1. A method for capturing information from physical tokens with a portable computing device: creating a first image of a first side of a token with a portable computing device; identifying a position of the token contained within the first image; conducting a broad recognition scan of the first side of the token to determine whether the token is supported by a mobile wallet system; if the token is supported by the mobile wallet system: conducting optical character recognition of the first image of the first side of the token to retrieve consumer information based on a source identified for the token; and storing the retrieved consumer information on the portable computing device; and if the token is not supported by the mobile wallet system: creating a second image of a second side of the token; and transmitting the first and second images of the respective first and second sides of the token to a server associated with the mobile wallet system.