Checkless funds disbursement systems and methods
AssigneeBVIG Financial, LLC
InventorsTodd Binet, Jeffery Keith
Life of this patent
Estimating the term…
Abstract
A method of providing checkless disbursement of cash due as a funding from a financial transaction includes receiving at an input terminal on a networked system a request for checkless disbursement of cash due as a funding from a financial transaction, the request including information identifying a customer requesting the cash due. A processing subsystem on the networked system determines whether the disbursement request includes valid information and if the disbursement request includes valid information, making the cash due available for disbursement by an cash dispensing terminal on the networked system.
Claims20
A method of providing checkless disbursement of cash due as funding from a financial transaction comprising:
- receiving at an input terminal on a networked system a request for checkless disbursement of cash due as funding from a financial transaction, the request including information identifying a customer requesting the cash due;
- determining with a processing subsystem on the networked system whether the disbursement request includes valid information;
- and
- if the disbursement request includes valid information, making the cash due available for disbursement by a cash dispensing mechanism on the networked system.
A software system for operating a networked system performing checkless disbursements of cash due as funding a financial transaction comprising:
- processing a request for checkless disbursement of cash due as funding from a financial transaction, the request including information identifying a customer requesting the cash due;
- determining whether the disbursement request includes valid information;
- and
- if the disbursement request includes valid information, authorizing a checkless cash disbursement
The computer program of claim 16, wherein the software system further provides authorization to disburse cash to a cash disbursement terminal in response to a valid request for cash disbursement.
A networked system for of providing checkless disbursement of cash due from a transaction comprising:
- a terminal for receiving a request for checkless disbursement of cash due including information concerning the customer requesting the cash due;
- a processing system operable to:
- determine whether the disbursement request includes valid information;
- and
- if the disbursement request includes valid information, making the cash due available for disbursement.
Dependencies are inferred from the claim text.