Inventors:
Cheryl L. Neofytides - Putnam Valley NY, US
Aamer Ali Baig - Forest Hills NY, US
Peter M. Karas - Franktown CO, US
James E. Cowell - Littleton CO, US
James R. Yoder - Chicago IL, US
Matt F. Golub - Atlanta GA, US
Assignee:
First Data Corporation - Greenwood Village CO
International Classification:
G06Q 40/00, G06Q 20/00
Abstract:
According to the invention, a method for automatically transferring credit between a stored value fund and a handler using a wide-area computer network is disclosed. In one step, automated transfer information is received at a server computer system from the wide-area computer network that is coupled to a user associated with the stored value fund. The handler chosen by a user for an automated transfer, the direction of the automated transfer with respect to the stored value fund and an amount for the automated transfer are determined. The amount is automatically transferred between the stored value fund and the handler.