Uumoo Mobile Wallet Project

Project Overview

Uumoo Mobile Wallet is a cloud-based application designed to streamline small-value payments and merchant services. This innovative solution provides a secure and efficient platform for users and merchants, ensuring seamless financial transactions while adhering to regulatory standards.

The Uumoo Mobile Wallet consists of two core applications:

1. User App for individuals managing personal transactions.

2. Merchant App for businesses facilitating payments and cash management.

User App: Simplified Financial Transactions

The User App is tailored to individuals, offering comprehensive tools for managing small-value payments effortlessly.

Key Features

Proximity Money Transfer: Transfer funds by scanning another user's QR code for quick and secure local transactions.
Remote Money Transfer: Send money to other users by entering their mobile number or selecting a contact.
Pay to Merchant: Make payments to merchants seamlessly by scanning their QR code.
Deposit Money from Merchant: Add funds to your account directly through a nearby merchant.
Withdraw Money from Merchant: Retrieve cash easily by interacting with participating merchants.
Transaction History (Log): Keep track of all your financial activities.
Finder: Locate nearby merchants within a 5 km radius using an interactive map.

Merchant App: Comprehensive Business Tools

The Merchant App empowers businesses with features to manage transactions efficiently while complying with regulatory standards.

Key Features:

Accept Payments: Seamlessly receive payments from User App or other Merchant App users.
Facilitate Deposits and Withdrawals: Manage deposits and withdrawals for User App customers with real-time approvals.
Finder: Locate other merchants nearby for collaborative purposes.
Transaction History (Log): Monitor and manage all financial transactions.
Payment Transfers: Pay other merchants easily by scanning their QR code.

Impact and Results:

The Uumoo Mobile Wallet transforms small-value payment systems for users and merchants by:

Enhancing Accessibility: Simplifying the transfer and payment process.
Ensuring Security: Robust compliance measures safeguard every transaction.
Boosting Efficiency: Reducing time and effort in financial operations.
Promoting Connectivity: Fostering a connected ecosystem for individuals and businesses.