Automatic activation of mobile payment mechanisms based on identified mobile payment types accepted by a merchant

A system for automated activation of mobile payment mechanisms, the system comprising:

• a network-based mobile payment type database configured to store a listing of merchants and the one or more mobile payment types accepted by each merchant;
• and
• a mobile communication device comprising a computing platform having a memory and at least one processor in communication with the memory, the mobile communication device including:
• a location-determining device configured to determine a geographic location of the mobile communication device;
• a mobile payment activation module stored in the memory, executable by the processor and configured to (1) identify a merchant associated with the geographic location, (2) access the mobile payment type database to identify one or more mobile payment types accepted by the merchant and, in response to identifying the one or more payment types, (3) automatically activate one or more mobile payment mechanisms associated with one of the identified one or more mobile payment types.