USER VERIFICATION FOR ELECTRONIC MONEY TRANSFERS
First Claim
1. A system, comprising:
- a communication device associated with a money transfer service and configured to transmit a fund transfer message to a destination associated with a payee to notify the payee of a fund transfer from a payer; and
a transfer management component associated with the communication device and configured to receive a fund transfer request from a payer communication device associated with the payer, generate the fund transfer message to facilitate transfer of a specified amount of funds from an account associated with the payer to the payee, and at least one of verify the payee or associate an electronic object with the fund transfer message that requires the payee to be verified before access to the funds is granted to the payee, regardless of whether the payee is registered with the money transfer service, wherein verification information, comprising an item of authentication information that originates from the payer communication device, is transmitted in a separate message to a payee communication device from the payer communication device to facilitate the verification of the payee based at least in part on the item of authentication information.
1 Assignment
0 Petitions
Accused Products
Abstract
Techniques for efficient transfer of funds between parties using personal communication devices are presented. A sender can use a first communication device to transfer funds from an account associated with the sender to a recipient via a communication address associated with the recipient'"'"'s second communication device even if the recipient is not registered with a financial service provider associated with the account of the sender, without requiring the recipient to travel to a physical office or present a physical personal identification to obtain the funds. A transfer fund request can include the recipient'"'"'s communication address, and a fund transfer message, comprising a link that facilitates retrieving the funds, can be sent to the recipient'"'"'s communication address, and the recipient can be validated based on the communication address and/or a validation code. When validated, the funds can be made available to the recipient via an account of the recipient.
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Citations
29 Claims
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1. A system, comprising:
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a communication device associated with a money transfer service and configured to transmit a fund transfer message to a destination associated with a payee to notify the payee of a fund transfer from a payer; and a transfer management component associated with the communication device and configured to receive a fund transfer request from a payer communication device associated with the payer, generate the fund transfer message to facilitate transfer of a specified amount of funds from an account associated with the payer to the payee, and at least one of verify the payee or associate an electronic object with the fund transfer message that requires the payee to be verified before access to the funds is granted to the payee, regardless of whether the payee is registered with the money transfer service, wherein verification information, comprising an item of authentication information that originates from the payer communication device, is transmitted in a separate message to a payee communication device from the payer communication device to facilitate the verification of the payee based at least in part on the item of authentication information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 26, 27, 29)
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14. A method, comprising:
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transmitting, by a system including a processor, a fund transfer message to a communication address associated with an intended recipient of funds associated with the fund transfer message, notwithstanding registration status of the intended recipient with a transfer management component that is managing a fund transfer associated with the fund transfer message, wherein verification information, comprising an item of authentication information that originates from a payer communication device, is transmitted in a separate message to an intended-recipient communication device from the payer communication device to facilitate verification of the intended recipient based at least in part on the verification information, and the payer communication device is associated with a payer initiating the fund transfer to the intended recipient; and controlling, by the system, access to the funds by the intended recipient associated with the fund transfer message based at least in part on the verification information, comprising the item of authentication information, associated with the fund transfer. - View Dependent Claims (15, 16, 17, 18, 19, 20, 28)
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21. A computer program product comprising a computer readable storage medium comprising computer executable instructions that, in response to execution, cause a system including a processor to perform operations, comprising:
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transmitting a fund transfer message to a communication address associated with a payee in relation to funds associated with the fund transfer message irrespective of a registration status of the payee with a transfer management component managing a fund transfer associated with the fund transfer message, wherein verification information, comprising an item of authentication information that originates from a payer communication device, is transmitted in a separate message to the communication address associated with the payee from the payer communication device to facilitate verification of the payee based at least in part on the verification information, the payee is one of registered with the transfer management component or not registered with the transfer management component, and the payer communication device is associated with a payer initiating the fund transfer to the payee; and controlling access to the funds by the payee associated with the fund transfer message based at least in part on the verification information, comprising the item of authentication information.
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22. A communication device, comprising:
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a user interface configured to display information relating to a transfer of funds facilitated by a money transfer service; and a message component configured to receive verification information, comprising an item of authentication information that originates from the payer communication device, via a message from a payer communication device and provide the verification information, comprising the item of authentication information, to facilitate verification of a user associated with the communication device to facilitate access to the funds by the user upon being verified, regardless of whether the user is registered with the money transfer service, wherein the user is one of registered with the money transfer service or not registered with the money transfer service, and the payer communication device is associated with a payer requesting the transfer of funds to the user. - View Dependent Claims (23, 24, 25)
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Specification