Patent ID: 7878393

Claim:
A method of performing money transfer send transactions comprising: receiving at a non-bank financial institution (NBFI) data center registration information from a customer, including customer identification and qualification information and payment source identification; performing verification of at least a portion of the identification and qualification information and at least a portion of the payment source identification and upon sufficient verification building a distribution profile in memory at the NBFI data center; receiving at the NBFI data center from the customer and storing in the distribution profile send transaction specifications to stage each of two or more proposed send transactions; receiving from a remote user access portal communicating with the NBFI data center a send initiation instruction with associated customer authentication data and payment source identification and responsive thereto, identifying from the customer authentication data a distribution profile in memory at the NBFI data center and based on the send initiation instruction identifying at least one of the staged send transaction specifications from the identified distribution file to be executed; and responsive to the send initiation instruction, verifying the authentication data and the current status of the payment source identified in the distribution profile and upon sufficient verification, initiating a send transaction and a delivery of funds from a NBFI send system of the NBFI data center communicating with a non-bank agent network according to the at least one staged send transaction specification.