Online Easy monthly installment system

Our project titled "Online EMI System" which means Online Easy Monthly Installment System is an E-Commerce website. As we know that e-commerce websites are used to buy or sell products online by sitting at your home anywhere in the world. Our project is same but the

Project Title

Online Easy monthly installment system

Project Area of Specialization

Shared Economy

Project Summary

Our project titled "Online EMI System" which means Online Easy Monthly Installment System is an E-Commerce website. As we know that e-commerce websites are used to buy or sell products online by sitting at your home anywhere in the world. Our project is same but the difference was that people can buy different products online by sitting at their home anywhere in the world on easy installments and also on net-cash payment as they want. After that product is delivered at their door in some days after processing.

EMI is a system which we embed in our project for calculating installments for customers. Customer can firstly select how much advance payment they gave. Secondly, they can select in how many months they complete their installments. After that, emi can automatically calculate to tell the customer that how much they can pay every month to complete their installments.

We can also include easy and simple payment method in our project for customers. EasyPaisa & Jazzcash are the payment methods of our project. We consider  this payment method because mostly people belongs to backward area don't know how to pay through credit cards, banks etc. EasyPaisa & JazzCash are the common payment methods that are used in our country and mostly every person is aware of it.

Customer can visit our website choose product which they want and then add that product to cart, After that if he/she is not register then firstly they can register to our website and then login. After successful login go to cart buy that product select emi plan according to them and go to EasyPaisa or JazzCash agency to pay advance payment after that confirm payment at our website. After some days our team came to their home address which they provided for document verification if they are buying product on EMI. After successfull verification product is finally delivered to their home in 2-3 working days and they can pay their remaining installment on 15th of every month to complete/clear their payments. 

Project Objectives

Our project objective is that we can make such type of E-Commerce website that can allow customer to buy every product online on EMI(Easy Monthly Installments) because their are some people who can't afford to buy such products on net-cash payments and that is the platform on which they can buy products easily.

Secondly, another objective of our project was that their are mostly people who belongs to backward areas and thay are unware of such payment methods like credit cards,banks etc that's why we can embed easy and simple EasyPaisa or JazzCash payment method because mostly people are using this all the time and they are aware of it. 

Project Implementation Method

Our project is implemented because existing related projects have some problem like having no installment system and also no such type of payment methods like EasyPaisa or Jazzcash.

Benefits of the Project

Our project main benefits were that customers/people can buy different products online by sitting at their home anywhere in the world on Easy Installments rather than on net-cash payments. if they want to buy products on netcash then this option is also available selection depends on customers. Another benefit is that people who have no credit cards or bank accounts can also pay on our website because we can add EasyPaisa & JazzCash payment method.

Technical Details of Final Deliverable

Customer can visit our website choose product which they want and then add that product to cart, After that if he/she is not register then firstly they can register to our website and then login. After successful login go to cart buy that product select emi plan according to them and go to EasyPaisa or JazzCash agency to pay advance payment after that confirm payment at our website. After some days our team came to their home address which they provided for document verification if they are buying product on EMI. After successfull verification product is finally delivered to their home in 2-3 working days and they can pay their remaining installment on 15th of every month to complete/clear their payments. 

Final Deliverable of the Project

Software System

Type of Industry

IT

Technologies

Shared Economy, Others

Sustainable Development Goals

Decent Work and Economic Growth, Industry, Innovation and Infrastructure, Partnerships to achieve the Goal

Required Resources

If you need this project, please contact me on contact@adikhanofficial.com