Patent ID: 9033223
Filing Date: 2015-05-19
Classification: G06F,G06Q

Abstract:
1. A method comprising: receiving registration information and money transfer transaction specifications from an access portal comprising a computer, the registration information including associated customer authentication data of a customer and identifying a payment source for staging a plurality of staged send transactions based on the money transfer transaction specifications; generating a distribution profile at a data center, based on the registration information; storing the money transfer transaction specifications in the distribution profile at the data center; identifying the distribution profile at the data center, in response to an initiation instruction and the associated customer authentication data presented by the customer; identifying one of the money transfer transaction specifications in the distribution profile based on the initiation instruction, wherein the distribution profile is only available for use if the customer authentication data are correctly presented; verifying a status of the payment source for funding one of the staged send transactions, according to the identified money transfer transaction specification; and initiating the staged send transaction for delivery of a send amount based on the status of the payment source at a time the send transaction is initiated; wherein the payment source is funded by payment to an agent; and wherein the send amount is set at a time of the initiation instruction and is not included in the identified money transfer transaction specification.