Importance

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Abstract

A computerized method (600) of performing a digital payment involves maintaining (610), at a financial institution (PB1), a reservation of funds in a payer account (PA1) of a payer (P1), and maintaining (620), by a computerized digital wallet server function (DCWS), a digital wallet (DCW) having a balance corresponding to the reservation of funds in the payer account. The method further involves making (630), by a payer communication device (PD1) usable by the payer, a payment request (PR) for the digital payment at the digital wallet sewer function. The digital wallet sewer function registers (640) transaction data (TXD) that comprises an alias of the payer (PayerAlias), an alias of a payee (PayeeAlias), and a representation of a payment amount (Amount) which is deducted from the balance of the digital wallet. The digital wallet server function causes (650) a digital notification of the digital payment to a payee communication device (PD2) usable by the payee, storing (660) of the transaction data for later settlement; and subsequent initiation (670) of settlement of the digital payment based on the stored transaction data to cause release of funds from a balance of the payer account and addition of funds to a payee account (PA2) associated with the payee, wherein the deduction and addition of funds correspond to the payment amount.

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First Claim