Abstract: Systems and methods for payment processing are disclosed. In one embodiment, a method for payment processing may include (1) receiving, at a financial institution, a payment instruction to effectuate a payment to a payee, the payment instruction comprising a payment amount, a payee identifier, and electronic contact information for the payee; (2) at least one financial institution computer processor electronically communicating a payment offer to electronic contact information for the payee, the payment offer comprising a payment amount and an offer to accept electronic payment for the payment amount; (3) receiving, from the payee, acceptance of the payment offer; and (4) the at least one financial institution computer processor causing the payment amount to be electronically transferred to the payee.