| CPC H04L 9/3226 (2013.01) [G06Q 20/027 (2013.01); G06Q 20/108 (2013.01); G06Q 20/202 (2013.01); G06Q 20/206 (2013.01); G06Q 20/3823 (2013.01); G06Q 20/3829 (2013.01); G06Q 20/385 (2013.01); G06Q 20/4012 (2013.01); H04L 9/0819 (2013.01); H04L 9/0869 (2013.01); H04L 9/30 (2013.01); H04L 63/0471 (2013.01); H04L 2209/56 (2013.01)] | 18 Claims |

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1. A computer-implemented method, comprising:
generating, with at least one point-of-sale (POS) terminal, a random number (r) for a transaction message (m) associated with a transaction, wherein the transaction message (m) contains sensitive data, and wherein the sensitive data comprises an identification number associated with a user;
generating, with the at least one POS terminal, a first ciphertext associated with the transaction, the first ciphertext comprising:
(i) a first ciphertext value associated with the transaction message (m), the first ciphertext value encrypted based on the random number (r), a generator value (g), and the transaction message (m); and
ii) a second ciphertext value associated with the random number (r), the second ciphertext value encrypted based on the random number (r) and a terminal public key;
communicating, with the POS terminal, the first ciphertext to at least one payment gateway;
re-encrypting, with the at least one payment gateway, the second ciphertext value based on a terminal random key to transform the second ciphertext value to a re-encrypted second ciphertext value based on a second value (ga), a merchant product (M), and the random number (r);
communicating, with the at least one payment gateway, the re-encrypted second ciphertext value and the first ciphertext value to at least one respective merchant bank of a plurality of merchant banks;
re-encrypting, with the at least one respective merchant bank of the plurality of merchant banks, the re-encrypted second ciphertext value to transform the re-encrypted second ciphertext value to a second re-encrypted second ciphertext value;
communicating, with the at least one respective merchant bank, the second re-encrypted second ciphertext value and the first ciphertext value to a payment network;
decrypting, with the payment network, the first ciphertext value to form the transaction message (m) based on the second re-encrypted second ciphertext value, the merchant product (M), a random merchant number (mi), and the first ciphertext value;
communicating, with the payment network, the transaction message (m) associated with the transaction to a consumer bank;
verifying, with the consumer bank, the identification number associated with the user; and
in response to verifying the identification number, authorizing, with the consumer bank, the transaction.
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