Integrated system for automatic payments and access to physical facilities using QR codes and a mobile application

Abstract

An integrated system for automated payments and access to physical objects using QR codes and a mobile app is characterized by the function of combining cash with a QR authorization code via SMS and the recipient's selection of the function. The system uses cash as input and the banking application as output. The function of combining cash with a QR authorization code and crediting a bank account with cash is implemented via a QR code generated using a scanner at the point of sale (by reading a token). Cash transfers between individuals occur via the use of a QR authorization code (without the involvement of a bank account). The recipient uses the token to top up their account and / or withdraw cash. The integrated system is a cash transfer model based on a QR authorization code, which is a standalone banking module.

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