Method and system for location-based resource access

A first device, the first device comprising:

• a processor;
• and
• a non-transitory computer readable medium, the non-transitory computer readable medium comprising computer executable code for executing a method, the method comprising:
• establishing a wireless connection to a second device, wherein the first device is a client device and the second device is an access device at a location of a merchant;
• transmitting a request, to the second device, for location data indicative of a location of the second device;
• receiving, from the second device, the location data indicative of the location of the second device;
• determining a distance between the first device and the second device based at least in part on the location data received from the second device that is indicative of the location of the second device;
• determining a risk score based on the determined distance;
• generating an encrypted value based on the received location data, the determined distance, and the determined risk score;
• transmitting, to the second device, the encrypted value that is a payment token associated with a user of the first device, wherein the second device transmits the encrypted value and the payment token received from the first device to a server computer, wherein the server computer decrypts the encrypted value received from the second device to obtain the location data, the distance data, and the risk score, and wherein the server computer sends a notification to the access device to allow the client device to access a resource after analyzing the decrypted value;
• and
• receiving, by the first device from the second device, a notification to access the resource.

A method, comprising:

• receiving, by a server computer and from a first device, an encrypted value and a payment token associated with a user of a second device;
• wherein the encrypted value is generated by the second device based on location data received from the first device, a determined distance between the first device and the second device based at least in part on the location data received from the first device, and a risk score determined based on the determined distance,
• wherein the second device is a client device and the first device is an access device at a location of a merchant;
• decrypting, by the server computer, the encrypted value received from the first device to obtain the location data, the distance data, and the risk score;
• allowing, by the server computer, access to a resource after decrypting the encrypted value after determining that the location data, the distance data and the risk score are in a predetermined range;
• and
• sending, by the server computer, a notification to the access device to allow the client device to access the resource.