Patent ID: 8494956
Filing Date: 2013-07-23
Classification: G06Q,G07F

Abstract:
1. A method for transferring funds, comprising: receiving at a web server computer a request to transfer funds from a sender to a receiver, wherein the request is made by the sender accessing a web page at the web server, wherein the request includes information identifying the sender and a payment vehicle for providing funds to transfer, and wherein the identifying information is entered at the web page by the sender using a web browser-enabled device; validating the payment vehicle and generating at the web server computer both a transaction identifier, for uniquely identifying a money transfer transaction and associated with funds to be transferred, and a pass code for subsequent use in verifying the receiver; transmitting both the transaction identifier and the pass code from the web server computer to the sender, for the sender to provide to the receiver; receiving at an automated teller machine (ATM) the transaction identifier and pass code inputted by the receiver; transmitting the inputted transaction identifier and pass code from the ATM to the web server computer; validating, at the web server computer, the inputted transaction identifier and pass code received from the ATM; and dispensing funds if both the inputted transaction identifier and pass code are validated at the web server computer; further comprising receiving a request for pick-up information at the web server computer from the web browser-enabled device, the request for pick-up information relating to a pick-up location nearby the receiver, and transmitting ATM information from the web server computer to the web browser-enabled device, the ATM information relating to nearby ATM locations where the funds may be received.