Systems and methods for peer-to-peer rewards and gift card transfer via messaging

A sender mobile device associated with a sender, the sender mobile device comprising:

• a network interface circuit;
• and
• a processing circuit coupled to the network interface circuit, the processing circuit comprising a processor coupled to a non-transitory memory storing instructions that, when executed by the processor, cause the processing circuit to perform operations comprising:
• launch a messaging application to enable a communication between the sender and a recipient;
• receive a request from within the messaging application to initiate a transaction with the recipient, the request provided in response to a first interaction at a first user interface, the request indicating a selection of a first value of points, the first user interface provided by a provider institution client application invoked by and displayed within the messaging application as an overlay;
• obtain biometric information for a first biometric verification process that determines that the sender initiated the transaction with the recipient;
• receive a prompt that is displayed within the messaging application from the provider institution client application, the prompt including a plurality of icons associated with the transaction, the prompt comprising an interactive element that enables scrolling between the plurality of icons;
• receive, via the provider institution client application, a selection of an icon of the plurality of icons by the sender from within the messaging application, the selection corresponding to one of a first transaction option or a second transaction option;
• send, via the provider institution client application, a first communication to a recipient messaging application that is viewable by the recipient via a recipient device, the first communication comprising a first option corresponding to the selection of the icon by the sender and a second option providing an option to convert the first value of points to monetary amount in lieu of the first option;
• and
• receive and display, via the provider institution client application, a confirmation that the transaction is complete responsive to a second biometric process of the recipient initiated at the recipient device being satisfied.

A method of sending a first gift from a first messaging application via a first provider institution client application executing on a sender device to a second messaging application associated with a recipient device, comprising:

• authenticating, by a processing circuit using a first biometric verification process, an identity of a sender associated with the sender device based on information provided by the sender device associated with the sender responsive to a request to provide a gift to a recipient that is received via the first provider institution client application of the sender device, the request provided in response to a first interaction at a first user interface, the first interaction indicating a selection of a first value of points, the first user interface provided by a provider institution client application stored at the sender device and invoked by and displayed within the first messaging application as an overlay;
• determining, by the processing circuit, based on a message received from a second provider institution client application of the recipient device invoked by the second messaging application, that the first gift is undesirable;
• providing, by the processing circuit and for display in a second user interface of the second provider institution client application, an alternative gift option comprising a first alternative gift, a second alternative gift, an option to convert the first value of points to a monetary amount in lieu of the first alternative gift and the second alternative gift, wherein the first alternative gift and the second alternative gift are different than the first gift, the second user interface comprising an interactive element that enables scrolling between the first alternative gift, the second alternative gift, and the option to convert the first value of points to the monetary amount;
• converting, by the processing circuit, the first value of points to a first alternative value of the first alternative gift and a second alternative value of the second alternative gift, wherein the first value of points, the first alternative value, and the second alternative value correspond to a value of points in an account held by the sender;
• receiving, by the processing circuit, a second gift selection from the second provider institution client application, the second gift selection comprising one of the first alternative gift or the second alternative gift;
• based on a respective interaction with the option to convert the first value of points to the monetary amount, receiving, by the processing circuit, information related to the second gift selection, wherein the information related to the second gift selection comprises a request for the monetary amount in lieu of the first alternative gift and the second alternative gift;
• and
• authenticating, by the processing circuit using a second biometric verification process, that the recipient device is associated with the recipient to permit acceptance of the second gift selection.