System and method for a mobile wallet

• US 9,659,312 B1
• Filed: 07/25/2014
• Issued: 05/23/2017
• Est. Priority Date: 04/25/2012
• Status: Active Grant

• Current Assignee: Wells Fargo Bank NA (Wells Fargo & Company)
• Original Assignee: Wells Fargo Bank NA (Wells Fargo & Company)
• Inventors: Ellis, Stephen M., Kennedy, Michael J., Kurani, Ashish Bhoopen, Lowry, Melissa, Meyyappan, Uma, Sahni, Bipin, Stroke, Nikolai
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US14/341,394
• Time in Patent Office: 1,033 Days
• Field of Search: 705 3- 44
• CPC Class Codes: G06K 19/06028 using bar codes
• CPC Class Codes: G06K 7/1413 1D bar codes
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/3221 Access to banking information through M-devices
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/3274 using a pictured code, e.g. barcode or QR-code, being displayed on the M-device
• CPC Class Codes: G06Q 20/36 using electronic wallets or electronic money safes
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 30/0238 at point-of-sale [POS]
• CPC Class Codes: G06Q 30/0255 based on user history
• CPC Class Codes: G06Q 30/0261 based on user location
• CPC Class Codes: G06Q 30/0267 Wireless devices
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A computer system includes a processor configured to receive one or more offers from one or more merchants, determine an offer from the one or more offers to present on a mobile device based on a characteristic of a user of the mobile device, receive a request for a code to provide to a merchant associated with the offer, the code being generated for the mobile device that belongs to the user, receive, from the mobile device, an indication from the user to use the offer that provides the user a discount from a price of a product or service, send to the mobile device, by an offer computer system, an offer code to be displayed on the mobile device and to be received by the merchant, aggregate a total amount of funds that the user has saved using a plurality of offers in the past, generate the code, including embedding in the code a transaction identification number, a geographic location of the mobile device, a date and a time, send the code to the mobile device for the merchant to scan and send to a financial institution to request funds from an account held by the user, receive a request for funds from the merchant that includes an address for the merchant and an amount of the transaction, and send the requested funds to the merchant upon verifying the offer was accepted by the user of the mobile device.

Claims

1. A mobile wallet computer system, comprising:

one or more processors combined with non-transitory memory, wherein the non-transitory memory has instructions stored therein that are executable by the one or more processors, the non-transitory memory in combination with the one or more processors comprising;

network interface logic configured to receive one or more offers from one or more merchants;

an offer engine configured to;

determine an offer from the one or more offers to present on a mobile device based on a characteristic of a user of the mobile device; and

aggregate a total amount of funds that the user has saved using a plurality of offers in the past;

wherein the network interface logic is further configured to;

receive, from the mobile device, a request for a code to provide to a merchant associated with the offer, the code being generated for the mobile device that belongs to the user, wherein the code is generated by a code generator of the mobile wallet computer system, the code generator configured to embed a transaction identification number, a geographic location of the mobile device, and a date and a time in the code, wherein the code is displayable on the mobile device and scannable at a point of sale;

receive, from the mobile device, an indication from the user to use the offer that provides the user a discount from a price of a product or service;

send the code to the mobile device for the merchant to scan at the point of sale and send to a financial institution to request funds from an account held by the user; and

receive a request for funds from the merchant that includes an address for the merchant and an amount of the transaction; and

account processing logic configured to send the requested funds to the merchant upon verifying the offer was accepted by the user of the mobile device.

2. The computer system of claim 1, wherein the one or more processors are further configured to:

determine an offer to present on the mobile device based on the geographic location of the mobile device, wherein the offer relates to discounts that are available at a merchant where the user of the mobile device has purchased products or services using a credit card or debit card.

3. The computer system of claim 1, wherein the one or more processors are further configured to:

analyze transaction information to determine a spending pattern of the user, wherein the spending pattern includes determining which time of the day, week, month or year the user purchases products or services from one or more merchants; and

present at least one offer to the account holder based on the spending pattern.

4. The computer system of claim 1, wherein the one or more processors are further configured to:

determine that at least one attribute is shared among a plurality of users; and

present the plurality of users with an offer that has been accepted by at least one of the plurality of users.

5. The computer system of claim 4, wherein the at least one shared attribute is determined via an online social network, and wherein the plurality of users include the user'"'"'s connections in the online social network.

6. The computer system of claim 1, wherein the one or more processors are further configured to:

authenticate the user using biometric input that comprises facial recognition, voice, or fingerprint.

7. The computer system of claim 1, wherein the one or more processors are further configured to:

determine a future offer to present to the user based on the indication from the user to use the offer.

8. The computer system of claim 7, wherein the future offer is based on a characteristic of the product or service related to the offer.

9. A computer-implemented method performed by one or more processors of a mobile wallet computer system, comprising:

receiving, by network interface logic of the mobile wallet computer system, one or more offers from one or more merchants;

determining, by an offer engine of the mobile wallet computer system, an offer from the one or more offers to present on a mobile device based on a characteristic of a user of the mobile device;

receiving, by the network interface logic of the mobile wallet computer system, a request from the mobile device for a code to provide to a merchant associated with the offer, the code being generated for the mobile device that belongs to the user;

receiving, by the network interface logic of the mobile wallet computer system, an indication from the mobile device of the user to use the offer that provides the user a discount from a price of a product or service;

aggregating, by the offer engine of the mobile wallet computer system, a total amount of funds that the user has saved using a plurality of offers in the past;

generating, by a code generator of the mobile wallet computer system, the code based on the offer, including embedding in the code a transaction identification number, a geographic location of the mobile device, a date and a time, wherein the code is displayable on the mobile device and scannable at a point of sale;

sending, by the network interface logic of the mobile wallet computer system, the code to the mobile device for the merchant to scan at the point of sale and send to a financial institution to request funds from an account held by the user;

receiving, by the network interface logic of the mobile wallet computer system, a request for funds from the merchant that includes an address for the merchant and an amount of the transaction; and

sending, by account processing logic of the mobile wallet computer system, the requested funds to the merchant upon verifying the offer was accepted by the user of the mobile device.

10. The computer-implemented method of claim 9, further comprising:

determining an offer to present on the mobile device based on the geographic location of the mobile device, wherein the offer relates to discounts that are available at a merchant where the user of the mobile device has purchased products or services using a credit card or debit card.

11. The computer-implemented method of claim 9, further comprising:

analyzing transaction information to determine a spending pattern of the user, wherein the spending pattern includes determining which time of the day, week, month or year the user purchases products or services from one or more merchants; and

presenting at least one offer to the account holder based on the spending pattern.

12. The computer-implemented method of claim 9, further comprising:

determining that at least one attribute is shared among a plurality of users; and

presenting the plurality of users with an offer that has been accepted by at least one of the plurality of users.

13. The computer-implemented method of claim 12, wherein the at least one shared attribute is determined via an online social network, and wherein the plurality of users include the user'"'"'s connections in the online social network.

14. The computer-implemented method of claim 9, further comprising:

authenticating the user using biometric input that comprises facial recognition, voice, or fingerprint.

15. The computer-implemented method of claim 9, further comprising:

determining a future offer to present to the user based on the indication from the user to use the offer.

16. The computer-implemented method of claim 15, wherein the future offer is based on a characteristic of the product or service related to the offer.

17. A computer-implemented method performed by one or more processors of a mobile wallet computer system, comprising:

receiving, by network interface logic of the mobile wallet computer system, one or more offers from one or more merchants;

determining, by an offer engine of the mobile wallet computer system, an offer from the one or more offers to present on a mobile device based on a characteristic of a user of the mobile device;

receiving, by the network interface logic of the mobile wallet computer system, a request from the mobile device for a code to provide to a merchant associated with the offer, the code being generated for the mobile device that belongs to the user;

receiving, by the network interface logic of the mobile wallet computer system, an indication from the mobile device of the user to use the offer that provides the user a discount from a price of a product or service;

generating, by a code generator of the mobile wallet computer system, the code based on the offer, including embedding in the code a transaction identification number, a geographic location of the mobile device, a date and a time, wherein the code is displayable on the mobile device and scannable at a point of sale;

sending, by the network interface logic of the mobile wallet computer system, the code to the mobile device for the merchant to scan and send to a financial institution to request funds from an account held by the user;

receiving, by the network interface logic of the mobile wallet computer system, a request for funds from the merchant that includes an address for the merchant and an amount of the transaction; and

sending, by account processing logic of the mobile wallet computer system, the requested funds to the merchant upon verifying the offer was accepted by the user of the mobile device.

18. The computer-implemented method of claim 17, further comprising:

sending to the mobile device, by an offer computer system, an offer code to be displayed on the mobile device and to be received by the merchant.

19. The computer-implemented method of claim 17, further comprising:

aggregating a total amount of funds that the user has saved using a plurality of offers in the past.