Method and system for token-based communication between extraneous applications and an electronic wallet

A terminal, comprising a processor and a non-transitory computer-readable medium having processor-executable instructions stored thereon, wherein the processor is configured to execute the processor-executable instructions to carry out a method comprising:

• selecting, via one or more third party apps of the terminal, one or more items relating to a transaction;
• sending, by the one or more third party apps of the terminal, information regarding the one or more selected items to a core wallet of the terminal;
• displaying, by the core wallet of the terminal, the information regarding the one or more selected items on the terminal;
• receiving, by the terminal, user input corresponding to one or more of the one or more selected items for the transaction;
• retrieving, by the core wallet, for each respective item corresponding to the received user input, a token associated with the respective item from a respective third party app corresponding to the respective item;
• storing, by the core wallet, each retrieved token in a wallet applet of a secure element of the terminal;
• and
• outputting, by the wallet applet, each stored token via a wireless radio communication component of the terminal as part of the transaction.