stored value (SV) card, the mobile device being connected via a wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, comprising:

a display for displaying information relating to a plurality of selectable payment methods for effecting a payment to the payee, the plurality of selectable payment methods including an SV card payment method;

a wireless communications component for communicating with the MFTS via the wireless network; and

a mobile device processor operative to;

display a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

generate a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

wirelessly communicate the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

183. The mobile device of claim 182, wherein the mobile device processor is further operative to provide a Mobile Wallet application on the mobile device.

184. The mobile device of claim 183, 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.

185. The mobile device of claim 184, wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a 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.

186. The mobile device of claim 184, wherein the mobile device processor is further operative to receive selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

187. The mobile device of claim 184, wherein the selection of a payment source for making the 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.

188. The mobile device of claim 182, wherein the mobile device processor is further operative to displaying the payee'"'"'s pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee'"'"'s pre-existing SV card.

189. The mobile device of claim 182, wherein the payment instruction recipient is one of a financial service provider, a billing aggregator, an SV card issuer, and a retail establishment that handles SV cards.

190. The mobile device of claim 182, wherein the mobile device comprises at least one of a mobile telephone, a personal digital assistant, a pager, a smartphone, a navigation device, and a hand-held computer with a wireless connection or link.

191. A mobile device for making a financial payment to a payee via a stored value (SV) card, the mobile device being connected via a wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, comprising:

means for displaying a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

means for generating a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

means for wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

192. The mobile device of claim 191, further comprising means for providing a Mobile Wallet application on the mobile device.

193. The mobile device of claim 192, 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.

194. The mobile device of claim 193, wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a 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.

195. The mobile device of claim 193, further comprising means for receiving selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

196. The mobile device of claim 193, wherein the selection of a payment source for making the 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.

197. The mobile device of claim 191, further comprising means for displaying the payee'"'"'s pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee'"'"'s pre-existing SV card.

198. A computer program product comprising a non-transitory computer usable medium having a computer readable program code embodied therein, the computer readable program code adapted to be executed to implement a method for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device connected for communications via a wireless network, the mobile device being connected via the wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, the method comprising:

instructions for displaying a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

instructions for generating a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

instructions for wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

199. The computer program product of claim 198, further comprising instructions for providing a Mobile Wallet application on the mobile device.

200. The computer program product of claim 199, 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.

201. The computer program product of claim 200, wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a 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.

202. The computer program product of claim 200, further comprising instructions for receiving selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

203. The computer program product of claim 200, wherein the selection of a payment source for making the 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.

204. The computer program product of claim 198, further comprising instructions for displaying the payee'"'"'s pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee'"'"'s pre-existing SV card.