WO2014128636A1

WO2014128636A1 - Method and system for video payments

Info

Publication number: WO2014128636A1
Application number: PCT/IB2014/059118
Authority: WO
Inventors: Amit AMIT KUMAR JAIN
Original assignee: Amit Kumar Jain Amit
Priority date: 2013-02-22
Filing date: 2014-02-20
Publication date: 2014-08-28

Abstract

The present invention is a method of recording, editing and sharing videos comprising recording and storing a plurality of individual videos using a set of slots representing an embodiment of a collage of videos displayed in the camera view on the screen of an electronic device, resulting in a plurality of corresponding recorded videos; editing said plurality of recorded videos on an individual basis or on a collective basis and creating a single resultant video using said plurality of recorded videos. The present invention also implements collaborative video recording wherein video recording of a plurality of individual videos using said set of slots is performed by a primary user and at least one secondary user and corresponding recorded videos (of the collaboration) are used to make a resultant video (of the collaboration) which is subsequently edited and shared.

Description

METHOD AND SYSTEM FOR VIDEO PAYMENTS

BACKGROUND

Technical Field

[001] The present invention relates to a method and system for video interaction and more particularly to interactive video commerce through mobile payment ecosystem including connected devices and all offline and online commerce ecosystems using videos.

Description of the related Art

[002] 1 Earlier payment of bills were commonly received through paper by mail and 2 to make a payment, the payment section on the bill was typically filled by hand and returned to the biller by mail. Nowadays, an alternative way for paying bills is via telephonic payments using credit card or other pre-arranged payment systems such as cash on delivery or online/internet based payment systems that allows us to make electronic payments online without any use of paper or cash. However, it is a tedious job to enter all the payment details, account details, credit/debit card details and carry out transactions. Moreover a lot of online vendors do not save account details on first purchase and therefore, subsequent purchases require repetition of the process of entering personal and bank account details, credit/debit card details, which is a big friction and bottleneck in terms of user convenience when it comes to today's online monetary transactions system. Moreover, the current system does not provide ample protection in cases when an unauthorized malicious entity comes in possession of details like one's card number, name on card, expiry date, CVV number, bank account passwords, etc. Since no examination of the biological or anatomical features of the transaction requester is done for authenticity (biometric authentication). Hence, what is needed is an easy and efficient means of carrying out online transactions that do not require entering personal details, credit/debit card details, passwords, etc. every time a person wants to make an online transaction, reducing the latency in data transfer between users (both the one who is sending and the receiver) and providing better security and authentication methods that incorporate biometric authentication.

SUMMARY OF THE INVENTION

[003] The present invention is a method and system for video commerce wherein monetary transactions of making payments, receiving payments, purchases, sending and receiving money and other such activities are performed through videos wherein the videos can either be recorded, pre-recorded or live-stream. In order to send money or make a payment, use of a video is made wherein a user mentions in the video to transfer a particular amount of money to a particular person/company that he chooses from a list of pre -configured users. This video is then transferred through a secure data communication tunnel to a server which then authenticates the user's credentials, and upon successful authentication confirmation, the payment is made to said person/company by using associated monetary accounts that belong to the user and the said person/company. The invention implements a service through which the above mentioned activities are performed. Said service requires registration of a user to provide his personal details, financial and monetary details, biological or anatomical features for biometric authentication and in addition, details for geo- location and device identification are obtained. If a receiver of payment is not registered with said service, then the receiver is required to register. The above mentioned pre-configured users are a list of registered users that a particular user associates with his or her account.

[004] A user is required to register only once initially and thereafter, all subsequent transactions are done automatically without the need to enter any further details like personal and bank account details, credit/debit card details, etc.All authentication activities are automatically carried out in the background/backend (in the server) without the user's involvement.

BRIEF DESCRIPTION OF DRAWINGS

[005] The preferred embodiments of the invention are described more efficiently hereinafter with reference to the accompanying drawings enabling the person skilled in the art.

[006] Figure 1 illustrates generating a video in an electronic device that is to be sent.

[007] Figure 2 illustrates the video to be shared using GUI.

[008] Figure 3 illustrates the pre-configured list of the registered users from which the user selects at least one user he wishes to send the payment video clip.

[009] Figure 4 illustrates the authentication request generated by the authentication module at the backend of at least one server on an electronic device of the sender.

[0010] Figure 5 illustrates the successful completion of said request for monetary transaction authentication by the backend server on an electronic device of the sender.

[0011] Figure 6 illustrates the approval by the user to release the funds by using appropriate GUI.

[0012] Figure 7 illustrates sending a payment video choosing appropriate GUI, from an electronic device. [0013] Figure 8 illustrates notification from the server for successful transaction.

[0014] Figure 9 illustrates confirmation of the funds transferred, through a transaction receipt by the server.

[0015] Figure 10 illustrates accepting the received video clip for funds or payment using a GUI on an electronic device.

[0016] Figure 11 illustrates registration of the new user to utilize the service provided for monetary transaction using appropriate GUI.

[0017] Figure 12 illustrates authentication request at the receivers end by the backend server on an electronic device of the receiver.

[0018] Figure 13 illustrates the successful completion of said request for monetary transaction authentication by the backend server on an electronic device of the receiver.

[0019] Figure 14 illustrates the access to the received video clip.

[0020] Figure 15 illustrates providing an identification tag to the video clip to be sent using a GUI to the designated user and /or replying to the received video clip by putting an identification tag to it.

[0021] Figure 16 illustrates receiving of a video clip on an electronic device that has an identification tag destined to the designated person and playing it using a GUI.

[0022] Figure 17 illustrates the tagged video clip once viewed by the person designated shall be marked used so that the video will not be available for viewing later.

[0023] Figure 18 illustrates live streaming of the video and simultaneous tagging the video payment destined to the desired person.

[0024] Figure 19 illustrates sending the tagged video payment clip using a GUI. [0025] Figure 20 illustrates receiving the tagged video payment clip and playing the same using a GUI.

[0026] Figure 21 illustrates multiple videos with identification tag especially in case of advertisements by merchants.

[0027] Figure 22 illustrates replying the video clip and resending to the desired person.

[0028] Figure 23 illustrates the network comprising user electronic device, receiver electronic device, at least one server and an authentication module and a personalization module.

DETAILED DESCRIPTION OF PREFERRED EMBODIMENTS

[0029] The following detailed description contains specific details that are set forth to provide a comprehensive understanding of the present invention. Although the following detailed description contains many specifics for the purposes of illustration, anyone of ordinary skill in the art will appreciate that many variations and alterations to the following details are within the scope of the invention.

[0030] The present invention can be implemented on any electronic device that has hardware components that support video recording and sharing such as(but not limited to)- computers(desktop, laptop, tablets) with web-camera , mobile phones with cameras, personal multimedia devices with camera, etc.

[0031] The various electronic devices having hardware platforms on which the applications that implement the present invention run may use one or more processors with different instruction-sets, architectures, clock-speeds, etc. and memory that may include high speed random access memory and may include non-volatile memory such as one or more magnetic disk storage devices, flash memory devices and other kinds of solid state memory devices.

[0032] The means of control and navigation that these devices use include (but not limited to) touchpads, touchscreens, mouse, gesture control, etc. Display means used by these hardware platforms may use LCD(liquid crystal display) technology, LED(light Emitting Diode) technology, CRT(Cathode ray tube) technology, or LPD(light emitting polymer) technology or any other display technologies. Various realizations of graphics display circuitry that implement a Graphics Processing Unit (GPU) are used to achieve video interface between user and these electronic devices.

[0033] Connectivity of these devices with networks such as the internet, an intranet and/or wireless network such as cellular telephone network, a wired or wireless local area network(LAN) and/or metropolitan area network(MAN) and/or WAN(wide area network) and other wireless communication is achieved by use of a plurality of communication standards, protocols and technologies like Global System for mobile communication(GSM), Enhanced Data GSM Environment(EDGE), wideband code division of multiple access(W-CDMA), code division of multiple access(CDMA),time division multiple access(TDMA), Bluetooth, Wireless Fidelity(Wi-Fi) and/or any other suitable communication protocol, including communication protocols not yet developed as of the filing date of this document.

[0034] Audio interface between a user and these devices is achieved by use of various realizations of audio circuitry. The present invention maybe implemented on applications that run on a single or variety of operating system platforms including but not limited to OS X, WINDOWS®, UNIX, IOS, ANDROID®, SYMBIAN, LINUX, or embedded operating systems such as VxWorks. The present invention maybe implemented various video formats including but not limited to MPEG-4, AVI, FLV, WMV, DIVX, MKV and VOB.

[0035] The present invention may also be implemented to work with various web browsers including but not limited to Internet Explorer, Mozilla Firefox, Safari and Opera that access and handle various types of web pages constructed with various mark up languages such as HTML,HTML-5,XHTML,XML,etc. and the associated CSS(cascading style sheet) files and JavaScript files.

[0036] The present invention may implement various approaches to achieve successful monetary transactions using video. Videos that are used may be live- streaming videos, pre-recorded videos, recorded videos (videos recorded just prior to transaction request for the same purpose) or any other such embodiment of video.

[0037] The present invention implements a system of video interaction for monetary transactions comprising a video interaction module 110, a network 109, an authentication module 106 and a personalization module 106. Said video interaction module is used for generating a video 100 and related data in an electronic device 102 and sending this video as requests for performing monetary transactions. Said network comprises a user electronic device 107 used by a user to generate monetary transaction request using said video interaction module to send an amount of money to a receiver; at least one serverl08 that receives, authenticates and processes said monetary transaction requests using said authentication module 106; a receiver electronic device 107 used by said receiver to receive said amount of money specified in said monetary transaction request and at least one data transfer tunnel 105that enables secure transfer of data within said network.

[0038] The video is then transferred over said network 109 through high security data-tunnels which are protected data gateways that provide protection of said video 100 and related data from malicious and unauthorized attacks, interceptions and accesses .Said authentication module 106 collects information comprising personal information, financial information ,biometric details and device information of said user and said receiver, and stores them in a related database as authentication data for authentication of said user and said receiver. One or a combination of these maybe used to authenticate a user. Personal details involve details like name, address, phone number, e-mail, date of birth, nationality, etc.

[0039] Financial details require a user to provide details regarding any monetary account that said system can access which holds information as to how much money a user has or can spend using which payments can me made/validated. Said account can also be used for receiving payments wherein amount of money is credited/added to amount of money said user has. Hence said account can be used as a user's (sender) account from which an amount of money is deducted or a receiver's account in which an amount of money is deposited/credited/added.

[0040] Biological and anatomical details are acquired from a user for biometric authentication and may involve one or more of techniques such as (but not limited to) retina scan, facial recognition with texture matching, and voice printing. Device identification is a number used to authenticate devices used by a user and each device identification number corresponds to a unique device number (Unique Device Identification Number).

[0041] Device identification also involves geo-tagging a device. Geo-tagging is the process of adding geographical identification metadata to the video .This data usually consists of latitude and longitude coordinates, though they can also include altitude, bearing, distance, accuracy data, and place names. Said personalization module 106enables personalization of videos by adding said user's personal graphical stamp 103on a video as a digital imprinting implemented as said user's identification tag integrated to said video's data as visible metadata. Said graphical stamp 103 is a customized stamp or watermark or any such graphical representation of the user's (who created the video ) name, company logo, etc. that is incorporated into the video so that the video is instantly identified as that belonging to said user upon viewing. Videos 100 are protected from unauthorized replication and misuse by securing videos with digital imprinting 103, which is a form of digital signature that is integrated with the video data as metadata. A digital imprint is unique for every user and no two entities can have identical digital imprints. Digital imprinting is implemented as an identification tag.

[0042] An identification tag is a tag that is attached along a video that identifies an entity and can be used to retrieve information associated with the entity available in the internet as this tag is unique for each and every user. A video having an identification tag 103 can be sent from any source and shared and it can be made available on the internet (or any other network) out as a point of sale or payments.

[0043] The video interaction module 110 enables a video and related data to be generated by a user in a user electronic device and sent to said at least one server 108 through said at least one data tunnel 105, wherein said authentication module 106 compares said video 100 and related data with said user's authentication data stored in said database and said monetary transaction is authenticated if said video and related data matches said authentication data. Upon authentication, said at least one server completes said monetary transaction by electronic transfer of an amount of money from said user's account to a receiver's account.

[0044] Upon successful transaction, said at least one server sends a notification of successful transaction to said user. Also, upon successful transaction, said at least one server sends said video and related data to a receiver electronic device 107 belonging to said receiver. Thereafter, said video and related data is disabled over said network by said at least one sever 108 that makes changes in said video and related data's metadata to prevent any unauthorized re-use of said video for making any further transactions.

[0045] Data transferred within said network is encrypted at a source node and decrypted at a destination node. The said video 100 can also be time bound and self destructive with time/view restrictions and encrypted to maximize the payment security. A service is associated with said system and said user interacts with said system using said service wherein said service requires said user and said receiver to register with said service for setting up a service account before first monetary transaction request can be made by said sender.

[0046] After said registration of the user and the receiver, said service completes any subsequent requested monetary transaction automatically upon receiving said request for monetary transaction based on the information said user conveys through said video and related data. Said service then prompts said authentication module 106 to perform said user's authentication and upon successful authentication by said authentication module, said service prompts said at least one server 108 to perform said requested monetary transaction. Upon successful completion of said requested monetary transaction, said service prompts said at least one server to send a notification of successful transaction of said requested monetary transaction to said user. Upon successful completion of said requested monetary transaction , said service prompts said at least one server to send said video and related data to a receiver electronic device belonging to said receiver.

[0047] To further add an extra measure of confirmation from the user, an embodiment of confirmation request is implemented wherein an initial confirmation before sending video is obtained from a user(sender) and a second confirmation request is made to said user after successful authentication to confirm a payment. Said service implements said personalization module to integrate an identification tag with said video and related data upon generation of said video and related data by said video interaction module. An identification tag is a tag that is attached along a video that identifies an entity and can be used to retrieve information associated with the entity available in the internet as this tag is unique for each and every user.

[0048] The video either live video or created or stored video having an identification tag can be sent from any source and shared, and once it is identification tagged, it can be made available on the internet (or any other network) out as a point of sale or payments. Using said identification tag, interactive and embedded in-video payment is implemented in online commercial platforms wherein if a content or product provider (seller) is registered with the service and has buyer's video in database with buyer's authentication, the payment is directly made upon approval of the buyer to confirm his purchase from said seller. Said service and identification tag are integrated with said platform to support hassle free online shopping.

[0049] For example, a merchant registered with said service can record/shoot a video advertising a product in said video and he can post or share said video on the internet. The merchant can then add his identification tag to said video such that a buyer registered with said service who wants to buy said product after viewing said video can do so simply by choosing the option of agreeing to buy said product associated with said video , add his identification tag to said video for the payment of an amount of money corresponding to price of said product and share/send said video to the merchant and the money is transferred from said buyer's account(sender account) to merchant's account (receiver account) upon successful authentication. Hence, we see that there was no need for a buyer to record a fresh video.

[0050] Said system and associated service may configured with at least one software and/or at least one hardware system. Said system can be integrated as a feature or third party software component in software applications or services or systems .Said system can be integrated with other hardware systems for achieving monetary transactions using video.

[0051] In another aspect of the invention, said service performs translation of content of said video to preferred language of said receiver using said at least one server if the preferred language of said user and said receiver are not same. Advanced transcoding, transcribing and natural speech recognition engines are used to process incoming and outgoing videos for accurate processing from their source language (user's language) to the destination language(receiver's language) and also, optional automated subtitles are provided with the concerned video.

[0052] The present invention also implements a method of video interaction for electronic monetary transaction using electronic devices 101 comprising receiving at least one input sent by a user from his/her electronic device to from a user register said user to a service for setting up a service account that said user can use to function either as a sender requesting a monetary transaction to send money or a receiver who receives money through a monetary transaction; upon registration, receiving an input from said sender for generating a video using a video interaction module, and using said video and related data as a request for a monetary transaction wherein said sender mentions in said video an amount of money to be transferred to said receiver that he chooses from a list of pre-configured registered users; using said service to send said video and related data to at least one server over a network using at least one secure data tunnel authenticating said sender's request for said monetary transaction using an authentication module; using a personalization module wherein said personalization module enables personalization of said video by adding said user sender's personal graphical stamp on said video as a digital imprinting implemented as said user sender's identification tag integrated to a video's data as visible metadata; and transferring said amount of money to said receiver upon authentication; and sending said video and related data to said receiver upon authentication.

[0053] In the method, registration comprises using said authentication module for obtaining and storing data comprising personal information, financial information, biometric details and device information of said user in a related database. In the method, wherein upon storing said data, said authentication module performs a user authentication that comprises comparing said sender's stored data with said video and related data , and authenticating said request for transaction if said sender's stored data matches with said video and related data, performed by said authentication module. [0054] In the method, upon successful authentication of said request for transaction by said authentication module, execution of said requested monetary transaction is carried out using said at least one server through said service. Successful completion of said requested monetary transaction is further followed by sending a notification of successful transaction of said monetary transaction to said sender's electronic device by said service using said at least one server.

[0055] In the method, successful completion of said requested monetary transaction is further followed by sending said video and related data to said a receiver electronic device belonging to said receiver's electronic device by said service using said at least one server. In the invention, said service is provided to users as a software application or an application integrated with some other software and/or hardware platform.

[0056] Said application comprises a video player and video recorder for recording or playing videos; a GUI(graphical user interface) 104 that enables a user to register with said service, pick a receiver to whom payment is to be made from a pre- configured list of registered users 111, add new receivers to said list, remove a receiver from said list, associate a monetary account with his service account which can either be an existing bank account or any other account that represents amount of money said user has for making payments, start or stop or pause recording of a video, play videos, send videos, receive videos, confirm payments, receiving and viewing videos, making purchases, add graphical thumbnail to video, add personal or financial or biometric details, etc.

[0057] Said video interaction module, said authentication module, said personalization module, said at least one server and said service comprise one or more means and/or mechanisms that enable them to perform functions as mentioned. These means and/or mechanisms may be in part or on their entirety software codes or at least one hardware component comprising a processor, memory and I/O peripherals or a combination of hardware and software.

[0058] Said video interaction module comprises a mechanism that enables a video and related data to be generated by said user in said user electronic device and sent to said at least one server through said at least one data tunnel. Said at least one server comprises a means to receive, a means to authenticate and a means to processes said monetary transaction requests using said authentication module. Said at least one server comprises a means to complete said monetary transaction by electronic transfer of said amount of money from said user's account to said receiver's account. Said at least one server further comprises a means to send a notification of successful transaction to said user. Also, said at least one server comprises a means to send said video and related data to a receiver electronic device belonging to said receiver. Said at least one server comprises a mechanism to disable said video and related data over said network.

[0059] Said authentication module comprises a means to collect information and store them in a related database as authentication data for authentication of said user and said receiver. Said authentication module comprises a mechanism to compare said video and related data with said user's authentication data stored in said database and authenticate said monetary transaction if said video and related data matches said authentication data.

[0060] Said personalization module comprises a means to enable personalization of said video by adding said user's personal graphical stamp on said video as a digital imprinting implemented as said user's identification tag integrated to said video's data as visible metadata. Said personalization module comprises a mechanism to integrate said identification tag with said video and related data upon generation of said video and related data by said video interaction module. Said video having said identification tag comprises a configuration means that enables said video to be sent from a source and made available on the internet as a point of sale or payments.

[0061] Said service comprises a means for registering said user and said receiver with said service. Said service comprises a mechanism to forward any subsequent requested monetary transaction automatically upon receiving said request for monetary transaction based on the information said user conveys through said video and related data. Said service comprises a means to prompt said authentication module to perform said user's authentication and upon successful authentication by said authentication module, prompt said at least one server to perform said requested monetary transaction.

[0062] Said service comprises a means to prompt said at least one server to send a notification of successful transaction of said requested monetary transaction to said user electronic device. Said service comprises a means to prompt said at least one server to send said video and related data to a receiver electronic device belonging to said receiver. Said service comprises a means to perform translation of content of said video to a preferred language of said receiver using said at least one server if the preferred language of said user and said receiver are not same. Said system and said service comprise means to be configured with at least one software and/or at least one hardware system.

Claims

CLAIMS What is claimed is:

1. A system for facilitating video interaction for monetary transactions, said system comprising: a video interaction module for generating a video and related data in an electronic device and sending said video and related data as requests for performing monetary transactions; a network comprising a user electronic device used by a user to generate monetary transaction request using said video interaction module to send an amount of money to a receiver, at least one server that receives, authenticates and processes said monetary transaction requests using said authentication module, a receiver electronic device used by said receiver to receive said amount of money specified in said monetary transaction request and at least one data transfer tunnel that enables secure transfer of data within said network; an authentication module that collects information comprising personal information, financial information ,biometric details and device information of said user and said receiver, and stores them in a related database as authentication data for authentication of said user and said receiver; and a personalization module that enables personalization of said video by adding said user's personal graphical stamp on said video as a digital imprinting implemented as said user's identification tag integrated to said video's data as visible metadata.

2. The system according to claim 1, wherein said video interaction module comprises a mechanism that enables a video and related data to be generated by said user in said user electronic device and sent to said at least one server through said at least one data tunnel.

3. The system according to claiml, wherein said authentication module comprises a mechanism to compare said video and related data with said user's authentication data stored in said database and authenticate said monetary transaction if said video and related data matches said authentication data.

4. The system according to claim 3, where in upon authentication, said at least one server comprises a means to complete said monetary transaction by electronic transfer of said amount of money from said user's account to said receiver's account.

5. The system according to claim 4, wherein said at least one server comprises a means to send a notification of successful transaction to said user.

6. The system according to claim 4,wherein said at least one server comprises a means to send said video and related data to a receiver electronic device belonging to said receiver.

7. The system according to claim 6, wherein said at least one server comprises a mechanism to disable said video and related data.

8. The system according to claim 1, wherein said personalization module comprises a mechanism to integrate said identification tag with said video and related data upon generation of said video and related data by said video interaction module.

9. The system according to claim 1, wherein said video having said identification tag comprises a configuration means that enables said video to be sent from a source and made available on the internet as a point of sale or payments.

10. The system according to claim 1, wherein data transferred within said network is encrypted at a source node and decrypted at a destination node.

11. The system according to claim 1 , wherein a service is associated with said system and said user interacts with said system using said service.

12. The system according to claim 1 1, wherein said service comprises a means for registering said user and said receiver with said service.

13. The system according to claim 12, wherein after said registration of the user and the receiver, said service comprises a mechanism to forward any subsequent requested monetary transaction automatically upon receiving said request for monetary transaction based on the information said user conveys through said video and related data.

14. The system according to claim 13, wherein said service comprises a means to prompt said authentication module to perform said user's authentication and upon successful authentication by said authentication module, prompt said at least one server to perform said requested monetary transaction.

15. The system according to claim 14,weherein upon successful completion of said requested monetary transaction , said service comprises a means to prompt said at least one server to send a notification of successful transaction of said requested monetary transaction to said user electronic device.

16. The system according to claim 13, wherein upon successful completion of said requested monetary transaction, said service comprises a means to prompt said at least one server to send said video and related data to a receiver electronic device belonging to said receiver.

17. The system according to claim 11, wherein said system and associated service comprise means to be configured with at least one software and/or at least one hardware system.

18. The system according to claim 1, said service comprises a means to perform translation of content of said video to a preferred language of said receiver using said at least one server if the preferred language of said user and said receiver are not same.

19. A method of video interaction for facilitating electronic monetary transaction using electronic devices, the method comprising: receiving at least one input sent by a user from his/her electronic device to register said user to a service for setting up a service account that said user can use to function either as a sender requesting a monetary transaction to send money or a receiver who receives money through a monetary transaction; upon registration, receiving an input from said sender for generating a video using a video interaction module, and using said video and related data as a request for a monetary transaction wherein said sender mentions in said video an amount of money to be transferred to said receiver that he chooses from a list of pre -configured registered users; using said service to send said video and related data to at least one server over a network using at least one secure data tunnel ; authenticating said sender's request for said monetary transaction using an authentication module; using a personalization module wherein said personalization module enables personalization of said video by adding said sender's personal graphical stamp on said video as a digital imprinting implemented as said sender's identification tag integrated to a video's data as visible metadata;

transferring said amount of money to said receiver upon authentication; and sending said video and related data to said receiver upon authentication.

20. The method according to claim 19, wherein registration comprises using said authentication module for obtaining and storing data comprising personal information, financial information, biometric details and device information of said user in a related database.

21. The method according to claim 20, wherein upon storing said data, said authentication module performs a user authentication that comprises comparing said sender's stored data with said video and related data , and authenticating said request for transaction if said sender's stored data matches with said video and related data.

22. The method according to claim 21, wherein upon successful authentication of said request for transaction by said authentication module, execution of said requested monetary transaction is carried out using said at least one server through said service.

23. The method according to claim 22, wherein successful completion of said requested monetary transaction is further followed by sending a notification of successful transaction of said monetary transaction to said sender's electronic device by said service using said at least one server.

24. The method according to claim 22, wherein successful completion of said requested monetary transaction is further followed by sending said video and related data to said receiver's electronic device by said service using said at least one server.