Receiver driven money transfer alert system

Abstract

A method for performing a money transfer initiated by a receiver of the money transfer, wherein the method includes receiving a money transfer initiation request from the receiver and the money transfer initiation request includes an amount of funds to be transferred, receiver information, and sender information. The method also includes staging a money transfer transaction after receiving the money transfer initiation request, wherein the money transfer transaction is pending an authorization by the sender to fund the money transfer. The method further includes providing the sender with a notification of the money transfer transaction, receiving the authorization to fund the money transfer transaction, and executing the money transfer to transfer the funds from the sender to the receiver.

1 - 20 . (canceled) 
     
     
         21 . A method for transferring funds comprising:
 receiving a communication at a money transfer host system that transmits and receives data over a network a communication from a receiver mobile device, wherein the communication comprises a request to transfer funds from one or more senders, wherein the request includes identification information for the one or more senders, and wherein the request includes data entered using an electronically displayed form provided on the receiver mobile device;   sending by the money transfer host system to a sender mobile device a request to transfer the funds;   receiving at the money transfer host system an indication from the sender mobile device authorization to transfer the funds, wherein the indication from the sender mobile device is received via the selection of an accept button presented on the sender mobile device; and   executing the money transfer.   
     
     
         22 . The method for transferring funds according to  claim 21 , further comprising determining whether the sender has an account at the money transfer host system. 
     
     
         23 . The method for transferring funds according to  claim 21 , wherein the request to transfer funds includes instructions for allocating the funds of the money transfer, and wherein executing the money transfer request includes allocating funds according to the instructions. 
     
     
         24 . The method for transferring funds according to  claim 21 , further comprising generating a money transfer identifier associated with the request. 
     
     
         25 . The method for transferring funds according to  claim 21 , wherein the executing the money transfer request includes sending to the receiver an indication of a physical location where cash can be picked up. 
     
     
         26 . The method for transferring funds according to  claim 26 , wherein the money transfer request is received over a wireless network. 
     
     
         27 . A method for transferring funds comprising:
 receiving at a requester's mobile device sender information that specifies a sender for a money transfer transaction;   generating a money transfer request at the requester's mobile device, wherein the money transfer request includes an amount of funds, receiver information, and the sender information;   sending the money transfer request to a money transfer host system; and   receiving at the requester's mobile device an indication that funds have been transferred from the host system.   
     
     
         28 . The method for transferring funds according to  claim 27 , wherein the indication that funds have been transferred comprises an indication of a physical location where cash can be picked up to satisfy the money transfer transaction. 
     
     
         29 . The method for transferring funds according to  claim 27 , wherein the money transfer request includes a location of the requester's mobile device. 
     
     
         30 . The method for transferring funds according to  claim 27 , wherein the sender information comprises information consisting of a sender's name, address, phone number, account number, and email address. 
     
     
         31 . The method for transferring funds according to  claim 27 , further comprising receiving contact information associated with the sender from the requester's mobile devices contact list. 
     
     
         32 . The method for transferring funds according to  claim 27 , further comprising receiving the sender's information manually through a mobile device user interface. 
     
     
         33 . The method for transferring funds according to  claim 27 , further comprising formatting the money transfer request for transmission to the money transfer host. 
     
     
         34 . The method for transferring funds according to  claim 27 , wherein the receiver information includes a receiver account number. 
     
     
         35 . The method for transferring funds according to  claim 27 , wherein the receiving an indication from the host system that funds have been transferred includes an indication of a physical location where cash can be picked up. 
     
     
         36 . A funds transfer system, comprising:
 a money transfer host system that transmits and receives data over a network, the money transfer host system being configured to:   receive a request to transfer funds from a receiver mobile device of a receiver, wherein the request to transfer funds is a fund transfer from one or more senders, wherein the request includes identification information for the one or more senders, and wherein the request is received from data entered into an electronically displayed form provided on the receiver mobile device;   send by the money transfer host system to a sender mobile device of a sender a request to transfer the funds;   receive at the money transfer host system an indication from the sender mobile device authorization to transfer the funds, wherein the indication from the sender mobile device is received at the sender mobile device via the selection of an accept button presented on the sender mobile device; and   execute the money transfer between the sender and the receiver   
     
     
         37 . The method for transferring funds according to  claim 36 , wherein the request to transfer funds includes instructions for allocating the funds of the money transfer, and wherein executing the money transfer request includes allocating funds according to the instructions. 
     
     
         38 . The method for transferring funds according to  claim 36 , further comprising generating a money transfer identifier associated with the request. 
     
     
         39 . The method for transferring funds according to  claim 36 , wherein the executing the money transfer request includes sending to the receiver an indication of a physical location where cash can be picked up. 
     
     
         40 . The method for transferring funds according to  claim 36 , wherein the money transfer request is received over a wireless network. 
     
     
         41 . A method comprising:
 executing a transfer application on a mobile device;   presenting using the mobile device a listing of contacts from a contact list stored on the mobile device;   receiving a selection of one or more of the contacts from the listing of contacts;   generating a money transfer request at the mobile device, wherein the money transfer request includes an amount of funds, receiver information, and the sender information associated with the selection of one or more of the contacts;   sending the money transfer request to a money transfer host system; and   receiving at the requester's mobile device an indication that funds have been transferred from the host system.