Value transfer systems and methods
First Claim
Patent Images
1. A method for facilitating the transfer of value, the method comprising:
- receiving at a host computer system from a remote computer a request from a sender to transfer value;
transmitting from the host computer system a computer readable document requesting information on the requested transfer, wherein the requested information on the transfer comprises information about a recipient of the value;
receiving the requested information at the host computer system;
determining with the host computer system multiple options for transferring the value based on the received information about the recipient; and
transmitting from the host computer system a computer readable document containing at least one recommended option for selection in completing the transfer, wherein the recommended option is based on the received information about the recipient so that it is tailored to the recipient.
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Accused Products
Abstract
One method involves the use of stored value account that may be used, for example, to make internet payments, and that can be credited using a variety of payment techniques. Such a method involves receiving money at a money transfer location from a potential purchaser. The money is then stored as an electronic record in a stored value account of the purchaser. This money is then available for transfer at the request of the purchaser. Upon such a request, the money may be electronically sent to a recipient and the stored value account may be debited.
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Citations
23 Claims
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1. A method for facilitating the transfer of value, the method comprising:
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receiving at a host computer system from a remote computer a request from a sender to transfer value; transmitting from the host computer system a computer readable document requesting information on the requested transfer, wherein the requested information on the transfer comprises information about a recipient of the value; receiving the requested information at the host computer system; determining with the host computer system multiple options for transferring the value based on the received information about the recipient; and transmitting from the host computer system a computer readable document containing at least one recommended option for selection in completing the transfer, wherein the recommended option is based on the received information about the recipient so that it is tailored to the recipient. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system to facilitate the transfer of value, comprising:
a host computer system having an input interface, an output interface, and a rules engine that is configured to determine multiple options for transferring value from a sender based on information from the sender received at the input interface which relates to a recipient of the value, and to transmit a computer readable document from the output interface having at least one recommended option for selection in completing the transfer, with the recommended option based on the information which relates to the recipient, so that the recommended option is tailored to the recipient. - View Dependent Claims (12, 13, 14)
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15. A method for transferring value, the method comprising:
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receiving at a host computer system a request from a sender to transfer value to multiple recipients along with one or more restrictions about how the value may be received by the recipients; receiving a request at the host computer system to provide the value to one or more of the recipients; and determining with the host computer system the manner of the transfer based on the restriction, wherein the restriction is selected by the sender and comprises providing only a portion of the value to each of the multiple recipients. - View Dependent Claims (16, 17, 18, 19, 20, 21)
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22. A value transfer system comprising;
a host computer system having an input interface, an output interface, and a rules engine, wherein the input interface is configured to receive a request from a sender to transfer value to multiple recipients along with one or more restrictions about how the value may be received by the recipients, and to receive a request to provide the value to one or more of the receipts, wherein the rules engine is configured to determine the manner of the transfer based on the restriction, and wherein the restriction is selected by the sender and comprises providing only a portion of the value to each of the multiple recipients.
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23. A method for facilitating the transfer of value, the method comprising:
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receiving at a host computer system from a remote computer a request from a sender to transfer value; transmitting from the host computer system to the remote computer a computer readable document requesting information on the requested transfer; receiving the requested information at the host computer system; determining with the host computer system multiple options for transferring the value based on the received information regarding the transfer; and transmitting from the host computer system to the remote computer a computer readable document containing at least a recommended one of the options, wherein the options are to be selected by the sender from a group consisting of a transfer to a money handling location, a transfer to a financial kiosk, a transfer to a cash dispensing machine, a transfer to a financial account, a transfer by way of a negotiable instrument and a transfer to a stored value card, the recommended one of the options based on the information regarding the transfer so that it is tailored to the recipient.
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Specification