Abstract: A method includes receiving a request for a money transfer transaction. The request includes staging information that includes an identity of the party to the money transfer transaction. The method includes determining whether to place a hold on the money transfer transaction based, at least in part, on the staging information. When a hold is placed on the money transfer transaction, the method includes initiating one or more due diligence operations to determine whether to remove the hold on the money transfer transaction. The method includes, providing confirmation information to the party if the hold is removed. The confirmation information may authorize the party to participate in the requested money transfer transaction. The due diligence operations may be performed prior to the party interacting with (e.g., providing funds to or receiving funds from) a money transfer agent at a money transfer location.

Abstract: A method includes receiving a request for a money transfer transaction. The request includes staging information that includes an identity of the party to the money transfer transaction. The method includes determining whether to place a hold on the money transfer transaction based, at least in part, on the staging information. When a hold is placed on the money transfer transaction, the method includes initiating one or more due diligence operations to determine whether to remove the hold on the money transfer transaction. The method includes, providing confirmation information to the party if the hold is removed. The confirmation information may authorize the party to participate in the requested money transfer transaction. The due diligence operations may be performed prior to the party interacting with (e.g., providing funds to or receiving funds from) a money transfer agent at a money transfer location.

Abstract: A method for operating a transaction processing system to provide location based language capabilities and dynamic receipts in connection with money transfer services. One embodiment includes storing, in a database, information representative of transaction location based attributes and associated one or more languages, and storing information representative of receipt field attributes and associated receipt fields. Send and/or receive transaction requests from points of sale are received at a transaction processor. The received transaction requests are processed using the stored information in the database to identify transaction location attributes of the requests and the associated one or more languages, and processed using the information stored in the database to identify receipt field attributes of the requests and to determine the associated receipt fields.

Abstract: A method includes receiving a request for a money transfer transaction. The request includes staging information that includes an identity of the party to the money transfer transaction. The method includes determining whether to place a hold on the money transfer transaction based, at least in part, on the staging information. When a hold is placed on the money transfer transaction, the method includes initiating one or more due diligence operations to determine whether to remove the hold on the money transfer transaction. The method includes, providing confirmation information to the party if the hold is removed. The confirmation information may authorize the party to participate in the requested money transfer transaction. The due diligence operations may be performed prior to the party interacting with (e.g., providing funds to or receiving funds from) a money transfer agent at a money transfer location.

Abstract: Systems and methods which provide for the transaction funding amount of a money transfer transaction to be fully paid to a receiving party are provided herein. Embodiments may utilize a central server which compiles and tracks the payment capabilities, exchange rates, and the like, of agents and/or locations in a money transfer network. Such information may be utilized to establish a money transfer transaction. Such a central server may be communicatively connected to agents on one or more of the sending and receiving side of a money transfer transaction and may provide information to one or more agents to assist in completing a transaction.

Abstract: A computer system in a money transfer transaction. A request is received from a sender on a send computer to send a money transfer having a send amount. The sender is prompted on the send computer to select one or more parameters associated with the money transfer, the one or more parameters comprising money transfer receiver information including a receiver location. Money transfer fees associated with the money transfer are analyzed for a plurality of receive locations proximate the receiver location based on the selected one or more parameters. A receive location offering a lowest money transfer fee is selected from the plurality of receive locations. The send amount and fee for the selected receive location are collected from the sender. Information related to the money transfer is then stored, including the selected one or more parameters and the receive location, in a money transfer server.

Abstract: A method for operating a transaction processing system to provide location based language capabilities and dynamic receipts in connection with money transfer services. One embodiment includes storing, in a database, information representative of transaction location based attributes and associated one or more languages, and storing information representative of receipt field attributes and associated receipt fields. Send and/or receive transaction requests from points of sale are received at a transaction processor. The received transaction requests are processed using the stored information in the database to identify transaction location attributes of the requests and the associated one or more languages, and processed using the information stored in the database to identify receipt field attributes of the requests and to determine the associated receipt fields.