Methods and systems for making a payment via a stored value card in a mobile environment
First Claim
1. 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 a SV card to a payee, comprising the steps of:
- receiving user input at the mobile device of information identifying the payee to which a payment is to be made;
displaying a plurality of selectable payment methods on the mobile device corresponding to the payment to be made to the identified payee, the plurality of selectable payment methods including a stored value (SV) card payment method;
receiving selection at the mobile device of the SV card payment method;
receiving a SMS message and automatically activating an application in response to receiving the SMS message;
generating, in response to activating the application, 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, whereby the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via a stored value card by issuing a new SV card to the identified payee or adding value to a preexisting SV card of the identified payee.
4 Assignments
0 Petitions
Accused Products
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, which arranges for payment to the identified payee by issuing a new stored value card or reloading funds onto a pre-existing stored value card.
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Citations
40 Claims
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1. 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 a SV card to a payee, comprising the steps of:
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receiving user input at the mobile device of information identifying the payee to which a payment is to be made; displaying a plurality of selectable payment methods on the mobile device corresponding to the payment to be made to the identified payee, the plurality of selectable payment methods including a stored value (SV) card payment method; receiving selection at the mobile device of the SV card payment method; receiving a SMS message and automatically activating an application in response to receiving the SMS message; generating, in response to activating the application, 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, whereby the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via a stored value card by issuing a new SV card to the identified payee or adding value to a preexisting SV card of the identified payee. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. 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 a SV card to a payee, comprising:
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a display configured 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 a stored value (SV) card payment method; a user input means for receiving information identifying the payee, and user selection of a payment method from the plurality of selectable payment methods; a wireless communications component configured for communicating with the MFTS via the wireless network; and a mobile device processor operative to; receive via the user input means information identifying the payee to which the payment is to be made; display the plurality of selectable payment methods on the display corresponding to the payment to be made to the identified payee, the plurality of selectable payment methods including the SV card payment method; receive via the user input means selection of the SV card payment method; receiving a SMS message and automatically activating an application in response to receiving the SMS message; generate, in response to activating the application, a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and wirelessly communicate via the wireless communications component the mobile payment instruction from the mobile device to the MFTS, whereby the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via a stored value card by issuing a new SV card to the identified payee or adding value to a preexisting SV card of the identified payee. - View Dependent Claims (21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38)
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39. 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 a SV card to a payee, comprising:
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a means for receiving user input at the mobile device of information identifying the payee to which a payment is to be made; a mobile device display configured for displaying a plurality of selectable payment methods corresponding to the payment to be made to the identified payee, the plurality of selectable payment methods including a stored value (SV) card payment method; a means for receiving selection at the mobile device of the SV card payment method; a means for receiving a SMS message and automatically activating an application in response to receiving the SMS message; a means for generating, in response to activating the application, a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and a means for wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, whereby the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via a stored value card by issuing a new SV card to the identified payee or adding value to a preexisting SV card of the identified payee.
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40. A non-transitory computer-readable medium that is usable by a mobile device, 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 a SV card to a payee, the computer-readable medium having computer-executable instructions for performing steps comprising:
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receiving user input at the mobile device of information identifying the payee to which a payment is to be made; displaying a plurality of selectable payment methods on the mobile device corresponding to the payment to be made to the identified payee, the plurality of selectable payment methods including a stored value (SV) card payment method; receiving selection at the mobile device of the SV card payment method; receiving a SMS message and automatically activating an application in response to receiving the SMS message; generating, in response to activating the application, 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, whereby the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via a stored value card by issuing a new SV card to the identified payee or adding value to a preexisting SV card of the identified payee.
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Specification