Patent ID: 8500031

Claim:
A wearable article configured for providing payment information to a point of sale terminal, the wearable article comprising: an electronic device carried by the wearable article wearable by a customer, the electronic device comprising: an energy storage element configured to power the electronic device; a memory device configured for storing account information corresponding to two or more accounts owned by the customer; a communication device configured for: receiving a signal from the point of sale terminal requesting payment information; receiving a financial indicator from a remote device, the financial indicator based at least in part on a financial health state associated with the customer, the financial health state based at least in part on a comparison between a current balance of one or more accounts associated with the customer and a pre-established threshold stored as part of a pre-established financial indicator profile, the financial indicator being communicated by the remote device in accordance with a pre-established financial indicator profile; a user output device operatively coupled to the communication device and configured to communicate user output to the customer based at least partially on the financial indicator received by the communication device; and a processing device coupled with the energy storage element, the memory device, and the communication device, the processing device configured for receiving a communication from the communication device corresponding to a request for payment information from the point of sale terminal, receiving customer input selecting one of the two or more accounts owned by the customer, presenting to the customer an indicator indicating the account selected by the customer, reading at least a portion of the account information, the portion corresponding with the selected account, from the memory device, and instructing the communication device to communicate the portion of the account information read from the memory device to the point of sale terminal in response to the request.