Method and system for transferring stored value

Details Method and system for transferring stored value Method and system for transferring stored value

2011-04-19

2011-04-19

Hamilton, Lalita M (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000

Reexamination Certificate

active

07930246

ABSTRACT:
A method and system are provided for transferring value from a value provider. A request initiated by a value owner to transfer value from the value provider to a recipient is received. An exchange provider receives the value in accordance with the request. The exchange provider includes a processor that converts the received value into a converted form. The converted value is then transmitted to the recipient by the exchange provider.

REFERENCES:
patent: 6439456 (2002-08-01), Bansal et al.
patent: 6473500 (2002-10-01), Risafi et al.
Western Union Launches P2P Internet Payment Service EFT Report. New York: Sep. 20, 2000. vol. 23, Iss. 19; p. 1.
EDS invests in wireless banking services for the mobile set Brad Shewmake. InfoWorld. San Mateo: Apr. 24, 2000. vol. 22, Iss. 17; p. 24, 1 pgs.

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