Real-time balance updates

1. A method comprising:

triggering a notification using a notification device of a consumer, wherein the notification is triggered by placing the notification device near a portable consumer device; and

receiving the notification on the notification device,

wherein the notification device belongs to the consumer and comprises a contactless receiver, a processor, a computer-readable medium, and a display,

wherein the portable consumer device belongs to the consumer and is associated with an account identifier and comprises a payment device and a contactless transmitter,

wherein the notification comprises dynamic data associated with the account, and

wherein by placing the portable consumer device near the notification device, a signal is sent from the contactless transmitter on the portable consumer device to the contactless receiver on the notification device.

2. The method of claim 1 , wherein the dynamic data is a real-time balance update.

3. The method of claim 1 , wherein the dynamic data is a real-time rewards information update.

4. The method of claim 1 , wherein the notification with the dynamic data is provided to consumer on the display of the notification device.

5. The method of claim 4 , wherein the notification with the dynamic data is provided in response to a request for the notification by the consumer on the notification device.

6. A method of claim 1 ,

wherein the notification device is a phone, and

wherein the notification sent to the notification device includes at least one of a phone call, voicemail, short message service (SMS), instant message (IM), or email.

7. A method of claim 1 , wherein the dynamic data is based on a transaction conducted using the portable consumer device at an access device located at a merchant.

8. The method of claim 1 , wherein the notification device sends a request for the notification to a notification server in operative communication with a payment processing network.

9. A method of claim 1 , wherein the notification device and the portable consumer device are separate devices.

10. A system comprising:

a payment processing network for generating and storing dynamic data; and

a notification server, comprising a processor and a computer-readable medium, coupled to the payment processing network, the notification server configured to:

when a notification with dynamic data is triggered, retrieve the dynamic data from the payment processing network, wherein the dynamic data is associated with an account associated with a portable consumer device belonging to a consumer, wherein the portable consumer device comprises a payment device and a contactless transmitter; and

send the notification with the dynamic data to a notification device belonging to the consumer, wherein the notification with dynamic data is provided to the consumer and wherein the notification device includes a contactless receiver,

wherein the notification with dynamic data is triggered by placing the notification device near the portable consumer device such a contactless signal is sent from the contactless transmitter on the portable consumer device to the contactless receiver on the notification device.

11. The system of claim 10 , wherein the notification server is further configured to:

retrieve enrollment information; and

confirm that consumer is enrolled to receive the notification based on the enrollment information.

12. The system of claim 10 ,

wherein the dynamic data is based on an amount of a transaction being conducted.

13. The system of claim 10 , wherein the dynamic data is based on an amount of rewards available for redemption after a transaction.

14. A system of claim 13 , wherein the transaction is a most recent transaction.

15. A method comprising:

when a notification with dynamic data is triggered, retrieving the dynamic data associated with an account associated with a portable consumer device belonging to a consumer; and

sending the notification with the dynamic data to a notification device belonging to the consumer, wherein the notification with the dynamic data is provided to the consumer,

wherein the notification device belongs to the consumer and comprises a contactless receiver, a processor, a computer-readable medium, and a display,

wherein the portable consumer device comprises a payment device and a contactless transmitter,

wherein the notification comprises dynamic data associated with the account, and

wherein the notification is triggered by placing the notification device near the portable consumer device such a contactless signal is sent from the contactless transmitter on the portable consumer device to the contactless receiver on the notification device.

16. A method of claim 15 , wherein the dynamic data is a real-time balance update.

17. A method of claim 15 , wherein the dynamic data is a real-time rewards information update.

18. A method of claim 15 , further comprising:

retrieving enrollment information; and

confirming that consumer is enrolled to receive the notification based on the enrollment information.

19. A method of claim 15 , wherein the notification is triggered by a request for the notification with dynamic data sent from the notification device.

20. A method of claim 15 , wherein the notification with the dynamic data is provided to consumer on a display of the notification device.

21. A method of claim 15 ,

wherein the notification device is a phone, and

wherein the notification sent to the notification device includes at least one of a phone call, voicemail, short message service (SMS), instant message (IM), or email.

22. A method of claim 15 , wherein the dynamic data is based on an amount of a transaction and the transaction occurs at an access device located at a merchant.

23. A non-transitory computer-readable medium, executable by a processor, for performing a method comprising the steps of:

when a notification with dynamic data is triggered, retrieving the dynamic data associated with an account associated with a portable consumer device belonging to a consumer;

sending the notification with the dynamic data to a notification device belonging to the consumer, wherein the notification with the dynamic data is provided to the consumer; and

wherein the notification device belongs to the consumer and comprises a contactless receiver, a processor, a computer-readable medium, and a display,

wherein the portable consumer device comprises a payment device and a contactless transmitter,

wherein the notification comprises dynamic data associated with the account, and

wherein the notification is triggered by placing the notification device near the portable consumer device such a contactless signal is sent from the contactless transmitter on the portable consumer device to the contactless receiver on the notification device.