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Problem
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Cash payments are slow and inconvenient. Have to keep cash-in-hand for paying ata store. Cards typically includeswiping and providing aseparate identification andaffixing a signature.
Since a credit card need to be present, there’s
likelihood of a stolen number or other details which can fall into
wrong hands. Carrying around large amount of money is risky.
Purchases can be tracked and others can get personal details.
A Secure Cloud-Based NFC Mobile Payment
Solution
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Tapiko• Make payments at your favorite
restaurants, theatres etc with just a tap and a click
• You no longer have to wait in line to pay.• You don’t have to carry around cards or
cash.• Your cards and money stay safe with you.• Get promotional and other coupons and
discounts for your favorite restaurants• Split the bill with your friends easily.
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1. Add money to mobile wallet or pay directly using net banking
2. Tap or scan QR code at partner stores. Multiple taps by different people shares the bill among them.
3. Review the bill and tip and click to pay.
Market Validation
651+
millionSmartphone users in
India by 2019 *
10+million
Restaurants, theatres etc in India in 2014 #
6• study by networking solutions giant Cisco• Taking a reasonable growth rate and extrapolated on HVS International and FHRA census
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Business Model
1. We provide commission free transactions in the beginning until we generate a big enough user base.
2. On reaching our user base targets we will include a small transaction fee to the partner store.
3. We will also generate money by promoting a partner store, using attractive coupons and offers for the user, while they are near the store, using location services.
Competition /Advantages over these
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Our app is not restricted to a single platform such as iOS
ICICI Tap n PayTap n pay requires a
tag to be carried around. Our app
requires only your smartphone.
Team
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Engineering and Design
Marketing and Sales
Governance Product
We have worked on multiple projects and competitions together and that has helped to identify our talents. Each of us is strong in our own fields and together our team can get
anything done.