Patent · US Expired

Methods and systems for transferring funds

US7182252B1 · kind B1 · utility

45Cited by
24References
48Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 29, 2003
Grant dateFeb 27, 2007
Priority date
Expiry dateJun 30, 2024

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/00
  • 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 may be 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.