Merchant cash payment systems and methods
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United States of America Patent
Stats
-
Feb 3, 2009
Grant Date -
Oct 2, 2003
app pub date -
Sep 30, 2002
filing date -
Mar 27, 2002
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A method for facilitating the sale of goods or services comprises receiving at an ordering system payment information relating to a payment instrument that is being used to purchase a good or a service from a merchant. The ordering system transmits a message to the merchant that includes information on the good or service being purchased to permit the merchant to provide the good or service. Funds are collected from an account associated with the payment instrument, and the ordering system transmits to a money transfer computer system information useable by the money transfer computer system to provide a cash payment to the merchant.
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