Cash Delivery App with Authentication Code Routing
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Users face inconvenience and inefficiency in obtaining cash as they need to search for and travel to ATMs or bank branches, often unaware of available funds or transaction fees, and may lack the ability or time to do so.
Innovation Solution
A method involving a provider computing system that generates and verifies cash authentication codes, determines routes for cash delivery, and facilitates secure cash dispensation through a network of user devices and cash dispenser machines, allowing for cash delivery to customers without the need for them to physically visit an ATM.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users travel to ATMs or bank branches to withdraw cash, then they can obtain physical cash, but they spend substantial time on commuting and searching for locations
Solution Approach 1:
The patent introduces a cash delivery service as an intermediary between the banking system and the user. A driver acts as a mediator to physically deliver cash to the user's location, eliminating the need for the user to travel to an ATM or bank branch. The system uses a mobile application to coordinate this intermediary service, matching users with nearby drivers who can deliver cash within minutes.
Solution Approach 2:
The system enables users to initiate and manage cash delivery requests independently through a mobile application. Users can request cash delivery, track driver location, and complete the transaction without human intervention from bank staff, thus achieving self-service while eliminating the need to physically visit a bank.
2Loss of information
If users search for ATMs and check available funds before withdrawing, then they can avoid transaction fees and ensure sufficient cash availability, but this requires time and effort that many users cannot spare
Solution Approach 1:
The system performs preliminary actions by automatically providing users with information about available cash amounts and transaction fees before the cash delivery is initiated. The mobile application displays pre-verified information about the cash availability at nearby ATMs and any associated fees, so users make informed decisions without spending time on research.
Solution Approach 2:
The system provides real-time feedback to users about cash availability, driver location, and transaction status through the mobile application. This continuous feedback loop keeps users informed without requiring them to actively search for information, as the system proactively updates them on all relevant details.
3Ease of operation
If cash is delivered to users via driver, then users cannot physically visit ATMs, but the system requires implementation of authentication codes and GPS tracking to ensure security
Solution Approach 1:
The mobile application serves multiple functions within a single interface: it provides GPS tracking of the driver, displays authentication codes for verification, shows cash availability information, and manages the entire delivery transaction. This multi-functionality consolidates what would otherwise require multiple separate systems into one universal platform, reducing perceived complexity for the user.
Data Source
AI summary
Systems, methods, and apparatuses described herein relate to a method for delivering cash to a user. The method includes receiving a cash delivery request from a first user device of the user. The method includes generating a cash authentication code (CAC) for the cash delivery request to be verified by a cash dispenser machine. The method may include transmitting the cash delivery request and the CAC to a second user device of a driver. The method may include determining a route for the driver from a first location of the driver, to a second location of a cash dispenser machine, and to a third location of the customer to deliver the cash delivery request. The method may include instructing the cash dispenser machine to dispense cash in response to authenticating the second user device based on the CAC and determining that the first current location is at the second location.