Wallet consolidator and related methods of processing a transaction using a wallet consolidator

A method for processing a transaction using a wallet consolidator, the method comprising the steps of:

• receiving information stored on at least one of a plurality of cards;
• storing said received information in a memory device;
• and
• communicating at least a portion of said stored information to a point-of-sale terminal positioned at a point-of-sale and positioned to process a point-of-sale transaction responsive to said at least a portion of said information.

A wallet consolidator comprising:

• a controller positioned to control operation of the wallet consolidator;
• an input device in communication with the controller and positioned to receive a copy of information stored on at least one card;
• a memory device in communication with the controller and positioned to store the information received by the input device;
• and
• an output device in communication with the controller to effectuate communication of at least a portion of said information stored in said memory device to a point-of-sale terminal located at a point-of-sale when the point-of-sale terminal is positioned to receive said at least a portion of said information from the output device of the wallet consolidator for use in a point-of-sale transaction.

A wallet consolidator comprising:

• a controller positioned to control operation of the wallet consolidator;
• an input device in communication with the controller and positioned to receive information contained on at least one card;
• a memory device in communication with the controller and positioned to store the information received by the input device;
• and
• a wireless output device in communication with the controller and adapted to be positioned to interface with a point-of-sale terminal located at a point-of-sale to provide at least a portion of the information stored in the memory device to the point-of-sale terminal when the point-of-sale terminal is positioned to enable a point-of-sale transaction responsive to receiving the at least a portion of the information.

A wallet consolidator comprising:

• an input device positioned to receive information stored on at least one card;
• a memory device connected to the input device to store the information received by the input device;
• and
• a wireless output device connected to the memory device and positioned to effectuate communication of at least a portion of said information stored in said memory device to a point-of-sale terminal located at a point-of-sale when the point-of-sale terminal is positioned to receive said at least a portion of said information from the wallet consolidator for use in a point-of-sale transaction.