Synopsis ppt
AugusPay : A UPI Payment Service With Decentralised System
Mentor-Ms Swati Malik
Achint : 00296302720
Kuldeep :02296302720
Yogesh: 047966302720
- Introduction
- Objectives
- how upi works
- Literature survey
- How Auguspay will work
- Features
Index
- This Project Entitled as “AUGUSPAY‟ is used basically for the seamless UPI Payment transaction .
- It generate the QR code according to their VPA or UPI ID and make payment direct to the bank. (Qr code based Payment System)
Introduction
- Decentralized system for the digital Payment service.
- Safe and secure.
- free from commission among user and merchant.
Objectives
How the UPI system works?
American Journal of Industrial and Business Management, 7, 1174-1191. In this we studied about the Payment Service players and how the payment is done through one user’s bank account toward the receiver’s bank account but we are trying to make it decentralised. Which help for small vendor to save their money in the form of commission and to generate the qr code which is related to VPA w.r.t to bank for E.g. :- HDFC bank 6464646XX@hdfcbank.com
Literature Survey
How Auguspay will work?
Feature of the Augus Pay
Through this a user can send money from one bank to another without using the Payment Service Players
1
Upi Payment
Our Team is working on making this project for the ecommerce vendors. In this a user send its file through I/O and receive all Qr code
2
Ecommerce Business
This is a simple thing that we are creating in this promotion can be done with the help of the qr code.
3
Making the Qr for Promotions
1
Payment done btw user and merchant. Remove the commission btw the merchant and PSP.
3
Security and encryption of data is involved here
5
No server issue of the payment service apps
2
No payment service players are used
4
Payment is secure btw the user and the receiver
Thank You!
Questions?
Palette
By Kuldeep
