Wax'd aims to become the fastest, safest, cheapest and most convenient payment method in the world. The application facilitates both mobile and online transactions between customers and merchants using the customer’s mobile phone as the payment device. It processes mobile and online transactions using the existing banking infrastructure at a fraction of the cost charged by current card systems and competitors. It facilitates peer-to-peer (P2P) payments and transfers.
Based on our field research and technical brainstorming we proposed the following stack for the product development