Automatic portable account controller for remotely arranging for transfer of value to a recipient

Claim 3

The method of transferring a value as in claim 1 wherein the steps of exchanging essential information further comprises establishing a telephone connection through the public service telephone network.

Claim 4

The method of transferring a value as in claim 2 further comprising transferring the value to the transfer destination of the transferee from the third party agent.

Claim 5

The method of transferring a value as in claim 1 further comprising transferring an identifier of a transfer destination of the transferred value from the transferee to third party agent.

Claim 6

The method of transferring a value as in claim 1 wherein the step of exchanging essential information further comprises exchanging an identifier of the transferor and transferee.

Claim 7

The method of transferring a value as in claim 5 wherein the step of transferring a proposed transfer value further comprising transferring an acceptance from the transferee to the transferor.

Claim 8

The method of transferring a value as in claim 1 wherein the step of exchanging essential information further comprising transferring a proposed transfer value from the transferor to the transferee.

Claim 9

The method of transferring a value as in claim 1 wherein the step of exchanging essential information further comprises transferring a transaction identifier from the transferor to the transferee.

Claim 10

The method of transferring a value as in claim 8 wherein the step of transferring the encrypted summary of the transaction from the transferor to the third party agent further comprising recovering a decryption key from a secure file maintained by the third party agent for the transferor.

Claim 11

The method of transferring a value as in claim 1 wherein the step of transferring a summary of the transaction from the transferor to the third party agent further comprises encrypting the summary.

Claim 12

The method of transferring a value as in claim 1 wherein the step of recovering the decryption key further comprising decrytpting the summary from the transferor.

Claim 13

Apparatus for transferring a value from a transferor to a transferee in a transaction executed through a public service telephone network, such apparatus comprising: means for exchanging essential information between the transferor and transferee; means for transferring a summary of the transaction from the transferor and from the transferee to a third party agent of the transferee along separate parallel paths through the public service telephone network; means for comparing identifiers of summaries received by the third party agent to match the summary of the transferor with the summary of the transferee; and means for comparing a content of the summary received from the transferor with a content of the summary received from the transferee and where a match is determined, transferring the value to the transferee.

Claim 14

Apparatus for transferring a value from a transferor to a transferee in a transaction executed through a public service telephone network, such apparatus comprising: means for exchanging essential information between the transferor and transferee; means for transferring a summary of the transaction from the transferor and from the transferee to a third party agent of the transferee along separate parallel paths through the public service telephone network; means for comparing identifiers of summaries received by the third party agent to match the summary of the transferor with the summary of the transferee; and means for comparing a content of the summary received from the transferor with a content of the summary received from the transferee and where a match is determined, transferring the value to the transferee.

Claim 15

The apparatus for transferring a value as in claim 12 further comprising means for transferring an identifier of a transfer destination of the transferred value from the transferee to third party agent.

Claim 16

The apparatus for transferring a value as in claim 12 further comprising means for transferring the value to the transfer destination of the transferee from the third party agent.

Claim 17

The apparatus for transferring a value as in claim 12 wherein the means for exchanging essential information further comprises means for exchanging an identifier of the transferor and transferee.

Claim 18

The apparatus for transferring a value as in claim 15 wherein the means for transferring a proposed transfer value further comprising means for transferring an acceptance from the transferee to the transferor.

Claim 19

The apparatus for transferring a value as in claim 12 wherein the means for exchanging essential information further comprising means for transferring a proposed transfer value from the transferor to the transferee.

Claim 20

The apparatus for transferring a value as in claim 12 wherein the means for exchanging essential information further comprises means for transferring a transaction identifier from the transferor to the transferee.

Claim 21

The apparatus for transferring a value as in claim 18 wherein the means for transferring the encrypted summary of the transaction from the transferor to the third party agent further comprising means for recovering a decryption key from a secure file maintained by the third party agent for the transferor.

Claim 22

The apparatus for transferring a value as in claim 12 wherein the means for transferring a summary of the transaction from the transferor to the third party agent further comprises means for encrypting the summary.

Claim 23

The apparatus for transferring a value as in claim 12 wherein the means for recovering the decryption key further comprising means for decrytpting the summary from the transferor.

Claim 24

Apparatus for transferring a value from a transferor to a transferee in a transaction executed through a public service telephone network, such apparatus comprising: a connection between the transferor and transferee for exchanging essential information between the transferor and transferee; a first modem for transferring a summary of the transaction from the transferor to a third party agent of the transferee through the public service telephone network; a second modem for transferring a summary of the transaction from the transferee to the third party agent of the transferee through a separate parallel connection through the public service telephone network; a first comparator for comparing identifiers of summaries received by the third party agent to match the summary of the transferor with the summary of the transferee; and a second comparator for comparing a content of the summary received from the transferor with the content of the summary received from the transferee and where a match is determined, transferring the value to the transferee.

Claim 25

Apparatus for transferring a value from a transferor to a transferee in a transaction executed through a public service telephone network, such apparatus comprising: a connection between the transferor and transferee for exchanging essential information between the transferor and transferee; a first modem for transferring a summary of the transaction from the transferor to a third party agent of the transferee through the public service telephone network; a second modem for transferring a summary of the transaction from the transferee to the third party agent of the transferee through a separate parallel connection through the public service telephone network; a first comparator for comparing identifiers of summaries received by the third party agent to match the summary of the transferor with the summary of the transferee; and a second comparator for comparing a content of the summary received from the transferor with the content of the summary received from the transferee and where a match is determined, transferring the value to the transferee.