US Patent:
20110196787, Aug 11, 2011
Inventors:
Liore Z. Alroy - Passaic NJ, US
Pierre Beaufils - Brooklyn NY, US
Assignee:
IDT CORPORATION - Newark NJ
International Classification:
G06Q 40/00
Abstract:
A method of transferring value to an electronic wallet includes obtaining a first telephone number from a user, the first telephone number being associated with a mobile telephone of the user; obtaining a PIN from the user, the PIN being associated with a prepaid money transfer card, the prepaid money transfer card having a value associated therewith; obtaining a second telephone number from the user, the second telephone number being associated with a mobile telephone of an intended recipient of at least some of the value associated with the prepaid money transfer card; and transferring the at least some of the value associated with the prepaid money transfer card with an electronic wallet associated with the second telephone number.