1. A method comprising: generating, by a computer based system, a digital pass for a transaction account user, wherein the digital pass enables verifications and enables transactions, wherein the digital pass includes a pass template that is created with a pass signer and a private key, wherein the digital pass is updated using an application programming interface (API), wherein the digital pass is stored and managed in a digital wallet, and wherein the digital pass is a sharable electronic pass with at least one of a selectable link or a scan-able indicator; incorporating, by the computer based system and in response to the generating the digital pass, an identification of the transaction account user into the digital pass; transmitting, by the computer based system and via a portal, the digital pass to a digital wallet of a first device of the transaction account user, wherein the digital pass is a sharable electronic pass managed by the digital wallet, wherein the first device establishes a wireless communication link to a second device associated with an applicant, and wherein the first device wirelessly transfers the digital pass to the second device via the wireless communication link and using a wireless communication protocol; generating, by the computer based system, a request to complete a transaction account application, in response to at least one of a selection of the selectable link or a scanning of the scan-able indictor of the digital pass by the applicant, wherein the transaction account application is associated with the digital pass; transmitting, by the computer based system and in response to the generating the request, the request to complete the application to the applicant; receiving, by the computer based system and in response to the transmitting the request, the transaction account application from the applicant for a transaction account, wherein the transaction account application includes preliminary information about the applicant, wherein the preliminary information includes a subset of personally identifying information about the applicant, wherein the transaction account application is populated with the identification of the transaction account user via at least one of digital pass information or transaction account user information, wherein the transaction account application qualifies the applicant to receive the transaction account, wherein the transaction account is used to conduct a financial transaction for purchasing items from merchants, and wherein the purchasing with the transaction account results in records of charges with the merchants and settlements of the records of charges with a financial institution that issued the transaction account; creating, by the computer based system and in response to receiving the preliminary information, an identity verification request based on the preliminary information to create identity verification information; transmitting, by the computer based system and in response to creating the identity verification request, the identity verification information to a credit rating agency; receiving, by the computer based system and from the credit rating agency, creditworthiness information to complete the transaction account application and to supplement the transaction account application information for the applicant; analyzing, by the computer based system and in response to the receiving the credit worthiness information, the transaction account application, based on the preliminary information provided by the applicant, and the credit worthiness information provided by the credit rating agency; determining, by the computer based system, that the transaction account application at least partially satisfies a transaction account issuing threshold; issuing, by the computer based system, the transaction account to the applicant, in response to the transaction account application at least partially satisfying the transaction account issuing threshold; receiving, by the computer based system, an authorization request from the merchant to authorize the purchasing using the transaction account; and receiving, by the computer based system, a settlement request from the merchant associated with the purchasing.