Cash payment for remote transactions
AssigneeThe Western Union Company
InventorsKurt Hansen, Earney E. Stoutenburg, Thomas B. Sayor
Life of this patent
Estimating the term…
Abstract
Methods coordinate payment for a remote transaction with a first party. An identification of the first party is received at a host system. Acknowledgment of receipt of a cash payment from a second party is received. The cash payment is associated with the identification of the first party. A money transfer corresponding to the cash payment to the control of the first party is executed with a request for the first party to perform on previously agreed terms of the remote transaction.
Claims12
A method for coordinating payment for a remote transaction with a first party, the method comprising:
- receiving, at a host system, an identification of the first party;
- receiving, at the host system, acknowledgment of receipt of a cash payment from a second party;
- associating, with the host system, the cash payment with the identification of the first party;
- executing, with the host system, a money transfer corresponding to the cash payment to the control of the first party;
- and
- transmitting, with the host system, instructions-for the first party to provide goods according to previously agreed terms of the remote transaction.
A method for coordinating payment for a remote transaction with a first party, the method comprising:
- receiving, at a host system, an identification of the first party;
- receiving, at the host system, acknowledgment of receipt of a first cash payment from a first second party;
- associating, with the host system, the first cash payment with the identification of the first party;
- executing, with the host system, a first money transfer corresponding to the first cash payment to the control of the first party;
- receiving, at the host system, acknowledgment of receipt of a second cash payment from a second second party later in time than the first cash payment, wherein the second second party is different from the first second party;
- associating, with the host system, the second cash payment with the identification of the first party;
- executing, with the host system, a second money transfer corresponding to the second cash payment to the control of the first party;
- and
- transmitting, with the host system, instructions for the first party to perform merchant obligations in accordance with-previously agreed terms of the remote transaction.
A method for coordinating payment for a remote transaction between a first party and a second party, the method comprising:
- receiving, at a host system, an identification of the first party;
- receiving, at the host system, acknowledgment of receipt of a first cash payment from the second party;
- associating, with the host system, the first cash payment with the identification of the first party;
- executing, with the host system, a first money transfer corresponding to the first cash payment to the control of the first party;
- receiving, at the host system, acknowledgment of receipt of a second cash payment from the second party later in time than the first cash payment;
- associating, with the host system, the second cash payment with the identification of the first party;
- executing, with the host system, a second money transfer corresponding to the second cash payment to the control of the first party;
- and
- transmitting, with the host system, instructions for the first party to provide goods according to previously agreed terms of the remote transaction.
Dependencies are inferred from the claim text.