Abstract: Disclosed herein are systems and methods for validating transactions between a remote merchant system and an end-user terminal. In general, transaction information is received at a service provider regarding a transaction between the merchant system and an end user terminal, that includes transaction instructions on what actions need to be performed by the end user terminal in order for the merchant system to complete the transaction. The service provider generates a token ID that does not include a transaction identification nor a merchant system identification, but is linked to stored transaction instructions. The token ID is received from a remote point-of-sale (POS) terminal with presentment information that is validated against the transaction instructions to complete the transaction.

Abstract: Disclosed herein are systems and method for facilitating transactions between a merchant-partner and a customer. In general, the systems and methods include: (a) staging a transaction between the merchant-partner and the customer; (b) tokenizing the transaction by linking one or more transaction instructions to a token ID; (c) providing the customer with the token ID, wherein the customer can then present the token ID and a payment to a point-of-sale terminal; (d) receiving confirmation that the customer has presented, to a point-of-sale terminal, the token ID and a payment in accordance with the one or more transaction instructions; (e) notifying the merchant-partner that the customer provided the payment to the point-of-sale terminal; and (f) settling the transaction between the point-of-sale terminal and the merchant-partner.

Abstract: Disclosed herein are systems and method for facilitating transactions between a merchant-partner and a customer. In general, the systems and methods include: (a) staging a transaction between the merchant-partner and the customer; (b) tokenizing the transaction by linking one or more transaction instructions to a token ID; (c) providing the customer with the token ID, wherein the customer can then present the token ID and a payment to a point-of-sale terminal; (d) receiving confirmation that the customer has presented, to a point-of-sale terminal, the token ID and a payment in accordance with the one or more transaction instructions; (e) notifying the merchant-partner that the customer provided the payment to the point-of-sale terminal; and (f) settling the transaction between the point-of-sale terminal and the merchant-partner.

Abstract: A reverse payment transaction system and method in which the consumer, rather than disclosing his financial details, acquires a unique reference code associated with a bill registered by the merchant in a payment processor database. The consumer then acquits the payment through a trusted channel of choice. The method comprising the steps of providing a payment identifier associated with the purchase to the consumer, receiving at a point-of-sale the payment identifier from the consumer, providing the payment identifier from the point-of-sale to a payment processor, receiving the invoice at the point-of-sale from the payment processor, receiving payment from the consumer at the point-of sale, indicating to the payment processor that payment of the invoice was made, generating on the payment processor a receipt and providing the receipt to the point-of-sale.