LIVE MERCHANT ENVIRONMENT

The present disclosure provides a system and a method for operating a live merchant platform. The disclosure proposes using a live merchant platform, associated with a merchant and an acquirer, to test a range of payment experiences across issuers. The live merchant platform is utilized for authenticating cardholder details and authorizing payment details. The live merchant platform sends an authentication request message to an issuer via a payment network. Thereafter, the request message is forwarded to the core processing environment from a security protocol environment via a gateway environment. Further, the live merchant platform receives authenticated response from an issuer environment via the payment network

Dynamic Card Art Service

The present disclosure provides a system and a method for implementing a dynamic card art service. The disclosure proposes using a dynamic card art platform, associated with a digital transaction service, to provide contextualized dynamic card art that is interactable. The card art provides a context related to a digital transaction. The platform receives transaction information from the client and parses the request to determine required data items. Cardholders may interact with the card art to make real-time payment preferences and/or decisions. The platform uses a data acquirer to connect with data sources to acquire the data items. Furthermore, the data items are evaluated to generate dynamic card art using a text-to-image generator. Thereafter, the generated card art is transmitted to the client in order to display, to a user, contextualized dynamic card art that can be interacted with, in real-time to customize digital payments

SYSTEM AND METHOD FOR DELIVERYING MULTI-CURRENCY FEATURES ONTO AN EXISTING CARD

The present disclosure provides a system and a method to delivery multi-currency features on an existing card without re-issuing another card for multi-currency. The proposed system uses virtual multi-currency ledgers to implement multi-currency payments on the existing card. The system provides multi-currency features to clients of issuer and cardholders. The multi-currency features may be accessed with issuer mobile banking app through a travel mode layer. The system is transparent to merchants/acquirer. Also, the system minimises issuer and issuer processor development