Method and apparatus for money transfer

Patent metadata

Field	Value
Publication number	US-8998079-B2
Application number	US-201414283506-A
Country	US
Kind code	B2
Filing date	May 21, 2014
Priority date	Feb 28, 2005
Publication date	Apr 7, 2015
Grant date	Apr 7, 2015

Abstract

A staged bill payment transaction method comprises receiving transaction information from a user terminal at a kiosk, building a staging record at a data center in communication with the kiosk, and providing a retrieval key to the sender. The transaction information includes sender and biller information, for example where the sender has an account with the biller. The staging record comprises the transaction information and the retrieval key, which identifies the staging record for finalizing the transaction. If the retrieval key leads to the staging record at the data center, the staged bill payment transaction proceeds to credit a send amount to biller. If not, the transaction is rejected.

First claim

The invention claimed is:

1. A method comprising:
receiving recipient identification information from a terminal at a kiosk, wherein the recipient has an account for a money transfer transaction available at the kiosk;
identifying a staging record with the recipient at a data center in communication with the kiosk, the staging record comprising compliance data for the money transfer transaction and a transaction pointer that locates a send transaction record including sender inf…

Assignees

• Moneygram Int Inc

Inventors

• Henry James M
• Steiger Jr Billy Joe

Classifications

• G06Q30/018

  Physics · mapped topic

• G06Q20/10

  Physics · mapped topic

• G06Q20/102

  Physics · mapped topic

• G06Q20/367

  Physics · mapped topic

• G06Q20/108 Primary

  Physics · mapped topic