MONETARY GIFT REGISTRY METHODS AND SYSTEMS

• US 20090327121A1
• Filed: 06/27/2008
• Published: 12/31/2009
• Est. Priority Date: 06/27/2008
• Status: Abandoned Application

• Current Assignee: Western Union
• Original Assignee: Western Union
• Inventors: Carroll, Kevin, Fry-Sanchez, Kirsten, Elrod, Karina, Landers, Shawna, Cannava, Julie
• Application Number:
  US12/163,674
• Publication Number:
  US 20090327121A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising

Abstract

A method of operating a monetary gift registry includes registering one or more recipients with the monetary gift registry and creating an account for each registered recipient. Each account has a unique account identifier. Transfers of monetary value are received from one or more senders, each transfer of value accompanied by the unique identifier of one of the accounts. The deposits are accumulated into the respective accounts based at least in part on unique identifiers, and funds from at least one account are distributed. Funds may be distributed to at least one registered recipient for whom an account was created, or to a third-party merchant. At least one transfer of monetary value or distribution of funds is capable of being performed through a consumer-oriented money transfer network, or both

Claims

1. A method of operating a monetary gift registry, comprising:

registering at a host computer system one or more recipients with the monetary gift registry;

creating in a database an account for at least one of the registered recipients;

assigning in the database a unique identifier to at least one account or registered recipient;

receiving value from one or more senders, each receipt of value accompanied by the unique identifier of one of the accounts or recipients;

accumulating the value based, at least in part, on the unique identifiers; and

distributing funds from at least one of the accounts to at least one of the registered recipients for whom the account was created;

wherein at least one receipt of value is capable of being received through a consumer-oriented money transfer network, or at least one distribution of funds is capable of being performed through a consumer-oriented money transfer network, or both.

2. The method of claim 1, further comprising receiving from at least one recipient contact information for at least one potential sender.

3. The method of claim 1, further comprising notifying at least one potential sender that a particular recipient is registered with the monetary gift registry.

4. The method of claim 3, wherein the at least one potential sender is notified via one or more means selected from the group consisting of an electronic mail message, a telephone call, a short message service message, and postal mail.

5. The method of claim 4, wherein at least one sender responds with a transfer of value by replying directly from the means by which the sender was notified.

6. The method of claim 1, further comprising:

staging a transfer of value by one means; and

receiving the value by another means.

7. The method of claim 1, further comprising notifying a sender when the value received from the sender is delivered to the at least one recipient.

8. The method of claim 1, further comprising sending to at least one recipient a message composed, selected, or customized by a sender.

9. The method of claim 1, further comprising communicating to a sender a message composed, selected, or customized by at least one recipient.

10. The method of claim 1, further comprising performing at least one compliance check.

11. The method of claim 1, further comprising collecting one or more fees from one or more participants in the monetary gift registry.

12. The method of claim 1, further comprising:

generating a report listing the receipts of value, and senders thereof, received on behalf of a particular recipient; and

providing the report to the particular recipient.

13. The method of claim 1, wherein registering a particular recipient further comprises receiving an application for registration from the recipient online, by mail, by telephone, at an agent location, at a kiosk, through an automated teller machine, or via a mobile device.

14. The method of claim 1, wherein receiving value further comprises receiving a transfer initiated online, at an agent location of the administrator of the monetary gift registry, by telephone, via a short message service message, at a kiosk, or via an automated teller machine.

15. The method of claim 1, further comprising receiving an indication that a funds distribution is to occur at a scheduled future time.

16. The method of claim 1, further comprising receiving finding for one of the receipts of value by means selected from the group consisting of cash, a credit account, a debit account, a stored value account, an automated clearing house transaction, a personal check, a money order, and an electronic check.

17. The method of claim 1, further comprising receiving funding for one of the receipts of value in cash.

18. The method of claim 1, wherein distributing funds from one of the accounts to at least one registered recipient for whom the account was created comprises distributing funds by one or more means selected from the group consisting of cash, a credit to a credit account, a deposit to a debit account, a stored value account, an automated clearing house transaction, a check, a money order, and an electronic check.

19. The method of claim 1, wherein distributing funds from one of the accounts to at least one registered recipient for whom the account was created comprises distributing funds in cash.

20. The method of claim 1, wherein at least one recipient is a charitable organization.

21. A method of operating a monetary gift registry, comprising:

registering one or more recipients with the monetary gift registry;

creating an account for at least one registered recipient;

assigning a unique identifier to at least one account or registered recipient;

receiving value from one or more senders, each receipt of value accompanied by the unique identifier of one of the accounts or recipients;

accumulating the received value based, at least in part, on the unique identifiers; and

distributing funds from one of the accounts to a third-party merchant.

22. The method of claim 21, further comprising:

staging a purchase with the third-party merchant;

receiving a transaction identifier from the third-party merchant;

presenting the transaction identifier to the monetary gift registry; and

referencing the transaction identifier in a transfer of funds from the monetary gift registry to the third-party merchant.

23. A monetary gift registry system, comprising:

a host computer system comprising memory; and

a computer-readable medium holding instructions executable by the host computer system to

create in the memory a database of registered recipients in the monetary gift registry, the database recording an account for at least one registered recipient and a unique identifier assigned to at least one account or registered recipient;

record in the database the accumulation of receipts of value into the accounts, each receipt of value received from a sender and accompanied by the unique identifier of one of the accounts or recipients; and

record in the database the distribution of funds from at least one of the accounts to at least one registered recipient for whom the account was created;

wherein at least one receipt of value is capable of being received through a consumer-oriented money transfer network, or at least one distribution of funds is capable of being performed through a consumer-oriented money transfer network, or both.

24. A method of operating a gift registry, comprising:

registering one or more recipients with the gift registry;

presenting to potential senders a selection of items available to give to at least one particular recipient, the selection of items including both cash and one or more items of merchandise;

receiving an indication from any sender that a cash gift is to be given to the at least one particular recipient;

receiving from the sender of the cash gift funding for the cash gift;

distributing cash to the at least one particular recipient;

receiving an indication from any sender that a gift of an item of merchandise is to be given to the particular recipient;

receiving from the sender of the item of merchandise funding for the gift of the item of merchandise; and

distributing the item of merchandise to the particular recipient.

25. The method of claim 24, wherein the funding for at least one gift is capable of being received over a consumer-oriented money transfer network.

26. The method of claim 24, wherein the cash is capable of being distributed to the recipient over a consumer-oriented money transfer network.