Method and system for setting levels of electronic wallet security
View Patent ↗A method of a portable electronic device providing payment from an electronic wallet is provided. The method comprises prompting for input of a personal identification number (PIN) after the wallet has been opened and providing payment from the wallet after receiving the PIN, when the wallet is configured to a first level of security. The method also comprises providing payment from the wallet after the wallet has been opened, when the wallet is configured to a second level of wallet security, wherein the PIN is not contemporaneously input. The method also comprises providing payment from the wallet when the electronic portable device has been activated, when the wallet is configured to a third level of wallet security, wherein the wallet is not opened and the PIN is not contemporaneously input.
1. A portable electronic device, comprising:
a contactless communication interface configured to transmit payment information to a point-of-sale (POS) terminal to complete a payment transaction;
an input component configured to receive control inputs;
an electronic wallet comprising one or more 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 electronic device is active; and
a processor configured to execute instructions of the electronic wallet to provide payment information to complete the payment transaction based on a current level of user configured electronic wallet security,
wherein responsive to the electronic wallet being configured by a user for the first level of electronic wallet security or responsive to a first initialization of the electronic wallet, the processor executes the electronic wallet at the first level of electronic wallet security and promotes sending payment information to the POS terminal via the contactless communication interface by launching the electronic wallet and requiring the PIN to complete the payment transaction,
wherein responsive to the electronic wallet being configured by the user for the second level of electronic wallet security, the processor executes the electronic wallet at the second level of electronic wallet security and promotes sending payment information to the POS terminal via the contactless communication interface by launching the electronic wallet without requiring the PIN to complete the payment transaction, and
wherein responsive to the electronic wallet being configured by the user for the third level of electronic wallet security, the processor executes the electronic wallet at the third level of electronic wallet security and promotes sending payment information to the POS terminal via the contactless communication interface without requiring a PIN and without launching the electronic wallet to complete the payment transaction.
2. The portable electronic device of claim 1 wherein the electronic wallet is configured to the first level of electronic wallet security when the electronic wallet has no payment card set up, wherein the electronic wallet is reconfigured from the first level of electronic wallet security to the second level of electronic wallet security when a remember PIN option for one of the one or more payment cards associated with the electronic wallet is selected for the first time with the input component, and wherein the electronic wallet is reconfigured to the third level of electronic wallet security when an always on option of one of the one or more payment cards of the electronic wallet that is not a transit card is selected for the first time with the input component.
3. The system of claim 1 wherein the portable electronic device is a mobile phone or a personal digital assistant.
4. The system of claim 1 wherein the one or more payment cards comprise at least one transit card, and wherein the at least one transit card is allowed to be made always on.
5. The system of claim 1 wherein only a single payment card of the one or more payment cards that is not a transit card is allowed to be made always on.
6. The system of claim 1 wherein the PIN is associated with the electronic wallet.
7. The system of claim 1 wherein the electronic wallet is configured by the user for the third level of electronic wallet security by receiving a selection for a payment card to remain on from the user.
8. The system of claim 1 wherein the electronic wallet is configured by the user for the second level of electronic wallet security by receiving a selection for remembering the PIN from the user.
9. The system of claim 1 wherein the one or more payment cards comprise a credit card, a debit card, and/or a transit card.
10. The system of claim 1 wherein the first initialization of the electronic wallet comprises the electronic wallet having no payment card set up.
11. The system of claim 1 wherein some of the one or more payment cards have different levels of security.