In-lane money transfer systems and methods
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United States of America Patent
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Oct 7, 2014
Grant Date -
Dec 5, 2013
app pub date -
May 17, 2013
filing date -
May 18, 2005
priority date (Note) -
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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 receiving a request for a transfer pair verification from a vendor location (360), and verifying that the transfer pair is associated with a valid transfer pair record (362). The method includes sending the transfer pair verification to the vendor location (368), receiving a money transfer request (370) associated with the transfer pair from the vendor location, and authorizing a money transfer (372) to at least one of a first and second customers associated with the transfer pair. In this manner, a vendor location, which may include a point-of-sale device and may be a retail outlet (e.g., grocery store, gas station, or the like), can be used to facilitate a money transfer between two customers.
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