Methods and systems for verifying electronic purchases including restricted products and payment processing thereof

Abstract

Embodiments provide methods and systems for verifying plurality of user attributes corresponding to a purchase of a user, including restricted products. Methods include receiving a payment request for purchasing a plurality of products, determining plurality of attributes to be verified for the payment request by applying regulatory rules on a products related information associated with the plurality of products, transmitting a payment link, to the merchant terminal including at least one user-specific attribute to be verified from the user. The methods further include receiving user-specific information associated with the at least one user-specific attribute, verifying the plurality of attributes by accessing one or more databases, based at least on checking the at least one general attribute by applying a set of pre-defined rules and performing validation of the user-specific information received from the user device and upon successful verification, processing the payment request initiated by the merchant terminal.