Mobile wallet and digital payment

Abstract

The claimed subject matter provides a system and/or a method that facilitates securing a wireless digital transaction. A terminal component can receive a portion of data related to a payment for at least one of a good or a service. A mobile device can include at least one mobile payment card (m-card), wherein the m-card is created by establishing a link to an account associated with a form of currency. The mobile device can employ public-key cryptography (PKC) to securely and wirelessly transmit a payment to the terminal component utilizing the m-card and linked account.

1 . A system that facilitates securing a wireless digital transaction, comprising:
 a terminal component; and   a mobile device that securely and wirelessly transmits a portion of data associated with a mobile payment card (m-card) that is included in the mobile device to the terminal component to facilitate payment for a good or service, the m-card being linked to an account associated with a form of currency;   the mobile device hosting a virtual machine (VM) environment that includes a secure virtual machine monitor (VMM) that monitors at least a main VM that provides an operating system for the mobile device and an isolated payment module VM that authorizes a transaction the execution of which includes the payment for the good or service.   
     
     
         2 . The system of  claim 1 , wherein the payment module VM comprises an isolated payment module VM. 
     
     
         3 . The system of  claim 1 , wherein the mobile devices securely and wirelessly transmits the portion of the data associated with the m-card to the terminal component using a form of cryptography. 
     
     
         4 . The system of  claim 3 , wherein form of cryptography comprises public key encryption. 
     
     
         5 . The system of  claim 1 , the form of currency is cash, credit, a micro-payment, a pre-paid card, a stored value card, a disposable card, a line of credit, an exchange of a service, an exchange of a good, or a tab. 
     
     
         6 . The system of  claim 1 , wherein the mobile device communicates with the terminal component using at least one of near field communication (NFC), Bluetooth, wireless fidelity (Wi-Fi), or radio frequency identification (RFID). 
     
     
         7 . The system of  claim 1 , wherein the account is associated with at least one of a bank, a credit card company, an investment fund, an online brokerage, a web site, a business, a company, or a financial institution. 
     
     
         8 . The system of  claim 1 , further comprising a certifying authority that is an independent organization that validates the terminal component by issuing a certificate with an expiration date. 
     
     
         9 . The system of  claim 1 , wherein the VMM utilizes an input/output (I/O) driver that provides a driver for at least one of a screen on the mobile device, a keypad on the mobile device, or a secure storage with encryption related to a portion of data stored thereupon. 
     
     
         10 . The system of  claim 1 , further comprising a security manager VM that manages at least one of secure storage or a public-key cryptography service. 
     
     
         11 . The system of  claim 1 , further comprising an m-pass VM that manages at least one of a password or a personal identification number (PIN) related to the mobile device. 
     
     
         12 . The system of  claim 1 , wherein the mobile device limits access to a screen and a keypad such that only a single VM may access the screen and the keypad at a time. 
     
     
         13 . The system of  claim 1 , wherein the mobile device verifies a location of the terminal component by leveraging at least one of a global positioning service (GPS) on the mobile device or a cellular triangulation technique for the mobile device to identify a location of the mobile device, the location of the mobile device being compared to the location of the terminal component. 
     
     
         14 . The system of  claim 1 , further comprising a security component that protects against a threat by performing one of the following:
 leveraging an online clearing agent to alert at least one of a bank, the account, a mobile device service provider, a certifying authority, or the terminal component of a theft related to at least one of a portion of data on the mobile device, the mobile device, or the terminal component;   deleting a portion of the m-card based on a security breach, wherein the security breach is one of an invalid password entry, a defined number of incorrect password entry attempts, or a received alert from the online clearing agent; or   employing a password during at least one of a moment prior to a transaction, a moment during a transaction, a moment after a transaction, a moment after a pre-defined number of transactions, a moment after a dollar amount of tabulated transactions, or a detection of a possible threat.   
     
     
         15 . The system of  claim 1 , the mobile device further comprising at least one physical button input that, upon activation, initiates at least one of a password entry, a password entry completion, or a wireless digital payment to the terminal. 
     
     
         16 . The system of  claim 1 , wherein the terminal component comprises a component that transmits power to the mobile device during wireless communication therewith. 
     
     
         17 . A method that facilitates securely transmitting data related to a payment transaction, comprising:
 storing an m-card on a mobile device, the m-card including data associated with an account;   wirelessly transmitting the data associated with the account to a payment terminal;   verifying the data associated with the account by the payment terminal with an organization corresponding to the account;   processing a transaction using the data associated with the account upon verification of the data associated with the account; and   hosting a virtual machine (VM) environment within the mobile device that includes a secure virtual machine monitor (VMM) that monitors at least a main VM that provides an operating system for the mobile device and an isolated payment module VM that authorizes the transaction prior to processing thereof.   
     
     
         18 . The method of  claim 17 , further comprising:
 limiting interaction with a keypad and a screen on the mobile device to a single virtual machine at a time.   
     
     
         19 . The method of  claim 17 , further comprising:
 authenticating the payment terminal with a certificate issued by an independent organization or by comparing a location related to the mobile device with a location of the payment terminal.   
     
     
         20 . A computer-implemented system that facilitates securing a wireless digital transaction, comprising:
 means for creating a mobile payment card (m-card) on a mobile device;   means for incorporating the m-card on the mobile device;   means for linking the m-card to an account associated with a form of currency;   means for securely and wirelessly communicating a portion of the m-card to a payment terminal for a digital payment; and   means for hosting a virtual machine (VM) environment within the mobile device that includes a secure virtual machine monitor (VMM) that monitors at least a main VM that provides an operating system for the mobile device and a security manager VM that manages a cryptography service used by the means for securely and wirelessly communicating the portion of the m-card.