Encapsulation of payment accounts with tokenization

A merchant computing device comprising:

• one or more processors;
• and
• one or more non-transitory computer-readable media storing computer-executable instructions that, when executed by the one or more processors, cause the merchant computing device to perform operations comprising:
• transmitting, from the merchant computing device of a merchant and to a primary transaction processor server, first transaction information associated with a first transaction between the merchant and a customer for at least one of first goods or first services, wherein the first transaction information includes transaction instrument data associated with a transaction instrument of the customer;
• receiving, by the merchant computing device and from the primary transaction processor server, a second token generated from an authorization package associated with the first transaction, wherein the second token comprises at least a first network token, wherein the authorization package includes an indication that the first transaction is approved;
• generating second transaction information associated with a subsequent transaction of the merchant and the customer for at least one of second goods or second services, to include the second token instead of the transaction instrument data;
• modifying, by the merchant computing device, the second transaction information by including a token identification field associated with the second token;
• assigning, by the merchant computing device, an alpha numeric value to the token identification field indicative of an entity that initiated the first transaction;
• transmitting the second transaction information to a secondary transaction processor;
• and
• receiving, by the merchant computing device and from a payment network processor, a transaction confirmation response responsive to the second transaction information.

A non-transitory computer-readable medium having instructions stored thereupon which, when executed by a processor, cause the processor to:

• transmit, by a merchant computing device of a merchant and to a primary transaction processor server, first transaction information associated with a first transaction between the merchant and a customer for at least one of first goods or first services, wherein the first transaction information includes transaction instrument data associated with a transaction instrument of the customer;
• receive, by the merchant computing device and from the primary transaction processor server, a second token generated from an authorization package associated with the first transaction, wherein the second token comprises at least a first network token, wherein the authorization package includes an indication that the first transaction is approved;
• generate, by the merchant computing device, second transaction information associated with a subsequent transaction of the merchant and the customer for at least one of second goods or second services to include the second token instead of the transaction instrument data;
• modify, by the merchant computing device, the second transaction information by including an alpha numeric token identification field associated with the second token;
• assign, by the merchant computing device, an alpha numeric value to the alpha numeric token identification field indicative of an entity associated with the first transaction;
• transmit the second transaction information to a secondary transaction processor;
• and
• receive, by the merchant computing device and from a payment network processor, a transaction confirmation response responsive to the second transaction information.