Abstract: Embodiments provide methods and systems for assigning privacy labels to payment transactions. The method performed by a system includes receiving user input for masking a subset of data fields of a plurality of data fields in transaction data of the payment transaction performed within a pre-defined time period of occurrence of the payment transaction. The method includes assigning a mask label to the subset of data fields in the transaction data. Upon receiving a transaction insight request for the payment transaction from a third party server, the method includes determining whether the mask label is assigned to the subset of data fields. The method includes generating masked transaction data for the payment transaction based, at least in part, on masking the subset of data fields associated with the payment transaction in the transaction data. The method includes facilitating the transfer of the masked transaction data to the third party server.

Abstract: Embodiments provide methods and systems for verifying plurality of user attributes corresponding to a purchase of a user, including restricted products. Methods include receiving a payment request for purchasing a plurality of products, determining plurality of attributes to be verified for the payment request by applying regulatory rules on a products related information associated with the plurality of products, transmitting a payment link, to the merchant terminal including at least one user-specific attribute to be verified from the user.

Abstract: Embodiments provide methods and systems for verifying plurality of user attributes corresponding to a purchase of a user, including restricted products. Methods include receiving a payment request for purchasing a plurality of products, determining plurality of attributes to be verified for the payment request by applying regulatory rules on a products related information associated with the plurality of products, transmitting a payment link, to the merchant terminal including at least one user-specific attribute to be verified from the user.