MONEY ORDER DEBIT FROM STORED VALUE FUND
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United States of America Patent
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N/A
Issued Date -
N/A
app pub date -
Nov 2, 2009
filing date -
Dec 30, 1999
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
According to the invention, a method for transferring a credit amount out of an online system using a money order is disclosed. In one step, pay-out instructions are received at a server computer system from a wide-area computer network coupled to a payor. The pay-out instructions include at least two of a payee, a delivery location, and the credit amount. A first handler associated with the payor and a second handler for preparation of the money order according to the pay-out instructions are determined. The credit amount is transferred from the first handler to the online system. The pay-out instructions are sent to the second handler.
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