Patent ID: 7699218

Claim:
The method of receiving cash from an outlet through a mobile phone, the method comprising: requesting cash-out at an outlet by a customer; showing identification and filling out a form by the customer; a frontliner, accessing a device, keying in a command including the customer's amount of cash-out, and sending the command to a telco; by the telco, verifying that the customer's mobile phone is registered with the telco's cash product service, and that the amount of cash-out is available in the customer's mobile phone cash account, and sending information to the device of the frontliner of the outlet; by the frontliner of the outlet, verifying that the customer is registered with the telco's cash product service, and advising the customer of a unique transaction code; by the customer, paying for a cash-out fee; by the customer, keying in “CASHOUT” cash product command containing a PIN, the amount of cash-out, and the customer's mobile phone number; sending the CASHOUT cash product command to the telco; by the outlet's device, receiving a confirmatory message from the telco of a cash product service transfer; by the customer, receiving a SMS acknowledgment from the telco of completion of the cash product service; by the customer, getting the amount of cash-out from the outlet; by the outlet's device, receiving an acknowledgment of completion of a transaction and a confirmation number from the telco in a format matching the outlet's device.