The present disclosure is drawn to, among other things, a method of providing a payment terminal application on an electronic device, the electronic device comprising a volatile storage module, a user input module and a network interface module. In some aspects the method includes receiving user credentials from the user input module, transmitting an authentication request message to a remote data center via the network interface module, the authentication request message including the user credentials, receiving an authentication response message from the remote data center, the authentication response message including an indication as to whether authentication was successful, and if the authentication was successful, receiving at least one encryption key from the remote data center; and storing the at least one encryption key in the volatile storage module.

A server comprises a communications module; a processor coupled with the communications module; and a memory coupled to the processor and storing processor-executable instructions which, when executed by the processor, configure the processor to receive, via the communications module and from a computing device, a signal representing a request to perform an operation from a user; determine that the user does not have a persistent account; and when it is determined that the user does not have a persistent account: obtain, via the communications module and from a digital identity network, a signal including verified identity data of the user; generate a temporary data record and associate the temporary data record with the verified identity data of the user; receive a value transfer based on the requested operation and store the received value in the temporary data record; and perform the operation using the stored value in the temporary data record.

A client device comprises a first secure element and a second secure element. The first secure element comprises a first computer-readable medium having a payment application comprising instructions for causing the client device to initiate a financial transaction. The second secure element comprises a second computer-readable medium having a security key, a payment instrument, stored authentication data and instructions for generating a secure payment information message responsive to the payment application. The secure payment information message comprises the payment instrument and is encrypted in accordance with the security key.

Systems and methods for providing tag-based social interaction are provided. Users generate tags that allows a third party to connect with the user. Personally identifiable information of the user can be obfuscated, thereby allowing a user to send random acts of kindness, payments, gift cards, or other types of communications to other users while remaining anonymous.

A system having a payment-credential logic; a software application; wherein when an authorized person verifies an identity of a mobile customer using a government identification document, the payment-credential logic is then activated, the payment-credential logic is configured to create payment-credential information and to cause the payment-credential information to be stored for future access, wherein the payment-credential logic is configured to provide a way for the software application to be loaded into a mobile customer device, wherein the software application is configured to allow the mobile customer device to access the payment-credential information for one or more future monetary transactions.

A mobile payment system (MPS) is disclosed that enables transactions for MPS users using user devices, and interfaces with third party payment systems with third party user accounts. The MPS includes MPS frontends, third party MPS accounts, and a MPS backend including a MPS backend account, a MPS database and MPS user accounts. Each MPS frontend is located on one user device and is associated with one MPS user. At least one of the third party MPS accounts is on each third party payment system. Each MPS user account is associated with at least one MPS user. A particular MPS frontend performs local processing of MPS functions on its user device and communicates over networks with the MPS backend and with other MPS frontends on other user devices. The MPS backend administers funds in the MPS backend account, the MPS user accounts, and the third party MPS accounts.

A terminal device equipped with an application being an application in which a plurality of settlement cards are registered as a payment method of electronic money, and an application that performs settlement processing of the electronic money, the terminal device includes processing circuitry configured to store a schedule of a user of the terminal device, select any one of the plurality of settlement cards as a payment method of the electronic money in the application in accordance with a day of a week and a time slot, or a plan registered in the schedule, and execute settlement processing of the electronic money in the application using the settlement card selected, as a payment method of the electronic money.

Provided herein are systems and methods for rapid activation of electronic payment devices with a mobile device. The method includes generating, with at least one processor, activation data corresponding to a non-activated electronic payment device issued to a user, storing, on an activation element associated with the electronic payment device, a unique identifier corresponding to the electronic payment device, receiving, with at least one processor, an activation request from a mobile device in response to the user scanning the activation element with the mobile device, the activation request comprising identification data associated with the user and the unique identifier, determining, with at least one processor, that the activation data matches the identification data, and, in response to determining that the activation data matches the identification data, activating the electronic payment device.

The invention relates to a method for performing authenticated bank card payment transaction, comprising registering a user (12) having a communication device (10) suitable for data communication through a communication channel (25) and comprising data storage (14) and data input interface (26). The method comprises the steps of: providing the user (12) with a transaction initiating program (16) executable on the communication device (10), assigning to the user (12): a user pin code (12b) and a unique identifier (18) of the user (12); allowing the user (12) via the program (16) to input transaction data (40), bank card data (22), the user pin code (12b) and the unique identifier (18), allowing the user (12) via the program (16) to generate and transmit through a communication channel (25) a transaction data package (50) comprising the transaction data (40), bank card data (22), the user pin code (12b) and the unique identifier (18), receiving the transmitted data package (40) and opening it, authenticating the user (12) on the basis of the unique identifier (18) and the pin code (12b), and transmitting the transaction data (40) and the bank card data (22) to a transaction performing unit (34).

Systems and methods are provided for use in creating, distributing, and displaying messages. One exemplary method includes receiving, by a computing device, a message request associated with an event and extracting, by the computing device, payment information and message information from the request. The method also includes causing the payment information to be processed. The method further includes creating, by the computing device, a message feed related to the event, when such a message feed does not exist, and adding the message information to the message feed when the message feed exists. Finally, the method includes causing, by the computing device, in response to a message feed request, the message feed to be delivered, whereby the message feed is displayed at an event merchant associated with the event.