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

Patent metadata

Field	Value
Publication number	US-10825040-B2
Application number	US-201816148495-A
Country	US
Kind code	B2
Filing date	Oct 1, 2018
Priority date	Aug 25, 2014
Publication date	Nov 3, 2020
Grant date	Nov 3, 2020

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 payment at a merchant system, the wireless device comprising:
a location system configured to determine a location of the wireless device;
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:
determining a category of an item to be purchased in a transaction at the merchant system by:
sending a request to one or more remote computer systems to obtain a category for a closest merchant corresponding to the location of the wireless device; and
determining the category of the item based at least in part on the category for the closest merchant;

determining, based at least in part on card data stored on the wireless device for a plurality of financial account cards, rewards benefit information for at least one of the financial account cards;
determining a first financial account card to be utilized to purchase the item, the first financial account card being determined based at least in part on the determined rewards benefit information and the determined category of the item; and
communicating to the merchant system card data of the first financial account card to facilitate payment at the merchant system.

2. The wireless device of claim 1 , further comprising:
a display screen configured to display information for the financial account cards and an identification of the first financial account card.

3. The wireless device of claim 1 , wherein determining rewards benefit information comprises:
sending a request to one or more remote computer systems to obtain the rewards benefit information; and
receiving the rewards benefit information.

4. The wireless device of claim 1 , wherein the instructions further cause the one or more processors to perform the operations of:
receiving a user preference related to the first financial account card and wherein the determination of the first financial account card is based at least in part on the user preference.

5. The wireless device of claim 4 , wherein the user preference includes a preference to use the first financial account card based on reward acquisition information associated with the plurality of financial account cards.

6. The wireless device of claim 4 , wherein the user preference includes a preference to use the first financial account card based on reward redemption information associated with the plurality of financial account cards.

7. The wireless device of claim 4 , wherein the user preference includes a preference to use the first financial account card based on the merchant type.

8. The wireless device of claim 1 , wherein the instructions further cause the one or more processors to perform the operations of:
determining a second financial account card to be utilized to purchase a second item to be purchased in the same transaction at the merchant system.

9. The wireless device of claim 8 , wherein the instructions further cause the one or more processors to perform the operations of:
determining a category of the second item based at least in part on the location of the wireless device; and
determining the second financial account card to be utilized to purchase the second item based at least in part on the determined rewards benefit information and the determined category of the second item.

10. 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:
determining, by one or more processors, a location of the wireless device;
determining, by the one or more processors, a category of an item to be purchased in the transaction by:
sending a request to one or more remote computer systems to obtain a category for a closest merchant corresponding to the location of the wireless device; and
determining the category of the item based at least in part on the category for the closest merchant;

determining, by the one or more processors, based at least in part on card data stored on the wireless device for a plurality of financial account cards, rewards benefit information for at least one of the financial account cards;
determining, by the one or more processors, a first financial account card to be utilized to purchase the item, the first financial account card being determined based at least in part on the determined rewards benefit information and the determined category of the item; and
communicating, to the merchant system via the wireless device, card data of the first financial account card to facilitate payment at the merchant system.

11. The method of claim 10 , further comprising:
displaying, via a display screen, information for the financial account cards and an identification of the first financial account card.

12. The wireless device of claim 11 , further comprising:
receiving, through a graphical user interface displayed on the display screen, a selection of a second financial account card;
communicating, to the merchant system via the wireless device, card data of the second financial account card to facilitate payment at the merchant system.

13. The method of claim 10 , further comprising:
sending a request to one or more remote computer systems to obtain the rewards benefit information; and
receiving the rewards benefit information.

14. The method of claim 10 , further comprising:
receiving a user preference related to the first financial account card and wherein the determination of the first financial account card is based at least in part on the user preference.

15. The method of claim 14 , wherein the user preference includes a preference to use the first financial account card based on reward acquisition information associated with the plurality of financial account cards.

16. The method of claim 14 , wherein the user preference includes a preference to use the first financial account card based on reward redemption information associated with the plurality of financial account cards.

17. The method of claim 14 , wherein the user preference includes a preference to use the first financial account financial account card based on the merchant type.

18. The method of claim 10 , further comprising:
determining a second financial account card to be utilized to purchase a second item to be purchased in the same transaction at the merchant system.

19. The wireless device of claim 18 , further comprising:
determining a category of the second item based at least in part on the location of the wireless device; and
determining the second financial account card to be utilized to purchase the second item based at least in part on the determined rewards benefit information and the determined category of the second item.

20. A non-transitory computer readable medium storing instructions that, when executed by one or more processors, causes the one or more processors to perform operations comprising:
determining a location of the wireless device;
determining a category of an item to be purchased in a transaction at the merchant system by:
sending a request to one or more remote computer systems to obtain a category for a closest merchant corresponding to the location of the wireless device; and
determining the category of the item based at least in part on the category for the closest merchant;

determining, based at least in part on card data stored on the wireless device for a plurality of financial acc

Assignees

• Capital One Services Llc

Inventors

• Loomis Daniel

Classifications

• 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

• G06Q20/227

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

• G06Q20/322

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