Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2008-04-08
2008-04-08
Abdi, Kambiz (Department: 3692)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S043000
Reexamination Certificate
active
09874042
ABSTRACT:
A system and method for electronic transfer of cash or cash equivalent between a sender and a recipient includes an initiating regional office for initiating the transfer and which receives an amount of money to be electronically transferred from the sender and a verification ID protocol from the sender, an initiating authorization center for storing the amount and the verification ID protocol in an account database, a dispensing authorization center for communicating with initiating authorization center and a dispensing regional office. When the recipient provides the verification ID protocol to the dispensing regional office, a financial card is issued to the recipient containing funds equivalent to the amount initially prescribed by the sender. The system provides the sender with the ability to provide the receiver (at a remote geographical location) with a secure, anonymous, ATM compatible financial card having a particular preset monetary value even in the case where the recipient does not possess proper identification documents.
REFERENCES:
patent: 4745265 (1988-05-01), Douno et al.
patent: 4912310 (1990-03-01), Uemura et al.
patent: 5119293 (1992-06-01), Hammond
patent: 5175416 (1992-12-01), Mansvelt et al.
patent: 5461217 (1995-10-01), Claus
patent: 5650604 (1997-07-01), Marcous et al.
patent: 5778067 (1998-07-01), Jones et al.
patent: 5844218 (1998-12-01), Kawan et al.
patent: 5857079 (1999-01-01), Claus et al.
patent: 5857152 (1999-01-01), Everett
patent: 5861841 (1999-01-01), Gildea et al.
patent: 5867821 (1999-02-01), Ballantyne et al.
patent: 5933136 (1999-08-01), Brown
patent: 5963647 (1999-10-01), Downing et al.
patent: 5978919 (1999-11-01), Doi et al.
patent: 6006988 (1999-12-01), Behrmann et al.
patent: 6014748 (2000-01-01), Tushie et al.
patent: 6048271 (2000-04-01), Barcelou
patent: 6105009 (2000-08-01), Cuervo
patent: 6298336 (2001-10-01), Davis et al.
patent: 6636833 (2003-10-01), Flitcroft et al.
patent: 2002/0022966 (2002-02-01), Horgan
patent: 2002/0046341 (2002-04-01), Kazaks et al.
patent: WO 90/13096 (1990-11-01), None
Hansell, Saul. Tests of Electronic Purses May Bring End to Using Cash. Journal Record. Oklahoma City, Okla. Sep. 24, 1994. (4 pages).
“The TravelFunds Card from American Express”, www.americanexpress.com, American Express Company, printed Aug. 4, 2004.
About Us—About First Data, www.westernunioncanada.ca/info/aboutUSFirstData.asp, printed Aug. 13, 2004.
“IPC Card Solutions”, www.firstdata.com, First Data Corporation, printed Aug. 13, 2004.
“First Data Merchant Services”, www.fdms.com, printed Aug. 4, 2004.
Abdi Kambiz
Bereskin & Parr
Liversedge Jennifer
Universal Transactions Systems Limited
LandOfFree
System and method for transferring funds does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System and method for transferring funds, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for transferring funds will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3904298