Scheduled Maintenance Notice: Our website will undergo scheduled maintenance on 19th and 20th November, 2024. During this period, some services may be temporarily unavailable. We apologize for any inconvenience and appreciate your understanding.
blog

Difference between QRPay - User, Agent and Merchant

In the QRPay system, there are three main roles: User, Merchant, and Agent. Each role has specific functionalities tailored to their needs and interactions within the system.

  1. User:
    • Send Money Through a QR code
    • Users can initiate money transfers by scanning QR codes provided by recipients.

    • Money Receive Through QR code
    • Users can receive money from others by displaying their own QR code for scanning.

    • E-wallet
    • Users have access to an electronic wallet within the system to store funds securely.

    • Money Deposit
    • Users can deposit money into their e-wallet either manually or automatically through designated channels.

    • Withdraw Money
    • Users can withdraw funds from their e-wallet manually or set up automatic withdrawals for convenience.

    • Remittance Solution
    • Access to remittance services for sending money domestically or internationally.

    • Bill Pay
    • Users can pay various bills such as electricity, gas, telephone, internet, and government bills directly through the platform.

    • Make Payment (to Merchant)
    • Users can make payments to merchants for buying product.

    • Mobile TopUp
    • Facility to top up mobile phone credits directly through the QRPay system.

    • Pay link
    • Users can generate payment links that customers can use to make payments via Stripe.

    • Real-time Statement
    • PayLink Feature Access to real-time transaction statements for monitoring purposes.

    • PDF Statement Download
    • Ability to download transaction statements in PDF format for record-keeping or auditing for PayLink Feature.

    • Request Money from Users
    • Users can request money from other users within the system.

    • Single Currency
    • All transactions are conducted in a single currency, ensuring uniformity and ease of use.

    • Manual Payment Gateway
    • Support for manual payment processing for added flexibility.

    • Automatic Payment Gateway
    • Automated payment processing for seamless transactions.

    • Multiple Automatic Payment Gateway
    • Ability to integrate with multiple automatic payment gateways for enhanced transaction processing options.

    • KYC Verification
    • Users undergo Know Your Customer (KYC) verification to ensure compliance and security.

    • 2FA Security
    • Enhanced security with two-factor authentication using Google Authenticator for user authentication.

  2. Merchant:
    • Receive Money by User
    • Ability to accept payments from users for products or services.

    • Pay link
    • Merchants can create payment links that customers can use to make payments via Stripe.

    • Withdraw to Super-admin
    • Merchants can withdraw funds manually or set up automatic withdrawals to a designated super-admin account.

    • Single Currency
    • Operates in a single currency for transactions.

    • Manual Payment Gateway
    • Support for manual payment processing to cater to specific needs.

    • Automatic Payment Gateway
    • Automated payment processing for efficient transactions.

    • Multiple Automatic Payment Gateway
    • Ability to integrate with multiple automatic payment gateways for enhanced flexibility.

    • KYC Verification
    • Merchants undergo KYC verification to ensure compliance and security.

    • 2FA Security
    • Utilizes two-factor authentication (2FA) with Google Authenticator for added security.

  3. Agent:
    • Send Money
    • Agents can initiate money transfers to other agents within the system.

    • Receive Money
    • Agents can receive money from users for various transactions.

    • Remittance Send
    • Access to remittance services for sending money domestically or internationally.

    • Withdraw
    • Agents can withdraw funds manually or set up automatic withdrawals for convenience.

    • Money In (Agent to Users QRPay E-wallet)
    • Agents can deposit money into users' QRPay e-wallets.

    • Bill Pay
    • Agents can facilitate bill payments for users, including utilities and government bills.

    • Mobile TopUp
    • Ability to top up mobile phone credits directly through the QRPay system.

    • My Senders (Saved Sender)
    • Access to saved sender information for streamlined transactions.

    • Recipients (Saved Recipients)
    • Access to saved recipient information for efficient money transfers.

    • Single Currency
    • Operates in a single currency for transactions.

    • Manual Payment Gateway
    • Support for manual payment processing to cater to specific requirements.

    • Automatic Payment Gateway
    • Automated payment processing for seamless transactions.

    • Multiple Automatic Payment Gateway
    • Ability to integrate with multiple automatic payment gateways for enhanced flexibility.

    • KYC Verification
    • Utilizes two-factor authentication (2FA) with Google Authenticator for added security.

Note: Each role within the QRPay system is equipped with specific functionalities tailored to their responsibilities, ensuring smooth financial transactions, security, and convenience for users, merchants, and agents alike.

Share This Post