MOBILE MONEY ORDER

A method to track a money order transaction, including receiving, from a mobile device, a request to send the money order to a recipient, initiating, by a computer server in response to the request, a first transaction to transfer a money order amount from a funding account of the payer to a third p...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: ZAFAR, ABRAHAM, BOUSSAROV, MIROSLAV, SVETOSLAVOV, BLANK, BENNETT, R, BOEHM, SARA, ELIZABETH
Format: Patent
Sprache:eng ; fre ; ger
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Beschreibung
Zusammenfassung:A method to track a money order transaction, including receiving, from a mobile device, a request to send the money order to a recipient, initiating, by a computer server in response to the request, a first transaction to transfer a money order amount from a funding account of the payer to a third party account held at a bank, initiating, in response to completing the first transaction, a second transaction to generate the money order by the bank, receiving, from the bank, an indication that the money order amount is paid out by the bank as a result of the recipient cashing the money order, and sending, in response to the indication, a message alerting the payer that the recipient has cashed the money order.