US 8,554,671 B2
System And Associated Method And Service For Providing A Platform That Allows For The Exchange Of Cash Between Members In A Mobile EnvironmentGeneral
US 8,554,671 B2
System And Associated Method And Service For Providing A Platform That Allows For The Exchange Of Cash Between Members In A Mobile Environment
Tech Center:
3600 Transportation, Construction, Electronic Commerce, Agriculture, National Security and License and Review
Examiner:
Tien Nguyen
Art Unit:
3694 Business Methods — Finance/Banking/ Insurance
Agent:
Samuel A. Kassatly
Inventors:
Rabih S. Ballout
Assignee:
--
Priority:
07/18/11
Filed:
07/18/11
Granted:
10/08/13
Expiration:
08/01/31
Abstract
A system and associated method and service for providing a platform that enables members to transfer, receive, or otherwise exchange cash in various international denominations and commodities, such as precious metals (e.g., gold, silver, etc.), in a mobile highly secured telecommunications environment. The system is capable of delivering cash instantly between two or more users by allowing the exchange of secure transactions between system and cash dispensing machines (ATMs). Users may pay, receive, exchange, deposit, transfer, pay bills, exchange currency, retrieve cash, deposit cash and create accounts based on the mobile phone number or a system generated code.
Cooperative Patent Classification (CPC)
G06G06Q20/3223G06QG07F19/211G07F