May 24, 2022
No image
Service categories
Domain focus
Banking & Financial Services
Other
Programming language
HTML
Challenge
Bayzat is a digital wallet that can be used to pay someone who you know. As in this new digital era people are not always carrying cash they feel comfortable to go cashless because some time people are not having exact amount to pay or the vendor is not having the change. People are also preferring to pay or receive amount digitally which is hassle free, smooth and secured
Bayzat is a digital wallet that can be used to pay someone who you know. As in this new digital era people are not always carrying cash they feel comfortable to go cashless because some time people are not having exact amount to pay or the vendor is not having the change. People are also preferring to pay or receive amount digitally which is hassle free, smooth and secured
Solution
BayZat payment application which enables the user to make payments while providing security through OTP, where both senders and receivers sign up and authenticate themselves to have a transaction using security code and bank details.
The app enables the user to generate QR codes which can be used by the user or assigned to an existing user in the contact list. This enables the user to assign a unique identification to a specific individual, thus enabling them to carry out a transaction smoothly without having to enter the mobile number or any other details every time there is need to carry out a transaction.
BayZat payment application which enables the user to make payments while providing security through OTP, where both senders and receivers sign up and authenticate themselves to have a transaction using security code and bank details.
The app enables the user to generate QR codes which can be used by the user or assigned to an existing user in the contact list. This enables the user to assign a unique identification to a specific individual, thus enabling them to carry out a transaction smoothly without having to enter the mobile number or any other details every time there is need to carry out a transaction.
Results
Anybody can create account in “QR Code Application” provided they have phone number and valid bank account details.
User friendly UI.
Vendor account details has to be CMS verified.
Notifications tab, list the history of transactions happened till now.
Internet connectivity is must
Has a huge database of the users which it can pull easily for further use in the future.
The figures are clear as no lower or maximum limit for the transaction over the network.
Frequent payments done hence the application and the third party gateway link should have really tight security barriers and measures.
Anybody can create account in “QR Code Application” provided they have phone number and valid bank account details.
User friendly UI.
Vendor account details has to be CMS verified.
Notifications tab, list the history of transactions happened till now.
Internet connectivity is must
Has a huge database of the users which it can pull easily for further use in the future.
The figures are clear as no lower or maximum limit for the transaction over the network.
Frequent payments done hence the application and the third party gateway link should have really tight security barriers and measures.