Consumer Presented Model

Empowering Transactions: The Convenience of Consumer Presented QR Payments

The Consumer Presented Model (CPM) transforms the payment experience by enabling consumers to initiate transactions effortlessly using QR codes. In this innovative approach, customers generate unique QR codes via their mobile payment applications, presenting them to merchants for fast and secure payments.

This model not only enhances convenience but also improves transaction security by minimizing the risk of fraud. With CPM, businesses can streamline their payment processes, reduce transaction times, and elevate customer satisfaction. Embrace the future of payments with our cutting-edge CPM QR code solution, designed to meet the evolving needs of today's digital consumers.

Consumer Presented QR Payments

Process Flow Diagram

The diagram below provides a more detailed visual of the consumer presented QR payment process, mapping out each step:

Process Flow Table

The table below breaks down the Consumer Presented Model (CPM) QR code payment process into detailed steps, showing the specific interactions between the Customer, Merchant and MyXaaS:

Step	Sender	Receiver	Process
1	Customer	Merchant	Customer generates a QR code with payment details in their mobile payment app and presents the QR code to the Merchant.
2	Merchant	MyXaaS	Merchant scans the QR code, and the payment details are sent to MyXaaS for processing.
3	MyXaaS	Merchant	MyXaaS processes the payment and sends a confirmation to the Merchant.
4	Merchant	Customer	Merchant notifies the Customer of the payment confirmation.