Patent ID: 7720762

Claim:
A computer implemented method for facilitating a value exchange, said method comprising: providing to an account holder a first account, wherein said first account is associated with a service provider and is used in a mobile wireless communications device for making a purchase transaction; associating a second account of the account holder with said first account, wherein said second account is a bank deposit, debit or credit account of the account holder; receiving information indicative of said first account that was transmitted by said mobile wireless communications device during said purchase transaction, wherein said receiving information indicative of said first account that was transmitted by said mobile wireless communications device during said purchase transaction is performed by at least one electronic processor; authorizing said purchase transaction, wherein said authorizing said purchase transaction is performed by at least one electronic processor; and determining a relationship between a monetary value associated with said purchase transaction and a per transaction threshold amount, wherein said per transaction threshold amount is an amount for which said service provider is willing to at least partially financially guarantee payment, wherein said determining the relationship between said monetary value associated with said purchase transaction and said threshold amount is performed with at least one electronic processor; settling said purchase transaction with said first account when said monetary value associated with said purchase transaction is less than said threshold amount, wherein said settling said purchase transaction with said first account when said monetary value associated with said purchase transaction is less than said threshold amount is performed with at least one electronic processor; and causing said purchase transaction to be settled with said second account when said monetary amount of said purchase transaction is greater than said threshold amount, wherein said causing said purchase transaction to be settled with said second account when said monetary amount of said purchase transaction is greater than said threshold is performed with at least one electronic processor, wherein when said purchase transaction is settled with said first account, said purchase transaction is guaranteed at least in part by said service provider associated with said first account.