Methods and systems for transferring funds
US6736314B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 8, 2001 |
| Grant date | May 18, 2004 |
| Priority date | — |
| Expiry date | Sep 4, 2021 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/346
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and systems for transferring funds are disclosed that utilize a transfer card issued to a sender that enables the sender to transfer funds at independent host locations. The transfer card is encoded with information about the sender and the intended receiver so that transfer forms are not required for each transaction. The receiver obtains the funds via a distribution center, wherein the personal identity of the receiver is verified before the funds are distributed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.