# US 7,613,653 B2 · Money order debit from stored value fund > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 7,613,653 B2 - Document ID: US7613653B2 - Status: Granted - Kind: B2 - Application number: 10/045,632 - Filed: 2001-10-26 - Published: 2002-10-31 - Granted: 2009-11-03 - Earliest claimed: 1999-12-30 - Assignees: First Data Corporation; The Western Union Company - Inventors: Susan M. Milberger; Jeff D. Sherrard; Amy M. Dunker; Jackie M. Macfarlane; Eric L. Platte; Susan F. Abrahams; Cheryl L. Neofytides; Aamer Ali Baig; Peter M. Karas; James E. Cowell; James R. Yoder; Matt F. Golub - Web page: https://patentgrep.com/patent/US7613653B2 ## CPC - G06Q 30/06: Buying, selling or leasing transactions - G06Q 20/02: involving a neutral party, e.g. certification authority, notary or trusted third party [TTP] - G06Q 20/04: Payment circuits - G06Q 20/042: {characterized in that the payment protocol involves at least one cheque} - G06Q 20/10: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems - G06Q 20/40: Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR ## Abstract According to the invention, a method for transferring a credit amount out of an online system using a money order is disclosed. In one step, pay-out instructions are received at a server computer system from a wide-area computer network coupled to a payor. The pay-out instructions include at least two of a payee, a delivery location, and the credit amount. A first handler associated with the payor and a second handler for preparation of the money order according to the pay-out instructions are determined. The credit amount is transferred from the first handler to the online system. The pay-out instructions are sent to the second handler. ## Claims ### Claim 1 A method for transferring a credit amount from a payor to a payee using a negotiable 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 delivery location for the payee, and the credit amount, the credit amount having a first value; the payment enabler receiving, from the payor computer, a first choice for a first handler, the first handler comprising one of a debit card handler, a bank funds transfer handler, and a credit card 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 receiving a second choice of a second handler from the payee computer; 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 a negotiable instrument according to the pay-out instructions, the negotiable instrument paid with the credit amount of the second value; and the second handler providing the negotiable instrument to the payee, wherein the negotiable instrument is provided to the payee by sending the negotiable instrument to the payee's delivery location. ### Claim 2 (depends on 1) The method for transferring the credit amount out of the online system using the negotiable instrument as recited in claim 1, wherein the negotiable instrument comprises a money order, and wherein the second handler is a money order handler. ### Claim 3 (depends on 2) The method for transferring the credit amount out of the online system using the money order as recited in claim 2, wherein the money order handler provides the money order to the payee at a delivery location, the delivery location is chosen from a group consisting of an agent location and an address of the payee. ### Claim 4 (depends on 3) The method for transferring the credit amount out of the online system using the money order as recited in claim 3, further comprising steps of: receiving the pay-out instructions at the money order handler; and printing the money order according to the pay-out instructions. ### Claim 5 (depends on 3) The method for transferring the credit amount out of the online system using the money order as recited in claim 3, further comprising steps of: receiving the pay-out instructions at the money order handler; printing the money order according to the pay-out instructions; sending a notification of the money order to the payee at the payee's residence address; and holding the money order at the delivery location of the money order handler for pick-up by the payee. ### Claim 6 (depends on 2) The method for transferring the credit amount out of the online system using the money order as recited in claim 2, further comprising a step of storing the credit amount having the first value in a stored value fund associated with one of the payor or and the payee. ### Claim 7 (depends on 2) The method for transferring the credit amount out of the online system using the money order as recited in claim 2, the money order handler is an agent location capable of printing money orders. ### Claim 8 (depends on 2) The method for transferring the credit amount out of the online system using the money order as recited in claim 2, further comprising steps of: creating a temporary stored value fund for the payee; and storing the credit amount having the second-value in the stored value fund. ### Claim 9 (depends on 2) The method for transferring the credit amount out of the online system using the money order as recited in claim 2, further comprising steps of: storing the credit amount having the second value in a first stored value fund associated with the payor; and transferring the credit amount having the second value from the first stored value fund to a second stored value fund associated with the payee. ### Claim 10 (depends on 2) The method for transferring the credit amount out of the online system using the money order as recited in claim 2, wherein the delivery location for the payee is a residence address. ### Claim 11 (depends on 1) The method for transferring the credit amount out of the online system using the negotiable instrument as recited in claim 1, wherein the form of monetary value of one of the first value and the second value is a currency of one country, and wherein the form of monetary value of the other of the first value and the second value is a currency of a different country. ### Claim 12 (depends on 1) The method for transferring the credit amount out of the online system using the negotiable instrument as recited in claim 1, wherein the form of monetary value of one of the first value and the second value is promotional points, and wherein the form of monetary value of the other of the first value and the second value is currency. ### Claim 13 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. ### Claim 14 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, the payment instrument is chosen from the group consisting of: a money order, a cashiers check, a tellers check, a certified check, a gift certificate, and a coupon. ### Claim 15 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, further comprising a step of electronically notifying at least one of the payor and payee of the payment instrument, the electronic notification is chosen from a group consisting of at least one of a web page, an instant message, an e-mail message, a pager message, and a wireless phone message. ### Claim 16 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, the first handler is chosen from a group consisting of at least one of a bank service, a credit card service, a debit card service, an agent location, a stored value fund, and an airline mileage program. ### Claim 17 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, the second handler is chosen from a group consisting of at least one of a gift certificate issuing service, an electronic gift certificate issuing service, and a money order issuing service. ### Claim 18 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, the credit amount corresponds to a group consisting of at least one of a currency, a monetary value, airline mileage, promotional program points, a gift certificate credit, and commodities. ### Claim 19 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, further comprising steps of: the payment enabler retrieving a trigger condition, wherein the trigger condition initiates the payment enabler sending the credit amount to the second handler that initiates the second-listed transferring step; and the payment enabler determining when the trigger condition is satisfied. ### Claim 20 (depends on 19) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 19, the trigger condition is chosen from a group consisting of at least one of a credit balance in the first stored value fund meeting a threshold and a period of time expiring. ### Claim 21 (depends on 13) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 13, the payor, the first handler, the second handler and the payee are remotely located with respect to each other. ### Claim 22 (depends on 13) The method for transferring the credit amount as recited in claim 13, further comprising: the payment enabler creating a second stored value account; the payment enabler converting the credit amount from the first value to a second value; the payment enabler storing the credit amount having the second value in the second stored value account; and the payment enable sending the credit amount having the second value to the second handler from the second stored value account. ### Claim 23 (depends on 22) The method for transferring the credit amount as recited in claim 22, the first stored value account is associated with the payor and the second stored value account is associated with the payee. ### Claim 24 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. ### Claim 25 (depends on 24) The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 24, the payment instrument is chosen from a group consisting of a money order, a cashiers check, a tellers check, a certified check, a gift certificate, and a coupon. ### Claim 26 (depends on 24) The method for transferring the credit amount as recited in claim 24, the first value is a first currency and the second value is a second currency. ### Claim 27 (depends on 24) The method for transferring the credit amount as recited in claim 24, the first value is airline miles and the second value is a currency.