WIDE AREA NETWORK PERSON-TO-PERSON PAYMENT

Title:

WIDE AREA NETWORK PERSON-TO-PERSON PAYMENT

Document Type and Number:

WIPO Patent Application WO2002005195

Kind Code:

B1

Abstract:

According to the invention, transferring money using a computer network is disclosed. In one step, information is saved on credit received for a first user (110) in a stored value account on a server computer system (170). At the server computer system (170), a request from the first user (110) to send money to a second user (130) based on the stored value account is received. An electronic notification is sent from the server computer (170) to the second user (130) to notify the second user (130) of the request. A debit in the stored value account of the first user (110) is created. The requested money is sent to the second user (130) upon a receipt of a request at the server computer (170) from the second user (130).

Inventors:

BAIG AAMER ALI (US)
COWELL JAMES E (US)
KARAS PETER M (US)
NEOFYTIDES CHERYL L (US)
GOLUB MATT F (US)
YODER JAMES R (US)
MILBERGER SUSAN M (US)
SHERRARD JEFF D (US)
DUNKER AMY M (US)
MACFARLANE JACKIE M (US)
PLATTE ERIC L (US)
ABRAHAMS SUSAN F (US)

Application Number:

PCT/US2001/022179

Publication Date:

March 21, 2002

Filing Date:

July 11, 2001

Export Citation:

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Assignee:

FIRST DATA CORP (US)
BAIG AAMER ALI (US)
COWELL JAMES E (US)
KARAS PETER M (US)
NEOFYTIDES CHERYL L (US)
GOLUB MATT F (US)
YODER JAMES R (US)
MILBERGER SUSAN M (US)
SHERRARD JEFF D (US)
DUNKER AMY M (US)
MACFARLANE JACKIE M (US)
PLATTE ERIC L (US)
ABRAHAMS SUSAN F (US)

International Classes:

G06Q20/02; G06Q20/04; G06Q20/06; G06Q20/10; G06Q20/40; G06Q30/04; G06Q30/06; G06Q40/00; (IPC1-7): G06F17/60

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