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.

Abstract: Systems and methods for using a third party subsidy account are disclosed. A method may include (1) using a computer processor, enrolling a subsidy recipient in a subsidy program; (2) using the computer processor, funding a subsidy account for the subsidy recipient with subsidy funds having a first subsidy expiration; (3) using the computer processor, de-funding the subsidy account at the subsidy expiration; and (4) using the computer processor, funding the subsidy account with subsidy funds having a second subsidy expiration. The method may further include (5) using the computer processor, monitoring a use of the subsidy funds; and (6) using the computer processor, providing a notification regarding the subsidy funds to the subsidy recipient. The notification may include a balance of the subsidy funds, an expiration for the subsidy funds, etc. The notification may be a text-based notification, a graphical notification, an audible notification, etc.