Systems and methods for price matching on funds transfers
First Claim
1. A method for performing a value transfer, the method comprising:
- providing a staged transaction system, wherein the staged transaction system includes at least a first stage and a second stage;
providing a first quote associated with the first stage using the transaction system, wherein the quote includes at least one fee associated with the value transfer;
providing an identification code in association with the first stage;
receiving a request to perform the second stage, wherein the request includes the identification code;
providing a second quote associated with the second stage using the transaction system and the identification codewith the transaction system, comparing the first quote to the second quote, selecting one of the first quote and the second quote, wherein the selected quote is used to consummate the value transfer.
1 Assignment
0 Petitions
Accused Products
Abstract
Systems and methods for performing financial transfers. In some instances, the methods include providing a staged transaction system that includes at least two stages. Quotes are accessed for the first and for the second stage of the transaction. One quote associated with a stage of the transaction is selected and used to consummate the financial transfer. Other methods include marketing financial transfer transactions. Such marketing can include providing a flexible rate fixing mechanism; monitoring a financial transaction market; and fixing a rate based at least in part on monitoring the financial transaction market where the flexible rate fixing mechanism provides access to the fixed rate.
10 Citations
31 Claims
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1. A method for performing a value transfer, the method comprising:
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providing a staged transaction system, wherein the staged transaction system includes at least a first stage and a second stage; providing a first quote associated with the first stage using the transaction system, wherein the quote includes at least one fee associated with the value transfer; providing an identification code in association with the first stage; receiving a request to perform the second stage, wherein the request includes the identification code; providing a second quote associated with the second stage using the transaction system and the identification code with the transaction system, comparing the first quote to the second quote, selecting one of the first quote and the second quote, wherein the selected quote is used to consummate the value transfer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method for performing a money transfer send transaction, the method comprising:
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receiving a request for a money transfer send transaction; providing a first quote associated with the send transaction wherein the first quote includes at least one fee; receiving a request to consummate the send transaction; obtaining a second quote associated with the request to consummate the send transaction, wherein the obtaining of the second quote occurs after the providing of the first quote; and selecting one of the first quote and the second quote, wherein the selected quote is used to consummate the send transaction. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21)
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22. A system for providing financial transactions, the system comprising:
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a computer including a processor and a computer readable medium, wherein the computer readable medium comprises instructions executable by the processor to; receive a request for a transaction; obtain a first quote in relation to the transaction wherein the first quote includes at least one fee for consummating the transaction; receive a request to consummate the transaction; and thereafter obtain a second quote in relation to the request to consummate the transaction. - View Dependent Claims (23, 24, 25)
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26. A method for marketing financial transfer transactions, the method comprising:
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providing a flexible rating mechanism that is configured to dynamically develop a transaction fee based on criteria relevant to a given transaction; monitoring a financial transaction market to obtain data relating to the criteria; providing a quote for performing a financial transfer transaction using the flexible rating mechanism; and fixing a rate based at least in part on monitoring the financial transaction market. - View Dependent Claims (27, 28, 29, 30, 31)
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Specification