WO2003025698A3 - Method and system for transferring stored value - Google Patents

Method and system for transferring stored value Download PDF

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Publication number
WO2003025698A3
WO2003025698A3 PCT/US2002/026640 US0226640W WO03025698A3 WO 2003025698 A3 WO2003025698 A3 WO 2003025698A3 US 0226640 W US0226640 W US 0226640W WO 03025698 A3 WO03025698 A3 WO 03025698A3
Authority
WO
WIPO (PCT)
Prior art keywords
value
provider
stored value
transferring stored
recipient
Prior art date
Application number
PCT/US2002/026640
Other languages
French (fr)
Other versions
WO2003025698A2 (en
Inventor
Kurt Hansen
Joseph Cachey
Original Assignee
First Data Corp
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by First Data Corp filed Critical First Data Corp
Priority to AU2002323310A priority Critical patent/AU2002323310A1/en
Publication of WO2003025698A2 publication Critical patent/WO2003025698A2/en
Publication of WO2003025698A3 publication Critical patent/WO2003025698A3/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q30/00Commerce
    • G06Q30/02Marketing; Price estimation or determination; Fundraising
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q20/00Payment architectures, schemes or protocols
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/08Payment architectures
    • G06Q20/10Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/08Payment architectures
    • G06Q20/10Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G06Q20/102Bill distribution or payments
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/38Payment protocols; Details thereof
    • G06Q20/381Currency conversion
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A method and system are provided for transferring value from a value provider. A request initiated by a value owner to transfer value from the value provider to a recipient is received. An exchange provider receives the value in accordance with the request. The exchange provider includes a processor that converts the received value into a converted form. The converted value is then transmitted to the recipient by the exchange provider.
PCT/US2002/026640 2001-09-18 2002-08-20 Method and system for transferring stored value WO2003025698A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2002323310A AU2002323310A1 (en) 2001-09-18 2002-08-20 Method and system for transferring stored value

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US09/955,747 2001-09-18
US09/955,747 US7769686B2 (en) 2001-09-18 2001-09-18 Method and system for transferring stored value

Publications (2)

Publication Number Publication Date
WO2003025698A2 WO2003025698A2 (en) 2003-03-27
WO2003025698A3 true WO2003025698A3 (en) 2003-12-04

Family

ID=25497272

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2002/026640 WO2003025698A2 (en) 2001-09-18 2002-08-20 Method and system for transferring stored value

Country Status (3)

Country Link
US (2) US7769686B2 (en)
AU (1) AU2002323310A1 (en)
WO (1) WO2003025698A2 (en)

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Also Published As

Publication number Publication date
US7930246B2 (en) 2011-04-19
US20030055780A1 (en) 2003-03-20
WO2003025698A2 (en) 2003-03-27
US7769686B2 (en) 2010-08-03
US20100100478A1 (en) 2010-04-22
AU2002323310A1 (en) 2003-04-01

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