| 摘要 |
The invention provides various systems and methods for implementing item-specific money transfers. The method includes receiving identification of an item, determining a vendor and a price of the item, and receiving, from a receiver, a money transfer request for an amount of the price of the item. The money transfer request identifies a sender. The method further includes sending the money transfer request to the sender, receiving, from the sender, authorization for a money transfer in an amount of the price of the item. The authorization includes an indication that funds from the money transfer are restricted for use only for the item. |
| 主权项 |
1. A method of implementing item-specific money transfers, the method comprising:
receiving, by a money transfer computer processor, identifiers of an item, wherein the identifiers of the item is a barcode and a photograph of the item; determining, by the money transfer computer processor, at least one vendor and at least one price of the item or a substitute for the item; receiving, by the money transfer computer processor, from a receiver, a money transfer request for an amount of the price of the item or a substitute for the item, wherein the money transfer request identifies a sender; sending, by the money transfer computer processor, the money transfer request to the sender; receiving, by the money transfer computer processor, from the sender, authorization for a money transfer in an amount of the price of the item or a substitute for the item, wherein the authorization includes an indication that funds from the money transfer are restricted for use only for the item or a substitute for the item, and wherein the authorization further includes one or more return restrictions associated with the item or substitute item; pre-staging, by the money transfer computer processor, the money transfer; binding, by the money transfer computer processor, the funds of the money transfer to the item using the identifiers of the item, wherein the binging includes:
associating the identifiers including the barcode of the item and the photograph of the item with the funds of the money transfer,generating a personal identification number (PIN) associated with the funds of the money transfer, providing access to the funds of the money transfer using the PIN which is bound to the funds of the money transfer, and
based on the barcode of the item and the photograph of the item and by using the PIN, restricting the funds from the money transfer to only be used for payment to the vendor for the item or a predetermined substitute for the item; providing the identifiers and the PIN to the vendor of the item; and in response to the providing of the identifiers and the PIN to the vendor, releasing, by the money transfer computer processor, to the vender of the item or a substitute for the item, the funds of the money transfer for payment of the item or the predetermined substitute for the item. |
