Patents Assigned to American Cash Exchange, L.L.C.
-
Publication number: 20090159695Abstract: This invention provides a system and method for authorizing automated value transfers from an account available to users who do not have a pre-existing trust, business or financial relationship. In an embodiment of the present invention, a Sender at a first location purchases a PIN Card at a point of sale, such as a retail location or a bank teller. The Sender contacts an intended Recipient at a remote location and discloses a Transfer PIN associated with the PIN Card, as well as the amount being transferred, to that intended Recipient. The Recipient needs only the Transfer PIN and a Cash Card to receive the money transfer at a participating remote location. To receive the value associated with the PIN Card, the Recipient inserts or swipes the Cash Card at an ATM and enters the Transfer PIN. An authorization system then authorizes the dispensing unit to dispense that value amount.Type: ApplicationFiled: August 25, 2008Publication date: June 25, 2009Applicants: American Cash Exchange, Inc., American Cash Exchange, L.L.C. (ACE, LLC)Inventors: Donald C. Licciardello, Lawrence Greenberg, Alex Peterhans, David Romero, Debra Lynn Licciardello
-
Patent number: 7416115Abstract: This invention provides a system and method for authorizing automated value transfers from an account available to users who do not have a pre-existing trust, business or financial relationship. In an embodiment of the present invention, a Sender at a first location purchases a PIN Card at a point of sale, such as a retail location or a bank teller. The Sender contacts an intended Recipient at a remote location and discloses a Transfer PIN associated with the PIN Card, as well as the amount being transferred, to that intended Recipient. The Recipient needs only the Transfer PIN and a Cash Card to receive the money transfer at a participating remote location. To receive the value associated with the PIN Card, the Recipient inserts or swipes the Cash Card at an ATM and enters the Transfer PIN. An authorization system then authorizes the dispensing unit to dispense that value amount.Type: GrantFiled: August 15, 2005Date of Patent: August 26, 2008Assignees: American Cash Exchange, L.L.C., American Cash Exchange, Inc.Inventors: Donald C. Licciardello, Lawrence Greenberg, Alex Peterhans, David Romero, Debra Lynn Licciardello
-
Patent number: 7195151Abstract: This invention provides a system and method for authorizing automated value transfers from an account available to users who do not have a pre-existing trust, business or financial relationship. In an embodiment of the present invention, a Sender at a first location purchases a PIN Card at a point of sale, such as a retail location or a bank teller. The Sender contacts an intended Recipient at a remote location and discloses a Transfer PIN associated with the PIN Card, as well as the amount being transferred, to that intended Recipient. The Recipient needs only the Transfer PIN and a Cash Card to receive the money transfer at a participating remote location. To receive the value associated with the PIN Card, the Recipient inserts or swipes the Cash Card at an ATM and enters the Transfer PIN. An authorization system then authorizes the dispensing unit to dispense that value amount.Type: GrantFiled: September 4, 2003Date of Patent: March 27, 2007Assignees: American Cash Exchange, L.L.C., American Cash Exchange, Inc.Inventors: Donald C. Licciardello, Lawrence Greenberg, Alex Peterhans, David Romero, Debra Lynn Licciardello
-
Publication number: 20050269415Abstract: This invention provides a system and method for authorizing automated value transfers from an account available to users who do not have a pre-existing trust, business or financial relationship. In an embodiment of the present invention, a Sender at a first location purchases a PIN Card at a point of sale, such as a retail location or a bank teller. The Sender contacts an intended Recipient at a remote location and discloses a Transfer PIN associated with the PIN Card, as well as the amount being transferred, to that intended Recipient. The Recipient needs only the Transfer PIN and a Cash Card to receive the money transfer at a participating remote location. To receive the value associated with the PIN Card, the Recipient inserts or swipes the Cash Card at an ATM and enters the Transfer PIN. An authorization system then authorizes the dispensing unit to dispense that value amount.Type: ApplicationFiled: August 15, 2005Publication date: December 8, 2005Applicants: American Cash Exchange, Inc., American Cash Exchange, L.L.C. (ACE, LLC)Inventors: Donald Licciardello, Lawrence Greenberg, Alex Peterhans, David Romero, Debra Licciardello