Money transfer cards, systems and methods
First Claim
1. A method of facilitating money transfers, the method comprising:
- establishing a money transfer record associated with a money transfer card;
making the money transfer card available for sale at a vendor location;
receiving, from the vendor location, at the request of a sender, a money transfer activation request associated with the money transfer record, wherein the activation request includes an activation amount of money to be associated to the money transfer card;
receiving, from the sender, the sender'"'"'s and at least one receiver'"'"'s personal identification information;
receiving from the sender a fulfillment request, wherein the fulfillment request comprises a request to transfer a first portion of the activation amount of money to the receiver;
in response to the fulfillment request, sending a money transfer transaction identifier to the sender;
authorizing a money transfer associated with the money transfer record to the receiver based on receipt of the money transfer transaction identifier;
receiving from the sender a second fulfillment request, wherein the second fulfillment request comprises a request to transfer a second portion of the activation amount of money to a second receiver; and
in response to the second fulfillment request, sending a second money transfer transaction identifier to the sender.
3 Assignments
0 Petitions
Accused Products
Abstract
The present invention provides systems and methods to initiate, facilitate, process and/or perform money transfers. One such method includes establishing a money transfer record (310) and receiving, from a vendor location, a money transfer activation request (320) associated with the money transfer record. The method includes receiving a fulfillment request (330) associated with the money transfer record, collecting a customer data set, and authorizing a money transfer (340) associated with the money transfer record. The money transfer is facilitated by the creation of a money transfer record, which may occur prior to the money transfer activation request. The customer then can initiate the money transfer while at the vendor location using, for example, money transfer cards available for purchase from the vendor.
388 Citations
20 Claims
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1. A method of facilitating money transfers, the method comprising:
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establishing a money transfer record associated with a money transfer card; making the money transfer card available for sale at a vendor location; receiving, from the vendor location, at the request of a sender, a money transfer activation request associated with the money transfer record, wherein the activation request includes an activation amount of money to be associated to the money transfer card; receiving, from the sender, the sender'"'"'s and at least one receiver'"'"'s personal identification information; receiving from the sender a fulfillment request, wherein the fulfillment request comprises a request to transfer a first portion of the activation amount of money to the receiver; in response to the fulfillment request, sending a money transfer transaction identifier to the sender; authorizing a money transfer associated with the money transfer record to the receiver based on receipt of the money transfer transaction identifier; receiving from the sender a second fulfillment request, wherein the second fulfillment request comprises a request to transfer a second portion of the activation amount of money to a second receiver; and in response to the second fulfillment request, sending a second money transfer transaction identifier to the sender. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A method of facilitating money transfers, the method comprising:
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establishing a money transfer record associated with a money transfer card, the money transfer card having an account identifier associated therewith; making the money transfer card available for purchase; receiving from a sender a money transfer activation request associated with the money transfer record, the activation request including the account identifier and an activation amount; receiving, from the sender, the sender'"'"'s and at least one receiver'"'"'s personal identification information; receiving a first and a second money transfer fulfillment request for the money transfer record, wherein each fulfillment request is for an amount that is less than the activation amount and wherein each fulfillment request comprises the account identifier; in response to the first fulfillment request, sending a first money transfer transaction identifier to the sender; in response to the second fulfillment request, sending a second money transfer transaction identifier to the sender, wherein the first and the second money transfer transaction identifiers are different; and authorizing a money transfer to the receiver based on receipt of either the first or the second money transfer transaction identifier. - View Dependent Claims (15, 16)
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17. A system for facilitating money transfers, comprising:
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a host computer system comprising a processor coupled to a database; wherein the host computer system further comprises; code for establishing a money transfer record associated with a money transfer card, the money transfer card having an account identifier associated therewith; code for receiving, from a vendor location, a money transfer activation request associated with a pre-established money transfer record, wherein the activation request includes an activation amount; code for receiving, from the sender, the sender'"'"'s and at least one receiver'"'"'s personal identification information; code for receiving a fulfillment request for the money transfer record, wherein the fulfillment request is for an amount that is a first portion of the activation amount, thereby retaining a second portion of the activation amount for subsequent money transfers; in response to the fulfillment request, code for sending a money transfer transaction identifier to the sender; code for authorizing a money transfer associated with the money transfer record to the receiver based on receipt of the money transfer transaction identifier; code for receiving a second fulfillment request, wherein the second fulfillment request comprises a request to transfer the second portion of the activation amount of money to a second receiver; and in response to the second fulfillment request, code for sending a second money transfer transaction identifier to the sender. - View Dependent Claims (18, 19, 20)
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Specification