Abstract: Embodiments provide methods, and server systems for processing a declined transaction. A method includes receiving, by a server system associated with a payment network, a declined transaction notification signal about an identification of an authentication credential of a payment card provided by a user for initiating a transaction in a transaction capturing device as incorrect. The method includes verifying if the user has opted for a dual authentication service facilitating re-authentication of the declined transaction via an application. If yes, the method includes sending a user approval notification signal to a user device via the application. The method includes receiving, the user approval of providing the incorrect authentication credential. The method includes electronically facilitating re-authentication of the transaction via the application by requesting the user to provide a re-authentication credential.

Abstract: The present application provides systems, methods and computer readable media for creating and processing a digital voucher. The methods comprises a method for utilising a funding account of a first user to create a digital voucher having a value for a second user, the digital voucher being usable by the second user for remitting one or more transactions across participating parties that communicate with a payment network, the method comprising: generating, at a server for creating the digital voucher, a unique code of the digital voucher upon verification of a sufficient balance in the funding account, the unique code identifying an issuer party of the funding account and a payment network provider of the payment network, wherein the unique code is associated with a unique identifier of the second user.