Patent ID: 8255284

Claim:
A mobile device comprising: one or more processors; a location sensor coupled to the one or more processors; a memory coupled to the one or more processors, the memory comprising user information; and a transaction module coupled to the one or more processors, the transaction module configured to: receive a selection of a merchant from a list of multiple merchants that conduct transactions with mobile devices; receive a designation of a level of transaction verification for the merchant, the level of transaction verification comprising one of zero interaction, a single interaction, or multiple interactions; receive a selection of at least a portion of the user information to share with the merchant; initiate a transaction between the merchant and the mobile device when the mobile device is located within a threshold proximity of the merchant, a location of the mobile device determined at least in part by the location sensor and the transaction implemented at least in part by the portion of the user information and when the level of transaction verification designated for the merchant is received.