SYSTEMS, METHODS AND APPARATUSES FOR SECURE DIGITAL TRANSACTIONS

摘要

A method for authorizing recurring transaction according to one embodiment includes receiving a defined payment amount associated with a user or entity. Additionally, the method includes receiving a first code associated with a first predetermined currency value, where the first code is also associated with the user or entity. Furthermore, the method includes verifying an availability of funds to pay the defined payment amount and authorizing payment of the defined payment amount if funds are available to pay the defined payment amount. Further still, the method includes generating a new code associated with a new predetermined currency value, and sending the new code to a sender of the defined payment amount.

主权项

1. A method for generating a code for secure digital transactions, the method comprising:
generating a first code using a processor, the first code comprising a first number of characters; combining, by the processor, a security code comprising a second number of characters with the first code to create a composite code, the composite code comprising a third number of characters, wherein the security code is embedded within the characters of the first code such that the composite code comprises at least one character of the first code at least at one end and to mask the security code in transit; associating, by the processor, the composite code with a digital transaction of a user; replacing, by the processor, at least one character associated with the first code in the composite code with at least one notation character to define a modified composite code, wherein the at least one notation character specifies a type of transaction of the user associated with the composite code; and storing the modified composite code comprising the at least one notation character on a non-transitory computer readable storage medium.