Pairing electronic wallet with specified merchants

Abstract

A system and method for facilitating use of a digital electronic wallet by a cardholder for cashless transactions. The method comprises receiving a selection by a first cardholder to pair a first digital wallet held by a first wallet holder with a first merchant, the first digital wallet having therein an electronic representation of at least one payment device usable to fund a cashless transaction, and verifying the cardholder's identity. Thereafter, facilitating a communication between the first cardholder and the first wallet holder to record consent by the first cardholder to share wallet information with the first merchant. The present disclosure further comprises receiving from the first wallet holder authorization to generate a wallet token usable for acquiring wallet information on behalf of the first merchant, using the first digital wallet as selected by the first cardholder, and preparing a merchant token corresponding to the wallet token. The merchant token is provided to the first merchant, for presentation to access wallet information, including payment card information on a cashless transaction.

What is claimed is: 
     
         1 . A method of facilitating use of a digital electronic wallet by a cardholder for cashless transactions, the method comprising:
 receiving a selection by a first cardholder to pair a first digital wallet held by a first wallet holder with a first merchant, the first digital wallet having therein wallet information including an electronic representation of at least one payment device usable to fund a cashless transaction;   facilitating a communication between the first cardholder and the first wallet holder to record consent by the first cardholder to wallet information with the first merchant;   generating a wallet token usable for accessing the wallet information from the first wallet holder for the first digital wallet as selected by the first cardholder;   preparing a merchant token corresponding to the received wallet token; and   providing the merchant token to the first merchant, to access the wallet information.   
     
     
         2 . The method according to  claim 1 , wherein the wallet information further comprises at least one of a shipping address, a loyalty account identifier, merchant-specified personal preferences, cardholder personal profile information, and a scope of cardholder consent. 
     
     
         3 . The method according to  claim 1 , further comprising:
 receiving from the first wallet holder a request to disable the previously generated wallet token;   responsive to receipt from the first wallet holder of a disabling token, disabling a corresponding merchant token provided to the first merchant.   
     
     
         4 . The method according to  claim 1 , further comprising:
 receiving from the first merchant postback data concerning any cashless transaction concluded using the merchant token.   
     
     
         5 . The method according to  claim 1 , further comprising:
 verifying a cardholder a cardholder location.   
     
     
         6 . A system for facilitating use of a digital electronic wallet by a cardholder for cashless transactions, the system comprising a network-enabled processor for communication among at least a first merchant and a first wallet holder, and a machine-readable recording medium storing thereon a program of instructions which, when executed by a processor, cause the processor to carry out a method comprising:
 receiving a selection by a first cardholder to pair a first digital wallet held by a first wallet holder with a first merchant, the first digital wallet having therein wallet information including an electronic representation of at least one payment device usable to fund a cashless transaction;   facilitating a communication between the first cardholder and the first wallet holder to record consent by the first cardholder to share wallet information, including payment device information, with the first merchant;   generating a wallet token usable for accessing the wallet information from the first wallet holder for the first digital wallet as selected by the first cardholder;   preparing a merchant token corresponding to the received wallet token; and   providing the merchant token to the first merchant, to access the wallet information.   
     
     
         7 . The system according to  claim 6 , wherein the wallet information further comprises at least one of a shipping address, a loyalty account identifier, merchant-specified personal preferences, cardholder personal profile information, and a scope of cardholder consent. 
     
     
         8 . The system according to  claim 6 , wherein the method further comprises:
 receiving from the first wallet holder a request to disable the previously generated wallet token;   responsive to receipt from the first wallet holder of a disabling token, disabling a corresponding merchant token provided to the first merchant.   
     
     
         9 . The system according to  claim 6 , wherein the method further comprises:
 receiving from the first merchant postback data concerning any cashless transaction concluded using the merchant token.   
     
     
         10 . The system according to  claim 6 , wherein the method further comprises:
 verifying a cardholder location.