Patent US 8,548,907

A system and method for converting any and all types of paper money orders into electronic money orders, for retrieval subject to authorization. It allows a customer to make online purchases of goods and services, or pay bills, with an electronic money order. Electronic money orders can be used by a customer online to purchase goods and services from online vendors. The customer will be able to keep his or her electronic money order account active by adding any and all types of paper money orders to the account.