Real-time transaction and receipt processing systems

A method for enhanced transaction processing, the method comprising:

• receiving, from a user device associated with a user, user receipt preferences comprising rules that specify whether a user wants a receipt, does not want a receipt, or wants to determine at a point of sale;
• receiving, from a merchant device, a purchase authorization request associated with an attempted purchase comprising a merchant code;
• receiving, from the user device, location data;
• determining, based on the user receipt preferences and the location data, a receipt status;
• responsive to determining that the receipt status indicates that the user wishes to receive a receipt, setting a receipt flag to indicate that the merchant device should provide the user with the receipt;
• responsive to determining that the receipt status indicates that the user does not wish to receive a receipt, setting the receipt flag to indicate that the merchant device should not provide the user with the receipt;
• responsive to determining that the receipt status indicates that the user wishes to determine at the point of sale, setting the receipt flag to indicate the merchant device should attempt to initiate a direct communication session with the user device;
• responsive to determining that the attempted purchase should be authorized, generating an authorization message and transmit, to the merchant device, the authorization message comprising the receipt flag and data indicative that the merchant device is authorized to complete the attempted purchase;
• and
• responsive to determining that the attempted purchase should not be authorized, generating a cancellation message and transmit, to the merchant device, the cancellation message comprising the receipt flag and data indicative that the merchant device should cancel the attempted purchase.

A transaction processing device, the device comprising:

• one or more processors;
• and
• a memory in communication with the one or more processors and storing instructions that, when executed by the one or more processors, cause the device to:
• receive, from a payment device, customer payment information;
• generate a purchase authorization request for a transaction comprising a transaction amount, a financial account number associated with an account of a user, and a merchant code;
• transmit, to an authorization device, the purchase authorization request;
• receive, from the authorization device, an authorization message indicating that the purchase should be authorized and that a near-field communication session between a merchant device and a user device associated with the user should be initiated;
• responsive to receiving the authorization message, transmitting, to the user device, transaction data comprising the transaction amount and the merchant code;
• receive, from the user device, a receipt status indicating that the user wishes to receive an electronic receipt;
• and
• transmit, to the user device via the near-field communication session, the electronic receipt associated with the transaction.