Systems and methods for generating a digital token slip

A non-transitory computer-readable medium with instructions embodied thereon that, when executed by one or more processors of a provider institution computing system of a provider institution, cause the one or more processors to perform operations comprising:

• receiving, from a first user device associated with a first user, a first request to generate a digital token representing a transfer of a resource to a second user, the first request comprising an identifier of a second user device associated with the second user;
• upon verifying authentication information received from the first user device, generating the digital token for transmission to the second user device, the digital token associated with a usage timestamp;
• receiving, from a transaction machine associated with the provider institution computing system, a second request to redeem the digital token, the second request designating a portion of the resource;
• responsive to determining that the second request to redeem the digital token is valid, causing the transaction machine to provide the portion of the resource;
• and
• crediting a remainder of the resource to an account associated with the second user.

A method, comprising:

• receiving, by at least one computing system, from a first user device associated with a first user, a first request to generate a digital token representing a transfer of a resource to a second user, the first request comprising an identifier of a second user device associated with the second user;
• upon verifying authentication information received from the first user device, generating, by the at least one computing system, the digital token for transmission to the second user device, the digital token associated with a usage timestamp;
• receiving, by the at least one computing system, from a transaction machine associated with the at least one computing system, a second request to redeem the digital token, the second request designating a portion of the resource;
• responsive to determining that the second request to redeem the digital token is valid, causing, by the at least one computing system, the transaction machine to provide the portion of the resource;
• and
• crediting, by the at least one computing system, a remainder of the resource to an account associated with the second user.