DinarPay – This mobile application is used to capture payments by using the Libyan Dinar Card. Each Merchant will have QR code or unique Merchant ID in their shop and ANDROID / IOS app will read the QR code or user can enter the Merchant ID and then invoke the proposed Libyan Dinar Card Payment page to transfer the fund to the BANK.
The advantage for this Mobile PAY application is, the merchant not required to have their own Website / POS application. Any small vendors can implement to collect the payments.
Scope of the Project
The Scope of the project is to introduce new Payment option in the country. This concept will help SMEs eliminate the barrier and it will support to handle only LIBYAN DINAR as a medium of transaction – who has the account with relevant bank.
Also, the LIBYAN Dinar QR Card reader will work as a “DEBIT” Card Process only. It will not work as a Credit Card