Invention Grant
- Patent Title: Method and system for performing money transfer transactions
- Patent Title (中): 执行汇款交易的方法和系统
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Application No.: US11411296Application Date: 2006-04-26
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Publication No.: US07673792B2Publication Date: 2010-03-09
- Inventor: Earney E. Stoutenburg , Dean A. Seifert
- Applicant: Earney E. Stoutenburg , Dean A. Seifert
- Applicant Address: US CO Englewood
- Assignee: The Western Union Company
- Current Assignee: The Western Union Company
- Current Assignee Address: US CO Englewood
- Agency: Brooks Kushman P.C.
- Main IPC: G06F17/60
- IPC: G06F17/60

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.
Public/Granted literature
- US20060191999A1 Method and system for performing money transfer transactions Public/Granted day:2006-08-31
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