A method and system for facilitating payments for items delivered at delivery locations is provided. A server system associated with a payment network receives payment card information provided by a user in relation to an online purchase of an item. The online purchase of the item is associated with selection of a Payment on Delivery option. The server system determines if the online purchase of the item is authorized or not. If the online purchase is authorized, a transaction ID is generated by the online seller. The server system receives the transaction ID from item delivery personnel subsequent to the delivery of the item to the delivery location. In response to the receipt of the transaction ID, a notification is provided to the user. The payment to the online seller is processed subsequent to receiving confirmation of the receipt of the item at the delivery location from the user.

Systems and methods for electronic fobs that communicate via short range communications protocols to conduct transactions with a nearby device are provided. Such electronic fobs may use electronic tokens to conduct electronic transactions, such as payment transactions. Account data may be stored within a secure element of the electronic fob. Electronic tokens may also be stored by the secure element. Using such data and/or tokens, electronic fob may write electronic tokens to be used in electronic transactions. Also, such electronic fobs may also be used to perform other tasks and interface with other devices.

Embodiments provide methods, and server systems for facilitating payment transactions using unique strings. In an embodiment, the method includes receiving, by a server system associated with a payment network, a payment transaction request comprising at least a payment string uniquely associated with the payment card linked with the issuer account and a transaction amount to be paid to the merchant. The method includes verifying a validity of the payment string based on at least one rule set. The method includes retrieving issuer account information associated with the issuer account based on at least a part of the payment string upon successful validation of the payment string. The method includes facilitating the payment transaction based at least on the retrieved issuer account information from the issuer account to the acquirer account.

The present disclosure generally relates to the use of loyalty accounts, private label payment accounts, and general payment accounts using a wearable electronic device with an electronic wallet. Various accounts are linked to the electronic device. In some examples, the electronic device is NFC-enabled. The electronic device may be used to provide loyalty account information and payment account information to a payment terminal, such as an NFC-enabled payment terminal.

Systems and methods are described that allow users to continue utilizing their user accounts and user devices associated with a first authorization entity for transactions conducting with a second authorization entity. A processor server computer may translate a first data set including first account identifier and a first verification value associated with a first authorization entity during authorization processing into a second data set including a second account identifier and a second verification value that can be processed by a second authorization entity. The processor server computer may modify an authorization request message based on the translated data set. The processor server computer may also enable the authorization request message to be routed to an appropriate authorization entity during authorization processing.

There is provided a physical redemption device such as a card and a system for purchasers to buy cryptocurrencies through a digital sale system. Cards are printed and packaged using a printer system to include a (secret) unique redemption code in a tamper resistant/tamper evident manner as well as a viewable unique verification code. The cards are distributed through retailers, similar to gift cards, for redemption via an online store or mobile application. Retailers activate the cards for purchasing. The redemption process is provided by an electronic interface (e.g. software system) that provides access to buy a cryptocurrency, preferably from among many different kinds of cryptocurrencies. Redemption uses the respective redemption code applied to each card. The verification code may be used to verify the authenticity and redeemability of the card prior to or after purchase.

In some embodiments, a first server computer may be provided. The first server computer may comprise a processor and a computer readable medium coupled to the processor. The computer readable medium may include code executable by the processor for implementing a method. The method may include the step of electronically receiving an authorization request message that includes a first device verification value from a merchant for a first transaction, where the first device verification value may have been received by the merchant from a mobile device based on an interaction between the mobile device and an access device. In some embodiments, the mobile device may have received the first verification value based on a first request. The method may further include the step of determining by a data processor if the first device verification value corresponds to a stored device verification value.

An electronic device generates a dynamic security code for a card transaction, e.g. a card not present transaction. The electronic device receives a user request to generate a dynamic security code. The electronic device sends a time request to a time source and receives a message including a time from the time source. The electronic device determines an authenticity of the message containing the time and computes the dynamic security code based on the time received in the message and a key stored at the electronic device. The electronic device causes the dynamic security code to be displayed on a display of the electronic device. The electronic device may be capable of computing a dynamic security code for a plurality of different cards. The electronic device may be a smart phone, a tablet, or a personal computer.

A system and method for a secure remote payments process and for generation of one-time only remote payment cards is presented. Use of the one-time payment (OTP) cards can use multi-factor authentication where one factor is a biometric technique. A process can include generating an OTP card number based on a first encryption algorithm, an expiry date, and a security code based on a second encryption algorithm. A purchase amount, and the OTP card information are decrypted by an issuer to approve payment for a remote payment, after which the OTP card is no longer valid.

Systems, methods, and apparatuses for automatically detecting and authorizing recurring transactions are described. Transaction data comprising transaction details for an incoming charge associated with a merchant may be received. Based on the merchant being included in a blocked merchants list, determining that authorization of incoming charges for preauthorized recurring transactions associated with the merchant are blocked. Based on a machine learning model and the transaction data, a probability that the incoming charge for the merchant is a preauthorized recurring transaction may be determined. The machine learning model may be configured to identify preauthorized recurring transactions based on the transaction data. Furthermore, based on the probability not exceeding a threshold probability, the authorization of the incoming charge may be prevented from being blocked.