Money Transfer Utilizing a Social Network Environment

摘要

Systems and methods which utilize a social media platform to provide authentication information for a money transfer transaction are provided. Embodiments may include obtaining and utilizing information from online social network profile data of the sender, receiver or both in order to facilitate a convenient and secure transaction. Embodiments include an online social network profile database configured to store and correlate profile information for multiple users and a money transfer transaction processing device in communication with the database to authenticate a money transfer transaction. Embodiments may be implemented on the internet, with dedicated applications for a computer and/or mobile device, and the like.