SYSTEM FOR FUNDS TRANSFER USING SOURCE ATM AND DELIVERING ATM
First Claim
1. A system supporting a plurality users for managing funds transfer and banking, the system comprising:
- a source automated teller machine (ATM) that initiates a funds transfer of a specified first amount to a recipient based on a funds transfer instructions received from a sender; and
a delivering ATM that conducts funds transfer of the specified first amount to the recipient.
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Accused Products
Abstract
A system for conducting funds transfer using a source ATM and a delivering ATM. In one embodiment, a sender can use the source ATM to initiate a funds transfer, deliver cash into it, or a check, or select a bank account with sufficient funds available, to be the source of funds. The sender can even use his ATM card to login to the source ATM and provide a passcode or PINcode (such as a 4 digit PINcode) if challenged to be able to use the source ATM. Similarly, the recipient uses the delivering ATM to receive funds, providing a transaction id and security information (such as a security token, for example) when prompted by the user interaction screen and keyboard circuitry. The sender and the recipient need not have any bank accounts to conduct funds transfer.
36 Citations
20 Claims
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1. A system supporting a plurality users for managing funds transfer and banking, the system comprising:
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a source automated teller machine (ATM) that initiates a funds transfer of a specified first amount to a recipient based on a funds transfer instructions received from a sender; and a delivering ATM that conducts funds transfer of the specified first amount to the recipient. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A method for a system employed by a plurality of users for managing funds transfer and banking using corresponding ones of a plurality of mobile devices, the method comprising:
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initiating, by a source device, a funds transfer of a specified first amount to a recipient based on a funds transfer instructions received from a sender, wherein the source device is a source ATM or a user'"'"'s personal device communicatively coupled to a server infrastructure; and conducting, by a delivering ATM, funds transfer of the specified first amount to the recipient. - View Dependent Claims (13, 14)
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15. A server infrastructure for supporting funds transfer, the server infrastructure comprising:
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a first interface to receive a funds transfer instructions from a sender sending a first funds transfer; a second interface to communicate a funds delivery instructions for the first funds transfer to a delivering ATM; and a third interface to communicate a notification about the first funds transfer to a recipient mobile device. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification