THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS

Julia Juremi1*, Mohamad Firduas Che Abdul Rani2, Cheng Ma3 1*Assistant Professor, School of Computing, Asia Pacific University, Kuala Lumpur, Malaysia. 2Assistant Professor, School of Computing, Asia Pacific University, Kuala Lumpur, Malaysia. 3Assistant Professor, School of Computing, Asia Pacific University, Kuala Lumpur, Malaysia. 1*Julia Juremi

Julia Juremi, Mohamad Firduas Che Abdul Rani, Cheng Ma. The Application of Electronic Wallet in APU Campus-- Palarch’s Journal of Archaeology of Egypt/Egyptology 17(7), 8592-8610. ISSN 1567-214x

Keywords: Electronic Wallet, , .

ABSTRACT: What technologies will have a major impact on our lives in the next decade? British magazine new scientist has selected seven techniques to explain. (Science Times, 2011) among them, mobile payment is the mainstream, which is mainly divided into remote payment and near-field payment (NFC). Among them, remote payment refers to the payment method that allows users to log in the bank's website or the client through mobile phone, such as online shopping and online ticket purchase. Near-field payment refers to the method of swiping a card with a mobile phone to take a car or buy something.

The potential for mobile payments has attracted the attention not only of operators and handset makers, but also of traditional businesses such as Banks and companies. The appeal of mobile payments is that it offers a timesaving and effort-saving method of payment for consumers, while there is a bigger opportunity to send coupons and advertising messages to potential customers through mobile payment platforms.

8592 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) It is learned that the mainstream mobile payment means in the international market include: the startup company Square swiping card model, the launch of PayPal's PayPal Here, the launch of Google's Google Wallet (based on NFC technology), Zip mark (scan to complete payment immediately) and so on. Among them, Square's swipe mode is the most concerned. (Computerworld, 2012).

Global mobile payments will total more than $171.5bn this year, up more than 60 per cent from $105.9bn in 2011, according to a report by Gartner, a consultancy. Mobile payment users will also grow by 32% to 212.2 million from 160.5 million in 2011.Gartner also expects the mobile payments market to reach $617 billion by 2016, with an average annual growth rate of 42%. There will also be 448 million mobile payment users.

INTRODUCTION With the development of the , our life has become more convenient, and e-wallets have brought a huge impact on our lives. Ten years ago, we couldn't believe what it would be like to go out without cash, and now we go out You can completely discard cash, savings cards, and bring only a mobile phone, will solve all problems.

In Malaysia, there are many different e-wallet products. Among them, Maybank 2U of Maybank, touch 'n go e-wallet and Alipay of Alibaba are the most recommended. They bind your bank card to verify personal identity information, Scan the QR code to pay. In Malaysia, there is grab pay for travel, Maybank 2U for meals, and Alipay when shopping, basically you can give up cash when you go out.

But this also has some disadvantages. Users may encounter this situation. For example, the electronic wallet that users often use is Alipay, but when they are going to a certain store and buy something, this store does not support Alipay, but supports other Payment method. In this case, it is very inconvenient for the user. If the user does not bring cash and is in a particularly urgent need, the user will reduce your product dependence and switch to registering for other different brands payment method.

In China, the most popular payment methods are WeChat pay and Alipay. No matter which city are you in, you can use these two payment methods for any consumption activity. There will not be a situation that only supports WeChat pay and not Alipay.

On the campus of APU, the main payment method is the AP card, which is used to pay all the expenses of students in the school, such as spending in restaurants, shops, paying parking fees, using the gym, and access cards.

8593 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) However, the payment process is troublesome. You must prepare cash first, and then recharge in the designated machine, or recharge at the cash register. This process is very troublesome, and the card is easy to lose. The replacement fee is RM50, and once the student card is lost, the student has no other payment methods at school, which causes inconvenience to study and life.

An electronic wallet is a prepaid account where a user can store his / her money for any future online transactions. The electronic wallet is password protected. With an e-wallet, you can pay for groceries, online purchases and airline tickets.

The e-wallet mainly contains two components, and information. This software component stores personal information and provides data security and encryption. The information section is a database of detailed information provided by users, including their name, shipping address, payment method, amount to pay, credit or debit card details.

It is estimated that there are more than 2 billion smart phone users worldwide! Many of these people carry their smart phones wherever they go, which makes e-wallets a truly convenient payment method. (Definition of E-wallets, 2020).

LITERATURE REVIEW Ambarish Salodkar (Ambarish, 2015) discusses many applications, such as Paytm, free charge, mobiquick, and more. These apps can be downloaded and used for different purposes, such as paying bills, making online purchases and topping up your phone. Some of these applications have their own portals that can perform all these tasks and more through the applications themselves. In all applications, a person must associate his or her credit/debit card number with the application to take advantage of the services provided by the application. This article also discusses the different characteristics, requirements and risks of electronic payments. The authors agree with the fact that e-wallets allow users to enjoy a comfortable, convenient shopping and payment platform in the shortest possible time. Pinal Chauhan (chauhan, 2015) explains how electronic wallets make money transactions less cumbersome for users.

People using mobile apps simply pay at the point of sale after purchase. Autor also introduces server-side and client-side e-wallets. The encryption algorithm is used to provide secure transactions. Even after disadvantages such as interoperability, the advantages still outweigh the disadvantages. Roopali et al. (Roopali Batra, 2016) studied how to regard payment digitalization as a blessing for a country's economic growth. The authors also provide an in-depth analysis of adoption patterns, how people react and adopt digital

8594 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) wallets. In his analysis, he concludes that the number of users who have developed the habit of trusting and using digital wallets has increased dramatically. It is found to be a more convenient and time-saving method of payment. It also details India's top five digital wallets. However, security questions remain unanswered. People feel helpless when conducting international transactions. There are many security mechanisms to be explored to make trading foolproof. Trilok Nath Shulka (Shukla, 2016) says that with the advent of technology, smartphones have caught the attention of many customers. By using a smartphone, people can use Web applications more easily and more frequently. It has become a convenient platform for users to send money in a fraction of a second. These credits go to various government agencies that have inspired and empowered people to use smartphones, and this is how people contribute to digital India. Telecoms companies have also helped by offering 3G and 4G technology to speed up transactions. The author also discusses four types of electronic wallets in India: open, closed, semi-open and semi-closed. He also stressed that companies should offer certain types of coupons, cash refunds and gifts to promote the use of my wallet among users. More applications for the m wallet have yet to be discovered.

Pawan Kalyani (Kalyani, 2016) focuses on the USES, scope, advantages and disadvantages of virtual wallets in India. He also suggests adopting the technology in the shortest possible time. He divides virtual wallets into four categories: open wallets, semi-open wallets, closed wallets and semi-closed wallets. He also focused on the problems and challenges the wallet company was working on. The main concerns are data security, phone batteries, dispute resolution, market penetration and user acceptance. Technology must go a long way to educate people to increase their customer base. The author's lecture compares transactions in the ancient and modern world. In the early days people used barter systems, then people started using cash, and now most people are using mobile devices. Nowadays, people pay with credit CARDS, debit CARDS and m wallets. The authors also discuss the advantages and risks associated with electronic money, as well as the types of electronic wallets. Modern transactions use automated teller machines, debit and credit CARDS, NEFT and m-wallet. According to a survey conducted by the authors, the main purpose of e-wallet is to recharge and pay bills. It will take a lot of effort to make the public aware of the importance and simplicity of using electronic wallets to perform various operations. Hem Shweta (Rethore) points out that smartphones have spread throughout the market, and people are now making all kinds of payments on their phones. He also discusses the challenges facing users. Customers, Banks and financial institutions have all benefited from the use of digital Wallette-savvy customers are growing at a tremendous rate.

8595 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) MATERIALS AND METHODS The System Development Methodology RAD means that a software development methodology that plans with a minimum of effort and gets things done quickly. Planning for software development with RAD goes hand in hand with writing the software itself. It can often make software faster to write and easier to change requirements without a lot of upfront planning.

In rapid application development, structured and prototyping technology is used to define the user's requirements and design to develop the process of the running system development will end up in a structured technology development preliminary data model as a start, the next stage will through the prototype to test demand and improve the data and the iterative process model to repeat these stages until get "enough to construct the new system and includes business requirements and technical design report" (UNDERSTANDING THE RAPID APPLICATION DEVELOPMENT MODEL, 2020).

The Advantages of the RAD Model The rapid application development model helps reduce the risk and effort required for software developers.

This model can also help customers quickly review projects.

This methodology encourages customer feedback, which always provides scope for improvement on any software development project.

Disadvantages of the RAD Model This model depends on strong team and individual performance to clearly identify the exact needs of the business.

It applies only to modular systems that can be built using this approach.

This approach requires a team of skilled developers and designers, but it may not be feasible for every organization.

8596 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) This approach is not suitable for developers for small budget projects because modeling and automated code generation are very costly.

RAD will allow for accurate, realistic, and rapid evaluation of progress. It also shortens development cycles, reduces project risk, makes it easier to transition from one system to another, reduces manual coding and could receive customer feedback, while having the flexibility to make any changes. The 5 essential stages of a RAD model

1. Business Modelling Information flow will be recognized between the different business functions.

2. Data Modelling The quality of each data group is carefully examined and given an accurate description.

3. Process Modelling Adding, removing, or changing the data objects are also created during this phase.

4. Application Generation The data models created are turned into actual prototypes that can be tested in next step.

5. Testing and Turnover The Testing and Turnover stage allows for reduced time in the overall testing of the prototypes created. Every model is tested separately to identify and adapt the components quickly to create the most effective product.

The Information Gathering Method The main research problem that developers aim to solve by collecting data from users is to identify potential users who are more likely to use which features in the system to turn on, and to solicit comments and Suggestions, which are important for the system. The questionnaire was chosen because it allows faster collection of data from larger data sets. Therefore, this can be used to help developers understand user needs. The survey will send at least 30 Google questioners to users of various backgrounds in order to obtain objective data for application development. The data collection can be displayed using different ICONS to make the survey more intuitive for the developer. Charts will be used to analyze quantitative data.

8597 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

8598 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

8599 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

8600 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

RESULTS AND DISCUSSIONS Analysis of Data Question 1 What is your gender?

A total of 31 people participated in the survey, of which 64.5% were female and 35.5% were male.

Question 2 What is your age group?

Among the questionnaires distributed, the age group was the most in the 20-30 age group, accounting for 77.4% of the total, and the rest were under 20 years old, accounting for 22.6%.

Question 3 What is your nationality?

Of the questionnaires distributed, 27 were Chinese, accounting for 87% of

8601 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) the total. The remaining two were Japanese, one Korean, and one Kazakh.

Question 4 Which school are you study in?

Among the questionnaires distributed, there were 16 APU students, accounting for 51.6% of the total, followed by four UCSI students, three from UPM, two students from SEGI university, and two Limkokwing university students. The remaining two did not read the title requirements clearly, and wrote the school name as the professional name, one was an MBA student, and the other was an IBM student

Question 5 Which payment method do you prefer in daily life?

Among the questionnaires distributed, most like to pay by credit card or savings card, 64.5%, in fact, are electronic wallets and cash, the least like , only 6.5%

Question 6 Do you use e-wallet in your daily life?

8602 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

In this question, most people like to use electronic wallets, accounting for 74.2% of the total, and the remaining 25.8% do not like to use electronic wallets.

Question 7 Which e-wallet do you prefer?

Among the respondents, due to the majority of Chinese people, the user base of Alipay and WeChat pay is much larger than that of Boost, Touch'n Go e-wallet and other payment methods

Question 8 What do you mainly use electronic payment for?

Among the respondents, the people who like online shopping are the most, accounting for 80.6% of the total, followed by life pay cost and game top-up, while mobile phone recharge, financial management and others are the least.

Question 9 Do you like electronic payment?

8603 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020)

Among the respondents, 80% still like e-wallets, 10% of them remain neutral, and 10% do not like e-wallets

Question 10 Do you trust electronic payment?

Among the respondents, most still trust the security of the e-wallet, accounting for 74.2% of the total, 22.6% of people are neutral, and the last 3.2% still distrust the e-wallet

What do you think the advantage of electronic Question 11 payment?

The convenience, speed and simplicity of the e-wallet were loved by the majority of respondents.

8604 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) What do you think the disadvantages of electronic Question 12 payment?

Too much additional charges were the least favorite among respondents, accounting for 46.7% of the total. Question 13 Which of the following situations have you encountered?

Among all the interviewees, 56.7% never encountered any problems, and the attitude of is the most opinions, followed by the account cannot be logged in and the transfer speed is slow, and the next is the theft of money.

Question 14 How much is the monthly consumption by using electronic payment?

Among all respondents, 45.2% of people use e-wallets to spend between 3000-5000 per month, 22.6% of people use e-wallets to spend between 1,000-3000 per month,

8605 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) and 19.4% of people use e-wallets Less than 1,000, 12.9% of people use e-wallets to spend more than 5000.

Question 15 Does your school have a special e-wallet

According to the survey, 64.5 respondents do not have an e-wallet available for students in the school, 9.7% are not sure whether it is available, and 25.8% of the respondents are disadvantaged that the school has an e-wallet for students

Question As a student, do you wish your school could set up a special 16 electronic wallet to meet your daily consumption?

According to the above chart, 80.6% of the respondents support the establishment of an e-wallet by the school, while 12.9 %respondents do not support it, and 6.5% of respondents remain neutral. Most of the respondents supports e-wallet due to they might already aware of the advantages and the easiness in performing the transaction while those who disagree might be because they are not really aware of how e-wallet system works.

8606 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) Question As a parent, do you want the school to set up an electronic 17 wallet so that you can easily know the life of your child?

According to the above chart, 77.4% of the respondents support the establishment of an e-wallet by the school, while 12.9% of the respondents do not support it, and 9.7% of the respondents remain neutral

Question If the school wants to develop an electronic wallet, what 18 function do you think is most needed?

Based on the answers given by the respondents, they are summarized as follows 1. Users prefer top-up more convenient, preferably on mobile phones, and hope parents can top-up for their children. 2. User prefer to check any payment details 3. Users prefer a security system 4. Users prefer to something function about daily life, like order food

8607 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) delivery, by movie tickets, or top-up for games. 5. Users prefer more discount.

Question Do you prefer to develop a standalone app or a function 19 insertion to the school official application

According to the table above, 71% of respondents prefer a standalone application, the 29% of respondents prefer an insertion to the school official application.

Question If a campus-based electronic wallet were developed, would 20 you use it?

According to the responses of the respondents, more of them wanted the school to establish an e-wallet, accounting for 74.2% of the population. 16.1% don’t want it, while 9.7% are still waiting

8608 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) CONCLUSION I designed this electronic wallet APP based on campus mainly for the convenience of students' life. With the development of science and technology, various electronic wallet products emerge in an endless stream. As for a student, I need live in campus for 4 years, and the campus based e-wallet can pay tuition, shop on campus, pay for retake and pay for school restaurant.

REFERENCES 5 more commonly used open source web servers. (2018, 8 9). server.zzid: https://server.zzidc.com/fwqfl/2660.html Chandrayan, P. (2018, 11 27). Programming Language TOP 3. INFOQ: https://www.infoq.cn/article/wUi_vLylNVJmtr9VhefP CHUAN, X. (2015, 6 12). Microsoft's Billion Device Ambition. Retrieved from INFOQ: https://www.infoq.cn/article/2015/06/windows-10 Computerworld. (2012, 11 26). p. version 005. Dai XL, G.J. (2004). Three Kinds of E-wallet for Netpay Micro-payment System. International Conference on Web Information System Engineering, pp. 3306: 66-77. Definition of E-wallets. (2020). The Economic Times: https://economictimes.indiatimes.com/definition/e-wallets Duan Changming, X.Q. (2008). Research on Fair Trading Protocol Based on Electronic Wallet. Computer Engineering and Design, pp. 29(4): 865-867. Ebringert, T.Z. (2000). Parasitic Authentication to Protect your E-wallet. Compuer, pp. 33(10): 54-60. Kim DK, R. (2013). Dsign of Mdauthentication and Privacy form Obile Micro-payment based on NFC. Korea Navigation Institute, pp. 17(1): 47-55. Lin, C.H. (2008, 7). Asecure Mobile Electronic Payment Architecture Platform for Wireless Mobile Networks. IEEE Trans Wireless Commun, pp. (7):2705-2713. Lixi, Zhu Wei, HE Mingxing. (2010). Secure remote Mobile Payment Architecture and Application. Proceedings of 2010 International Symposium on Computer, Communication, Control and Automation, pp. 487-490. Mjolsnessf, R.M. (2003). Online Wallet System with Decentralized Crednential Keepers. Mobilenetw & APPL, pp. 8(1): 87-99. Paisabazaar. (2016, 12 26). paisabazaar.com. 7 advantages of using a mobile wallet: https://www.paisabazaar.com/financial-planning/7-advantages-of-usin g-a-mobile-wallet Rivest Rl, S.A. (1997). Pay Word and Micromint: Two Simple Mircro Payment Schemes. Security Protocols Workshop, 1189: 69-87. Science Times. (2011, 7 14). p. A03.

8609 THE APPLICATION OF ELECTRONIC WALLET IN APU CAMPUS PJAEE, 17 (7) (2020) Top 12 Software Development Methodologies & its Advantages / Disadvantages. (2015, 4 15). TatvaSoft: https://www.tatvasoft.com/blog/top-12-software-development-method ologies-and-its-advantages-disadvantages/ Understanding the Rapid Application Development Model. (2020). The App Solutions: https://theappsolutions.com/blog/development/rad-model/ Wang Hongxin, Y.D. (2013). Online mobile payment model and protocol with simplified terminal authentication. Computer research and development, pp. 50(2): 291-301. Zhang Yanchao, F.Y. (2007). Asecure Authenticatioan and Biling Archiecture for Wireless Mesh Networks. WIRELESSNETW, pp. 13(5):663-678. Zhao Qin, W.B. (2012). Authentication and authorization model of wireless network based on identity encryption system. Journal of Yangzhou University, pp. 15(4): 27-28.

8610