System and method for a mobile wallet

• US 9,704,157 B1
• Filed: 07/25/2014
• Issued: 07/11/2017
• 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:
  US14/341,413
• Time in Patent Office: 1,082 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-implemented method includes receiving a request for a code to provide to a merchant, the code being generated for the merchant to display to an account holder, generating the code, including embedding in the code a transaction identification number, a geographic location of the merchant, a timestamp, sending the code to the merchant for displaying to a mobile device to scan, receiving an amended code from the mobile device to transfer funds to the merchant from an account held by the account holder, and sending the requested funds to the merchant upon verifying a geographic location of the mobile device is within a predetermined distance of the geographic location of the merchant.

Claims

1. A computer-implemented method, comprising:

receiving, by a mobile wallet computer system, a request for a code to provide to a merchant;

generating, by a code generator of the mobile wallet computer system, the code, wherein the code generator is configured to embed in the code a transaction identification number, a geographic location of the merchant, and a timestamp;

providing, by network interface logic of the mobile wallet computer system, the code to the merchant for subsequently providing to a mobile device;

receiving, by the network interface logic of the mobile wallet computer system from the mobile device, an amended code comprising authentication information to transfer funds to the merchant from an account held by an account holder associated with the mobile device, the authentication information including a geographic location of the mobile device;

facilitating a sending of the funds, by the mobile wallet computer system, to the merchant upon verifying the geographic location of the mobile device is within a predetermined distance of the geographic location of the merchant.

2. The computer-implemented method of claim 1, further comprising:

authenticating, by the mobile wallet computer system, the mobile device using the amended code prior to sending the requested funds.

3. The computer-implemented method of claim 2, wherein the mobile device is authenticated using the authentication information.

4. The computer-implemented method of claim 3, wherein the authentication information includes at least one of an account number and a pass code for the account.

5. The computer-implemented method of claim 2, wherein the amended code includes information related to the account holder, and wherein the mobile device is authenticated by verifying the account holder.

6. The computer-implemented method of claim 1, wherein the amended code is a two dimensional QR code.

7. The computer-implemented method of claim 1, wherein the amended code includes all information embedded within the code, and wherein the amended code is amended by the mobile device.

8. A mobile wallet computer system, comprising:

a processor coupled to a non-transitory memory, wherein the processor is configured to;

receive, via network interface logic of the mobile wallet computer system, a request for a code to provide to a merchant;

generate, by a code generator of the mobile wallet computer system, the code, wherein the code generator is configured to embed in the code a transaction identification number, a geographic location of the merchant, and a timestamp;

provide, via the network interface logic, the code to the merchant for subsequently providing to a mobile device;

receive, via the network interface logic from the mobile device, an amended code comprising authentication information to transfer funds to the merchant from an account held by an account holder associated with the mobile device, the authentication information including a geographic location of the mobile device;

facilitate a sending of the funds by the mobile wallet computer system to the merchant upon verifying the geographic location of the mobile device is within a predetermined distance of the geographic location of the merchant.

9. The computer system of claim 8, wherein the processor is further configured to:

authenticate the mobile device by the mobile wallet computer system using the amended code prior to sending the requested funds.

10. The computer system of claim 9, wherein the mobile device is authenticated using the authentication information.

11. The computer system of claim 10, wherein the authentication information includes at least one of an account number and a pass code for the account.

12. The computer system of claim 9, wherein the amended code includes information related to the account holder, and wherein the mobile device is authenticated by verifying the account holder.

13. The computer system of claim 8, wherein the amended code is a two dimensional QR code.

14. The computer system of claim 8, wherein the amended code includes all information embedded within the code, and wherein the amended code is amended by the mobile device.

15. The computer system of claim 8, wherein the amended code is non-optical.

16. A computer-implemented method, comprising:

receiving, by a mobile wallet computer system, a request for a code to provide to a merchant;

generating, by a code generator of a mobile wallet computer system, the code, wherein the code generator is configured to embed in the code a transaction identification number, a geographic location of the merchant, and a timestamp;

providing, by network interface logic of the mobile wallet computer system, the code to the merchant for subsequently providing to a mobile device;

receiving, by the network interface logic of the mobile wallet computer system from the mobile device, an amended code comprising authentication information to transfer funds to the merchant from an account held by an account holder associated with the mobile device, the authentication information including a geographic location of the mobile device, the geographic location of the merchant, and security information related to the account holder; and

facilitating a sending of the funds, by the mobile wallet computer system, to the merchant upon authenticating the mobile device using the authentication information and upon verifying the geographic location of the mobile device is within a predetermined distance of the geographic location of the merchant.

17. The computer-implemented method of claim 16, wherein the security information includes at least one of an account number and a pass code for the account.

18. The computer-implemented method of claim 16, wherein the amended code is a two dimensional QR code.

19. The computer-implemented method of claim 16, wherein the amended code includes all information embedded within the code, and wherein the amended code is amended by the mobile device.