SYSTEMS AND METHODS FOR SECURELY PROCESSING TRANSACTIONS

1 . A method comprising:

performing, by a computer-based system for securely processing a transaction, a three factor authentication;

communicating, by the computer-based system and to a web client, a token in response to a transaction request and the three factor authentication;

comparing, by the computer-based system, the token to a received token; and

authorizing, by the computer-based system, the transaction request based upon the comparing.

2 . The method of claim 1 , wherein the three factor authentication comprises:

authenticating, by the computer-based system, the web client to a transaction account associated with an individual;

authenticating, by the computer-based system, the web client to a payment network associated with the transaction account; and

authenticating, by the computer-based system, the individual to the transaction account based upon a biometric sample.

3 . The method of claim 1 , further comprising receiving, by the computer-based system, the received token from a merchant.

4 . The method of claim 1 , further comprising communicating, by the computer-based system, the token in combination with at least one of: a timestamp indicating a time at which the token was generated and a timestamp indicating a time at which the token expires.

5 . The method of claim 1 , further comprising declining, by the computer-based system, the transaction request based upon a timestamp associated with the token.

6 . The method of claim 1 , further comprising generating, by the computer-based system, the token in response to the three factor authentication and the transaction request.

7 . The method of claim 1 , wherein the token comprises at least one of: an alias transaction account number, a unique number, a non-unique number, a QR code, a bar code, and a random number.

8 . A system comprising:

a processor for securely processing a transaction;

a tangible, non-transitory memory communicating with the processor;

the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:

performing, by the processor, a three factor authentication;

communicating, by the processor and to a web client, a token in response to a transaction request and the three factor authentication;

comparing, by the processor, the token to a received token; and

authorizing, by the processor, the transaction request based upon the comparing.

9 . The system of claim 8 , wherein the three factor authentication comprises:

authenticating, by the processor, the web client to a transaction account associated with an individual;

authenticating, by the processor, the web client to a payment network associated with the transaction account; and

authenticating, by the processor, the individual to the transaction account based upon a biometric sample.

10 . The system of claim 8 , further comprising receiving, by the processor, the received token from a merchant.

11 . The system of claim 8 , further comprising communicating, by the processor, the token in combination with at least one of: a timestamp indicating a time at which the token was generated and a timestamp indicating a time at which the token expires.

12 . The system of claim 8 , further comprising declining, by the processor, the transaction request based upon a timestamp associated with the token.

13 . The system of claim 8 , further comprising generating, by the processor, the token in response to the three factor authentication and the transaction request.

14 . The system of claim 8 , wherein the token comprises at least one of: an alias transaction account number, a unique number, a non-unique number, a QR code, a bar code, and a random number.

15 . An article of manufacture including a non-transitory, tangible computer readable medium having instructions stored thereon that, in response to execution by a computer-based system for securely processing a transaction, cause the computer-based system to perform operations comprising:

performing, by the computer-based system, a three factor authentication;

communicating, by the computer-based system and to a web client, a token in response to a transaction request and the three factor authentication;

comparing, by the computer-based system, the token to a received token; and

authorizing, by the computer-based system, the transaction request based upon the comparing.

16 . The article of claim 15 , wherein the three factor authentication comprises:

authenticating, by the computer-based system, the web client to a transaction account associated with an individual;

authenticating, by the computer-based system, the web client to a payment network associated with the transaction account; and

authenticating, by the computer-based system, the individual to the transaction account based upon a biometric sample.

17 . The article of claim 15 , further comprising receiving, by the computer-based system, the received token from a merchant.

18 . The article of claim 15 , further comprising communicating, by the computer-based system, the token in combination with at least one of: a timestamp indicating a time at which the token was generated and a timestamp indicating a time at which the token expires.

19 . The article of claim 15 , further comprising declining, by the computer-based system, the transaction request based upon a timestamp associated with the token.

20 . The article of claim 15 , wherein the token comprises at least one of: an alias transaction account number, a unique number, a non-unique number, a QR code, a bar code, and a random number.