Patents Assigned to Telecom USA
  • Methods and systems for transferring funds
    Patent number: 6736314
    Abstract: Methods and systems for transferring funds are disclosed that utilize a transfer card issued to a sender that enables the sender to transfer funds at independent host locations. The transfer card is encoded with information about the sender and the intended receiver so that transfer forms are not required for each transaction. The receiver obtains the funds via a distribution center, wherein the personal identity of the receiver is verified before the funds are distributed.
    Type: Grant
    Filed: June 8, 2001
    Date of Patent: May 18, 2004
    Assignee: Telecom USA
    Inventors: Wayne P. Cooper, Patrick C. Brown, Clyde Dennis Jones