Finally, we presented QuidLink yesterday in the Dragons Den Pitch Event and we got good feedback from the dragons. They had some concerns at the beginning when they heard that it is a payment system but they complimented how we covered the security part which eleminated those concerns.
The great part was that the panel decided to invest in QuidLink.
This video has been made for Dragon’s Den pitch. The video explains the concept on how QuidLink works, the process of using it and how it can be used to solve payment in social network environment.
The video has been created using this website
The convenience of Electronic Payment Systems was the main reason behind their widely spread and success. However, current electronic payment systems concentrated on economic and legal aspects but lacked a very essential recent aspect, sociability. The idea behind our proposed system âQuidLink Social Payment Systemâ was to solve the problem of social payments between family and friends. The current electronic… Read more →
The ability of sharing the transaction with one or more user as shown : Option to ask for permissions before execution, this particularly will help the users who have public Facebook pages or whom afraid the link will be clicked by someone whom they don’t know. This feature will notify the money requester with the details of the payer, if… Read more →
Introduction ——————————– The prototype has been update according to the latest mock-up here The rectifications are:- 1. Removing Card Type from the requester details. This should not be included for seller/requester, but itâs compulsory to be include for payer. 2. Each links should automatically be generated. By clicking the âadd transactionâ link, links should be dynamically be generated for… Read more →
Introduction —————— Based from the discussion with mentor, the should be small amendments on QuidLink mockup design and prototype. Some of the changes will be listed below: 1. Removing Card Type from the details. This should not be included for seller/requester, but it’s compulsory to be include for payer. As the payer will select the types of card that they… Read more →
As the security is very important for any online payment system, we propose to use bank grade security levels to protect the users sensitive data like credit card numbers and personal details. Therefore we will use the following: System Security 256bit SSL encryption to handle the details while it is transmitted between the client and the server. This will prevent… Read more →
99% of project has been completed, 01.05.2014 Tasks done Code Snippets Standards and Protocols Implement Prototype Privacy Policy Usability Test Video of System Prototype in Action Overview of pitch to dragons den panel
In order for QuidLink Social Payment System to do the connection between the system and the banks it needs to go through payment gateway. A payment gateway is a secure online link between the business and the acquiring bank. It is responsible of validating the customerâs card details, before collecting payment and send it to the business account. Example of a… Read more →
PCI DSS is a security standard that is used worldwide to protect cardholders’ personal information. This standard is applicable to QuidLink Social Payment System since it stores and processes the cardholder information. This standard includes requirements for security management, network architecture, software design, security policies and procedures, and other protection of customer account data. QuidLink will be use this standard… Read more →