E-wallet
of E-wallets
By Thong Pei Cheng, Ocean
Supervised by Dr. S. M. Yiu
Problem Statement
In Hong Kong, we have a lot e-wallet options, such as WeChat Pay, Alipay, PayMe, BoC Pay and more. While these e-wallets have made digital payments more accessible, they have also created 2 main pain points for users.
Fragmented Wallet Management
With so many e-wallets, users are required to maintain balances separately and top-up each e-wallet individually. This fragmentation can lead to inefficiencies.
Lack of Unified Payment Feature
Whenever users purchase in-store, they need to open the respective e-wallet app to access the QR code for merchant to scan. The absence of a standardised QR code system may hinder the overall user experience.
A Centralised E-wallet Platform that serves as an e-wallet of e-wallets
Solution
E-wallet of e-wallets
- This solution would provide users with a simplified user experience, enabling them to deposit funds into a single centralised e-wallet that can be used across all their integrated e-wallets.
- Additionally, the platform would implement an all-in-one QR code payment feature, allowing users to make in-store purchases using a single, unified solution.
Project Objective
To demonstrate the feasibility of integrating multiple APIs to create the centralised e-wallet platform