Patent ID: 8489505

Claim:
A computerized method to accept and settle cash transaction payments, said computerized method comprising the steps of: a. initiating a non-store retailing transaction between an unbanked consumer and a merchant, and wherein said consumer is remote from said merchant; b. electronically communicating transaction information from said merchant to a central processing unit having a memory and a processor, and wherein said central processing unit is remote from said merchant and from said consumer; c. subsequent to steps a and b, generating a unique transaction identifier by said central processing unit for said non-store retailing transaction; d. electronically storing said transaction information and said unique transaction identifier at said central processing unit; e. communicating said unique transaction identifier from said central processing unit to said merchant; f. subsequent to step e, receiving said unique transaction identifier from said consumer at a payment processing unit, wherein said payment processing unit is remote from said merchant and from said central processing unit; g. electronically communicating said unique transaction identifier from said payment processing unit to said central processing unit; h. electronically validating said unique transaction identifier using said central processing unit; i. receiving a payment from said consumer for said non-store retailing transaction at said payment processing unit; and j. subsequent to step i, remitting an equivalent of said payment from said service provider to said merchant.