In-lane money transfer systems and methods
First Claim
1. A method of processing money transfers, the method comprising:
- receiving, from a vendor location, a request for a transfer pair verification;
verifying the transfer pair is associated with a valid transfer pair record;
sending the transfer pair verification to the vendor location;
receiving a money transfer request associated with the transfer pair from the vendor location; and
authorizing a money transfer to at least one of a first and second customers associated with the transfer pair.
3 Assignments
0 Petitions
Accused Products
Abstract
The present invention provides systems and methods to initiate, facilitate, process and/or perform money transfers. One such method includes receiving a request for a transfer pair verification from a vendor location (360), and verifying that the transfer pair is associated with a valid transfer pair record (362). The method includes sending the transfer pair verification to the vendor location (368), receiving a money transfer request (370) associated with the transfer pair from the vendor location, and authorizing a money transfer (372) to at least one of a first and second customers associated with the transfer pair. In this manner, a vendor location, which may include a point-of-sale device and may be a retail outlet (e.g., grocery store, gas station, or the like), can be used to facilitate a money transfer between two customers.
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Citations
20 Claims
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1. A method of processing money transfers, the method comprising:
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receiving, from a vendor location, a request for a transfer pair verification;
verifying the transfer pair is associated with a valid transfer pair record;
sending the transfer pair verification to the vendor location;
receiving a money transfer request associated with the transfer pair from the vendor location; and
authorizing a money transfer to at least one of a first and second customers associated with the transfer pair. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A method of facilitating money transfers by a customer, the method comprising:
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receiving a money transfer request from a first customer;
receiving a transfer pair code from the first customer;
sending a request for a transfer pair verification to a host computer;
receiving the transfer pair verification from the host computer;
receiving a payment from the first customer for transfer to a second customer associated with the transfer pair code; and
sending a record of the money transfer request and the payment to the host computer. - View Dependent Claims (13, 14, 15)
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16. A system for processing money transfers, comprising:
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a host computer comprising a processor coupled to a database;
wherein the host computer further comprises;
code for receiving a request to verify a transfer pair from a point-of-sale device;
code for verifying the transfer pair is associated with a valid transfer pair record;
code for sending a transfer pair verification to the point-of-sale device;
code for receiving a money transfer request associated with the transfer pair from the point-of-sale device; and
code for authorizing a money transfer to at least one of a first customer and a second customer associated with the transfer pair. - View Dependent Claims (17, 18, 19, 20)
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Specification