Mobile barcode generation and payment

1. A system comprising:

a memory storing account information for a plurality of users, wherein the account information comprises a user identifier, user funding sources, and barcode information for a barcode for use in a transaction, wherein the user funding sources are selected from a group comprising credit cards, debit cards, gift cards, and store credit accounts; and

a payment service provider comprising a computer processor communicatively coupled to the memory and configured to:

receive information about a user account and information about a merchant or location from a user device;

automatically determine a first plurality of funding sources available for use by the user based on the information received about the user account and the information received about the merchant or location;

communicate a second plurality of funding sources from the first plurality of funding sources to the user device;

receive a selection from the user of at least two funding sources from the second plurality of funding sources for completing funding of the transaction with the merchant;

generate a barcode containing the at least two funding sources of the second plurality of funding sources for display on the user device;

receive information contained in the barcode from the barcode being scanned on the user device by a merchant point of sale device; and

process the payment based, at least in part, on the received information contained in the barcode, wherein the processing of the payment includes at least a debit from each of the at least two funding sources of the plurality of funding sources.

2. The system of claim 1 , wherein the computer processor is further configured to:

receive information about the transaction; and

automatically determine the first plurality of funding sources available for use by the user based further on the information received about the transaction.

3. The system of claim 1 , wherein the second plurality is less than the first plurality.

4. The system of claim 1 , wherein the barcode is generated prior to a first item in the transaction being scanned.

5. The system of claim 4 , wherein the barcode comprises information for one or more loyalty, reward, and/or membership numbers for a merchant receiving the payment.

6. The system of claim 1 , wherein the barcode is scanned by a smart phone or computing tablet.

7. The system of claim 1 , wherein the computer processor is further configured to receive a selection from the user of offers to be accepted for possible use with the payment.

8. The system of claim 7 , wherein the selection is from offers presented to the user on the user device and determined by a service provider based on the information about the user account or the information about the merchant or location.

9. The system of claim 1 , wherein the barcode is valid only for a single use.

10. The system of claim 1 , wherein the barcode has conditions for use predetermined by the user.

11. The system of claim 1 , wherein the computer processor is further configured to generate a barcode receipt for the payment.

12. The system of claim 1 , wherein the first plurality and the second plurality are the same.

13. A non-transitory machine-readable medium comprising a plurality of machine-readable instructions which when executed by one or more processors of a server are adapted to cause the server to perform a method comprising:

receiving information about a user account and information about a merchant or location from a user device, wherein the information about the user account comprises at least user preferences associated with a plurality of funding sources selected from a group comprising credit cards, debit cards, gift cards, and store credit accounts;

automatically determining a first plurality of funding sources available for use by the user based on the information received about the user account and the information received about the merchant or location;

communicating a second plurality of funding sources from the first plurality of funding sources to the user device;

receiving a selection from the user of at least two funding sources from the second plurality of funding sources for completing funding of the transaction with the merchant;

generating a barcode containing the at least two funding sources of the second plurality of funding sources for display on the user device;

receiving information contained in the barcode from the barcode being scanned on the user device by a merchant point of sale device; and

processing the payment based, at least in part, on the received information contained in the barcode, wherein the processing of the payment includes at least a debit from each of the at least two funding sources of the plurality of funding sources.

14. The non-transitory machine-readable medium of claim 13 , wherein the method further comprises:

receiving information about the transaction; and

automatically determining the first plurality of funding sources available for use by the user based further on the information received about the transaction.

15. The non-transitory machine-readable medium of claim 13 , wherein the second plurality is less than the first plurality.

16. The non-transitory machine-readable medium of claim 13 , wherein the barcode is generated prior to a first item in the transaction being scanned.

17. The non-transitory machine-readable medium of claim 13 , wherein the barcode comprises information for one or more loyalty, reward, and/or membership numbers for a merchant receiving the payment.

18. The non-transitory machine-readable medium of claim 13 , wherein the barcode is scanned by a smart phone or computing tablet.

19. The non-transitory machine-readable medium of claim 13 , wherein the barcode comprises information for one or more offers selected by a user from a plurality offers presented to the user on the user device.

20. The non-transitory machine-readable medium of claim 13 , wherein the barcode has conditions for use predetermined by the user.

21. A mobile communication device for performing a transaction, comprising:

an antenna programmed to communicate with a remote on-line client;

a computer processor programmed to:

communicate, via the antenna to the remote on-line client, information about a user account and information about a merchant or location, wherein the information about the user account comprises at least user preferences associated with a plurality of user funding sources, wherein the plurality of user funding sources are selected from the group comprising:

credit cards, debit cards, gift cards, and store credit accounts; and

display a barcode, originated by the on-line client, for completing funding of the transaction, wherein the barcode comprises a selection of at least two user funding sources of a plurality of user funding sources automatically determined to be available by the on-line client in response to receiving the information about the user account and the information about the merchant or the location;

a memory programmed to store information about the financial transaction; and

a display programmed to:

display the barcode and allow the barcode to be scanned at a merchant point of sale device for processing by the remote on-line client; and

display a notification of an authorized payment to the merchant that includes at least a debit from each of the at least two funding sources of the plurality of user funding sources.