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Flipay
Scan and Pay - Simpler, Secure and Faster
Flipay
Scan and Pay - Simpler, Secure and Faster
Problem
Hassle in mobile payment - Lots of user clicks,Insecure and lagging
Problem
• 	
  Too	
  many	
  taps	
  on	
  screen	
  is	
  frustrating	
  for	
  people.	
  
!
• Carrying	
  debit/credit	...
Reason
Customer
I don’t want to take my
mobile out , type in the
password,and pay when
I'm eating/shopping
“
”
Owners
We h...
People Not moving on to an App Based Payment Solution
65%
of customers use debit/
credit cards for
payment, due to hassle
...
The Scope
Market Size
Ease the payment process &
revenue’s made almost is
invincible
Product - The Solution
• Flipay makes your payments simple, fast, robust and
secure.
!
• Flipay does all your payments in ...
Product | The User Model
User Downloads
the Flipay App
1
Flipay
User Does the 2 step
registration,adds in
his bank account...
Product | The Merchant Model
Merchant
Registers Account
1
Merchant Adds in his
bank account,gets his
**Flipay-Pi
2 Present...
Revenue Model For Flipay
User Registers
Account
1
User does some
purchase
2 Flipay charges
2-3% for Normal
Transactions
3 ...
Competitors
Momoe | QR-Pay | Zapper
Competitive Advantages
!
• First To Implement in India
• Two step Registration Process
• One Click Payment - No password h...
Challenges
!
!
!
Flipay-Pi
A device which enables the merchants to display QR-code and help the customers scan their QR-co...
#openlooplabs - Team
We as a team strive to drive tech to the hands of the people belligerently
Francis Alexander
 Amal Kr...
Flipay
Scan and Pay - Simpler,Faster and Secure
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Flipay pitch-deck

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Payment should be easy, Flipay makes payment a step more easier :)

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Flipay pitch-deck

  1. 1. Flipay Scan and Pay - Simpler, Secure and Faster Flipay Scan and Pay - Simpler, Secure and Faster
  2. 2. Problem Hassle in mobile payment - Lots of user clicks,Insecure and lagging
  3. 3. Problem •  Too  many  taps  on  screen  is  frustrating  for  people.   ! • Carrying  debit/credit  card,cash  in  wallet  is  not  safe.   ! • Hassle  to  visit  ATM  for  withdrawing  money.   ! • Dead  money  associated  with  E-­‐wallet.(eq:MobiQwik,  Paytm…)   ! • Long  queue’s  are  always  time  consuming  during  payments.
  4. 4. Reason Customer I don’t want to take my mobile out , type in the password,and pay when I'm eating/shopping “ ” Owners We haven’t had payment systems that has matched our expectation which is hassle free. ” “
  5. 5. People Not moving on to an App Based Payment Solution 65% of customers use debit/ credit cards for payment, due to hassle in online payment procedure 80% Due to data usage,security issues etc. *Self Study based on our observations and findings
  6. 6. The Scope Market Size Ease the payment process & revenue’s made almost is invincible
  7. 7. Product - The Solution • Flipay makes your payments simple, fast, robust and secure. ! • Flipay does all your payments in restaurants, movie theatres, retail outlets, hospitals and the merchants equipped with Flipay ! • QR code is generated on a device or printed out by the merchant. ! • Flipay scans the QR code processing the payment. Flipay Flipay Scan and Pay - Simpler, Faster and Secure Scan and Pay - Simpler, Secure and Faster
  8. 8. Product | The User Model User Downloads the Flipay App 1 Flipay User Does the 2 step registration,adds in his bank account. 2 Scans the QR code3 4 Happy Shopping
  9. 9. Product | The Merchant Model Merchant Registers Account 1 Merchant Adds in his bank account,gets his **Flipay-Pi 2 Present the Customer the **Flipay Pi 3 FLIPAY Happy Customer :)4 ** Flip-Pi is a device which is given to the merchants , which helps them display amount as QR codes
  10. 10. Revenue Model For Flipay User Registers Account 1 User does some purchase 2 Flipay charges 2-3% for Normal Transactions 3 4 Transaction is Completed $$ Flipay
  11. 11. Competitors Momoe | QR-Pay | Zapper
  12. 12. Competitive Advantages ! • First To Implement in India • Two step Registration Process • One Click Payment - No password hassle payment options • Scan and Pay Securely - No Bank API involved
  13. 13. Challenges ! ! ! Flipay-Pi A device which enables the merchants to display QR-code and help the customers scan their QR-code. The device is aimed to be built under Rs.2000
  14. 14. #openlooplabs - Team We as a team strive to drive tech to the hands of the people belligerently Francis Alexander Amal Krishna Joel Varghese Joy Joseph Michael
  15. 15. Flipay Scan and Pay - Simpler,Faster and Secure

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