A system and method for demodulating a wireless power signal onto which binary data has been modulated involves processing the wireless power signal with analog circuitry to produce a modified power signal in accordance with the type of demodulation used, periodically capturing digital samples of the modified power signal to produce a series of digital samples, applying, with an MCU, at least two digital filtering algorithms to the digital samples to determine transitions associated with the modulation, and recovering, with the MCU, the binary data as a function of the determined transitions. The demodulator is applicable to bidirectional power transfer capable devices and includes algorithms that can be applied similarly to both ASK and FSK demodulations with little or no modification.