System for Payment via Electronic Wallet

Abstract

A method includes receiving a request to process, against an electronic wallet, a portion of a transaction, an electronic wallet optionally comprising a sub-wallet, the transaction processed against the wallet and/or sub-wallet. The method further includes identifying one or more electronic value tokens in the e-wallet and/or sub-wallet that, when used together, will cover the portion of the transaction. The method further includes applying the electronic value tokens to the portion of the transaction.

1 . A computer implemented electronic wallet managing method, comprising:
 receiving a request to process a payment transaction against an electronic wallet;   identifying authentication information of the request;   identifying a value token in the electronic wallet; and   applying at least a portion of the value token to at least a portion of the request.   
     
     
         2 . The method of  claim 1 , wherein the electronic wallet comprises a primary wallet and a sub-wallet. 
     
     
         3 . The method of  claim 2 , further comprising:
 processing at least a portion of the request via the primary wallet.   
     
     
         4 . The method of  claim 2 , further comprising:
 processing at least a portion of the request via the sub-wallet.   
     
     
         5 . The method of  claim 2 , wherein an aggregator system receives the request, the method further comprising:
 determining at least a portion of the request may be processed in the sub-wallet; and   sending the portion of the request from the aggregator system to a third party.   
     
     
         6 . The method of  claim 2 , wherein the sub-wallet comprises a sub-sub-wallet. 
     
     
         7 . The method of  claim 1 , wherein the value token comprises an electronic representation of value, wherein the electronic representation of value comprises a credit card, debit card, gift card, prepaid telephone card, loyalty card, membership card, ticket or ticket card, entertainment card, sports card, prepaid card, coupon, admission pass, prepaid or pre-purchases of goods or services, cash, currency, credit card account, debit card account, merchant account, bank account, merchant-issued credit, merchant-issued point, merchant-issued promotional value, merchant-accepted credit, merchant-accepted point, merchant-accepted promotional value, or combinations thereof. 
     
     
         8 . The method of  claim 7 , wherein the value token further comprises at least two electronic representations of value of different types. 
     
     
         9 . The method of  claim 1 , wherein applying at least a portion of the value token comprises using the value token according to a set of configurable rules specifying priority of the value tokens. 
     
     
         10 . The method of  claim 9 , wherein the priority is based on a transaction information variable comprising physical location of a retailer originating the electronic wallet request; transaction amount; type of retailer; time of day; day of week; week of month; month of year; department of retailer originating the electronic wallet request; lane of retailer originating the electronic wallet request; identification of checker; parent company of a retailer originating the electronic wallet request; value of value tokens; type of the electronic wallet request; or combinations thereof. 
     
     
         11 . The method of  claim 1 , wherein applying at least a portion of the value token comprises using the value token according to a set of configurable rules specifying percentages of the electronic wallet request to which value tokens may be applied. 
     
     
         12 . The method of  claim 1 , further comprising:
 exchanging at least a portion of the value token of the electronic wallet for at least a portion of a second value token not located in the electronic wallet.   
     
     
         13 . The method of  claim 12 , further comprising:
 applying an exchange rate against the second value token or an asset located in the electronic wallet.   
     
     
         14 . The method of  claim 12 , wherein exchanging at least a portion of the value token comprises:
 contacting a second value token distributor; and   requesting the second value token distributor to provide the second value token.   
     
     
         15 . A computer implemented electronic wallet managing method, comprising:
 receiving a request to process a payment transaction against an electronic wallet, wherein the electronic wallet comprises a primary wallet and a sub-wallet;   determining the request contains valid authentication information;   determining a value token, or a combination of value tokens, associated with the electronic wallet is capable of meeting the request; and   applying at least a portion of the value token to at least a portion of the request.   
     
     
         16 . The method of  claim 15 , wherein the electronic wallet comprises two or more value tokens, wherein the primary wallet comprises at least one of the two or more value tokens, wherein the sub-wallet comprises at least another of the two or more value tokens. 
     
     
         17 . The method of  claim 16 , further comprising:
 determining a portion of the request is related to the primary wallet; and   determining another portion of the request is related to the sub-wallet.   
     
     
         18 . The method of  claim 17 , further comprising:
 applying at least a portion of the primary wallet's value token to the request; and   applying at least a portion of the sub-wallet's value token to the request.   
     
     
         19 . A computer implemented electronic wallet managing method, comprising:
 receiving a request related to an electronic wallet, wherein the request comprises an electronic wallet request, a balance inquiry request, a registration request, an activation request, a redemption request, or combinations thereof; and   managing the contents of the electronic wallet according to the request.   
     
     
         20 . The method of  claim 19 , wherein managing the contents comprises:
 exchanging at least a portion of a value token of the electronic wallet for at least a portion of a second value token not located in the electronic wallet.   
     
     
         21 . The method of  claim 20 , further comprising:
 applying an exchange rate against the second value token or an asset located in the electronic wallet.   
     
     
         22 . The method of  claim 20 , wherein exchanging at least a portion of the value token comprises:
 contacting a second value token distributor of the second value token; and   requesting the second value token distributor to provide the second value token.   
     
     
         23 . The method of  claim 19 , wherein the electronic wallet comprises a first sub-wallet and a second sub-wallet, wherein the first sub-wallet comprises a value token, the method further comprising:
 placing the value token of the first sub-wallet into the second sub-wallet.   
     
     
         24 . The method of  claim 19 , further comprising:
 provisioning the electronic wallet with a value token.   
     
     
         25 . The method of  claim 24  wherein provisioning the electronic wallet comprises adding the value token to the electronic wallet. 
     
     
         26 . The method of  claim 24 , wherein the value token is provisioned in an amount different than the purchase price. 
     
     
         27 . The method of  claim 24 , wherein provisioning the electronic wallet comprises encoding the value token with a coupon code. 
     
     
         28 . The method of  claim 19 , wherein the electronic wallet comprises a savings-designated sub-wallet, the method further comprising:
 placing at least a portion of a value token in the savings-designated sub-wallet.