Abstract: A mobile device includes an antenna and at least one control device coupled to the antenna. The at least one control device is selectively operable in a first mode and in a second mode. In the first mode, the at least one control device transmits a payment card account number via the antenna to a point of sale terminal. In the second mode, the at least one control device transmits a message to the point of sale terminal via the antenna to request that the point of sale terminal download transaction information to the mobile device.

Abstract: A method includes receiving from an acquiring financial institution (FI) a request to translate a customer identifier into a primary account number (PAN). The method further includes determining whether the customer identifier is valid, and (if the customer identifier is determined to be valid) issuing a challenge to a mobile telephone operated by a customer identified by the customer identifier. The method also includes receiving a mobile personal identification number (PIN) from the customer, determining whether the mobile PIN is valid, and (if the received mobile PIN is determined to be valid) generating a security code. The method further includes transmitting, to the acquiring FI, the security code and the PAN that corresponds to the customer identifier.

Abstract: A mobile device includes an antenna and at least one control device coupled to the antenna. The at least one control device is selectively operable in a first mode and in a second mode. In the first mode, the at least one control device transmits a payment card account number via the antenna to a point of sale terminal. In the second mode, the at least one control device transmits a message to the point of sale terminal via the antenna to request that the point of sale terminal download transaction information to the mobile device.

Abstract: A mobile device includes an antenna and at least one control device coupled to the antenna. The at least one control device is selectively operable in a first mode and in a second mode. In the first mode, the at least one control device transmits a payment card account number via the antenna to a point of sale terminal. In the second mode, the at least one control device transmits a message to the point of sale terminal via the antenna to request that the point of sale terminal download transaction information to the mobile device.

Abstract: A method includes receiving transaction information at a mobile device from a merchant device. The transaction information includes a transaction amount and merchant information that identifies a merchant that operates the merchant device. The method further includes generating a funds transfer request in the mobile device. The funds transfer request includes the merchant information, information that indicates the transaction amount and information that identifies a customer of the merchant. The funds transfer request is for requesting that funds be transferred from a payment card account that belongs to the customer to a payment card account that belongs to the merchant. The method also includes transmitting, from the mobile device, the funds transfer request, to a financial institution that issued the customer's payment card account.

Abstract: A method includes receiving transaction information from a merchant device. The transaction information includes a transaction amount and merchant information that identifies a merchant that operates the merchant device. The method further includes receiving, from a mobile device, a request that a funds transfer be made from a payment card account that belongs to a customer who is operating the mobile device to a payment card account that belongs to the merchant. The method also includes forwarding the request to a financial institution that issued the payment card account that belongs to the customer.

Abstract: A mobile device includes an antenna and at least one control device coupled to the antenna. The at least one control device is selectively operable in a first mode and in a second mode. In the first mode, the at least one control device transmits a payment card account number via the antenna to a point of sale terminal. In the second mode, the at least one control device transmits a message to the point of sale terminal via the antenna to request that the point of sale terminal download transaction information to the mobile device.

Abstract: A method of operating a point of sale (POS) terminal includes inputting into the POS terminal information for defining a transaction. The method further includes selecting between a first mode of operation of the POS terminal and a second mode of operation of the POS terminal. In the first mode of operation the POS terminal initiates a payment card authorization request to an acquirer financial institution. In the second mode of operation the POS terminal transmits transaction information to a customer's mobile device.

Abstract: A payment system receives, from a first financial institution, a request for a funds transfer. The request originates from a sender who has an account with the first financial institution. The payment system routes the funds transfer to a second financial institution for the benefit of a recipient. The payment system receives, from the second financial institution, the recipient's name and residential address.

Abstract: A method includes receiving an indication that a funds transfer has been completed by crediting of a monetary amount to a recipient's payment card account. The method further includes transmitting, to the recipient's mobile telephone, and at a timing determined by the indication, data that indicates at least one location for retrieving funds from the recipient's payment card account.

Abstract: A funds transfer system includes a first mobile telephone operating company and a first financial institution which exchanges data communications regarding funds transfer requests with the first mobile telephone operating company. The system further includes a second mobile telephone company and a second financial institution. The system also includes a payment processing network operating company. The payment processing network operating company transfers funds from the first financial institution to the second financial institution to benefit a recipient who owns a mobile telephone served by the second mobile telephone operating company.

Abstract: A method includes receiving an inquiry. The inquiry identifies a first currency, a monetary amount in the first currency, and at least some digits of a payment card account number. The method also includes responding to the inquiry by providing a monetary amount in a second currency. The monetary amount in the second currency corresponds to a proposed currency conversion to be applied to the monetary amount in the first currency.

Abstract: An application is received to register a customer for a funds transfer system. The application includes (a) the customer's name, (b) the customer's residential address, (c) the customer's mobile telephone number, and (d) an identification document that confirms the customer's name and residential address. The customer's mobile telephone number is associated with a payment card account number. The customer's name and residential address and a record of the identification document are stored in association with the payment card account number.

Abstract: A request is received for a funds transfer. The request includes a destination telephone number. The destination telephone number is translated into a destination payment card account number. The funds transfer is routed as a payment transaction using the destination payment card account number.

Abstract: A nail clipper incorporating a pivoting retainer structure which pivots from a cylindrical member disposed in the rear of the nail clipper is disclosed. The pivoting retainer structure retains nail clippings and facilitates the emptying of these clippings. In a closed position, the pivoting retainer structure nests into the body of the nail clipper. In an open position, the pivoting retainer structure pivots out from its nested position allowing the nail clippings to be emptied. In accordance with the present invention, the nail clipper further incorporates an ergonomically advantageous shape and side cutting jaws which guarantee that a small, discrete portion of the nail will be cut with each action of the nail clipper.