Methods and systems for transferring funds
US7182252B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 29, 2003 |
| Grant date | Feb 27, 2007 |
| Priority date | — |
| Expiry date | Jun 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.