Systems and methods for generating revenue from banking transactions using a stored-value card
First Claim
Patent Images
1. A method of operating a kiosk that generates revenue from financial services, the method comprising:
- determining an identity of a user at a kiosk;
transmitting identity information from the kiosk, the identity information associated with a personal identification record for the user;
receiving a validation of a the personal identification record of the user by the kiosk based on a government database; and
if the personal identification record of the user of the kiosk is valid, then, determining a stored-value account related to a stored-value card for a user of the kiosk,remotely accessing a stored cash value associated with the stored-value account by the kiosk,performing a banking transaction using the stored-value account;
determining a service fee for the banking transaction; and
deducting the service fee from the stored-value account or a value of the banking transaction.
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Abstract
Systems and methods for generating revenue from banking transactions use a kiosk to perform financial services. The kiosk determines a stored-value account related to a stored-value card for a user of the kiosk. The kiosk performs a banking transaction using the stored-value account. The kiosk then determines a service fee for the banking transaction. The kiosk deducts the service fee from the stored-value account or a value of the banking transaction.
79 Citations
37 Claims
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1. A method of operating a kiosk that generates revenue from financial services, the method comprising:
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determining an identity of a user at a kiosk; transmitting identity information from the kiosk, the identity information associated with a personal identification record for the user; receiving a validation of a the personal identification record of the user by the kiosk based on a government database; and if the personal identification record of the user of the kiosk is valid, then, determining a stored-value account related to a stored-value card for a user of the kiosk, remotely accessing a stored cash value associated with the stored-value account by the kiosk, performing a banking transaction using the stored-value account; determining a service fee for the banking transaction; and deducting the service fee from the stored-value account or a value of the banking transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A kiosk for performing financial services that generates revenue, the kiosk comprising:
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a dispenser system configured to dispense a stored-value card from the kiosk; a processor configured to; determine an identity of a user at a kiosk; transmit identity information from the kiosk, the identity information associated with a personal identification record for the user; receive a validation of the personal identification record of a user of the kiosk based on a government database, and if the personal identification record of the user of the kiosk is valid, then; create a stored-value account for a user of the kiosk, associate the stored value card with the stored value account, perform a banking transaction using the stored-value account, determine a service fee for the banking transaction, and deduct the service fee form the stored-value account or a value of the banking transaction; and a storage system configured to store data. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25)
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26. A computer readable storage medium having embodied thereon executable instructions for a processor performing a method for operating a kiosk to perform financial services, the method comprising:
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receiving a stored value card and user data at the kiosk; determining an identity of a user from the a stored value card and user data; transmitting identity information from the kiosk, the identity information associated with a personal identification record for the user; receiving a validation of the personal identification record of the user by the kiosk based on a government database; determining a stored-value account related to the stored-value card for the user of the kiosk; performing a banking transaction using the stored-value account; determining a service fee for the banking transaction; and deducting the service fee from the stored-value account or a value of the banking transaction. - View Dependent Claims (27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37)
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Specification