Mobile electronic funds transfer system and method

A mobile virtual e-purse micro-payment method and system is provided. The consumer keys in a formatted SMS instruction and sends this to a specified telephone number to effect micro-payment from a monetary funds account which may includes a stored-value virtual electronic purse account or an issuing bank account from which funds may be directly debited to his selected merchant. A security feature is provided in which the unique MSISDN phone number identifier and the USERID serve to identify the consumer. For added security the consumer gets a formatted voice call asking him to confirm the payment instructions and to key in his PIN (Person Identification Number). The invention also provides for simple, effective multi-model return paths via simple fax, e-mail or phone confirmation giving physical records to the merchant that payment has been made. 提供了一种移动虚拟电子钱包微付费方法和系统。消费者键入格式化的SMS指令并将其发送到规定的电话号码以实现从可以包括存储值虚拟电子钱包帐户的金融资金帐户或者从资金可以直接借记的发行银行帐户到他选择的商户进行微付费。提供一种包括唯一的MSISDN电话号码标识符和用户ID的安全特征，用于识别该消费者。为了增加安全性，消费者获得呼叫他的格式化语音呼叫来确认该支付指令以及键入他的PIN(个人识别码)。本发明也提供了一种简单，有效的通过简单传真，电子邮件或电话确认的多模式返回途径，该确认为商户给出已完成支付的实际记录。