Method and system for electronic transfer of funds implementing an automated teller machine in conjunction with a manned kiosk
First Claim
1. A method for electronically transfering funds between a sender and a recipient comprising:
- receiving at an initiating terminal a designation of an amount of funds to be electronically transferred from the sender;
receiving at the initiating terminal a security code from the sender;
generating a unique personal identification number;
providing the unique personal identification number to the sender;
storing the designation of an amount of funds, the security code and the unique personal identification number at a central terminal in communication with the initiating terminal;
providing a manned kiosk including a kiosk agent;
receiving the unique personal identification number and the security code at the manned kiosk from the recipient;
communicating the unique personal identification number and the security code provided by the recipient to the central terminal;
comparing the unique personal identification number and the security code provided by the recipient to the stored unique personal identification number and stored security code at the central terminal; and
dispensing funds corresponding to the designation of an amount of funds at the manned kiosk by the kiosk agent if the unique personal identification number and the security code provided by the recipient match the stored unique personal identification number and the stored security code.
3 Assignments
0 Petitions
Accused Products
Abstract
A method for electronically transferring funds between a sender and a recipient includes receiving at an initiating terminal a designation of an amount of funds to be electronically transferred from the sender; receiving at the initiating terminal a security code from the sender; generating a unique personal identification number; providing the unique personal identification number to the sender; storing the designation of an amount of funds, the security code and the unique personal identification number at a central terminal in communication with the initiating terminal; providing a manned kiosk including a kiosk agent; receiving the unique personal identification number and the security code at the manned kiosk from the recipient; communicating the unique personal identification number and the security code provided by the recipient to the central terminal; comparing the unique personal identification number and the security code provided by the recipient to the stored unique personal identification number and stored security code at the central terminal; and dispensing funds corresponding to the designation of an amount of funds at the manned kiosk by the kiosk agent if the unique personal identification number and the security code provided by the recipient match the stored unique personal identification number and the stored security code.
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Citations
9 Claims
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1. A method for electronically transfering funds between a sender and a recipient comprising:
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receiving at an initiating terminal a designation of an amount of funds to be electronically transferred from the sender;
receiving at the initiating terminal a security code from the sender;
generating a unique personal identification number;
providing the unique personal identification number to the sender;
storing the designation of an amount of funds, the security code and the unique personal identification number at a central terminal in communication with the initiating terminal;
providing a manned kiosk including a kiosk agent;
receiving the unique personal identification number and the security code at the manned kiosk from the recipient;
communicating the unique personal identification number and the security code provided by the recipient to the central terminal;
comparing the unique personal identification number and the security code provided by the recipient to the stored unique personal identification number and stored security code at the central terminal; and
dispensing funds corresponding to the designation of an amount of funds at the manned kiosk by the kiosk agent if the unique personal identification number and the security code provided by the recipient match the stored unique personal identification number and the stored security code. - View Dependent Claims (2, 3, 4, 9)
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5. A system for performing an electronic transfer of funds transaction between a sender and a recipient, comprising:
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an initiating terminal for receiving a designation of an amount of funds to be electronically transferred from the sender to the recipient, and for receiving a security code from the sender;
a central terminal in communication with the initiating terminal for providing the initiating terminal with a unique personal identification number corresponding to the electronic transfer of funds transaction, and for storing the designation of an amount of funds, the unique personal identification number and the security code; and
a manned kiosk in communication with the central terminal, the manned kiosk including an agent for receiving the unique personal identification number and the security code from the recipient, and for communicating the unique personal identification number and the security code provided by the recipient to the central terminal;
wherein the central terminal is operative to compare the unique personal identification number and the security code provided by the recipient with the stored unique personal identification number and the stored security code, and wherein the manned kiosk is operative to dispense funds corresponding to the designation of an amount of funds directly to the recipient when the unique personal identification number and the security code provided by the recipient match the stored unique personal identification number and the stored security code. - View Dependent Claims (6, 7, 8)
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Specification