Systems and methods for processing electronic payments using a global payment directory

A computer system for facilitating electronic payments to a payee from at least one account associated with a payor, comprising:

• a processor;
• and
• a computer-readable storage device,
• wherein said computer system is associated with an interchange network and said computer-readable storage device has encoded thereon computer-executable instructions that are executable by the processor to perform functions comprising:
• receiving, by said computer system, payor profile information from a payee, the payor profile information identifying a unique account associated with the payor, wherein the payor profile information is associated with a consumer account identifier stored by the payee;
• storing, by said computer system, the payor profile information in the memory device;
• generating a first token identifier, the first token identifier associated with the payor profile information stored in the memory device;
• transmitting the first token identifier to the payee, for storage by the payee and association with the consumer account identifier;
• receiving, by said computer system, the first token identifier from the payee, the first token identifier accompanied by transaction information associated with a transaction between the payor and the payee;
• in response to receiving the first token identifier from the payee, retrieving the payor profile information associated with the first token identifier;
• and
• transmitting, from said computer system, an authorization request directly to an issuer for authorization of the transaction, wherein the authorization request is based at least in part on the retrieved payor profile information.

One or more non-transitory computer-readable storage media having computer-executable instructions embodied thereon for facilitating electronic payments to a payee from at least one account associated with a payor, wherein, when executed by at least one processor of a computer device, the computer-executable instructions cause the processor to:

• receive, by said computer device, payor profile information from a payee, the payor profile information identifying an unique account associated with the payor, wherein the payor profile information is associated with a consumer account identifier stored by the payee and said computer device is associated with an interchange network;
• store, by the computer device, the payor profile information in the memory device;
• generate a first token identifier, the first token identifier associated with the payor profile information stored in the memory device;
• transmit the first token identifier to the payee, for storage by the payee and association with the consumer account identifier;
• receive, by the computer device, the first token identifier from the payee, the first token identifier accompanied by transaction information associated with a transaction between the payor and the payee;
• in response to receiving the first token identifier from the payee, retrieve the payor profile information associated with the first token identifier;
• transmitting, from the computer device, an authorization request directly to an issuer for authorization of the transaction, wherein the authorization request is based at least in part on the retrieved payor profile.