Patent ID: 7707113

Claim:
A method of completing a payment transaction using an electronic wallet on a portable device, comprising: storing, by the electronic wallet stored in a memory of the portable device and being executed by a processor of the mobile device, multiple payment cards, wherein the electronic wallet has first, second, and third user configured levels of electronic wallet security for providing payment information to complete a transaction when the portable device is active; responsive to receiving, by the electronic wallet, a third set of selections from a user, executing the electronic wallet at the third level of electronic wallet security, wherein the third set of selections comprises a selection for a payment card to remain on, and wherein the third level of electronic wallet security comprises providing payment information without launching the electronic wallet and without requiring a PIN input to complete the payment transaction; responsive to receiving, by the electronic wallet, a second set of selections from a user, executing the electronic wallet at the second level of electronic wallet security, wherein the second set of selections comprises a selection for remembering the PIN, and wherein the second level of electronic wallet security comprises providing payment information by launching the electronic wallet without requiring the PIN input to complete the payment transaction; responsive to receiving, by the electronic wallet, a first set of selections from a user or responsive to a first initialization of the electronic wallet, executing the electronic wallet at the first level of electronic wallet security, wherein the first level of electronic wallet security comprises providing payment information by launching the electronic wallet and requiring the PIN input to complete the payment transaction; and providing, by the electronic wallet, payment information to complete the payment transaction based on a current level of user configured electronic wallet security.