Disclosed in some examples are methods, systems, and machine readable mediums for providing P2P lending through mobile wallets. The P2P lending may utilize a central registry or be a fully distributed P2P system. In some examples, the use of a network accessible P2P loan service may simplify the discovery and communication with other mobile wallets throughout the process of obtaining a loan.

Virtual account use in an online marketplace is described. Listings published to a multitude of client devices by the online marketplace include a first listing for a first item and a second listing for a second item. The first item is listed by a first user account and the second item is listed by a second user account. In connection with a third user account purchasing the first item, the online marketplace provides a first monetary compensation to the first user account from the third user account by updating a balance of a virtual account of the first user account to include the first monetary compensation. In connection with the first user account purchasing the second item via the second listing, the online marketplace provides at least a portion of the balance to the second user account directly from the virtual account as second monetary compensation.

A financial institution computing system associated with a financial institution includes an account management circuit. The account management circuit is configured to receive, by the network interface, a customer request to establish a checking account at the financial institution, create first and second checking accounts for the customer, the first checking account having a payment card associated therewith, the second checking account not having any payment cards associated therewith, receive, by the network interface, information regarding a funding amount for the first and second payment accounts, receive, by the network interface, information regarding a first expense of the customer, and fund the second account with a first portion of the funding amount based on the information regarding the first expense.

The present invention relates to a method, system, and computer program product for facilitating sharing of desired items stored in a digital wallet for gifting purposes. The invention includes selection of items by users to be saved in their digital wallets and sharing of the wallet and items saved therein with other users such as friends, relatives and others. The other users can view the content of the shared wallets and can purchase one or more items for gifting. The invention also includes registration of the sellers for listing items for sale at a discounted price, along with a percentage sharing with the server used in the digital wallet.

According to one or more embodiments, a settlement apparatus includes a processor. The processor detects a state of the settlement apparatus related to execution of settlement processing at the settlement apparatus using a plurality of settlement methods. The processor determines, based on the detected state of the settlement apparatus, whether there is a first settlement method among the plurality of settlement methods which cannot be executed at the settlement processing apparatus. The processor then notifies a customer of settlement method information indicating the first settlement method cannot be executed at the settlement processing or that another settlement method, other than the first settlement method, can be executed at the settlement apparatus instead of the first settlement method.

Systems and methods are provided for configuring a user device to provide a preferred payment method for payments. When a user carries their device into a store, the device may receive information from a beacon at the store that informs the device that the user is at the store. The user device may the use the information to determine which of several payment methods will provide a maximum benefit to the user if used for a payment at that store. The benefits to the user may include points, store rewards, miles, cash back rewards or other rewards associated with a particular payment method that, at a particular time or location provide more benefit to the user than other payment methods. The user device may be configured to provide the preferred payment method prior to a communication between the user device and a point of sale device of the store.

A consumer may initiate a transaction using a transaction account. The transaction account issuer may transmit a notification to the consumer that the transaction has been authorized. The consumer may select requestees with whom to split the transaction. The transaction account issuer may transmit notifications to requestees to request payment from the requestees. The transaction account issuer may transfer the payment from a transaction account of the requestee to the consumer's transaction account.

Systems and methods are disclosed which may allow a merchant to wirelessly transmit accepted forms of payment using a beacon installed in the merchant location or near the merchant location. A consumer having a device capable of receiving the wireless transmission may receive the accepted forms of payment and have them displayed on a screen of the device. The device may also send the accepted forms of payment to a remote server that has issued the consumer a programmable credit card such that the remote server can program the credit card based on the forms of payment accepted by the merchant.

A payment method, a payer terminal, and a payee terminal are provided. The method includes receiving a transaction request from a payee terminal that includes a payment amount and determining whether an electronic cash application has a balance that is sufficient to cover the payment amount. If the balance is not sufficient, determining whether there are at least two electronic cash applications, a sum of whose balances are greater than or equal to the payment amount. If the balances are sufficient, selecting a group of electronic cash applications, a sum of whose balances are greater than or equal to the payment amount, performing deduction from a balance of each selected electronic cash application until a sum of the deduction is equal to the payment amount; and sending account number and corresponding deduction data of each of the selected electronic cash applications and transaction identifications to the payee terminal.

The present disclosure describes transaction-enabling systems and methods. A system can include a controller and a fleet of machines, each having at least one of a compute task requirement, a networking task requirement, and an energy consumption task requirement. The controller may include a resource requirement circuit to determine an amount of a resource for each of the machines to service the task requirement for each machine, a forward resource market circuit to access a forward resource market, and a resource distribution circuit to execute an aggregated transaction of the resource on the forward resource market.