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.
Online payments and money transfer with source and destination accounts in single device
Explain your idea in details:
IF A USER IS HAVING AN ACCOUNT IN THIS APPLICATION THEN HE CAN TRAVEL ANY WHERE WITHOUT LIQUID CASH, DEBIT, CREDIT ETC., CARDS AND EVEN WITHOUT MOBILE. Concept : Transferring of money from one to another person's account within destination device. So, here we are going to login in destination device and access our account in destination application interface where the destination user had already logged in. So, we are going to be logged into destination user's account. It can be done bye using many ways: 1.We can use finger print access in order to get our account into another user application interface. 2.Or else we can use our details like account number, our (like google) pin, our specified password ,and these are must be unique for any user. let us take an example:Let our app be Depay ,A and B be 2 users of our Depay(destination pay) app. Let A doesnt have a device to access or to send money to B,so here in our application interface A can login in B's device having B account (already logged in) and send money to B's Depay account . Every Depay user have a unique username ,password,depin and also an important access called FINGER ACCESS.And the user must be known of account details like A/C NUMBER,IFSC and we provide a secrete pin for every user. And we can also add some extra features like: 1.we will give cash backs and scratch cards. 2.if it is a big transaction or based on number of transactions we will provide some new offers like offering tours ,trips,providing tourist guides for selected places. 3.Think of our features and offers,those are more attractive and impressive to all users so that, every user may done transaction for trips,tours and for our offers. 4.Slowly we attract people towards our offers and we will
Expected impact of your idea on sustainable development
In general UPI Payments apps,we can send only with help of both source and destination devices only and we cannot send money if a source user doesn't have any device to send money. More efficient than all other UPI payments app. most useful app than any other UPI payments app. A user without a mobile or a device can do payments with our Depay app. Here development must exists and grows because if the sender forgets his phone in home and he might have eaten food in a hotel and he doesn't have money .so if he has Depay app,he can send or transfer money through Depay app in hotel management mobile or device.So simply any user can travel anywhere without a device. And also we provide calls from one to one user. CALLS:calls are necessary in order to verify our friends,there may be users with similar names with little difference so we can confirm by calling. Since calls are very important for communication. Here we also provide some special collaborations with some companies,i will explain it later. so our target is to be better than remaining UPI's and to be more attractive with excellent offers so i think it definitely works because every app fails to provide our feature. hence we are going to rule the payments app. if you are willing to do this i will go for further developments.
Plans for implementation and sustainability
IMPLEMENTATION:To implement we need to have finger access grant and also bank account access. And calls,messages are as usual. We can provide wallets and withdrawal limit will be set by us. withdrawal limit is important because with that money we double it untill the user reaches the limit. After reaching limit we will take 10% from wallet and spends for peasants,etc.. Bank details must be linked to our finger print with help of aadhar,pan. And we can also provide Depay cards if the transaction levels are very high and useful. There is no such app in market to transfer money without device for a user (source) with a packet of data.
I am Katta Srinivasulu and im 20 years old. i am a technical CSE student,studying 3rd B.TECHAnd im from India.