Digital Wallet App and Website

Executive Summary:

Our proposed digital wallet app and website aim to create a secure, user-friendly platform for online payments, bill payments, and money transfers. The platform will enable users to store their credit/debit card information, pay bills, transfer funds, and make purchases from the comfort of their homes. Our goal is to create a one-stop-shop for all kinds of digital transactions.

Background:

Digital wallets have gained popularity over the years, providing a safe and convenient mode of payment for millions of people worldwide. A digital wallet is an electronic device or app that stores payment information, enabling users to make online purchases, transfer funds, and pay bills. Digital wallets provide an alternative to cash transactions, eliminating the need for physical wallets or carrying cash.

Objective:

Our objective is to create a user-friendly digital wallet platform that enables users to store their credit/debit card information, pay bills, transfer funds, and make purchases securely. The platform will be accessible via the website and mobile app, ensuring that users can access their digital wallet anytime and anywhere.

Features and Functionality:

The digital wallet website and mobile app will include the following features and functionality:

Payment gateway integration to enable users to make online purchases securely.
Bill payment functionality to enable users to pay their bills, including electricity, gas, and water bills.
Fund transfer functionality to enable users to transfer funds to other users or bank accounts.
Mobile top-up functionality to enable users to recharge their mobile phones.
Card management functionality to enable users to store and manage their credit/debit card information.
Transaction history to enable users to view their past transactions and receipts.
User profile to enable users to manage their account information and preferences.
Customer support to provide users with assistance and support.

Technology Stack:

The digital wallet website and mobile app will be developed using the following technologies:

Website: HTML, CSS, JavaScript, React, and Node.js.
Mobile app: React Native and Node.js.
Database: MongoDB.
Payment Gateway: Stripe.
Cloud Hosting: Amazon Web Services (AWS).

Marketing Strategy:

To attract users, we will use various marketing channels, including social media, email marketing, and paid advertising. We will also collaborate with influencers to promote the platform and leverage search engine optimization (SEO) to improve the website’s visibility on search engines. Additionally, we will partner with banks and financial institutions to offer exclusive deals and promotions to our users.

Conclusion:

Our proposed digital wallet platform will provide users with a secure, user-friendly platform for online payments, bill payments, and money transfers. We believe that our platform will revolutionize the way people make digital transactions and provide a seamless experience to our users.

Roles involved in this project

Role	Responsibilities
Product Owner	Represents the business and stakeholders; responsible for defining project goals and requirements; owns the Product Backlog
Scrum Master	Facilitates Scrum events and processes; removes obstacles; ensures the team is working efficiently and effectively; acts as a servant-leader
Development Team	Responsible for developing and testing the system; works collaboratively to complete each Sprint; self-organizing and cross-functional
UX Designer	Responsible for creating the user experience design for the system; works with the Product Owner and development team to ensure that the design meets the project goals and requirements
Software Tester	Responsible for testing the system to ensure that it is functioning correctly and meets the project goals and requirements
Security Analyst	Responsible for identifying and mitigating security risks for the system; works with the development team to ensure that the system is secure
Project Manager	Responsible for managing the project’s scope, schedule, budget, and resources; communicates progress and status to stakeholders