Cardless Transaction Using Account Automatically Generated based on Previous Transaction

A method of facilitating transaction processing, the method comprising:

• receiving, at a server associated with a payment processing service (PPS) and from a merchant point of sale (POS) device, payment medium information associated with the customer that is read from a payment medium associated with the customer by the merchant POS device for use in a first transaction between a customer and a merchant;
• processing, by the server, the first transaction using the payment medium information;
• generating, by the server, a link such that activation of the link causes a customer account to be automatically created for the customer in a data store of the PPS, wherein the payment medium information is associated with the customer account in the data store;
• creating, at the server automatically in response to identifying that the link has been activated, the customer account in the data store of the PPS, wherein the payment medium information is associated with the customer account in the data store;
• receiving, at the server, an indication of a second transaction involving the customer;
• retrieving, by the server and from the data store, the payment medium information in response to receiving the indication of the second transaction involving the customer and based on identification of the customer account within the data store;
• and
• processing, at the server, the second transaction involving the customer as a cardless transaction using the payment medium information retrieved from the data store and associated with the customer account in the data store.

A server associated with a payment processing service (PPS) for facilitating transaction processing, the server comprising:

• one or more memory units storing instructions;
• and
• one or more processors executing the instructions, wherein execution of the instructions by the one or more processors causes the one or more processors to:
• receiving, and from a merchant point of sale (POS) device, payment medium information associated with the customer that is read from a payment medium associated with the customer by the merchant POS device for use in a first transaction between a customer and a merchant;
• processing the first transaction using the payment medium information:
• generating a link such that activation of the link causes a customer account to be automatically created for the customer in a data store of the PPS, wherein the payment medium information is associated with the customer account in the data store;
• creating, automatically in response to identifying that the link has been activated, the customer account in the data store of the PPS, wherein the payment medium information is associated with the customer account in the data store;
• receiving an indication of a second transaction involving the customer;
• retrieving, from the data store, the payment medium information in response to receiving the indication of the second transaction involving the customer and based on identification of the customer account within the data store;
• and
• processing the second transaction involving the customer as a cardless transaction using the payment medium information retrieved from the data store and associated with the customer account in the data store.