Method and system for performing a cash transaction with a self-service financial transaction terminal
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United States of America Patent
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Nov 22, 2011
Grant Date -
Jun 6, 2002
app pub date -
Jul 20, 2001
filing date -
Jul 20, 2000
priority date (Note) -
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Abstract
A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.
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