Money order debit from stored value fund

A method for transferring a credit amount from a payor to a payee using a payment instrument, the payor sending the credit amount to the payee through an online computer system comprising a payment enabler and a wide-area network, a payor computer and a payee computer are in communication with the wide-area network, the method comprising:

• the payment enabler having a computer processor receiving pay-out instructions, the pay-out instructions include a payee, an address of the payee, and the credit amount, the credit amount having a first value;
• the payment enabler determining a first handler;
• the first handler receiving the credit amount having the first value from the payor, the first handler receiving the credit amount having the first value as one of a group comprising a debit card transfer, a bank funds transfer, or a credit card transfer;
• the payment enabler receiving the credit amount having the first value from the first handler;
• the payment enabler converting the credit amount from the first value to a second value, wherein the first value and the second value are different forms of monetary value;
• the payment enabler creating a first stored value fund;
• the payment enabler storing the credit amount having the first value in the first stored value fund;
• the payment enabler determining a second handler to prepare a payment instrument;
• the payment enabler sending the pay-out instructions to the second handler;
• the second handler receiving the credit amount having the second value from the payment enabler;
• the second handler creating the payment instrument according to the pay-out instructions, the payment instrument paid with the credit amount;
• and
• the second handler providing the payment instrument to the payee, wherein the payment instrument is provided to the payee by sending the payment instrument to the payee's address.

A method for transferring a credit amount from a payor to a payee using a payment instrument, the payor sending the credit amount to the payee through an online computer system comprising a payment enabler and a wide-area network, a payor computer and a payee computer are in communication with the wide-area network, the method comprising:

• the payment enabler having a computer processor receiving pay-out instructions, the pay-out instructions include a payee, a residence address of the payee, and the credit amount, the credit amount having a first value;
• the payment enabler determining a first handler;
• the first handler receiving the credit amount having the first value from the payor, the first handler receiving the credit amount having the first value as one of a group comprising a debit card transfer, a bank funds transfer, or a credit card transfer;
• the payment enabler receiving the credit amount having the first value from the first handler;
• the payment enabler storing the credit amount having the first value in a first stored value fund, the first stored value fund associated with the payor;
• the payment enabler converting the credit amount from the first value to a second value, wherein the first value and the second value are different forms of monetary value;
• the payment enabler storing the credit amount having the second value in a second stored value fund, the second stored value fund associated with the payee;
• the payment enabler receiving a choice of a second handler from the payee computer, the second handler one of a debit card handler, a bank funds transfer handler, a credit card handler, a promotion handler, or a money order handler;
• the payment enabler sending the pay-out instructions to the second handler;
• the payment enabler sending the credit amount having the second value from the second stored value account to the second handler;
• the second handler creating the payment instrument according to the pay-out instructions, the payment instrument paid with the credit amount of the second value;
• and
• the second handler providing the payment instrument to the payee, wherein the payment instrument is provided to the payee by sending the payment instrument to the payee's residence address.