SYSTEM AND METHOD FOR DETERMINING A DEFAULT ACCOUNT IN A MOBILE WALLET WHILE PROVIDING AN INCENTIVE TO ESTABLISH A DEFAULT ACCOUNT IN THE MOBILE WALLET

摘要

A method and system for determining a default account in a mobile wallet of a portable computing device while providing an incentive to establish a default account in the mobile wallet includes receiving a confirmation that the mobile wallet exists in the portable computing device, such as a mobile phone. Communications may be established with the mobile wallet over a communications network so that it can be determined which financial account in the mobile wallet is the default account. Subsequently, a reward may be transmitted over the communications network if a default account matches an account of a financial service provider that is trying to determine their financial account in the mobile wallet is the default account. According to one embodiment, determining which financial account in the mobile wallet is the default account may include transmitting a request for a payment over the communications network to the portable computing device.

主权项

1. A method for determining a default account in a mobile wallet of a portable computing device while providing an incentive to establish a default account in the mobile wallet, the method comprising:
receiving confirmation that the mobile wallet exists in the portable computing device; establishing communications with the mobile wallet over a communications network; determining which financial account in the mobile wallet is the default account; and transmitting a reward over the communications network if a default account matches an account of a financial service provider (FSP) that originates the determination of which financial account in the mobile wallet is the default account.