Abstract: Systems and methods for facilitating payment service-based guest checkout with a merchant are disclosed. According to one embodiment, a method for facilitating payment service-based guest checkout with a merchant may include: (1) receiving, from a merchant's application or website, a redirect of an online interaction between the merchant and a customer; (2) retrieving, from an issuer payment service, wallet information comprising a plurality of payment options for the customer; (3) receiving a selection of one of the payment options; (4) communicating the selection of the payment option to the payment service for the issuer. The issuer payment service provides a session identifier to the merchant application website, the merchant application or website provides transaction information and the session identifier to a merchant payment host, the merchant payment host retrieves the selected payment option from the issuer payment service and conducts the transaction using the selected payment option.

Abstract: System and methods for supporting legacy and tokenized transactions are disclosed. According to one embodiment, in an information processing device comprising at least one computer processor, a method for selecting an electronic payment credential to communicate to a merchant, may include (1) an electronic wallet backend receiving a plurality of payment credentials associated with a payment account; (2) the electronic wallet backend receiving a credential capability for a merchant; (3) the electronic wallet backend selecting one of the payment credentials for a transaction with the merchant based on the credential capability; and (4) the electronic wallet backend communicating the selected payment credential to a point of transaction device for the merchant.

Abstract: An embodiment of the present invention is directed to systems and methods for securing contactless cards from unauthorized payments, including card cloning attacks. An embodiment of the present invention provides a password at the time of usage of the card to decrypt the data contained in the card at the time when the user is initiating a transaction. In this exemplary illustration, card data may be encrypted at rest, and decrypted at the time of use. Other variations may include a switchable antenna that is disabled at rest and enabled during a transaction.

Abstract: Systems and methods for managing token-based transactions are disclosed. According to one embodiment, a method for managing token-based transactions may include (1) a token manager server comprising at least one computer processor receiving, from a customer, a request to provide a payment token to a merchant; (2) the token manager server receiving, from the customer, an identification of a first financial instrument and a second financial instrument to associate with the payment token; (3) the token manager server receiving, from the customer, an allocation of a transaction between the first financial instrument and the second financial instrument; (4) the token manager server generating the payment token and associating the payment token with the first financial instrument and the second financial instrument; and (5) the token manager server providing the payment token to the merchant.

Abstract: A method for accepting cash deposits or billpays at merchant point of transaction devices may include: (1) receiving, from a customer mobile device, a mobile deposit request comprising a deposit account identifier for a deposit or a mobile billpay request including a payee identifier and a billpay amount; (2) generating a code for the mobile deposit request or the mobile billpay request; (3) communicating the code to the customer mobile device; (4) receiving, from a merchant point of transaction device, a deposit request or a billpay request comprising the code and a received amount; (5) identifying, from the code, the deposit account identifier or the billpay payee identifier and billpay amount; and (6) depositing the received deposit amount to a deposit account associated with the deposit account identifier or executing a billpay to payee associated with the payee identifier for the billpay amount.

Abstract: Systems and methods for identifying and processing person-to-person payments are disclosed. In one embodiment, in an information processing apparatus comprising at least one computer processor, a method for processing a transaction may include: (1) receiving, from a third-party payment platform and via a card association and an acquirer, a transaction request comprising a person-to-person payment indicator in a pass-through field in the transaction request; (2) updating a token transaction characteristic value to contain a person-to-person payment flag; and (3) applying a business rule to the transaction request based on the person-to-person payment flag.

Abstract: A system and method of storing purchase card information to enable a consumer to make purchases without carrying a separate purchase card for a plurality of accounts at disparate financial institutions. The system and method may additionally provide a consumer with vendor product and service offerings in a format common across multiple vendors. The system and method may also provide the consumer with a way to pay for products and services using purchase card information stored by an exemplary embodiment.

Abstract: Systems and methods for online billpay using credit products are disclosed. In one embodiment, in an information processing apparatus comprising at least one computer processor, a method for online billpay using a credit product may include: (1) receiving, from a customer, an identification of a merchant for online credit-based bill pay; (2) retrieving accepted payment mechanisms from the merchant; (3) selecting a payment mechanism from the accepted payment mechanisms; (4) receiving an invoice for a customer transaction with the merchant from the merchant; (5) conducting a payment transaction with the selected payment mechanism; and (6) charging the payment transaction to a credit account associated with the customer.

Abstract: Systems and methods for issuer-specified domain control on a payment instrument are disclosed. In one embodiment, in an information processing apparatus comprising at least one computer processor, a method for issuer-specified domain controls on a payment instrument may include: (1) receiving, from an issuer of a financial instrument, an identification of a domain control or restriction on a payment token for the financial instrument, the domain control or restriction to be applied by the issuer; (2) requesting generation of the payment token with a pass-through indicator from a token service provider; (3) receiving, from the token service provider, the payment token; and (4) storing an association of the domain control or restriction and the payment token.

Abstract: System and methods for supporting legacy and tokenized transactions are disclosed. According to one embodiment, in an information processing device comprising at least one computer processor, a method for selecting an electronic payment credential to communicate to a merchant, may include (1) an electronic wallet backend receiving a plurality of payment credentials associated with a payment account; (2) the electronic wallet backend receiving a credential capability for a merchant; (3) the electronic wallet backend selecting one of the payment credentials for a transaction with the merchant based on the credential capability; and (4) the electronic wallet backend communicating the selected payment credential to a point of transaction device for the merchant.