Patent ID: 6769605
Filing Date: 2004-08-03
Classification: G06Q,G07F

Abstract:
A method of transferring cash from a sender to a receiver which comprises the steps of:a receiver obtains an unactivated cash card which includes a card identification number, indicia identifying the sponsoring company and machine readable means for indicating a variable amount of money; said receiver contacts an agent of the sponsoring company for card activation; said receiver provides a passcode to said agent; said agent activates said cash card; said receiver contacts a sender and requests transfer of an amount of money from sender to said cash card and provides said cash card identification number; sender deposits funds with said agent for crediting to said cash card; and said agent credits said cash card with said amount of money and causes said machine readable means to indicate said amount of money; whereby said receiver may use said cash card to obtain cash, services and goods.