Abstract: Transactions between account-based endpoints are performed in a two-step process that first qualifies the recipient's validity and then performs the actionable transfer. The qualification step, unlike a payment pre-qualification, validates the recipient account validity while collecting information required for filling out a transaction data set. The information may include anti-money laundering and know-your-customer information as well as specific account details needed for on-boarding. A recipient payouts service provider may be assigned a tokenized bank identification number for use in routing the transfer through existing financial processing networks. Data constructs, minimum required information, and format checks may be facilitated by initiator-side and recipient-side application program interfaces.

Abstract: Transactions between account-based endpoints are performed in a two-step process that first qualifies the recipient's validity and then performs the actionable transfer. The qualification step, unlike a payment pre-qualification, validates the recipient account validity while collecting information required for filling out a transaction data set. The information may include anti-money laundering and know-your-customer information as well as specific account details needed for on-boarding. A recipient payouts service provider may be assigned a tokenized bank identification number for use in routing the transfer through existing financial processing networks. Data constructs, minimum required information, and format checks may be facilitated by initiator-side and recipient-side application program interfaces.

Abstract: The invention is directed to a product design platform. The product design platform can comprise a system that includes a configurator portal engine, an qualification and fulfillment engine, a segmentation engine, and a features repository including offers and benefits information. The configurator portal engine can enable a configurator portal that is in communication with the qualification and fulfillment engine, the segmentation engine, and the features repository. The product design platform can enable a configuring entity to effectively design a product, analyze the design against a specific segment of users, as well as initiate production of the product.