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mCard – Cashless Payment

 
1.
    What is mCard ?
 
    The mCard can be used in place of cash in a campus and defined area for purchasing. In a campus, it could be used for fee payment, in the canteen and in stores. The solution includes a PoS (point of sale) with options of biometric authentication, wireless or wired connection to server and user database.  
   

Other key features:

 
 
mCard limit can be configured as required.  
 
    An alert message could be sent to mobiles on expenses of particular nature.
 
 
Statement can be generated as required.  
 

The mCard usage is explained in the following diagram

 
 
 
     
  Advantages  
     
  Advantages of mCard in educational campuses  
     
 
For the management
For the parents
Easy way of managing various cash transactions in the campus
Details of purchases made by their children
Authorized selling and buying in the campus
Complete control on the priority of the purchases
 
     
  Advantages of mCard in Malls  
     
 
For the Businesses
For the people
No burden of paying by cash
Easy purchase and no need to carry cash
Potentially more business
Better security than traditional payment system
 
     
  Other Sample Applications  
     
 
Toll gate payment
Medical cards
Resort / Ski Area
Loyalty scheme
Discount cards
Gaming
 
     
 
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