Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Explain your idea in details:
E-shyura is a revolutionary cashless electronic payment gateway system to allow customers to make a payment transaction to the business part on real time using the finger Print Point of Sale (Restaurant, Hotel, Store, etc.) or using a Smartphone with Fingerprint function (E-commerce portal) for online purchase in Internet. The system aims to remove dependency on payment with Hard money for Customer and Business Securityor credit Card because customer can forget it, it can be expired, lost or stolen. The first product which is the Fingerprint Point of Sale is a device having the function of a point of sale authenticating Bank information of customers using customers fingerprint. Banks will recommend their customer to record and link their Bank information to their fingerprint. Customer will be able to make a payment from the bank account or mobile wallet account to the businesses Bank Account. The second product which E-shyura Online payment system. This cashless payment system removes dependency on purchasing stuffs using an e-commerce portal from a laptop/desktop. Customer doesnt need to have the bank card to fill number of the card for authentication. Authentication will be through the fingerprint of their smartphone. In the list of options of payment, customer will see Visa, MasterCard, PayPal, etc. and E-shyura. The advantage that E-shyura will have from the other options is that there is no dependency again on Credit Card. Customer won't struggle to buy or pay the bills and Sellers or Businesses will get paid on real time in their bank account.
Expected impact of your idea on sustainable development
People always want to make get fast and flexible service. There is always a matter of time and as we all know, time is money. Technology helps to automate those service and to satisfy people. E-shyura is fully dedicated to bring a support of a fats and flexible service between their two end users which customers or buyers and Businesses or sellers. Many Country all around the world are supporting Cashless economy for security of the payment. In other word, numbers of Cashless payment will continue to increase. As soon as E-shyura is bringing a good service, Facts show that there will be a big number of transactions. Many statistics in my country shows also that number of Point of Sale transaction is keeping increasing every year. So far transaction are done through VISA or Mastercard Services which are no longer compatible to this time. I have a good assurance that E-shyura will help people to secure their payment and to make it on a real time
Plans for implementation and sustainability
E-shyura is still in the Idea and conceptual stage. I am not able to implement it in term of the cost it requires to start this business. I want to be selected among the finalist of Entrepreneurship campus to get hope that some the price i will get will help to develop my project. I also want sponsors or potential investors for those one who think E-shyura can impact the social life of people and who sees the product among sustainable development goals of the United Nations E-shyura is a Business to Business product because it is a business product to help other businesses to get their payment as i explained it. It is a platform to assist Businesses or sellers to get their payment automatically in their Bank account. It is also a Business to Customer product as it is a business product to help customers to make automatic payment from their bank or Mobile Wallet account to their Business Bank account. A Smartphone App will be implemented in order to allow customers directly check their bank or mobile wallet account or balance and to allow Businesses to see movement made on their account. As transaction are going to be done with Smartphone and Fingerprint point of sale, and involving bank account and mobile wallet account; I will definitely have to integrate E-shyura in Core Bank System from payment movement from customer bank account to business bank account. As Mobile wallet is also including in E-shyura System, E-shyura must also be integrated in Telecom operator core system. Finally, for the switch of the payment, I will have to work with local company in charge of switch payment like Rswitch in Rwanda.
My name is Eric Mugemane Nkunzi, i am a Rwandan and i was born in Kinshasa (Congo). I am thirty four years hold. I hold a bachelor Degree in Computer Engineering and Information Technology and recently i got also my MBA. The government of my country Rwanda pushes young people like me to innovate and to create more Jobs to the population in order to reduce poverty, that why i started thinking about creating jobs to young Rwandans, African and all other in general in the world. Then I started thinking about E-shyura five years. I remember at that time that i lost my job and it took me five months to get another job. After getting that new job, i stopped concentrating on E-shyura because my new job was too demanding also because i didn't get a support i wanted from the national bank of Rwanda. Again in two thousand and seventeen, i lost my job the second time. That was the time i started again developing the idea compatible to this time as the other one were no longer a scalable idea. So far i always work on this E-shyura project to try to find the way i can develop this idea. I participated in the AFRICA startUp Gate competition last month in Tunisia and i unfortunately got a price to support my Idea.