Patent ID: 7139694
Filing Date: 2006-11-21
Classification: G06Q

Abstract:
1. A method for transferring an electronic sum of money in real time from a money sender credit memory, which contains a prepaid credit, to a money receiver credit memory, which may be an account, via a telecommunications and data network, the method comprising the steps of: storing a money receiver data record, including at least one call number for a terminal associated with the money receiver in the telecommunications network and an account identifier for the money receiver credit memory, in at least one of a transaction database and a credit management database, with at least the call number being stored in the transaction database, within a context of a subscription of the moneys receiver to a money transfer service with a service provider; storing a money sender data record, including at least one call number for a terminal, an account identifier for the money sender credit memory and an authentication data record for the money sender, in at least one of the transaction database and the credit management database, setting up a connection between one of the money receiver terminal and a money sender terminal and a transaction server associated with the service provider using one of a service call number and a special number; inputting the call number of the terminal of the respective party to the money transfer; inputting the sum of money to be transferred on the respective one of the money receiver terminal and the money sender terminal and transmitting the sum of money to the transaction server; reading, via the transaction server, the money receiver data record and, as desired, the money sender data record from the transaction database; evaluating, via the transaction server, the money receiver data record and, as desired, the money sender data record, including setting up an optionally required data link to at least one external application; documenting, via the transaction server, a debit and a credit operation in the form of a log record; checking a coverage of the sum of money in the money sender credit memory; reserving the sum of money if the sum of money is covered; terminating the process with signaling if the sum of money is not covered; debiting the sum of money from the money sender credit memory, and documenting same, if the sum of money is covered; crediting the sum of money to the money receiver credit memory, and documenting same, if the sum of money is covered; transmitting respective information about at least one of the debit and the credit operation to, respectively, the at least one of the money receiver terminal and the money sender terminal, wherein the authentication data record in the money sender data record includes at least one of an authentication code and biometric data for the money sender and, before the debit operation step, authorization of the debit operation is performed, which further comprises the steps of: