Methods and Systems For Making a Payment Via a Stored Value Card in a Mobile Environment

1 - 172 . (canceled)

173 . A method for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device connected for communications via a wireless network, the mobile device being connected via the wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, comprising the steps of:

displaying a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

generating a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

174 . The method of claim 173 , further comprising the step of providing a Mobile Wallet application on the mobile device.

175 . The method of claim 174 , wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

176 . The method of claim 175 , wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a selected financial service provider and wirelessly communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

177 . The method of claim 175 , further comprising the step of receiving selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

178 . The method of claim 175 , wherein the selection of a payment source for making the payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

179 . The method of claim 173 , further comprising the step of displaying the payee's pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee's pre-existing SV card.

180 . The method of claim 173 , wherein the payment instruction recipient is one of a financial service provider, a billing aggregator, an SV card issuer, and a retail establishment that handles SV cards.

181 . The method of claim 173 , wherein the mobile device comprises at least one of a mobile telephone, a personal digital assistant, a pager, a smartphone, a navigation device, and a hand-held computer with a wireless connection or link.

182 . A mobile device for making a financial payment to a payee via a stored value (SV) card, the mobile device being connected via a wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, comprising:

a display for displaying information relating to a plurality of selectable payment methods for effecting a payment to the payee, the plurality of selectable payment methods including an SV card payment method;

a wireless communications component for communicating with the MFTS via the wireless network; and

a mobile device processor operative to:

display a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

generate a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

wirelessly communicate the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

183 . The mobile device of claim 182 , wherein the mobile device processor is further operative to provide a Mobile Wallet application on the mobile device.

184 . The mobile device of claim 183 , wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

185 . The mobile device of claim 184 , wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a selected financial service provider and wirelessly communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

186 . The mobile device of claim 184 , wherein the mobile device processor is further operative to receive selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

187 . The mobile device of claim 184 , wherein the selection of a payment source for making the payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

188 . The mobile device of claim 182 , wherein the mobile device processor is further operative to displaying the payee's pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee's pre-existing SV card.

189 . The mobile device of claim 182 , wherein the payment instruction recipient is one of a financial service provider, a billing aggregator, an SV card issuer, and a retail establishment that handles SV cards.

190 . The mobile device of claim 182 , wherein the mobile device comprises at least one of a mobile telephone, a personal digital assistant, a pager, a smartphone, a navigation device, and a hand-held computer with a wireless connection or link.

191 . A mobile device for making a financial payment to a payee via a stored value (SV) card, the mobile device being connected via a wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, comprising:

means for displaying a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

means for generating a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

means for wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

192 . The mobile device of claim 191 , further comprising means for providing a Mobile Wallet application on the mobile device.

193 . The mobile device of claim 192 , wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

194 . The mobile device of claim 193 , wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a selected financial service provider and wirelessly communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

195 . The mobile device of claim 193 , further comprising means for receiving selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

196 . The mobile device of claim 193 , wherein the selection of a payment source for making the payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

197 . The mobile device of claim 191 , further comprising means for displaying the payee's pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee's pre-existing SV card.

198 . A computer program product comprising a non-transitory computer usable medium having a computer readable program code embodied therein, the computer readable program code adapted to be executed to implement a method for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device connected for communications via a wireless network, the mobile device being connected via the wireless network with a mobile financial transaction system (MFTS) that is operatively coupled to a payment instruction recipient capable of issuing an SV card to the payee, the method comprising:

instructions for displaying a plurality of selectable payment methods on the mobile device corresponding to a payment to be made to an identified payee, the plurality of selectable payment methods including an SV card payment method;

instructions for generating a mobile payment instruction comprising information corresponding to the identified payee and indicating the SV card payment method; and

instructions for wirelessly communicating the mobile payment instruction from the mobile device to the MFTS, wherein the MFTS is operatively coupled to a payment instruction recipient capable of issuing an SV card to the identified payee and the MFTS communicates a payment instruction to the payment instruction recipient and the payment instruction recipient effects the payment to the identified payee via an SV card by issuing a new SV card to the identified payee or adding value to a pre-existing SV card of the identified payee.

199 . The computer program product of claim 198 , further comprising instructions for providing a Mobile Wallet application on the mobile device.

200 . The computer program product of claim 199 , wherein the Mobile Wallet application provides a display on the mobile device of selectable commands including a Pay Anyone command, a Payment Source selection command, and a Payment Method selection command.

201 . The computer program product of claim 200 , wherein activation of a Payment Source selection command causes the MFTS to retrieve current account information from a selected financial service provider and wirelessly communicate current account information to the mobile device upon receipt of such information from the selected financial service provider.

202 . The computer program product of claim 200 , further comprising instructions for receiving selection of a payment source for making the payment in response to display of a Payment Source selection command via the Mobile Wallet.

203 . The computer program product of claim 200 , wherein the selection of a payment source for making the payment includes selection of a financial service provider and selection of a particular account associated with the selected financial service provider for making the payment.

204 . The computer program product of claim 198 , further comprising instructions for displaying the payee's pre-existing SV card account number for confirmation that the payment is to be made by crediting the payee's pre-existing SV card.