Abstract: A transactional messaging system displaying financial transactions in a user interface structured to resemble an email messaging user interface and/or an instant messaging user interface. The financial transactional messaging system presents and interacts with the financial transactions as email or instant messages, reducing the complexity of tracking, managing and processing transactions while preserving the full capabilities of a transaction processing system. Different transactions scenarios, such as requesting money, sending money, refunding a payment, sending payouts, cash on delivery (COD) and other financial transactions are presented utilizing different transactional process types that are organized under different mailbox folders such as inbox, sent items and deleted items. Inside each folder, the different transactions appears as emails that can be read, processed (pay, accept, release funds, decline, etc.

Abstract: A point of sale (POS) payment system does not require the payor to disclose confidential and sensitive financial information to the payee in order to settle the transaction. The payee presents the payor with an invoice or bill. The payor requests from their bank (or proxy for the bank) a payment token for a predefined sum and receives the payment token electronically, such as via smart phone or other portable device. The payment token is transferred to the payee as payment for the invoice. The payee stores the electronic payment token or the data associated therewith and submits the token to the payor bank (or proxy for the bank) to settle the transaction or invoke the settlement process.

Abstract: A system for secure processing payment transactions between merchants and customers, via financial institutions, the system comprising apparatus for generating global transaction identifiers each of which is recognized by the merchants as a transaction ID and by the financial institutions as a fundable entity, and methods useful in conjunction therewith.