Virtualization and secure processing of data

A network communication device comprising:

• at least one network communication system;
• at least one data processor;
• and
• at least one persistent memory device, the at least one persistent memory device comprising stored data representing at least:
• at least one secure identification token, the at least one secure identification token comprising data associated with the network communication device, a user of the network communication device, and an account identifier associated with the user of the network communication device;
• at least one secure payment token, the at least one secure payment token comprising data representing at least a pre-authorized transaction amount and a payment service provider identifier associated with the pre-authorized transaction amount;
• at least one authorization data set comprising data representing data known only to the payment service provider and the network communication device, said at least one authorization data set corresponding to a copy stored at a tokenization engine associated with the payment service provider;
• and
• one or more sets of machine-interpretable instructions;
• the at least one data processor adapted, by execution of the one or more sets of stored, machine-interpretable instructions, to:
• receive transaction information from a vendor point-of-sale (POS) device, the transaction information including a purchase amount;
• access the at least one authorization data set;
• configure the at least one secure identification token to comprise data from the at least one authorization data set;
• send the configured identification token and the at least one secure payment token to the vendor POS device;
• and
• receive confirmation that the transaction is complete.

A computer-implemented method performed by a processor of a network communication device executing machine-interpretable instructions, the method comprising:

• accessing, in at least one persistent memory of the network communication device, stored data representing at least:
• at least one secure identification token, the at least one secure identification token comprising data associated with the network communication device, a user of the network communication device, and an account identifier associated with the user of the network communication device;
• at least one secure payment token, the at least one secure payment token comprising data representing at least a pre-authorized transaction amount and a payment service provider identifier associated with the pre-authorized transaction amount;
• at least one authorization data set comprising data representing data known only to the payment service provider and the network communication device, said at least one authorization data set corresponding to a copy stored at a tokenization engine associated with the payment service provider;
• receiving transaction information from a vendor point-of-sale (POS) device, the transaction information including a purchase amount;
• configuring the at least one secure identification token to comprise data from the at least one authorization data set;
• sending the configured identification token and the at least one secure payment token to the vendor POS device;
• and
• receiving confirmation that the transaction is complete.