Processing of electronic transactions

Abstract

Systems 100 ; devices 110, 120, 130, 150, 160 ; methods 2400, 2500 ; and machine-executable programming structures stored in persistent (i.e., non-transitory), computer-readable media 604, 606, 618, 126, 139 for the rapid and secure negotiation, authorization, execution, and confirmation of multi-party data processes, including payment transactions conducted between purchasers 190 having electronic access to bank accounts and other sources of payment, merchants operating e- and/or m-commerce transaction systems 132, 134, 136 , and banks and other financial institutions 120 capable of electronically communicating with both.

1 . A networked merchant transaction management system comprising:
 at least one network communication system;   at least one data processor; and   at least one persistent memory device, the at least one persistent memory device comprising stored, machine-interpretable instructions adapted to cause the at least one data processor to:
 receive from a purchaser communication device, using the at least one network communication system, a select merchant payment token request data set, the select merchant payment token request data set comprising at least one secure purchaser identifier and a secure select merchant payment token; 
 generate a select merchant token confirmation request, the select merchant token confirmation request comprising data representing at least the secure select merchant payment token; 
 using the same or another network communication system, route the select merchant token confirmation request to a payment authorization management system. 
   
     
     
         2 . The networked merchant transaction management system of  claim 1 , wherein the select merchant token confirmation data set comprises data representing at least one merchant transaction processing request. 
     
     
         3 . The networked merchant transaction management system of  claim 2 , wherein the data representing the at least one merchant transaction processing request comprises data representing a discount to be applied to one or more price terms associated with transaction request data sets generated by one or more designated purchaser communication devices. 
     
     
         4 . The networked merchant transaction management system of  claim 2 , wherein the data representing the at least one merchant transaction processing request comprises data representing a loyalty account points award rule applied with respect to transactions associated with transaction request data sets generated by one or more designated purchaser communication devices. 
     
     
         5 . The networked merchant transaction management system of  claim 4 , wherein the machine-interpretable instructions are adapted to cause the at least one data processor to receive from a purchaser communication device, using the at least one network communication system, a merchant transaction processing request confirmation data set, the merchant transaction processing request confirmation data set comprising data representing confirmation of acceptance by a payment authorization management system of one or more merchant transaction processing requests. 
     
     
         6 . The networked merchant transaction management system of  claim 1 , wherein the select merchant payment token request data set further comprises:
 one or more purchaser-selected merchant identifiers; and   one or more purchaser-selected payment source identifiers.   
     
     
         7 . The networked merchant transaction management system of  claim 6 , wherein the select merchant token confirmation request further comprises:
 one or more merchant-selected purchaser identifiers; and   one or more merchant-selected protocols associated with the one or more purchaser-selected payment source identifiers.   
     
     
         8 . The networked merchant transaction management system of  claim 6 , wherein the secure select merchant payment token is associated with associated with the one or more purchaser-selected merchant identifiers. 
     
     
         9 . The networked merchant transaction management system of  claim 6 , wherein the secure select merchant payment token is associated with the one or more purchaser-selected payment source identifiers. 
     
     
         10 . A purchaser communication device comprising:
 at least one data communication system;   at least one data processor;   one or more of input, output, and input-output devices;   at least one persistent memory device storing machine-interpretable instructions representing a merchant transaction management application and adapted to cause the at least one data processor to control the generation, receipt, and processing of data, routing of data using the at least one data communication system, and access to secure persistent memory in accordance with one or more logical structures associated therewith;   the same or another least one persistent memory device of the purchaser communication device comprising stored, machine-interpretable instructions representing a payment management application and adapted to cause the same or another at least one data processor to control the generation, receipt, and processing of data, routing of data using the same or another at least one data communication system, and access to the same or other secure persistent memory in accordance with one or more logical structures associated therewith;   wherein the at least one processor is configured to:
 in accordance with logical structures associated with the merchant transaction application, receive from at least one input device signals representing a command to designate one or more payment source accounts to be used in funding transactions conducted with at least one select merchant; 
 in accordance with logical structures associated with the payment management application:
 route to at least one payment authorization management system an eligible accounts list request data set, the eligible accounts list request data set comprising data representing at least one secure purchaser identifier; and 
 receive from the at least one payment authorization management system, an eligible accounts list data set, the eligible accounts list data set comprising data representing at least one or more identifiers associated with each of one or more payment source accounts eligible for use in funding purchase transactions; 
 
 receive from at least one input device signals representing a designation of at least one of the one or more payment source accounts eligible for use in funding purchase transactions; 
 route to at the least one payment authorization management system a select merchant payment token request data set, the select merchant payment token request data set comprising data representing at least identifiers associated with the one or more designated payment source accounts to be used to fund transactions conducted with at the least one select merchant; 
 in accordance with logical structures associated with the payment management application, receive from the payment authorization management system, via the same or another data communication system, a select merchant payment token; and 
 in accordance with logical structures associated with the merchant transaction application, route the select merchant payment token to at least one merchant transaction management system associated with the merchant transaction application, using the same or another data communication system. 
   
     
     
         11 . The purchaser communication device of  claim 10 , the machine-interpretable instructions adapted to further cause the at least one data processor, in accordance with logical structures associated with at least one of the merchant transaction application and the payment management application, to:
 receive from the merchant transaction management system, using the at least one data communications system, data representing one or more goods or services to be purchased, and corresponding price terms;   generate a transaction request data set, the transaction request data set comprising data representing at least the select merchant payment token and a transaction price associated with the corresponding price terms; and   using the same or another data communication system, route the transaction request data set to at least one of the merchant transaction management system and the payment authorization management system.