Patent ID: 8160959
Filing Date: 2012-04-17
Classification: G06Q

Abstract:
1. A mobile phone comprising: a display for presenting information relating to a plurality of selectable payment sources, each payment source comprising a financial service provider at which one or more accounts are maintained, a plurality of selectable payment methods, and a plurality of selectable payments to make, the plurality of selectable payments to make comprises unpaid payment obligations of a mobile phone user; a user input for receiving user selection of a payment source from the plurality of selectable payment sources, user selection of a payment method from the plurality of selectable payment methods, and user selection of a payment to make from the plurality of selectable payments to make, the plurality of selectable payment methods includes a recipient-defined method; a wireless communications component for communicating with a mobile financial transaction system (MFTS) via a wireless network; and a mobile phone processor operative to: