Management of merchant stored balance with payment processing service

A method implemented in part by a server of a payment processing service, the method comprising:

• maintaining, by the server of the payment processing service, a payment processing account associated with a merchant, the payment processing account including a stored balance of funds received as payment from customers, wherein the stored balance is managed via a balance applet executable by a merchant device of the merchant;
• associating, by the server of the payment processing service, a payment instrument with the stored balance, wherein the stored balance is accessible by the merchant via the payment instrument;
• receiving, at the server of the payment processing service and from a point-of-sale (POS) application associated with the merchant device, transaction data associated with POS transactions between the merchant and customers;
• and
• based on receiving the transaction data:
• determining, by the server of the payment processing service, an amount of funds owed to the merchant based on the transaction data;
• adjusting, by the server of the payment processing service, the stored balance based on the amount of funds;
• and
• causing, by the server of the payment processing service, a user interface associated with the balance applet to be presented via a display of the merchant device to enable the merchant to manage the stored balance.

A system comprising:

• one or more processors;
• and
• one or more non-transitory computer-readable media storing instructions executable by the one or more processors, wherein the instructions cause the one or more processors to perform acts comprising:
• maintaining a payment processing account associated with a merchant, the payment processing account including a stored balance of funds received as payment from customers, wherein the stored balance is managed via a balance applet executable by a merchant device of the merchant;
• associating a payment instrument with the stored balance, wherein the stored balance is accessible by the merchant via the payment instrument;
• receiving from a point-of-sale (POS) application associated with the merchant device, transaction data associated with POS transactions between the merchant and customers;
• determining an amount of funds owed to the merchant based on the transaction data;
• adjusting the stored balance based on the amount of funds;
• and
• causing, based on receiving the transaction data, a user interface associated with the balance applet to be presented via a display of the merchant to enable the merchant to manage the stored balance.

One or more non-transitory computer-readable media storing instructions executable by one or more processors that, when executed by the one or more processors, cause the one or more processors to perform acts comprising:

• maintaining, by a server of a payment processing service, a payment processing account associated with a merchant, the payment processing account including a stored balance of funds received as payment from customers, wherein the stored balance is managed via a balance applet executable by a merchant device of the merchant;
• associating, by the server of the payment processing service, a payment instrument with the stored balance, wherein the stored balance is accessible by the merchant via the payment instrument;
• receiving, at the server of the payment processing service and from a point-of-sale (POS) application associated with the merchant device, transaction data associated with POS transactions between the merchant and customers;
• determining, by the server of the payment processing service, an amount of funds owed to the merchant based on the transaction data;
• adjusting, by the server of the payment processing service, the stored balance based on the amount of funds;
• and
• causing, by the server of the payment processing service and based on receiving the transaction data, a user interface associated with the balance applet to be presented via a display of the merchant to enable the merchant to manage the stored balance.