A method of conducting a currency transfer, the method comprising: receiving, at a first electronic device, a
user input initiating a direction of currency transfer responsive to the first electronic device disposed in proximity of a second electronic device; displaying, on a display of the first electronic device, at least one image representing a selected
transaction account; wherein a memory of the first electronic device comprises user-specific information and a selected
transaction account funded amount; receiving, at the first electronic device, a
user input of a transferred
currency amount for transfer to the second electronic device, wherein the transferred
currency amount is at least a portion of the selected
transaction account funded amount; receiving, at the first electronic device, an authorized user confirmation of a currency transfer using the selected transaction account; detecting, by a
proximity sensing of the first electronic device, that the first electronic device is within a predetermined proximity of the second electronic device; in response to detecting that the first electronic device is within a predetermined proximity of the second electronic device, generating, by a processor of the first electronic device, a limited-use currency transfer information based on the user-specific information and the selected transaction account funded amount; transmitting, by a
wireless communications interface of the first electronic device, the limited-use currency transfer information from the first electronic device to the second electronic device; and effecting a transfer of currency between a transaction account of a user of the first electronic device and the second electronic device user, wherein the currency is selected from the group comprising of: funds, digital-currency,
cryptocurrency, debt, and credit.