Augmented Reality Money Transfer

• US 20110320290A1
• Filed: 06/29/2010
• Published: 12/29/2011
• Est. Priority Date: 06/29/2010
• Status: Active Grant

• Current Assignee: Western Union
• Original Assignee: Western Union
• Inventors: Mehew, Evans, DeBerardinis, Linda
• Granted Patent: US 10,083,482 B2
• Time in Patent Office: Days
• US Class Current: 705/16
• CPC Class Codes: G06K 19/0723 the record carrier comprising an arrangement for non-contact communication, e.g. wireless communication circuits on transponder cards, non-contact smart cards or RFIDs
• CPC Class Codes: G06K 7/084 sensing magnetic material by relative movement detecting flux changes without altering its magnetised state
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

According to the invention, a system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device is disclosed. The system may include a first mobile device associated with a first entity. The first mobile device may be configured to detect an indicator via an augmented reality subsystem. The indicator may include a characteristic and be associated with a second entity, as well as be configured to associate meta-information with the indicator. The first mobile device may further be configured to receive an input comprising an amount to be transferred from the first entity to the second entity and transmit a set of instructions to a money transfer network. The set of instructions may be based in part on the indicator and the input, and include instructions to perform a money transfer between the first entity and the second entity.

Claims

1. A system for performing a money transfer between a sender a recipient through the use of an augmented reality enabled device, wherein the system comprises:

a first mobile device, wherein;

the first mobile device is associated with a first entity; and

the first mobile device is configured to;

detect a first indicator via an augmented reality subsystem, wherein;

the first indicator is associated with a second entity;

the first indicator comprises a characteristic; and

the augmented reality subsystem is configured to associate meta-information with the first indicator based on the characteristic;

receive an input comprising an amount to be transferred from the first entity to the second entity; and

transmit a first set of instructions to a money transfer network, wherein;

the first set of instructions are based at least in part on the first indicator and the input; and

the first set of instructions comprises instructions to perform a money transfer between the first entity and the second entity.

2. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the first indicator is further associated with a second mobile device and the second entity is a person associated with the second mobile device.

3. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the characteristic comprises a selection from a group consisting of:

a location;

a physical characteristic;

a visual characteristic; and

a radio signal.

4. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the meta-information comprises a selection from a group consisting of:

a business name;

a personal name;

a phone number;

a communication address;

an account number; and

a currency amount.

5. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein being configured to receive the input comprising the amount to be transferred from the first entity to the second entity comprises being configured to detect the first indicator.

6. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the first indicator comprises a dynamic indicator, wherein the dynamic indicator changes the characteristic over time.

7. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the first mobile device is further configured to transmit a second set of instructions to a point-of-sale system associated with a money transfer network.

8. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 7, wherein the second set of instructions comprises a selection from a group consisting of:

a name;

an address;

a phone number;

an account number; and

a transaction instruction.

9. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the first entity comprises a first person, and wherein the first mobile device is further configured to:

receive from a point-of-sale system an anticipated wait time until the first person will be assisted by a second person, wherein the second person is associated with the money transfer network; and

display the anticipated wait time until the first person will be assisted by the second person.

10. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the second entity comprises a merchant, and the first mobile device is further configured to receive a survey from the merchant after the money transfer is initiated.

11. The system for performing a money transfer between a sender an a recipient through the use of an augmented reality enabled device of claim 1, wherein the first set of instructions being based at least in part on the first indicator comprises the first set of instructions being based at least in part on the meta-information.

12. A system for performing a money transfer between a sender and a recipient through the use of an augmented reality enabled device, wherein the system comprises:

a first mobile device, wherein;

the first mobile device is associated with a first entity; and

the first mobile device comprises;

a first means for detecting a characteristic of a first augmented reality indicator associated with a second entity;

a second means for associating meta-information with the first augmented reality indicator based on the characteristic;

a third means for receiving an input comprising an amount to be transferred from the first entity to the second entity; and

a fourth means for transmitting a first set of instructions to a money transfer network, wherein;

the first set of instructions are based at least in part on the first indicator and the input; and

the first set of instructions comprises instructions to perform a first money transfer between the first entity and the second entity.

13. The system for performing a money transfer between a sender and a recipient through the use of an augmented reality enabled device of claim 12, wherein:

the first mobile device is associated with a first financial account;

the second entity is associated with a second financial account; and

the instructions to perform a first money transfer between the first entity and the second entity comprises instructions to perform a second money transfer from the first financial account to the second financial account.

14. The system for performing a money transfer between a sender and a recipient through the use of an augmented reality enabled device of claim 12, wherein the first mobile device further comprises:

a fifth means for presenting a second augmented reality indicator, wherein the second augmented reality indicator is configured to identify the first entity.

15. The system for performing a money transfer between a sender and a recipient through the use of an augmented reality enabled device of claim 12, wherein the first mobile device further comprises:

a fifth means for presenting a second augmented reality indicator, wherein the second augmented reality indicator is configure to identify the first mobile device.

16. The system for performing a money transfer between a sender and a recipient through the use of an augmented reality enabled device of claim 14, wherein the second augmented reality indicator is configured to be detected by an augmented reality subsystem of a point-of-sale system.

17. The system for performing a money transfer between a sender and a recipient through the use of an augmented reality enabled device of claim 16, wherein the second augmented reality indicator being configured to be detected by the subsystem of the point-of-sale system comprises the second augmented reality comprising information necessary to initiate a third financial transfer from the first entity to a third entity associated with the point-of-sale system.

18. A method for performing a money transfer between a first entity and a second entity through the use of an augmented reality enabled device, wherein the method comprises:

detecting a first indicator via an augmented reality subsystem, wherein;

the first indicator is associated with the second entity; and

the first indicator comprises a characteristic;

associating, with the augmented reality subsystem, meta-information with the first indicator based on the characteristic;

receiving an input comprising an amount to be transferred from the first entity to the second entity; and

transmitting a first set of instructions to a money transfer network, wherein;

the first set of instructions are based at least in part on the first indicator and the input; and

the first set of instructions comprises instructions to perform a money transfer between the first entity and the second entity.

19. The method for performing a money transfer between a first entity and a second entity through the use of an augmented reality enabled device of claim 18, wherein the money transfer comprises a series of discrete money transfers over time.

20. The method for performing a money transfer between a first entity and a second entity through the use of an augmented reality enabled device of claim 19, wherein characteristics of the series of discrete money transfers over time are at least partially determined based on the first indicator.