Ovatoyu is a payment app and digital wallet, allowing users to send and receive money easily with the use of QR Code without using cash. It is also a super-app, meaning that it also has countless other features that allow users to create e-store, create and scan QR Code, Sell and Buy, get a credit card and even order logistic services.

The Ovatoyu Order Code Payment enables merchants and customers a smooth payment experience. To initiate a payment, the merchant generates a QR code with the order information for customers to scan. After scanning the code, the customer can check the order information before completing the payment.

Customers scan a dynamically generated QR code, and the transaction QR code payment solution is activated. Customers simply need to scan the QR code provided in the merchant's device and enter the password to complete the payment, no need to specify the payment amount.

Ovatoyu QR Code payment also support instant offline payment solution for the in-store checkout. This payment solution enables merchants to collect money by scanning the QR code that is shown on a customer's Ovatoyu wallet app.

• Security risk of bank transaction

• High cost of acquiring point of sale (POS) terminal

• Bank transactions process are slow and rigorous

• Processing cost

• Integration issues

• Accept Payments

• Global Payments API

• Hosted Checkout

• Virtual Accounts

• Payment Links

• Virtual Terminals

• Accept Payments In-Store

• Merchant QR Code

• Special QR Code Sticker

• Send Payouts

• Issue Cards

• Plugins & Integrations

• Logistic service

• E-store

The business idea is to establish a payment system that is going to make a simple, safe, fast, and secure payment system, through the use of QR Code.

There are many other payment companies out there, trying to offer solution to this challenge, but what makes this a more unique approach is that the company would not only focus on payment system, but we also offered other services like logistic assistance and e-store that can enable merchants to carry out their businesses activities successful.

1. To make it easy to do business anywhere

2. To provide simple, safe, and fast payment solutions to our customers

3. To enable businesses and individuals to do business anywhere in the world

There are many other payment companies out there, trying to offer solution to this challenge, but what makes this a more unique approach is that the company would not only focus on payment system, but we also offered other services like logistic assistance and e-store that can enable merchants to carry out their businesses activities successful.

What makes this platform even more interested is the special QR Code sticker terminal for merchants, and business opportunities we offer between the small and medium enterprises and their target customers. Physically it is not necessary to carry cash with you or have a physical contact with others before performing tasks that are requested by the customer. Regarding our Logistic and E-Store, it’s possible to meet, discuss, and negotiate terms of an agreement through online. All of the deliverables are digital in form and thus possible to deliver globally, making this business idea one that is unique in scope and has the added benefit of being location independent.

Ovatoyu will be targeting its efforts towards Supermarkets, SMEs, Churches, Schools, Restauranters, Travelers, Hospitals, Transportation service providers. Regarding locations to focus on, we are going to focus our strength on West Africa, thereby expanding to the entire region of Africa and the world at large as the brand and opportunity arises. Due to the nature of our services, physical location is no longer an obstacle for doing international business. If the opportunity arises, Ovatoyu will evaluate accordingly, but we are intentionally targeting African region initially so as to build up credibility and a portfolio.

The aim of our company is the satisfaction of our user’s experiences and to ensure they receive a positive encounter with Ovatoyu and that real results are delivered as we promised without excuses. Moreover, the company aims to have a good rapport with our users, so as to have referrals from them to new potential customers, thereby increasing awareness in a more organic way.

1. Merchant present a QR code

2. Customer open Ovatoyu app and scan

3. Customer input payment total and authorize paymen

4. Both Merchant and Customer receive payment confirmation

5. Merchant hand over the goods to the customer