System and a method for receiving and disbursing donation
AssigneeNumoni Pte Ltd
InventorsSeng Chuan Tan, Meng Lye Sit
Life of this patent
Estimating the term…
Abstract
A system for facilitating the transaction of donation funds is disclosed. The system allows for the collection and disbursement of recurring donations. The system comprises a plurality of donors (110), at least one donation collecting institution (120) and a plurality of recipients (130). The plurality of donors (110) contribute donations to the donation collecting institution (120) in which the donations are gathered to form a pool of donation funds. The pool of donation funds is supervised and controlled by at least one global entity (125) which disburses and distributes the pool of donation funds to the plurality of recipients (130) via a plurality of kiosk terminals in the form of mobile airtime credit and mobile wallet points.
Claims36
1-38. (canceled)
A system for facilitating the transaction of donation funds comprising:
- a plurality of recipients with a corresponding mobile account;
- a plurality of donors for donating the donation funds to the recipients via a plurality of kiosk terminals in the form of cash, mobile airtime credit, mobile wallet points or mobile money;
- at least one donation collecting institution for receiving and gathering the donation funds received from the donors;
- and
- at least one global entity for supervising and controlling the collected donation funds to be disbursed and distributed to the recipients;
- wherein the recipient conducts self-verification over the kiosk terminals to trigger sending of a verification pin to the corresponding mobile account before receiving any donation fund therefrom and the donation funds received by the recipients are in form of mobile airtime credit, mobile wallet points or cash dispensable by the kiosk terminals.
A method for disbursing the donation funds from a pool of donation funds via a kiosk terminal comprising the steps of:
- receiving donations from a plurality of donors via the kiosk terminal in the form of cash, mobile airtime credit, mobile wallet points or mobile money to form the pool of donation funds;
- transferring the donations funds to at least one global entity which manages the pool of donation funds;
- analysing and comparing the identifications provided by a recipient, to a database of registered recipient via a kiosk terminal;
- verifying the identity of the recipient and sending a verification pin to the corresponding mobile phone account;
- and
- disbursing an appropriated amount of donation fund to the corresponding recipient in the form of mobile airtime credit or mobile wallet points or cash dispensable by the kiosk terminals upon receiving the verification pin.
A method for disbursing the donation funds from a pool of donation funds via a kiosk terminal comprising the steps of:
- analysing and comparing the identifications provided by a recipient to a database of registered recipient via a kiosk terminal;
- verifying the identity of the recipient;
- sending a Personal Identification Number (PIN) to the recipient's mobile phone via a short message service (SMS);
- receiving the PIN keyed in by the recipient via the kiosk terminal;
- and
- disbursing an appropriated amount of donation fund to the corresponding recipient via the kiosk terminal in the form of mobile airtime credit or mobile wallet points;
- wherein the mobile airtime credit and/or mobile wallet points are exchangeable for goods, services and/or airtime credits to be donated to the recipients.
Dependencies are inferred from the claim text.