MOBILE REMITTANCES/PAYMENTS

A method and a system for mobile remittance and/or payment are provided. Example embodiments may include receiving a request, at a financial entity and from a first party, to remit an amount from an account, associated with the first party to a mobile phone number associated with a second party; not...

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1. Verfasser: SHASTRY VISHWANATH
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creator SHASTRY VISHWANATH
description A method and a system for mobile remittance and/or payment are provided. Example embodiments may include receiving a request, at a financial entity and from a first party, to remit an amount from an account, associated with the first party to a mobile phone number associated with a second party; notifying the second party of the amount to be remitted and an identity of the first party; receiving a personal identification component from the second party; accessing a mobile account associated with the mobile phone number based on the personal identification component; and depositing the amount into the mobile account. According to example embodiments, the system may include a communication module, a mobile remittance module, a payment processor, a mobile accounts module, an agent management module, and a mobile transfer module.
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language eng
recordid cdi_epo_espacenet_US2015039503A1
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subjects CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
title MOBILE REMITTANCES/PAYMENTS
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