System and Method of Processing Payment Transactions via Mobile Devices

1 . An adaptive payment server for processing payment transactions, comprising:

a processor configured to:

receive, from a mobile device, a request to process a credit card transaction via a credit card, the request comprising first identification information retrieved from the credit card via the mobile device;

receive, from the mobile device, a request to process a debit card transaction via a debit card, the request comprising second identification information retrieved from the debit card via the mobile device;

process the credit card transaction based on the first identification information; and

process the debit card transaction based on the second identification information.

2 . The server of claim 1 , wherein the first identification information comprises a first identifier that identifies a payment account associated with the credit card and the second identification information comprises a second identifier that identifies a payment account associated with the debit card.

3 . The server of claim 2 , wherein the first identifier is encrypted, and wherein the request to process the credit card transaction comprises the encrypted first identifier.

4 . The server of claim 2 , wherein the second identifier is encrypted, and wherein the request to process the debit card transaction comprises the encrypted second identifier and an encrypted debit card PIN.

5 . The server of claim 2 , wherein the first identifier and the second identifier are encrypted, wherein the request to process the credit card transaction comprises the encrypted first identifier, the request to process the debit card transaction comprises the encrypted second identifier and an encrypted debit card PIN, and wherein the processor is further configured to:

decrypt the encrypted first identifier;

decrypt the encrypted second identifier and the encrypted debit card PIN;

process the credit card transaction based on the decrypted first identifier; and

process the debit card transaction based on the decrypted second identifier and the decrypted debit card PIN.

6 . The server of claim 1 , wherein the processor is further configured to:

receive, from the mobile device, a request to process an EBT cash benefits transaction via an EBT card, the request comprising third identification information retrieved from the EBT card via the mobile device; and

process the EBT cash benefits transaction based on the third identification information.

7 . The server of claim 1 , wherein the processor is further configured to:

receive, from the mobile device, a request to process an EBT food stamps transaction via an EBT card, the request comprising fourth identification information retrieved from the EBT card via the mobile device; and

process the EBT food stamps transaction based on the fourth identification information.

8 . A method for processing payment transactions, comprising:

receiving, from a mobile device, a request to process a credit card transaction via a credit card, the request comprising first identification information retrieved from the credit card via the mobile device;

receiving, from the mobile device, a request to process a debit card transaction via a debit card, the request comprising second identification information retrieved from the debit card via the mobile device;

processing the credit card transaction based on the first identification information; and

processing the debit card transaction based on the second identification information.

9 . The method of claim 8 , wherein the first identification information comprises a first identifier that identifies a payment account associated with the credit card and the second identification information comprises a second identifier that identifies a payment account associated with the debit card.

10 . The method of claim 9 , wherein the first identifier is encrypted, and wherein the request to process the credit card transaction comprises the encrypted first identifier.

11 . The method of claim 9 , wherein the second identifier is encrypted, and wherein the request to process the debit card transaction comprises the encrypted second identifier and an encrypted debit card PIN.

12 . The method of claim 9 , wherein the first identifier and the second identifier are encrypted, wherein the request to process the credit card transaction comprises the encrypted first identifier, the request to process the debit card transaction comprises the encrypted second identifier and an encrypted debit card PIN, and wherein the method further comprising:

decrypting the encrypted first identifier;

decrypting the encrypted second identifier and the encrypted debit card PIN;

processing the credit card transaction based on the decrypted first identifier; and

processing the debit card transaction based on the decrypted second identifier and the decrypted debit card PIN.

13 . The method of claim 8 , wherein the method further comprising:

receiving, from the mobile device, a request to process an EBT cash benefits transaction via an EBT card, the request comprising third identification information retrieved from the EBT card via the mobile device; and

processing the EBT cash benefits transaction based on the third identification information.

14 . The method of claim 8 , wherein the method further comprising:

receiving, from the mobile device, a request to process an EBT food stamps transaction via an EBT card, the request comprising fourth identification information retrieved from the EBT card via the mobile device; and

processing the EBT food stamps transaction based on the fourth identification information.