Method and system for transferring stored value

A method and system are provided for transferring value from a value provider. A request initiated by a value owner to transfer value from the value provider to a recipient is received. An exchange provider receives the value in accordance with the request. The exchange provider includes a processor...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Hansen, Kurt L, Cachey, III, Joseph
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A method and system are provided for transferring value from a value provider. A request initiated by a value owner to transfer value from the value provider to a recipient is received. An exchange provider receives the value in accordance with the request. The exchange provider includes a processor that converts the received value into a converted form. The converted value is then transmitted to the recipient by the exchange provider.