The present disclosure relates to systems and methods for facilitating remote and secure pre-initiated financial transactions either to self or to a third party. The invention enables fund transfer, payments and fund withdrawal with or without using a card. Transactions can be performed from a pre-stored or a newly ...

The present disclosure relates to facilitating financial transactions to an acquiring merchant in a manner such that, instead of the customer buying the service/product in context, one or more issuing merchants settle the payment amount (that the customer is due to pay) to the acquiring merchant on behalf of the cus...

The present invention provides a system for processing transactions over a programmable communication device, comprising: a user interface module for initiating a transaction corresponding to at least one of a plurality of bearers; a client application module for receiving a transaction intercept request, pre-pro...

The present invention discloses a system and a method for authenticating a transaction conducted via a mobile device and securely encoding either one or more of transaction components including but not limited to recipient"s account number, amount and personal identification number (PIN) by using at least a personal...

The present disclosure relates to executing secure financial transactions over user interfaces that may not be trusted interfaces for the issuer of electronic funds (bank) to the customer.

The present invention provides a method and system to enable electronic transactions in offline mode. Further, the invention provides a method of securing the offline transaction by tokeNotes, which are transferred in an encrypted form in appropriate denomination and stored in a user"s device such as a smart phone i...

A method of withdrawing funds from the social wallet comprising of following steps creating categories by Linking Social Networking Sites; allocating funds by the members of the categories to be debited and credited; raising a query on all the groups and social platforms for fund sourcing; notifying the initiator...

The present invention relates to a system and method of secure online payment using a Trusted Personal Device, particularly a smart phone or a tablet. More particularly, the present invention relates to a system and method of simplified transactions over electronic platform involving more than one party like selle...

The invention provides a solution for wired line telephones or mobile phone or internet protocol telephony based transactions. The invention also provides a method and system for initiating a target service and debiting a user" s electronic payment account as payment towards the target service, using missed cal...

A system and method for performing financial transactions by a customer using mobile phones. The financial transactions include crediting an account, debiting an account, checking account balance and transferring a cash amount from one account to another. The method includes initiating a financial transaction using ...

The invention provides floating guide and help buttons installed independent of the existing mobile banking applications/ websites or electronic wallets or sources of funds, that helps and prompts the customer to make appropriate navigations at each step for executing the fund transfer to a designated third-party...

The present invention relates to a system based transaction to convert physical money to electronic money and vice versa. More particularly, the invention pertains to a method and system for converting electronic cash to physical cash or equivalent, or vice versa via person to person electronic funds transfer betwee...

The present invention describes a method for authenticating a user of a mobile device by a verification authority by making use of at least a personal identification number (PIN) and at least one cryptographic key such that the PlN and the cryptographic key is known only to the user and the verification authority. T...