Mobile money order

A computer system to track a money order, comprising:

• a payer module executing on a processor of a computer server and configured to receive, from a mobile device, a request to send the money order to a recipient, wherein the request comprises a money order amount, a mailing address of the recipient, and account information of a funding account of a payer;
• and
• a bank module executing on the processor and configured to:
• initiate, in response to the request, a first transaction to transfer the money order amount from the funding account of the payer to a third party account held at a bank based on the account information;
• initiate, in response to completing the first transaction by at least the bank, a second transaction to generate the money order by the bank,
• wherein the second transaction is initiated by at least transferring the money order amount from the third party account to a money order source account of the bank,
• wherein the money order is generated by debiting the money order amount from the money order source account and printing a money order payable to the recipient, and
• wherein the money order is sent to the recipient based on the mailing address;
• receive, 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,
• wherein the payer module is further configured to send, in response to the indication, a message alerting the payer that the recipient has cashed the money order.

A non-transitory computer readable storage medium comprising instructions for sending a money order using a mobile device of a payer, that when executed, comprise functionality to:

• receive, from a mobile device, a request to send the money order to a recipient, wherein the request comprises a money order amount, a mailing address of the recipient, and account information of a funding account of a payer;
• initiate, by a processor of a computer server in response to the request, a first transaction to transfer the money order amount from the funding account of the payer to a third party account held at a bank based on the account information;
• initiate, by the processor in response to completing the first transaction by at least the bank, a second transaction to generate the money order by the bank,
• wherein the second transaction is initiated by at least transferring the money order amount from the third party account to a money order source account of the bank,
• wherein the money order is generated by debiting the money order amount from the money order source account and printing a money order payable to the recipient, and
• wherein the money order is sent to the recipient based on the mailing address;
• receive, 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
• send, in response to the indication, a message alerting the payer that the recipient has cashed the money order.