Patent ID: 8498932
Filing Date: 2013-07-30
Classification: G06Q,G07F

Abstract:
1. A method of funds transfer comprising the steps of: a. distributing at least one of a plurality of money account cards having specified capabilities to a retailer, each money account card having information associated with a predetermined account with one or more financial institutions, the retailer distributing the money account card to a purchaser thereof; b. receiving funds for allocation to the predetermined account, said funds being received from the purchaser of said money account card from the retailer; c. distributing at least a portion of the funds received into said predetermined account to a holder of the at least one money account card; and d. permitting the customer to furnish personal information of the holder other than a PIN, by communicating with the holder through an ATM, Internet connection or telephone call, and in response, activating or altering a previously dormant capability of the at least one money account card apart from withdrawal of funds.