Interoperable mobile wallet refund

Patent metadata

Field	Value
Publication number	US-9715689-B1
Application number	US-201314030929-A
Country	US
Kind code	B1
Filing date	Sep 18, 2013
Priority date	Dec 17, 2012
Publication date	Jul 25, 2017
Grant date	Jul 25, 2017

Abstract

A computer-implemented system and method that includes receiving, by a messaging hub computer system, from a point of sale (POS) device of a merchant, a request to process a refund for a transaction that occurred between the merchant and a mobile device of a payor, the request comprising a previously used code that was exchanged between the POS device and the mobile device. The method includes determining, by the messaging hub computer system, a first financial institution based at least partially on a portion of the code, and receiving, from a computer system of the first financial institution, payment credential information of an account held by the payor to process the refund using the payment credential information. The method may further include transferring, by the messaging hub computer system, the refund from an account held by the merchant to the account held by the payor.

First claim

What is claimed is:

1. A computer-implemented method, comprising: transmitting, by a recipient bank computer system to a messaging hub computer system, a refund transaction request received from a mobile wallet bank computer associated with a payor, the refund transaction request regarding a previous transaction between a merchant and the payor, the messaging hub computer system serving as an intermediary between the recipient bank computer system and a card issuer computer system, the refund transaction request comprising (i) a previously used dynamic token to facilitate identification of the card issuer computer system based on a portion of the previously used dynamic token, (ii) a refund transaction amount, and (iii) an indication that the transaction is a refund transaction; responsive to the identification, receiving, by the recipient bank computer system, underlying payment credential information from the card issuer computer system via the messaging hub computer system, the underlying payment credential information retrieved from the card issuer computer system based on the previously used dynamic token, the underlying payment credential information utilized by the recipient bank computer system to facilitate routing of the refund transaction, wherein the underlying payment credential information is associated with an account held by the payor that was used for the previous transaction; and transferring, by the recipient bank computer system, the refund from an account held by the merchant to the account held by the payor identified using the underlying payment credential information.

2. The method of claim 1 , further comprising receiving, by the recipient bank computer system, the refund transaction request for the previous transaction from a POS device (Point of Sale), the request comprising the previously used dynamic token, the refund transaction amount, and the indication that the transaction is a refund transaction.

3. The method of claim 1 , wherein the underlying payment credentials transmitted to the recipient bank computer comprises an actual card number or the demand deposit account number.

4. The method of claim 1 , wherein the underlying payment credential information is received by only the recipient bank computer system.

5. The method of claim 2 , wherein the recipient bank computer system transmits an approval for the refund transaction to the POS device.

6. The method of claim 2 , further comprising: transmitting, by the recipient bank computer system, loyalty information to the POS device; and receiving, by the recipient bank computer system, a final transaction amount related to the loyalty information from the POS device.

7. The method of claim 2 , further comprising: receiving, by the recipient bank computer system, loyalty information and payment information from the messaging hub computer system; transmitting, by the recipient bank computer system, the loyalty information to the POS device; receiving, by the recipient bank computer system, a final transaction amount related to the loyalty information from the POS device; and processing, by the recipient bank computer system, the refund transaction using the payment information received from the messaging hub computer system.

8. The method of claim 2 , further comprising providing, by the recipient bank computer system, an indication whether the refund transaction is approved or declined to the POS device.

9. The method of claim 1 , further comprising providing, by the recipient bank computer system, an indication whether the refund transaction is approved or declined through the messaging hub computer system.

10. The method of claim 2 , further comprising: receiving, by the recipient bank computer system a request for a numerical code from the POS device; creating, by the recipient bank computer system, the numerical code; and sending, by the recipient bank computer system, the numerical code to the POS device.

11. The method of claim 2 , further comprising: receiving, by the recipient bank computer system, a numerical code from the messaging hub computer system; determining, by the recipient bank computer system, validity of the numerical code and if the numerical code is expired or has been previously used; determining, by the recipient bank computer system, merchant identification for the POS device; and
transmitting, by the recipient bank computer system, the merchant identification to the messaging hub computer system.

12. The method of claim 1 , wherein the request further comprises a merchant identifier and an issuer identifier that identifies an issuer of a credit card that was used for the previous transaction.

Assignees

• Wells Fargo Bank Na
• Wells Fargo Bank Na

Inventors

• Ellis Stephen M
• Kennedy Michael J
• Kurani Ashish Bhoopen
• Lowry Melissa
• Meyyappan Uma
• Sahni Bipin
• Stroke Nikolai

Classifications

• G06Q30/016

  After-sales · CPC title

• G06Q20/20

  Point-of-sale [POS] network systems · CPC title

• G06Q20/322

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

• G06Q20/405

  Establishing or using transaction specific rules · CPC title

• G06Q20/367 Primary

  involving electronic purses or money safes · CPC title