Patent ID: 8467766
Filing Date: 2013-06-18
Classification: G06Q

Abstract:
1. A mobile phone for selecting a payment source for making a mobile financial payment via a wireless network, comprising: a mobile phone connected for wireless communications via a mobile communication service provider to a mobile financial transaction system (MFTS), the mobile phone including a display, user input means, a processor, and a memory; and mobile phone software operative on the mobile phone processor comprising program code for carrying out the computer-implemented steps of: wirelessly receiving summarized payment source information from a mobile financial transaction system (MFTS), the summarized payment source information based on payment source information received from a financial service provider with whom a user maintains a relationship; displaying information corresponding to a payment to make; displaying information corresponding to a plurality of accounts available to the user as a payment source for use in connection with making the payment, wherein the information corresponding to a plurality of accounts available to the user as a payment source includes a first screen that displays all of the accounts available for selection as a payment source, and a second screen corresponding to each of the accounts available for selection as a payment source that displays information related to the corresponding payment source; receiving user selection of a payment source from the plurality of available accounts; generating a mobile payment instruction comprising information corresponding to the payment and a selected payment source for making the payment; and wirelessly communicating the mobile payment instruction to the MFTS, whereby in response to receipt of the mobile payment instruction, the MFTS effects the payment utilizing the selected payment source.