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

1. Flipay
Scan and Pay - Simpler, Secure and Faster
Flipay
Scan and Pay - Simpler, Secure and Faster

2. Problem
Hassle in mobile payment - Lots of user clicks,Insecure and lagging

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. 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. 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. The Scope
Market Size
Ease the payment process &
revenue’s made almost is
invincible

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. 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. 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. 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. Competitors
Momoe | QR-Pay | Zapper

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. 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. #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. Flipay
Scan and Pay - Simpler,Faster and Secure