Patent ID: 9747587
Date: 2017-08-29
CPC Classifications: G06Q

Claim:
1. A method of transferring money from a sender to a recipient using a third party money transfer service, the method comprising: providing a point of sale device at a money transfer origination location in communication with a host computer system of a money transfer network; receiving into the point of sale device transaction details for a requested money transfer by the sender, wherein the details include at least a sender name, a recipient name, and a transfer amount; determining with the point of sale device whether the requested transaction is an allowable transaction, based on specific details of the requested transaction or based on an aggregation of the requested transaction by determining whether the aggregation of the requested transaction exceeds a predetermined aggregation threshold and based on the sender's transaction history by determining whether a transaction pattern within the sender's transaction history comprises unallowable transaction patterns; in response to a determination that the transaction is not an allowable transaction, aborting the transaction; and in response to a determination that the transaction is an allowable transaction: