Money transfer system and method

Abstract

A method for transferring money may include providing a money transfer instrument having product information and a monetary value associated therewith. The method may also include capturing the product information by a POS terminal in response to the sender purchasing the money transfer instrument. The method may further include generating and issuing a personal identifier to the sender on a receipt printed at the POS terminal. The method may additionally include receiving from the sender money transfer information along with the personal identifier. The method may moreover include generating and transmitting to the sender a money transfer control identifier that is separate from the personal identifier. The method may furthermore include receiving from the recipient the money transfer control identifier to receive transferred money at a money transfer location.

What is claimed is: 
     
         1 . A method comprising:
 providing, from a money transfer host to a point of sale terminal, in response to a request from the point of sale terminal, a first identifier;   receiving, by the money transfer host, money transfer information and the first identifier;   providing, by the money transfer host, in response to receiving the money transfer information and first identifier, a second identifier;   receiving, by the money transfer host, the second identifier from a recipient; and   causing, by the money transfer host, in response to receipt of the second identifier, funds to be provided to the recipient.   
     
     
         2 . The method of  claim 1 , wherein the request from the point of sale terminal includes product information from a money transfer instrument purchased by a sender. 
     
     
         3 . The method of  claim 2 , wherein causing funds to be provided to the recipient comprises providing funds in an amount corresponding to the money transfer instrument to be provided. 
     
     
         4 . The method of  claim 2 , wherein the money transfer instrument comprises instructions for the sender on completing a money transfer using the money transfer instrument. 
     
     
         5 . The method of  claim 1 , wherein the second identifier is provided to the recipient by a sender. 
     
     
         6 . The method of  claim 1 , wherein the method further comprises:
 receiving, at the money transfer host, after funds have been provided to the recipient, an indication that a sender has provided additional funds; and   associating, by the money transfer host, the additional funds with the money transfer instrument.   
     
     
         7 . The method of  claim 6 , wherein the method further comprises associating a money transfer control number with the additional funds. 
     
     
         8 . A non-transitory machine readable medium having instructions stored thereon, the instructions executable by one or more processors for at least:
 providing, to a point of sale terminal, in response to a request from the point of sale terminal, a first identifier;   receiving money transfer information and the first identifier;   providing, in response to receiving the money transfer information and first identifier, a second identifier;   receiving the second identifier from a recipient; and   causing, in response to receipt of the second identifier, funds to be provided to the recipient.   
     
     
         9 . The non-transitory medium of  claim 8 , wherein the request from the point of sale terminal includes product information from a money transfer instrument purchased by a sender. 
     
     
         10 . The non-transitory medium of  claim 9 , wherein causing funds to be provided to the recipient comprises providing funds in an amount corresponding to the money transfer instrument to be provided. 
     
     
         11 . The non-transitory medium of  claim 9 , wherein the money transfer instrument comprises instructions for the sender on completing a money transfer using the money transfer instrument. 
     
     
         12 . The non-transitory medium of  claim 8 , wherein the second identifier is provided to the recipient by a sender. 
     
     
         13 . The non-transitory medium of  claim 8 , wherein the instructions are further executable for at least:
 receiving, after funds have been provided to the recipient, an indication that a sender has provided additional funds; and   associating the additional funds with the money transfer instrument.   
     
     
         14 . The non-transitory medium of  claim 13 , wherein the instructions are further executable for at least:
 associating a money transfer control number with the additional funds.   
     
     
         15 . A system comprising:
 a money transfer host configured to at least:
 provide, to a point of sale terminal, in response to a request from the point of sale terminal, a first identifier; 
 receive money transfer information and the first identifier; 
 provide, in response to receiving the money transfer information and first identifier, a second identifier; 
 receive the second identifier from a recipient; and 
 cause, in response to receipt of the second identifier, funds to be provided to the recipient. 
   
     
     
         16 . The system of  claim 15 , wherein the request from the point of sale terminal includes product information from a money transfer instrument purchased by a sender. 
     
     
         17 . The system of  claim 16 , wherein causing funds to be provided to the recipient comprises providing funds in an amount corresponding to the money transfer instrument to be provided. 
     
     
         18 . The system of  claim 16 , wherein the money transfer instrument comprises instructions for the sender on completing a money transfer using the money transfer instrument. 
     
     
         19 . The system of  claim 15 , wherein the second identifier is provided to the recipient by a sender. 
     
     
         20 . The system of  claim 15 , wherein the money transfer host is further configured to at least:
 receive, after funds have been provided to the recipient, an indication that a sender has provided additional funds; and   associate the additional funds with the money transfer instrument.