US20020161702A1 — Money order debit from stored value fund

Claim 1

Independent Claim 100 words

1 . A method for transferring a credit amount out of an online system using a money order, the method comprising: receiving pay-out instructions at a server computer system from a wide-area computer network coupled to a payor, wherein the pay-out instructions include at least two of a payee, a delivery location, and the credit amount; determining a first handler associated with the payor; transferring the credit amount from the first handler to the online system; determining a second handler for preparation of the money order according to the pay-out instructions; and sending the pay-out instructions to the second handler.

Claim 2

Dependent Claim 100 words

1 . A method for transferring a credit amount out of an online system using a money order, the method comprising: receiving pay-out instructions at a server computer system from a wide-area computer network coupled to a payor, wherein the pay-out instructions include at least two of a payee, a delivery location, and the credit amount; determining a first handler associated with the payor; transferring the credit amount from the first handler to the online system; determining a second handler for preparation of the money order according to the pay-out instructions; and sending the pay-out instructions to the second handler.

Claim 3

Dependent Claim 44 words

2 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , wherein the delivery location is chosen from a group consisting of an agent location and an address of the payee.

Claim 4

Dependent Claim 54 words

3 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , further comprising steps of: receiving the pay-out instructions at the second handler; printing the money order according to the pay-out instructions; and sending the money order to the delivery location.

Claim 5

Dependent Claim 59 words

4 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , further comprising steps of: receiving the pay-out instructions at the second handler; printing the money order according to the pay-out instructions; and holding the money order at the second handler for pick-up by the payee.

Claim 6

Dependent Claim 47 words

5 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , further comprising a step of storing the credit amount in a stored value fund associated with one of the payor and the payee.

Claim 7

Dependent Claim 37 words

6 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , wherein the second handler is an agent location capable of printing money orders.

Claim 8

Dependent Claim 47 words

7 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , further comprising steps of: creating a temporary stored value fund for the payee; and storing the credit amount in the stored value fund.

Claim 9

Dependent Claim 63 words

8 . The method for transferring the credit amount out of the online system using the money order as recited in claim 1 , further comprising steps of: storing the credit amount in a first stored value fund associated with the payor; and transferring the credit amount from the first stored value fund to a second stored value fund associated with the payee.

Claim 10

Dependent Claim 31 words

9 . A computer-readable medium having computer-executable instructions for performing the computer-implementable method for transferring the credit amount out of the online system using the money order of claim 1 .

Claim 11

Dependent Claim 149 words

10 . A method for transferring a credit amount out of an online system using a payment instrument, the method comprising: receiving pay-out instructions at a server computer system from a wide-area computer network coupled to a payor, wherein the pay-out instructions include at least two of a payee, a delivery location, and the credit amount; determining a first handler associated with the payor; transferring the credit amount from the first handler to the online system; creating a temporary stored value fund for one of the payor and the payee if a stored value fund does not exist for the one; storing the credit amount in the temporary stored value fund; determining a second handler for preparation of the payment instrument according to the pay-out instructions; sending the pay-out instructions to the second handler; and transferring the credit amount from the temporary stored value fund to the second handler.

Claim 12

Dependent Claim 149 words

10 . A method for transferring a credit amount out of an online system using a payment instrument, the method comprising: receiving pay-out instructions at a server computer system from a wide-area computer network coupled to a payor, wherein the pay-out instructions include at least two of a payee, a delivery location, and the credit amount; determining a first handler associated with the payor; transferring the credit amount from the first handler to the online system; creating a temporary stored value fund for one of the payor and the payee if a stored value fund does not exist for the one; storing the credit amount in the temporary stored value fund; determining a second handler for preparation of the payment instrument according to the pay-out instructions; sending the pay-out instructions to the second handler; and transferring the credit amount from the temporary stored value fund to the second handler.

Claim 13

Dependent Claim 53 words

11 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , wherein the payment instrument is chosen from the group consisting of: a money order, a cashiers check, a tellers check, a certified check, a gift certificate, and a coupon.

Claim 14

Dependent Claim 69 words

12 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , further comprising a step of electronically notifying at least one of the payor and payee of the payment instrument, wherein the electronic notification includes at least one of a web page, an instant message, an e-mail message, a pager message, and a wireless phone message.

Claim 15

Dependent Claim 40 words

13 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , wherein the server computer system comprises a plurality of computers coupled together by a computer network.

Claim 16

Dependent Claim 55 words

14 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , wherein the first handler includes at least one of a bank, a credit card company, a debit card company, an agent location, a stored value fund, and an airline mileage program.

Claim 17

Dependent Claim 47 words

15 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , wherein the second handler includes at least one of a gift certificate issuer, an electronic gift certificate issuer, and a money order issuer.

Claim 18

Dependent Claim 47 words

16 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , wherein the credit amount corresponds to at least one of: currency, monetary value, airline mileage, promotional program points, gift certificate credit, and commodities.

Claim 19

Dependent Claim 46 words

17 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , further comprising steps of: retrieving a trigger condition that initiates the second-listed transferring step; and determining when the trigger condition is satisfied.

Claim 20

Dependent Claim 50 words

18 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 17 , wherein the trigger condition includes at least one of: a credit balance in the stored value fund meeting a threshold; and a period of time expiring.

Claim 21

Dependent Claim 44 words

19 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 10 , wherein the payor, the first handler, the second handler and the payee are remotely located with respect to each other.

Claim 22

Dependent Claim 31 words

20 . A computer-readable medium having computer-executable instructions for performing the computer-implementable method for transferring the credit amount out of the online system using the payment instrument of claim 10 .

Claim 23

Dependent Claim 130 words

21 . A method for transferring a credit amount out of an online system using a payment instrument, the method comprising: receiving pay-out instructions at a server computer system from a wide-area computer network coupled to a payor, wherein the pay-out instructions include at least two of a payee, a delivery location, and the credit amount; determining a first handler associated with the payor; transferring the credit amount from the first handler to the online system; storing the credit amount in a stored value fund associated with one of the payor and payee; determining a second handler for preparation of the payment instrument according to the pay-out instructions; sending the pay-out instructions to the second handler; and transferring the credit amount from the stored value fund to the second handler.

Claim 24

Dependent Claim 130 words

21 . A method for transferring a credit amount out of an online system using a payment instrument, the method comprising: receiving pay-out instructions at a server computer system from a wide-area computer network coupled to a payor, wherein the pay-out instructions include at least two of a payee, a delivery location, and the credit amount; determining a first handler associated with the payor; transferring the credit amount from the first handler to the online system; storing the credit amount in a stored value fund associated with one of the payor and payee; determining a second handler for preparation of the payment instrument according to the pay-out instructions; sending the pay-out instructions to the second handler; and transferring the credit amount from the stored value fund to the second handler.

Claim 25

Dependent Claim 53 words

22 . The method for transferring the credit amount out of the online system using the payment instrument as recited in claim 21 , wherein the payment instrument is chosen from the group consisting of: a money order, a cashiers check, a tellers check, a certified check, a gift certificate, and a coupon.

Claim 26

Dependent Claim 31 words

23 . A computer-readable medium having computer-executable instructions for performing the computer-implementable method for transferring the credit amount out of the online system using the payment instrument of claim 21 .

Money order debit from stored value fund

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