Patent ID: 7870065
Filing Date: 2011-01-11
Classification: G06Q,G07F

Abstract:
1. A method of transferring a sum of money from a customer to a beneficiary via a money-transfer service, an electronic communications network, a network of money dispensing machines and a plurality of distributors of money pick up devices and corresponding PINs (personal identification numbers) capable of selectively operating said money dispensing machines, said method comprising: accessing by said customer said money-transfer service via said electronic communications network; transmitting a data-input document from said money-transfer service to said customer via said electronic communications network; entering by said customer transaction data into said data-input document to record information corresponding to a specific money-transfer transaction between said customer and said beneficiary, said information including an amount of said sum of money to be transferred, an identification of said customer, an identification of said beneficiary, and basic payment data for said money-transfer service to use in collecting said sum of money; transmitting said transaction data from said customer to said money-transfer service via said electronic communications network; generating by said money-transfer service a transaction record within a database on a server computer connected to said electronic communication network, the transaction record being associated with the specific money-transfer transaction and including said transaction data; collecting by said money-transfer service said sum of money in accordance with said basic payment data; generating by said money-transfer service a unique device pick-up code corresponding to said specific money-transfer transaction, the transaction record associated with the money-transfer transaction including the unique device pick-up code; providing by said money-transfer service said customer with said unique device pick-up code; providing by said customer said beneficiary with said unique device pick-up code; presenting by said beneficiary said unique device pick-up code to one of said plurality of distributors; accessing by said one distributor said transaction record containing said presented unique device pick-up code via said electronic communication network; generating by said one distributor a device record within said database via said electronic communication network, said generated device record including data representing an activated money pick-up device and data identifying the sum of money for transfer to the beneficiary as reflected in said transaction record; generating by said one distributor a PIN associated with the activated money pick-up device, said generated PIN being different than said presented unique device pick-up code and said generated device record including data representing the generated PIN; and providing by said one distributer said activated money pick-up device and said generated PIN to said beneficiary.