Abstract: Provided is a method for generating a token. The method may include receiving a token creation request from a first user device of a first user, wherein the token creation request comprises first payment token data associated with a first payment token provisioned to the first user device and monetary amount data associated with a monetary amount; communicating an approval request based on the token creation request to an issuer system; receiving an approval response based on the approval request from the issuer system; generating a second payment token based on the approval response; and communicating second payment token data associated with the second payment token to a second user device of a second user. A system and computer program product are also disclosed.

Abstract: Provided is a system for processing at least one merchant redemption voucher associated with a customer, including a transaction processing server having a processor programmed or configured to activate at least one merchant redemption voucher for use by the customer at a merchant based at least partially upon an activation request received from the customer, receive, from a merchant point-of-sale system, a transaction request associated with a transaction between the customer and the merchant and comprising a merchant identifier, a transaction amount, and an account identifier, identify the at least one merchant redemption voucher based at least partially on the account identifier, determine if the at least one merchant redemption voucher can be processed based at least partially on the at least one merchant redemption rule, and determine a modified transaction amount based at least partially on the transaction amount and the at least one merchant redemption rule.