Method and apparatus for money transfer

摘要

A staged payment transaction method comprises receiving transaction information, identifying a staging record at a computer system or data processor, and providing a retrieval key or token to a user device. The staging record comprises the transaction information and the retrieval key or token identifies the staging record for finalizing the transaction.

主权项

1. A method comprising:
providing a computer system receiving recipient information, wherein the recipient has an account for a payment transaction accessible on a user device; identifying a staging record for the recipient at the computer system in communication with the user device via a network; storing compliance data for the transaction and a transaction pointer that locates a send transaction record including sender information and a send amount; testing the compliance data for consistency with compliance rules based at least on the send amount, the sender information and the recipient information, wherein the transaction proceeds if consistent with the compliance rules and the transaction is rejected if the compliance rules are not met; and communicating data from the computer system to the user device, wherein the device displays a token image for fulfillment of the transaction, wherein the token image is readable at a point of sale device configured to locate the staging record and confirm a total amount of payment due for a payment amount to be made to the recipient.