Merchant cash payment systems and methods
First Claim
1. A computer-implemented method for facilitating the sale of goods or services, the method comprising:
- receiving, at an ordering system, payment information relating to a payment instrument being used to provide payment over the Internet for purchase of a good or a service;
transmitting from the ordering system a message to a merchant that includes information on the good or service being purchased to permit the merchant to provide the good or service;
collecting funds from an account associated with the payment instrument; and
transmitting a money transfer request from the ordering system to a money transfer computer system operable to process requests to transfer monetary values to designated recipients independently of a banking account of the recipients, the money transfer request including information usable by the money transfer computer system to provide a cash payment to the merchant for the Internet purchase, so that a cash payment is made rather than a deposit to a bank account of the merchant.
9 Assignments
0 Petitions
Accused Products
Abstract
A method for facilitating the sale of goods or services comprises receiving at an ordering system payment information relating to a payment instrument that is being used to purchase a good or a service from a merchant. The ordering system transmits a message to the merchant that includes information on the good or service being purchased to permit the merchant to provide the good or service. Funds are collected from an account associated with the payment instrument, and the ordering system transmits to a money transfer computer system information useable by the money transfer computer system to provide a cash payment to the merchant.
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Citations
19 Claims
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1. A computer-implemented method for facilitating the sale of goods or services, the method comprising:
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receiving, at an ordering system, payment information relating to a payment instrument being used to provide payment over the Internet for purchase of a good or a service; transmitting from the ordering system a message to a merchant that includes information on the good or service being purchased to permit the merchant to provide the good or service; collecting funds from an account associated with the payment instrument; and transmitting a money transfer request from the ordering system to a money transfer computer system operable to process requests to transfer monetary values to designated recipients independently of a banking account of the recipients, the money transfer request including information usable by the money transfer computer system to provide a cash payment to the merchant for the Internet purchase, so that a cash payment is made rather than a deposit to a bank account of the merchant. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method for facilitating the sale of goods or services using a payment instrument over the Internet, the method comprising:
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receiving at a money transfer computer system a request to make a cash payment to a merchant independently of a banking account of the merchant; transmitting from the money transfer computer system to the merchant a cash pick-up identifier; and receiving at a money transfer location the cash pick-up identifier from the merchant; and making the cash payment to the merchant rather than a deposit to a bank account of the merchant. - View Dependent Claims (14)
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15. A computerized system for facilitating the sale of goods or services, the computerized system comprising:
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an ordering computer system having at least one computer readable storage medium having at least one computer-readable program for operation of the ordering computer system; and wherein the ordering computer system is configured; to receive and store payment information relating to a payment instrument being used to provide payment over the Internet for purchase of good or a service from a merchant; to transmit to the merchant a message that includes information on the good or service being purchased; to receive collection information on funds collected from an account associated with the payment instrument; and to transmit a money transfer request to a money transfer computer system operable to process requests to transfer monetary values to designated recipients independently of banking accounts of the recipients, the money transfer request including information usable by the money transfer system to provide a cash payment to the merchant for the Internet purchase rather than a deposit to a bank account of the merchant. - View Dependent Claims (16, 17, 18, 19)
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Specification