Abstract: The invention provides a systems and method for transferring money from a sender to a receiver utilizing a computer network including a server. The method may comprise the steps of the sender identifying, to the server over the network, an amount of money to be transferred to the receiver and a withdraw account from which money is to be transferred. The method may further include transferring money from the withdraw account; the server sending an electronic message to the receiver over the network to inform the receiver that the sender is transferring money to the receiver and to request the receiver contact the server to receive money; the receiver contacting the server over the network in response to the electronic message and identifying a deposit account to which money is to be transferred. Further, the method may include transferring money to the deposit account.

Abstract: A method and system for transferring money from a sender to a receiver utilizing a computer network such as the Internet. The sender visits a web site and identifies, to the server over the Internet, the receiver, an e-mail address of the receiver, an amount of money to be transferred, and a withdraw account from which money is to be transferred. Money is transferred from the withdraw account and deposited into a holding account. The server automatically sends an e-mail to the receiver to inform the receiver that the sender has transferred money and to request the receiver to visit the web site to receive money. The receiver visits the web site of the server in response to the e-mail and identifies a deposit account to which money is to transferred. Money is withdrawn from the holding account and deposited in the deposit account.

Abstract: A method and system for transferring money from a sender to a receiver utilizing a computer network such as the Internet. The sender visits a web site and identifies, to-the server over the Internet, the receiver, an e-mail address of the receiver, an amount of money to be transferred and a withdraw account from which money is to be transferred. The withdraw account can be a checking account, a checking account secured by a credit card account, or a credit card account. Money is transferred from the withdraw account and preferably deposited into a holding account. The server automatically sends an e-mail to the receiver, over the Internet, to inform the receiver that the sender has transferred money and to request the receiver to visit the web site of the server to receive money. The receiver visits the web site of the server in response to the e-mail and identifies a deposit account to which money is to transferred.

Abstract: A method and system for transferring money from a sender to a receiver utilizing a computer network such as the Internet. The sender visits a web site and identifies, to the server over the Internet, the receiver, an e-mail address of the receiver, an amount of money to be transferred, and a withdraw account from which money is to be transferred. Money is transferred from the withdraw account and deposited into a holding account. The server automatically sends an e-mail to the receiver, to inform the receiver that the sender has transferred money and to request the receiver to visit the web site to receive money. The receiver visits the web site of the server in response to the e-mail and identifies a deposit account to which money is to transferred. Money is withdrawn from the holding account and deposited in the deposit account.