CPC G06Q 20/108 (2013.01) [G06Q 20/1085 (2013.01); G06Q 20/20 (2013.01); G06Q 20/36 (2013.01); G06Q 20/40 (2013.01); G06Q 40/02 (2013.01)] | 20 Claims |
1. A system for executing a point-of-sale deposit, the system comprising:
one or more memory devices storing software instructions; and
one or more processors configured to execute the software instructions to perform operations comprising:
receiving, from a client device at a server, an initiation request to initiate a point-of-sale deposit transaction, wherein the initiation request includes information identifying a customer account;
generating, at the server, a transaction token associated with the initiation request, wherein the transaction token is encoded with deposit information;
transmitting, from the server to the client device, the transaction token;
receiving, from a merchant device at the server, an authorization request that includes information associated with the transaction token;
authorizing, at the server, completion of the point-of-sale deposit based on an analysis of the authorization request, wherein the analysis includes determining that the information associated with the transaction token matches the encoded deposit information; and
transmitting, from the server, an indication of deposit of funds associated with the point-of-sale deposit transaction to the customer account.
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