Patent ID: 8565723

Claim:
A system comprising: a mobile device including a near field communications (NFC) transponder and a mobile wallet, wherein the mobile device is configured to receive a one-time password from the mobile wallet that was received from a mobile wallet server, maintain the one-time password associated with a plurality of financial account numbers from multiple financial institutions in the mobile wallet, display the plurality of financial account numbers, receive a user selection of one of the plurality of financial account numbers, and communicate both the selected financial account number via the NFC transponder and the one-time password when performing a transaction, wherein the one-time password is displayed to permit the user to enter manually the one-time password to a point of sale (POS) device; and the mobile wallet server configured to communicate with a communication network and comprising a password generator that generates the one-time passwords at predetermined intervals, the mobile wallet server configured to associate the one-time passwords with the plurality of financial account numbers, and communicates the one-time passwords to the mobile device through the communication network.