Providing Money Transfer Using A Money Transfer Platform

  • Published: Jun 12, 2014
  • Earliest Priority: Dec 04 2012
  • Family: 2
  • Cited Works: 0
  • Cited by: 1
  • Cites: 5
  • Additional Info: Full text
Abstract

The present disclosure describes methods, systems, and computer program products for providing funds transfer over an existing retail payment system using a money transfer platform. One computer-implemented method includes receiving from a point-of-sale (POS), by operation of a computer, a code associated with a fund-in transaction, receiving, by operation of a computer, a transfer amount and a unique transfer identifier, transmitting the transfer amount and the unique identifier to a money transfer platform (MTP) transfer service, receiving an activation response from the MTP transfer service, the activation response responsive to the MTP transfer service: validating, by a computer, the identified transfer, activating the transfer, and alerting a receiver uniquely identified by the unique transfer identifier, and transmitting an activation response to the POS.


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