Abstract: A method and device of performing a person-to-person payment from a wireless personal communications device of an originator to a wireless communications device of a recipient is provided. The method include transferring a respective blind payment identifier, which is associated with a payment having a monetary value, from a wireless personal communications device of the originator to a wireless personal communications device of the recipient by using a direct device-to-device communications protocol. The personal communications device includes means arranged to communicate wirelessly with a remote payment system to set up a payment therewith including by obtaining and storing a blind payment identifier; and means arranged to communicate directly with a proximal, second personal communications device and impart the blind payment identifier thereto.

Abstract: A method and apparatus for performing a transaction based on a payment identifier which is embedded in or on a product. In response to an order for a product, a payment identifier is generated and associated with a monetary amount which is ring-fenced in an account. The payment identifier is embedded in or on the ordered product and the product is sent to a recipient. On receipt of the product, the recipient uses the payment identifier to obtain the monetary amount, via an Automated Teller Machine or an electronic bank transfer to their account. Ring-fenced monetary amounts in respect of the account are managed by a payment system and an associated method.