Tedicash

Tedicash mobile app enables people to connect their bank accounts using their debit/credit card to their mobile phones and use same to make cash for credit exchanges and vice versa. The app seeks to solve many problems faced by people on daily basis such as:
1) It offers more cash amount to users than the ATM limit would allow.
2) Useful when ATM points are either unreachable or jammed with long queues.
3) Useful to businesses in retail or other cash based transactions when there is need to evacuate excess cash.
4) Useful when users are trying to make cash lodgement and the banking halls are crowded.
5) Useful when users require money in their account for online transaction and it is either a weekend, a holiday or its already past banking hours.
6) Gives users access to instant cash even when they have forgotten their ATM cards at home.

The mobile app allows users to connect with their bank accounts through their debit/credit card. Users can request for either cash or credit value through the app and select from a list of available donors within close range 1km - 50km. Two users who agree on an exchange can meet at an agreed location to engage in this. The requesting user bears the cost of the service charge for any transaction depending on the amount involved. For security, credit transfers from user accounts first arrive at our own account as holding until a confirmation is gotten from the user that cash was received successfully before the credit amount is then pushed to the account of the other user.
Users can also connect to the app to offer either cash or credit value to other users. Such users are referred to as donors and they do not incur any cost for the transaction but instead earn commission in values depending on the amount of money involved. Donors can only log into the system to begin a session with the amount they are offering and wait for another user who is in need of what they are offering to send them a request for exchange.

The app rates each users after every successful transaction and award them with star ratings to boost their profile which in turn will make them more preferable options by others in subsequent transactions. Users' identities, actual locations & account details are kept anonymous in the system unless the user chooses to reveal them either in the status update or on the chats. The app also provides bill payment services like regular bank apps. Tedicash in a nutshell offers a robust banking experience without walls.