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payment mode

The document outlines a project focused on the design and development of an online payment API aimed at enhancing digital transactions, particularly in the context of India's shift towards cashless payments. It discusses the growing importance of secure online payment systems, driven by increased internet usage and the need for efficient transaction methods. The project aims to provide a user-friendly API for e-commerce companies, facilitating easier and safer online transactions.
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0% found this document useful (0 votes)
4 views

payment mode

The document outlines a project focused on the design and development of an online payment API aimed at enhancing digital transactions, particularly in the context of India's shift towards cashless payments. It discusses the growing importance of secure online payment systems, driven by increased internet usage and the need for efficient transaction methods. The project aims to provide a user-friendly API for e-commerce companies, facilitating easier and safer online transactions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Table of contents

1. Chapter No. 1: Introduction 1-6

1.1 Introduction 1-2


1.2 Problem Statement 3

1.3 Objective of Minor Project 3-4


1.4 Methodology 4-5

1.5 Organization 5-6

2. Chapter No. 2: Literature Survey 7-12

3. Chapter No. 3: System Development 13-21


3.1 Design 13-15

3.2 Designing Procedure 15


3.3 Model Development 16-21

4. Chapter No. 4: Performance Analysis 22-29

4.1 Analysis 22
4.2 Results 22

4.3 Screenshots of Various Stages of Project 22-26


4.4 Results 26-28

4.5 Comparisons 29

5. Chapter No. 5: Conclusions

5.1 Conclusions 30
5.2 Future Work 30-31

5.3 Applications 31

References 32-33
Abstract

The records era (IT) has revolutionized the diverse factors of our lives; specifically it has
provided an easy way to go for digital payments. During the Demonetization period, the
government of India compelled the human beings at once or indirectly to do all industrial
transactions through virtual mode. The common people started to move from conventional
payment systems closer to virtual bills systems which ensured security, at ease and convenience.
With large technological leaps inside the clever phone and clean net access has led the
Indian market to simply accept digital bills. the proportion of the virtual payments via other
modes is likewise increasing in a sizable speed. The objective of the existing examination is to
recognise approximately the numerous types of digital price transactions which are used by the
commonplace people in their day-to-today's lives. This have a look at is mainly primarily based
on Secondary statistics. The result shows that the virtual revolution has made the cash much less
transaction and a cleaner one. As a result that in 2015-2016, a total of 4018 billion has been
transacted through cell banking whilst in comparison to 60 billion in 2012-thirteen.The reach of
cellular community, net and energy is likewise expanding digital bills to remote areas. So, it's
definitely said that the Destiny transaction device is a cashless transaction.
The widespread adoption of virtualization, microservices, and cloud-native technologies
has made API-based interaction between service entities the standard. Due to commercial needs,
many platforms still maintain a huge number of obsolete APIs. Simultaneously, many new APIs
are increasingly becoming available. If your API communicates with a third-party app, you
should be curious about how that app distributes data to the Internet. For example, you might not
be concerned about someone learning the contents of your refrigerator, but you might be if that
individual can use the same API to locate you. So, the one of the important things is to give an
attempt to have a secure adaptation of the API.

IV
1. Chapter-1: INTRODUCTION

1.1 Introduction

Patron spending via the internet is growing at a sizable fee. on-line spending these days
noticed global double-digit increase nearing 50% on a 12 months-to-year foundation, and
inside the India by myself spending is anticipated to reach $three.5 trillion in 2006 [Rob

& Opara, 2003, p. 1]. Those traits are fueled by using worldwide economic
enlargement. They can be expected to retain in the future. The boom in spending on the
net, collectively with the underlying want for comfy transactions, will increase the
significance of on-line fee structures. on-line charge systems can be broadly described
because of the means and techniques used in carrying out transactions online; however,
this description may be improved to encompass the online financial connections among
sellers, buyers, economic establishments, and intermediaries. online fee systems had been
around for numerous years, yet at the moment are becoming ubiquitous with the
increased common use of the net. a number of the advantages furnished by on-line fee
systems encompass improved coins go with the flow efficiency, guaranteed transactions,
decreased expenses, expanded protection of touchy records, and multiplied safety of the
fee provider. Given that fraud is a conventional issue with on-line transactions,
comfortable on line price structures are mainly important. In spite of the growth and
importance of on-line fee within the contemporary international economy, little
instructional literature exists in this place that integrates the disparate research streams
about online fee structures and describes their implementation. In addition, online price
approaches are largely not noted by means of conventional textbooks, but it's important
for college students to understand online payment because it represents the most
extensive shift in charge in the last hundred years.

Benefits of Global Payments Integrated’s APIs

1
Worldwide sending and receiving of money included gives strong, bendy APIs which
might be clean and fast to combine, no matter one’s dynamic approach. It decreases
velocity to mart and eases the improvement circulations of builders. I desperately wants
the potential to have a better architecture for the application program interface to have.
For instance, we have our cellular structures, we are in the position to ship, acquire, and
conceive with the application program interface without any error. Below is the working:

utility program Interface Request – on this element, the software itself sends all the
necessity records and statistics to the protected software program improvement package.

Processing of the Request – The way a charge software program interface generally
works is that an utility transmits a message request to the API, which relays it to the fee
processing community, that provides a local consumer interface for customers to pick out
or upload a payment technique, a transport cope with, a shipping option, and phone data
in an clean, fast, and cozy way, which in turn procedures the request and responds to the
API, which then relays the response to the software.

capture results - The charge software Programming Interface, additionally called the
payment Gateway API or fee Processing API, works to attach the charge option to
another, existing utility, consisting of a enterprise checkout feature, to the fee system.
Users who make purchases on the developer's app will pay without problems and
comfortably.

replica receipt and e-affirmation -The satisfactory answers we can get is the output of the
charge that we have come upon in these types of strategies as an e-confirmation.

2
Figure 1. Payment API model

1.2 Problem Statement

The Task of this project is to come up with the designing and developing the online
Payment API which will be easy to test and maintain. And the API should be able to
provide the services to the various online purchasing e-commerce companies and more.

An utility programming interface is classical records that allows two devices, databases
or programs to connect and proportion statistics. In other words, it's the language
backstage software program that makes it clean for us to do things online or with our
smartphones.

We use the API all of the time, whether or not we know it or no longer. As an instance,
when we buy airline tickets through a 3rd-party celebration tour reservation website, the
API authorizes verbal exchange between the airline and the tour company. Or if we've
got a software development kit thermostat in our domestic, the API allows
communication that allows it to modify the temperature remotely in a character room.

The Task of this project is to come up with the designing and developing the online
Payment API which will be east to test and maintain. And the API should be able
to
3

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