Money transfer cards, systems and methods
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United States of America Patent
Stats
-
Jan 5, 2010
Grant Date -
Nov 23, 2006
app pub date -
May 18, 2005
filing date -
May 18, 2005
priority date (Note) -
In Force
status (Latency Note)
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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.
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