Multi-token provisioning, online purchase transaction processing, and card life cycle management systems and methods

A non-transitory computer-readable medium, wherein the non-transitory computer-readable medium is provisioned with program instructions that, when executed by one or more processors, cause a computing system to:

• obtain, via the network interface, a first token for a purchase card that has an associated primary account number (PAN), wherein the first token comprises a first computer-generated identifier of the purchase card that is available for use in place of the PAN when processing network-based financial transactions involving the purchase card;
• store the first token for the purchase card in the one or more non-transitory computer-readable mediums;
• obtain, via the network interface, a second token for the purchase card, wherein the second token comprises a second computer-generated identifier of the purchase card that is available for use in place of the PAN when processing network-based financial transactions involving the purchase card;
• store the second token for the purchase card in the one or more non-transitory computer-readable mediums;
• select one of the stored first token or the stored second token to use for a given network-based financial transaction involving the purchase card;
• and
• transmit, via the network interface, an authorization request for the given network-based financial transaction that includes the selected one of the stored first token or the stored second token.

A method carried out by a computing system, the method comprising:

• obtaining a first token for a purchase card that has an associated primary account number (PAN), wherein the first token comprises a first computer-generated identifier of the purchase card that is available for use in place of the PAN when processing network-based financial transactions involving the purchase card;
• storing the first token for the purchase card in one or more non-transitory computer-readable mediums of the computing system;
• obtaining a second token for the purchase card, wherein the second token comprises a second computer-generated identifier of the purchase card that is available for use in place of the PAN when processing network-based financial transactions involving the purchase card;
• storing the second token for the purchase card in the one or more non-transitory computer-readable mediums of the computing system;
• selecting one of the stored first token or the stored second token to use for a given network-based financial transaction involving the purchase card;
• and
• transmitting an authorization request for the given network-based financial transaction that includes the selected one of the stored first token or the stored second token.

A computing environment comprising:

• a first computing system associated with a merchant;
• a second computing system associated with a first token service provider (TSP);
• a third computing system associated with a second token service provider (TSP);
• and
• a plurality of payment networks,
• wherein the first computing system is configured to:
• transmit, to the second computing system associated with the first TSP, a first request for a first token for a purchase card that has an associated primary account number (PAN), wherein the first token comprises a first computer-generated identifier of the purchase card that is available for use in place of the PAN when processing network-based financial transactions involving the purchase card;
• receive, from the second computing system, the first token for the purchase card;
• store the first token for the purchase card in one or more non-transitory computer-readable mediums of the first computing system;
• transmit, to the third computing system associated with a second TSP, a second request for a second token for the purchase card, wherein the second token comprises a second computer-generated identifier of the purchase card that is available for use in place of the PAN when processing network-based financial transactions involving the purchase card;
• receive, from the third computing system, the second token for the purchase card;
• store the second token for the purchase card in the one or more non-transitory computer-readable mediums of the first computing system;
• select one of the stored first token or the stored second token to use for a given network-based financial transaction involving the purchase card;
• and
• transmit, to a given one of the plurality of payment networks, an authorization request for the given network-based financial transaction that includes the selected one of the stored first token or the stored second token;
• wherein the second computing system is configured to:
• receive the first request for the first token for the purchase card;
• and
• transmit, to the first computing system, the first token for the purchase card;
• and
• wherein the third computing system is configured to:
• receive the second request for the second token for the purchase card;
• and
• transmit, to the first computing system, the second token for the purchase card.