Method for receiving electronically transferred funds using an automated teller machine
First Claim
1. A method for performing a money transfer receive transaction involving a desired amount of money to be transferred from a sender to a recipient, the method comprising:
- receiving transaction identifying information provided by the recipient, wherein the transaction identifying information is not operable at a dispensing terminal;
comparing the transaction identifying information with transaction data stored on a host computer system;
providing a confirmation code, to be issued to the recipient, if the transaction identifying information matches the transaction data stored on the host computer system;
storing the confirmation code on the host computer system;
receiving at the host computer system input corresponding to the confirmation code from the dispensing terminal in communication with the host computer system;
comparing the input to the confirmation code stored on the host computer system; and
allowing funds, corresponding to at least a portion of the desired amount of money, to be dispensed by the dispensing terminal if the input matches the confirmation code stored on the host computer system.
6 Assignments
0 Petitions
Accused Products
Abstract
A method for performing a money transfer receive transaction involving a desired amount of money to be transferred from a sender to a recipient includes receiving transaction identifying information provided by the recipient; comparing the transaction identifying information with transaction data stored on a host computer system; providing a confirmation code, to be issued to the recipient, if the transaction identifying information matches the transaction data stored on the host computer system; storing the confirmation code on the host computer system; receiving at the host computer system input corresponding to the confirmation code from a dispensing terminal in communication with the host computer system; comparing the input to the stored confirmation code; and allowing funds, corresponding to at least a portion of the desired amount of money, to be dispensed by the dispensing terminal if the input matches the stored confirmation code.
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Citations
39 Claims
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1. A method for performing a money transfer receive transaction involving a desired amount of money to be transferred from a sender to a recipient, the method comprising:
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receiving transaction identifying information provided by the recipient, wherein the transaction identifying information is not operable at a dispensing terminal; comparing the transaction identifying information with transaction data stored on a host computer system; providing a confirmation code, to be issued to the recipient, if the transaction identifying information matches the transaction data stored on the host computer system; storing the confirmation code on the host computer system; receiving at the host computer system input corresponding to the confirmation code from the dispensing terminal in communication with the host computer system; comparing the input to the confirmation code stored on the host computer system; and allowing funds, corresponding to at least a portion of the desired amount of money, to be dispensed by the dispensing terminal if the input matches the confirmation code stored on the host computer system. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 21, 22, 23, 24, 25, 26, 27, 28, 29, 32, 34, 35, 39)
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20. A method for performing a money transfer transaction, the method comprising:
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storing transaction data on a host computer system, wherein the transaction data includes a desired amount of money to be electronically transferred from a sender to a recipient; receiving at the host computer system transact on identifying information from a receive-transaction initiating terminal in communication with the host computer system, wherein the transaction identifying information is provided by the recipient; comparing the transaction identifying information with the transaction data stored on the host computer system; providing, by the host computer system, an identification number and a confirmation code to the receive-transaction initiating terminal, for issuance to the recipient, if the transaction identifying information matches the transaction data stored on the host computer system; storing the identification number and the conformation code on the host computer system; receiving at the host computer system input corresponding to the identification number and the confirmation code from a dispensing terminal in communication with the host computer system; comparing the input to the identification number and the confirmation code stored on the host computer system; and authorizing funds corresponding to at least a portion of the desired amount of money to be dispensed by the dispensing terminal if the input matches the identification number and the confirmation code stored on the host computer system. - View Dependent Claims (30, 31, 33, 36, 37)
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38. A method for performing a money transfer receive transaction involving a desired amount of money to be transferred from a sender to a recipient, the method comprising:
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receiving transaction identifying information provided by the recipient; comparing the transaction identifying information with transaction data stored on a host computer system; providing a confirmation code, to be issued to the recipient, if the transaction identifying information matches the transaction data stored on the host computer system; storing the confirmation code on the host computer system; loading payout funds into a payout account associated with the confirmation code in response to the transaction identifying information matching the transaction data; receiving at the host computer system input corresponding to the confirmation code from a dispensing terminal in communication with the host computer system; comparing the input to the confirmation code stored on the host computer system; and allowing funds, corresponding to at least a portion of the desired amount of money, to be dispensed by the dispensing terminal from the payout account if the input matches the confirmation code stored on the host computer system.
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Specification