• 2016 June 09

Company Description

UAA Wallet provides platform for easy facilitation of payments without depending on internet.

UAA wallet is a mobile wallet with both online/offline (not NFC, QR Code based) payment systems. The unique feature of this wallet is, a user can make mobile to mobile payment by validating the unique number. The Wallet can identify and communicate between the wallets nearby, facilitating payments / transfers “Without Need for Internet'. The proposed wallet system named as “UAA Wallet” will try to increase the e-payments coverage by penetrating features of smart phones. This method connects the nearby users and ensures the payment completion without depending on the Internet/network connectivity. USES OF THE INVENTION: Bandwidth and Network not required to transfer/payment nearby places (Up-to 15 Meter Radius) Cash cannot be Misplaced/Theft Security- only I use it for purchases which I approve Ease of use-Simple intuitive design- don't pain with lot of typing Ease of loading fund to the wallet- UPI Integration Items in a digital wallet are easily transferable from one wallet to another using unique number Real time information when you need it and when it's relevant Faster payments (Lesser than 15 seconds) & handling less Cash Resolves change problem in cash transactions