Patent ID: 9135612
Filing Date: 2015-09-15
Classification: G06Q,H04B,H04W

Abstract:
1. A method for one or more servers to facilitate the transfer of stored value from one or more devices, cards, or accounts to a wireless device comprising the steps of: receiving, by said one or more of the servers, a first message associated with a first wireless device or associated with an entity associated with said first wireless device, wherein receiving said first message further causes an initiation of a database query by the server relating to an inventory of stored value assets; receiving, by said one or more of the servers, first information also associated with said first wireless device or associated with said entity associated with said first wireless device, wherein the first information determines one or more merchant identities which are in proximity to said first wireless device; receiving, by said one or more of the servers from the first wireless device, second information also associated with said first wireless device or associated with said entity associated with said first wireless device, wherein said second information includes a desired, expected or an ongoing target transaction charge amount associated with a target transaction between said one or more merchant identities and said first wireless device or with said entity associated with said first wireless device; initiating, by said one or more of the servers, as a result of the reception of the first message, said database query, wherein the database query determines one or more stored value assets associated with at least one of said one or more merchant identities, wherein said database query utilizes as inputs, at least both: at least one of said one or more merchant identities; and, said target transaction charge amount, selecting, by said one or more of the servers, one or more selected stored value assets from a result of said database query which meet specific criteria; and sending, by said one or more of the servers, subsequent to the selecting by said one or more of the servers of said one or more selected stored value assets, a redemption identifier message to said first wireless device, said redemption identifier message comprising one or more redemption identifiers.