Abstract: A system and method for creating and accessing a bifurcated digital wallet is described. The method comprises of processor implemented steps of authenticating by an authentication server one or more authentication information sent by a user terminal to the authentication server; extracting a first set of information by the authentication server based on the authentication of the authentication information; extracting a second set of information by one or more second servers based on the authentication of the authentication information; collating the first set of information and second set of information and displaying the collated information at the user terminal for processing a transaction.

Abstract: A system and method for creating and accessing a bifurcated digital wallet is described. The method comprises of processor implemented steps of authenticating by an authentication server one or more authentication information sent by a user terminal to the authentication server; extracting a first set of information by the authentication server based on the authentication of the authentication information; extracting a second set of information by one or more second servers based on the authentication of the authentication information; collating the first set of information and second set of information and displaying the collated information at the user terminal for processing a transaction.

Abstract: A method implementable on a transaction server for facilitating a web-based purchase without a user visiting one or more merchant websites or without one or more merchants requiring to change anything on their websites is disclosed. The method includes receiving a request from a user via a marketplace server to make a purchase for at least one item at the one or more merchants. At least a portion of user data associated with the user is transmitted to the one or more merchants for a checkout processing of the request. One or more status messages pertaining to the checkout processing of the request are displayed to the user along with one or more review order messages for confirmation. Lastly, method includes applying the web-based purchase for the at least one item at the one or more merchants based on the confirmation to proceed with the purchase.