System for creating and processing coded payment methods

A computer-implemented method for creating and processing readable indicia for payment codes, the method comprising:

• receiving, through a distributive network having a processor device from a merchant device of a merchant, the readable indicia comprising information to complete a transaction between a user and the merchant, and information including an identity of a vendor among a plurality of vendors that created the readable indicia wherein the vendor is capable of authorizing the transaction via the merchant device scanning of the readable indicia, and wherein the merchant device is incapable of reading the received readable indicia from the vendor, wherein the merchant device received the readable indicia from a user via a mobile device of the user;
• identifying the vendor capable of authorizing the transaction, from among the plurality of vendors, by identifying data feeds processed by the processing device from the distributive network based on the received readable indicia;
• in response to identifying the vendor, creating, by the processing device, a universal readable indicia for the transaction between the user and the merchant, wherein the merchant device is capable of scanning the universal readable indicia and the vendor is capable of authorizing the transaction using the universal readable indicia;
• providing the user, via the mobile device associated with the user, the universal readable indicia to complete the transaction between the user and the merchant, wherein the merchant device scans the universal readable indicia from the mobile device;
• in response to the merchant device scanning the universal readable indicia, creating a communicable link that allows for relaying and converting communications into compatible communications for and between the vendor and the merchant, thereby allowing incompatible systems associated with the vendor and the merchant to communicate via the distributive network to complete the transaction that could not be otherwise completed based on incompatibility between a system associated with the merchant and a system associated with the vendor;
• and
• finalizing the transaction between the user and the merchant by allowing the system associated with the vendor to authorize the transaction via the communicable link.