QR CODE SYSTEM FOR PAYMENT

QR code system for payment This QR code will be used for making payments. There are three systems to be integrated. System A It will have an app (iOS and Android) for scanning or reading codes from phone, tablets, etc and from surfaces like paper, plastic and glasses. The scanner /reader app is linked to a bank card (credit or debit card). User can change card linked to the scanner reader. System B This is QR-code generator. This is used to generate QR-code that will be scanned or read using the scanner / reader app in System A and codes can be in smartphones, tablets, etc or on surfaces like paper, plastic and glasses. Each generated QR-code is linked to a bank account, so the bank account information is used to generate the code. How this will work: When you use the QR code scanner / reader to read a QR code generated with the QR-code generator, it will make payment using the bank card in System A to bank account in the generated QR-code in System B. Payer using the QR-code scanner / reader will input the amount to be paid before scanning / reading the code from places mentioned. System C It will have QR-code generator. This is used to generate QR-code that will be scanned or read using the scanner / reader app in System A. Here codes can be in smartphones and tablets only. So this is a mini app in itself. Each generated QR-code is linked to a bank account, so the bank account information is used to generate the code. How this will work: When you use the QR code scanner / reader to read a QR code generated with the QR-code generator, it will make payment using the bank card in System A to bank account in the generated QR-code in System C. Payee (the person who is receiving payment) will enter the amount to receive before the payer (the person making payment) using the QR-code scanner / reader will scan the smartphone or tablet. If scanned, it will ask payer to confirm payment (YES or NO)