Project Code: 18080
Project Title: Payment Transaction System Using QR Codes
Project Type: Industry
Project Intellectual Property: Company Controlled
Project Citizenship Restriction: No
Sponsor Company: Microsoft
Description: A study conducted by Microsoft indicates that many people no longer carry cash, which makes it harder to donate money or give tips. The application designed allows the user to generate and print a QR code from either a smartphone or a computer that can be used to pay other people. Speed, convenience and security of transactions are priorities for this project.The design has three major components: the front-end user interface consisting of the mobile application and website, an Azure database to store information for all users, and a server back-end to communicate with Stripe for handling transactions. As with all financial apps, security is very important. The application will only store encrypted information for the user’s account on this service –not any financial information. The database will store the minimal amount of financial details necessary to process transactions via Stripe.