Visa Buy Later Pay Later

The present disclosure relates to an automated, secure and reliable payment platform that allows recurrent transactions. Particularly, the present disclosure relates to system and method for supporting recurring payments for retail and commercial purchases in a four party arrangement. The method comprises: initiating (S310) a Visa Schedule Program (VSP) for transactions based on the user’s schedule(s); providing (S320) the user 110 an ability to create, program, and cancel the schedule(s); and generating (S330) an intuitive program schedule 280, due to which the card is not stored as card on file at merchant location, preventing fraud

A GREEN TRANSACTION TAGGING AND A METHOD OF ASSIGNING GREEN SCORE FOR CARDS

The present disclosure relates to a method and a system for developing a green merchant scorecard and calculating a green score for cards based on expenditure data. The present disclosure uses server data, uniquely combined with external emissions data, to quantify how green businesses are eventually consumed by the consumers. Thereafter the emission data may be used for underwriting and cross-selling of green bonds/green loans by targeting the right consumers. The present disclosure provides a solution for identifying green brands and is used directly to compute carbon reduction in a purchase