PERSON-TO-PERSON, PERSON-TO-BUSINESS, BUSINESS-TO-PERSON, AND BUSINESS-TO-BUSINESS FINANCIAL TRANSACTION SYSTEM

摘要

The delivery of a secure method and system of generating person to person, business to business, business to person and person to business transactions involving transfer of funds from one party (the purchaser) to a second party (the vendor). This invention extends the functionality of existing credit/debit cards and the associated infrastructure to provide a secure global mechanism for individuals/businesses to receive funds without reveali ng confidential information or having to become credit/debit accepting merchant s.