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AUTOMATED TRANSFER WITH STORED VALUE FUND

  • US 20080294554A1
  • Filed: 08/05/2008
  • Published: 11/27/2008
  • Est. Priority Date: 07/11/2000
  • Status: Abandoned Application
First Claim
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1. A method for transferring credit from a sender to a plurality of recipients using a wide-area computer network, the method comprising:

  • receiving at a server computer system information from the sender to transfer credit to the plurality of recipients, wherein the information includes a unique identifier for each of the plurality of recipients and a credit amount;

    determining a first handler chosen by the sender;

    requesting credit transfer from the first handler;

    receiving at the server computer system the credit amount from the first handler;

    determining a second handler chosen by one of the plurality of recipients; and

    sending the credit amount to the second handler associated with the one.

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