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Method and system for automated value transfer

  • US 7,195,151 B2
  • Filed: 09/04/2003
  • Issued: 03/27/2007
  • Est. Priority Date: 02/25/2003
  • Status: Active Grant
First Claim
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1. A method for obtaining a cash withdrawal from a dispensing unit comprising:

  • enabling the dispensing unit, in response to a first numeric string, to receive a second numeric string, wherein the first numeric string is associated with a disbursement account available to a plurality of unrelated users and the second numeric string is associated with a predetermined cash amount;

    entering the second numeric string into the dispensing unit; and

    obtaining the predetermined cash amount from the dispensing unit;

    wherein the second numeric string is randomly generated.

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