SYSTEM AND METHOD FOR PROVIDING A MOBILE WALLET SHOPPING COMPANION APPLICATION
A system and method in accordance with example embodiments may include systems and methods for providing a mobile wallet shopping companion application. In an example embodiment, a method for providing a mobile wallet shopping companion application includes, receiving, via a network, confirmation of a transaction using a financial account; receiving, via a network, data relating to both the financial account and a customer associated with the financial account; and transmitting, via a network, processing the data relating to the financial account and the customer associated with the financial account in order to create a tailored offer and/or targeted data for the customer.
1 . A mobile wallet shopping companion system comprising:
a transaction manager that generates payment data and provides the payment data to a customer for user with a transaction;
an authorization module that receives, via a network, the transaction data and the payment data;
a database that stores, and is capable of providing, transaction specific data in response to an authorized transaction, wherein the transaction specific data is customer specific;
a processor that processes the authorization and transaction specific data; and
an output that transmits, via a network, the authorization and transaction specific data.
2 . The system of claim 1 , wherein the transaction specific data is transmitted to a mobile device of the customer.
3 . The system of claim 2 , wherein the transaction specific data is provided to a native application on the mobile device.
4 . The system of claim 1 , wherein the authorization and transaction specific data are transmitted via the same network.
5 . The system of claim 1 , wherein the authorization and transaction specific data are transmitted via the different networks.
6 . The system of claim 5 , wherein the authorization data is transmitted via an authorization network and the transaction specific data is transmitted via a wireless network.
7 . The system of claim 1 , wherein the transaction specific data includes an offer.
8 . The system of claim 7 , wherein the payment data relates to a first merchant and the transaction specific data relates to a second merchant.
9 . The system of claim 7 , wherein the payment and the transaction specific data relate to the same merchant.
10 . The system of claim 1 , wherein the processor uses location data to process the transaction specific data.
11 . A method, comprising:
generating, using a transaction manager, payment data;
providing the payment data to customer for user with a transaction;
receiving, at an authorization module via a network, the transaction data and the payment data;
storing in a database transaction specific data in response to an authorized transaction, wherein the transaction specific data is customer specific;
processing, using a processor, the authorization and transaction specific data; and
transmitting, via a network, the authorization and transaction specific data.
12 . The method of claim 11 , further comprising transmitting the transaction specific data to a mobile device of the customer.
13 . The method of claim 12 , further comprising providing the transaction specific data to a native application on the mobile device.
14 . The method of claim 11 , further comprising transmitting the authorization and transaction specific data via the same network.
15 . The method of claim 11 , further comprising transmitting the authorization and transaction specific data via the different networks.
16 . The method of claim 15 , wherein the authorization data is transmitted via an authorization network and the transaction specific data is transmitted via a wireless network.
17 . The method of claim 11 , wherein the transaction specific data includes an offer.
18 . The method of claim 17 , wherein the payment data relates to a first merchant and the transaction specific data relates to a second merchant.
19 . The method of claim 17 , wherein the payment and the transaction specific data relate to the same merchant.
20 . The method of claim 11 , further comprising using location data to process the transaction specific data.