SYSTEMS AND METHODS FOR MOBILE DEVICE AND CODE BASED MONEY DEPOSIT, WITHDRAWAL AND TRANSFER

摘要

A user registers with a banking server to obtain a username associated with a bank account. The user purchases a code associated with a deposit amount. The code may be sold by a retail outlet and may be printed on scratcher card with the code hidden by opaque removable material. Using the mobile device, the user logs into the banking server and sends the deposit code to the banking server. The banking server validates the deposit code and then instructs the bank to deposit funds equal to the deposit amount into the bank account. To withdraw money, the banking server sends an authorization to the user's mobile device, which is read by a reader device at a retail outlet which dispenses money. To transfer money, the user uses the mobile device to identify transferor and transferee bank accounts and an amount of funds to transfer between the two.