	US 12,260,382 B2
	Exchanging physical cash with an electronic funds account
David de Villiers, Ballito (ZA); and Martin Paul Moshal, Queens Way Quay (GI)
Assigned to Gelliner Limited, Douglas (IM)
Appl. No. 15/748,594
Filed by Gelliner Limited, Douglas (IM)
PCT Filed Aug. 5, 2016, PCT No. PCT/GB2016/052445 § 371(c)(1), (2) Date Jan. 29, 2018, PCT Pub. No. WO2017/025728, PCT Pub. Date Feb. 16, 2017.
Claims priority of application No. 1514006 (GB), filed on Aug. 7, 2015.
Prior Publication US 2019/0005473 A1, Jan. 3, 2019
Int. Cl. G06Q 20/10 (2012.01); G06Q 20/32 (2012.01); G06Q 20/40 (2012.01); G06Q 40/00 (2023.01); G06Q 40/02 (2023.01); G07F 19/00 (2006.01)

CPC G06Q 20/1085 (2013.01) [G06Q 20/3224 (2013.01); G06Q 20/4014 (2013.01); G06Q 40/00 (2013.01); G06Q 40/02 (2013.01); G07F 19/20 (2013.01); G07F 19/203 (2013.01); G07F 19/211 (2013.01); G06Q 20/326 (2020.05)]

22 Claims

1. A method comprising:

launching a banking application at a withdrawer computing device comprising a processor, a user interface, and a global positioning system receiver;

activating, at the withdrawer computing device, personal automated teller machine (ATM) functionality of the banking application in response to use of an activation icon displayed by the banking application on the user interface;

determining, at the processor using the global positioning system receiver, a location of the withdrawer computing device;

sending, by the withdrawer computing device to an application server device, a cash transaction request having an associated maximum broadcast radius extending from the location of the withdrawer computing device, wherein the cash transaction request is for a peer-to-peer cash exchange of an amount of physical cash;

receiving, at the application server device from a depositor computing device, a transmission that indicates personal ATM application functionality at the depositor computing device is activated and that contains data indicating a location of the depositor computing device;

determining, at the application server device, the location of the depositor computing device is within the associated maximum broadcast radius extending from the location of the withdrawer computing device;

determining, at the application server device, the personal ATM functionality at the depositor computing device is activated thereby making a party associated with the depositor computing device eligible to participate in the peer-to-peer cash exchange;

receiving, by the withdrawer computing device from the application server device, a quote for the peer-to-peer cash exchange, wherein:

the quote includes an offer to participate in the peer-to-peer cash exchange,

the first is by the party associated with the first depositor computing device,

the offer includes a non-zero transaction fee, requested by the party associated with the first depositor computing device, to participate in the peer-to-peer cash exchange, and

the quote indicates a distance from the location of the withdrawer computing device to a location of the depositor computing device,

displaying, by the withdrawer computing device, the quote;

obtaining, by the withdrawer computing device, an acceptance of the quote;

sending, by the withdrawer computing device to the application server device, a notification of the acceptance of the quote; and

after sending the notification of the acceptance of the quote, displaying, by the withdrawer computing device, a map indicating the location of the withdrawer computing device and a suggested safe location for a party associated with the withdrawer computing device and the party associated with the depositor computing device to meet to perform the peer-to-peer cash exchange.