Money laundering is an illegal process that criminals use to cover up the origin of the money acquired from illegal businesses and make the funds look legitimate. This is done by dividing the large amount of cash into smaller amounts and deposit into bank accounts. Later the criminals will engage into fake investments or buy and sell activities to move… Read more →
In this post, we will compare our social micro-payment against similar micro-payment available in the market. SWOT analysis were used to identify weakness within competitor product, that will help us cater the objective of our product. Most of the services only focusing on transaction/sending money, but our product ‘QuidLink’ is more focus on transaction/sending money within social network. 1. Paypal… Read more →
In order to fully understand the market and develop the Social Payment System, we firstly researched the related academic works to micropayment system. From this research, we were able to learn about micropayment system efficiently and design our QuidLink social payment system. In addition, we were able to build up some example scenarios and personas, and to carry out the security anlaysis. (Kiran, 2012) [1] Related Work… Read more →