Tag Archives: Payment System

Quick Response Mechanism Payment System using Waterfall Model (Published)

With the rise in living standards, stores are becoming larger and more diverse in their offerings. As a result, both merchants and customers are concerned about developing a simple, quick, and convenient shopping guide system. For the consumer giving credit card information, security has become a big concern. Other payment methods, such as using USSD, have numerous flaws, including lack of reliability, memory, and vulnerability to hackers. As a result, it is critical to develop a system for establishing a secure payment method. Identity theft, merchant-related scams, and customer data security are all addressed by the method. The established system also aids in keeping excellent records and tracking available products in the store, as well as product and account/transaction information.  The proposed system is the implementation of a secure operational paradigm for mobile payment based on Service-Oriented architecture and the Quick Response Mechanism.

Citation: Wumi Ajayi, Owolabi Bukola, Bello Muhammad, Adeyemi Oluwaseye  (2021) Quick Response Mechanism Payment System using Waterfall Model, European Journal of Computer Science and Information Technology, Vol.9, No.4, pp.16-27



Keywords: Life Cycle Model, Payment System, mechanism, quick response, software development, waterfall

Accounting Procedural Bottlenecks and Delay in Payment System in Tertiary Institutions in Ondo State, Nigeria (Published)

Tertiary Institutions in Nigeria have been passing through crisis which had threatened the ideals of the institutions. The issue of delay or prolong payment or refund of incurred expenditure to a member of staff of any institutions either for attending training / conferences or for the upkeep of an institutions has been a subject of discuss in recent time. Often time a member of staff is deprived of attending training and conferences which they are due for and qualified to attend either due to lack of funds or more often as a result of late approval and release of funds. The difficulty involved in accessing fund in our institutions can be ascribed to the unnecessary bureaucracy/ bottlenecks created within the system. This has undoubtedly caused a setback to the growth of our institutions. The study was carried out to find out the factors responsible for the delay and suggest ways for improvement. The study was a case study, survey design while the analysis follows the empirical causal design. Five randomly selected institutions in Ondo state were sampled for the study. 100 copies of structured questionnaires designed on a 5-point likert rating scales were distributed to the respondents. 94 copies of the questionnaires were duly filled and returned. Data obtained from the questionnaires were presented in tables and analysed with the use of descriptive statistics and Pearson Correlations. The study reveals that the delay in payment/ refund of staff entitlements was due to major management bottlenecks or bureaucracy and to a little extent a kind of constraints from the bursary and audit units.

Keywords: Accounting, Bottlenecks, Delay, Payment System, Tertiary Institutions