Method and system for performing money transfer transactions
First Claim
1. A system for performing a money transfer receive transaction, the system comprising:
- a receive transaction staging device for providing a recipient direct access to an employee of a financial services institution in order to receive transaction details from the recipient and provide a receive control code to the recipient that corresponds to the transaction details;
a data base for storing the transaction details and the receive control code; and
a receive transaction fulfillment device in communication with the data base, the receive transaction fulfillment device being configured to receive the receive control code and to retrieve the transaction details from the data base based on the receive control code.
2 Assignments
0 Petitions
Accused Products
Abstract
A system for performing a money transfer receive transaction includes a receive transaction staging device which provides a recipient with access to a financial services institution in order to receive transaction details from the recipient. The system also includes a data base for storing transaction details and a receive control code, wherein the transaction details include a receive amount, and wherein the receive control code corresponds to the transaction details stored on the data base. The system further includes a receive transaction fulfillment device in communication with the data base to retrieve the receive control code and the transaction details from the data base based on the receive control code. The data base verifies the receive control code and authorizes the receive transaction fulfillment device to issue cash or another negotiable instrument corresponding to at least a portion of the receive amount.
122 Citations
13 Claims
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1. A system for performing a money transfer receive transaction, the system comprising:
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a receive transaction staging device for providing a recipient direct access to an employee of a financial services institution in order to receive transaction details from the recipient and provide a receive control code to the recipient that corresponds to the transaction details; a data base for storing the transaction details and the receive control code; and a receive transaction fulfillment device in communication with the data base, the receive transaction fulfillment device being configured to receive the receive control code and to retrieve the transaction details from the data base based on the receive control code. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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Specification