Method and Apparatus to Manage Mobile Payment Account Settlement

A method of supporting mobile payment, comprising:

• receiving, at a transaction operations server, a first particular transaction of a mobile communication device having a stored value represented by data on the mobile communication device, wherein the first particular transaction adds a first amount of money to the stored value represented by data on the mobile communication device, and wherein the first amount of money is in a first data type representing a first business issued currency honored by a first group of one or more businesses,
• wherein the transaction operations server performs:
• supporting a plurality of communication protocols;
• maintaining accounts of stored value in memory accessible by the transaction operations server;
• authenticating and communicating with the mobile communication device via the plurality of communication protocols;
• and
• controlling particular transactions initiated by at least partly wireless communication between a) the mobile communication device having the stored value represented by data on the mobile communication device and b) a transaction terminal;
• receiving, at the transaction operations server, a second particular transaction of the mobile communication device, wherein the second particular transaction subtracts a second amount of money from the stored value represented by data on the mobile communication device, and wherein the second amount of money is in a second data type representing a second business issued currency honored by a second group of one or more businesses;
• and
• exchanging, at the transaction operations server, at least part of the money represented by data on the mobile communication device between the first data type and the second data type.

A memory storing data accessed by a data processing system supporting mobile payment, comprising:

• a data structure stored in said memory accessed by the data processing system of a transaction operations server, said data structure including:
• a first data type representing a first business issued currency honored by a first group of one or more businesses;
• and
• a second data type representing a second business issued currency honored by a second group of one or more businesses,
• wherein the first data type and the second data type support the following:
• a first particular transaction of a mobile communication device initiated by at least partly wireless communication between a) the mobile communication device having a stored value represented by data on the mobile communication device and b) a first transaction terminal, wherein the first transaction adds a first amount of money to a stored value represented by data on the mobile communication device, and wherein the first amount of money is in the first data type;
• a second particular transaction of the mobile communication device initiated by at least partly wireless communication between a) the mobile communication device having the stored value represented by data on the mobile communication device and b) a second transaction terminal, wherein the second transaction subtracts a second amount of money from the stored value represented by data on the mobile communication device, and wherein the second amount of money is in the second data type;
• and
• an exchange, at the transaction operations server, of at least part of the money represented by data on the mobile communication device between the first data type and the second data type.