Method and system for processing on-demand substitute checks

A method of processing a payment over a computerized network, comprising the steps of:

• a. providing, to a user through a display device, an active payment icon associated with a particular payment obligation, wherein the active payment icon includes a link to a payment interface, includes machine-readable information regarding the specific payment to be made including an invoice number or an amount to be paid, and is associated with a non-bank e-wallet account which uses a phone number as the account number;
• b. on selection of the user selectable link, providing the payment interface whereon payment of the particular payment obligation can be satisfied by the user and displaying, through the payment interface, the machine-readable information;
• c. displaying to the user over the display device and through the payment interface, an interactive user interface that allows the user to satisfy the particular payment obligation;
• and
• d. processing satisfaction of the particular payment obligation through the payment interface.

A computerized payment interface operating over a computerized network, comprising:

• a. an icon generating module that automatically generates active payment icons associated with particular payment obligations, wherein the active payment icons each include a link to the computerized payment interface and includes machine-readable information regarding the specific payment to be made;
• b. a payment processing system;
• and
• c. an interactive user interface functionally coupled to the payment processing system and that is activated on selection of an active payment icon such that machine-readable information regarding the specific payment is displayed together with interactive user interface tools for effecting payment thereof through the payment processing system.