Systems and methods for suggesting financial account cards stored on a wireless device

Patent metadata

Field	Value
Publication number	US-10482489-B2
Application number	US-201816148314-A
Country	US
Kind code	B2
Filing date	Oct 1, 2018
Priority date	Aug 25, 2014
Publication date	Nov 19, 2019
Grant date	Nov 19, 2019

Abstract

A wireless device is enabled to process a transaction. In one implementation, the wireless device receives card data for a plurality of financial account cards and stores the card data in memory associated with the wireless device. The wireless device determines merchant information for the transaction and determines rewards benefit information for at least some of the plurality of financial account cards. The wireless device provides a suggestion of at least one of the plurality of financial account cards to use in the transaction based on the determined rewards benefit information.

First claim

What is claimed is:

1. A wireless device configured to facilitate a transaction at a merchant system, the wireless device comprising:
one or more processors;
and one or more memories having instructions that, when executed by the one or more processors, cause the one or more processors to perform operations comprising:
transmitting a request to a merchant location system in response to an initiation of a transaction from the wireless device, wherein the request comprises a current location of the wireless device;
receiving, in response to the request, a merchant category code associated with a merchant closest to the current location of the wireless device;
determining a merchant category associated with the transaction from a plurality of possible merchant categories by querying a lookup table mapping the merchant category code to the plurality of possible merchant categories;
determining a plurality of purchase categories corresponding to a plurality of items to be purchased in the transaction;
determining whether one or more user preferences associated with with merchant category for the transaction are previously stored in a memory;
identifying reward benefits offered by a plurality of financial account cards associated with the merchant category based on card data stored on the wireless device for the plurality of financial account cards, when the determination indicates that the one or more user preferences associated with the merchant category for the transaction are not stored previously in the memory;
automatically selecting one of the plurality of financial account cards to be utilized to purchase the items, wherein the financial account cards are selected based on the identified reward benefits offered by the plurality of financial account cards and the determined purchase categories of the items; and
communicating, to the merchant system, card data of the one of the plurality of financial account cards to facilitate the transaction.

2. The wireless device of claim 1 , wherein the operations further comprise determining merchant information associated with the merchant, wherein the merchant information comprises product identifiers associated with the plurality of items purchased in the transaction.

3. The wireless device of claim 1 , wherein the operations further comprise:
sending a request to a remote computer system to obtain the reward benefits for at least some of the financial account cards; and
determining a first financial account card to be utilized to purchase a first item of the plurality of items based at least in part on the obtained reward benefits.

4. The wireless device of claim 3 , wherein the operations further comprise:
determining a second financial account card to be utilized to purchase a second item of the plurality of items based at least in part on the obtained reward benefits, the second financial account card being different from the first financial account card.

5. The wireless device of claim 1 , wherein automatically selecting one of the financial account cards is further based on the one or more user preferences when the one or more user preferences are previously stored in the memory.

6. The wireless device of claim 5 , wherein the one or more user preferences comprise a preference to use at least one of the financial account cards based on reward acquisition information associated with the financial account cards.

7. The wireless device of claim 5 , wherein the one or more user preferences comprise a preference to use at least one of the financial account cards based on reward redemption information associated with the financial account cards.

8. The wireless device of claim 5 , wherein the one or more user preferences comprise a preference to use at least one of the financial account cards based on a merchant type.

9. The wireless device of claim 1 , wherein determining a plurality of purchase categories comprises:
receiving, from the merchant system, purchase categories corresponding to the items to be purchased.

10. The wireless device of claim 2 , wherein determining a plurality of purchase categories comprises:
determining purchase categories of the items based on the product identifiers.

11. A method for enabling a wireless device associated with a user to identify card data for use during a transaction at a merchant system, the method comprising:
transmitting a request to a merchant location system in response to an initiation of a transaction from the wireless device, wherein the request comprises a current location of the wireless device;
receiving, in response to the request, a merchant category code associated with a merchant closest to the current location of the wireless device;
determining, by one or more processors of the wireless device, merchant category associated with the transaction from a plurality of possible merchant categories by querying a lookup table mapping the merchant category code to the plurality of possible merchant categories;
determining, by the one or more processors, a first purchase category corresponding to a first item to be purchased in the transaction;
determining, by the one or more processors, a second purchase category corresponding to a second item to be purchased in the transaction, the second category being different from the first purchase category;
determining whether one or more user preferences associated with the merchant category for the transaction are previously stored in a memory;
identifying, by the one or more processors, reward benefits offered by a plurality of financial account cards associated with the merchant category based on card data stored on the wireless device for a plurality of financial account cards, when the determination indicates that the one or more user preferences associated with the merchant category for the transaction are not stored previously in the memory;
automatically selecting, by the one or more processors, a first financial account card from the plurality of financial account cards to be utilized to purchase the first item, the first financial account card being selected based on the identified reward benefits offered by the plurality of financial account cards and the determined first purchase category;
automatically selecting, by the one or more processors, a second financial account card from the plurality of financial account cards to be utilized to purchase the second item, the second financial account card being selected based on the identified reward benefits offered by the plurality of financial account cards and the determined second purchase category; and
communicating, to the merchant system via the wireless device, card data of the first financial account card and card data of the second financial account card to facilitate the transaction.

12. The method of claim 11 , further comprising determining merchant information associated with the merchant, wherein the merchant information comprises product identifiers associated with the plurality of items purchased in the transaction.

13. The method of claim 11 , further comprising:
sending a request to a remote computer system to obtain the reward benefits for at least some of the plurality of financial account cards; and
determining the first financial account card to be utilized to purchase the first item based at least in part on the obtained reward benefits.

14. The method of claim 13 , further comprising:
determining the second financial account card to be utilized to purchase the second item based at least in part on the obtained reward benefits, the second financial account card being different from the first

Assignees

• Capital One Services Llc

Inventors

• Loomis Daniel

Classifications

• G06Q20/322

  Aspects of commerce using mobile devices [M-devices] · CPC title

• G06Q20/227

  characterised in that multiple accounts are available, e.g. to the payer · CPC title

• G06Q30/0226 Primary

  Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems · CPC title

• G06Q30/0233

  Method of redeeming a frequent usage reward · CPC title