Systems and methods for contactless transaction processing

A transaction server for enabling a transaction between a merchant device and a customer device, the transaction server comprising:

• a) a network interface;
• b) a memory;
• and
• c) a processor, the processor configured to:
• receive a transaction initiation request;
• generate a transaction identifier and transmit the transaction identifier to the merchant device;
• receive the transaction identifier from the customer device, wherein the transaction identifier has been exchanged via proximity communication with the merchant device;
• transmit transaction detail data to the customer device;
• receive a transaction authorization from the customer device;
• and
• in response to the transaction authorization, complete the transaction.

A system for enabling a transaction, the system comprising:

• a) a transaction server configured to:
• i) receive a transaction initiation request;
• ii) generate a transaction identifier;
• b) a merchant device configured to:
• i) receive the transaction identifier;
• ii) activate a proximity communication interface to transmit the transaction identifier;
• c) a customer device configured to:
• i) receive the transaction identifier via the proximity communication interface;
• ii) transmit the transaction identifier to the transaction server;
• iii) receive transaction detail data from the transaction server, wherein the transaction detail data is transmitted by the transaction server in response to receiving the transaction identifier from the customer device;
• iv) request a transaction authorization from a user of the customer device;
• and
• v) in response to receiving the transaction authorization, transmit the transaction authorization to the transaction server to enable the transaction server to complete the transaction.