idea phase
Online
opens at:
01 Aug 2017, 12:00 AM IST
closes on:
17 Sep 2017, 11:59 PM IST
hackathon
opens at:
Nov 03, 2017, 08:00 AM IST
closes on:
Nov 04, 2017, 06:00 PM IST

Overview

Hacking is building things no one has built yet. It is to come up with an amazing idea and work tirelessly on it. It is to fail, fail again and fail better. Try new things and learn while doing. It's to collaborate and be innovative. It is to create solutions the world needs.

If you love to code and can build a solution to propel the cashless challenges in India, then this is for you. Mastercard invites all developers and hackathon enthusiasts to participate in Amplitude 2017 – a hackathon. For 50 years, Mastercard has been transforming how the world pays and gets paid and Innovation is at the heart of everything we do. Mastercard takes an innovative, value-driven approach to the solutions we create and services we offer, making transactions faster, easier, and more convenient and secure.

You may build your solutions using Mastercard APIs, check out the same at https://developer.mastercard.com/apis

Code-Create-Repeat.

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Please note that you will have to fill in the details in the Idea Submission Presentation and upload it as an attachment to complete the idea submission.

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Themes

#cashlessbanoindia


#cashlessbanoindia is a campaign to create Awareness and Educate the masses about Digital Payments in India. Listen to the experts to understand the problems and develop the right solutions that can steer India towards a cashless economy.

The governments decision to demonetize the Indian currency has led to an urgent need to provide cashless solutions to consumers. Mastercard has always been an advocate for a World Beyond Cash. The need of the hour is to create a payment solution that is:

  • Easy to use
  • Simple to implement
  • Has the potential to scale
  • Flexible to modify

We seek your ideas around the following challenges :-

CREATE Metadata driven Rules Platform

Click here for more information on the challenge.

ACCELERATE adoption of Digital Payments in India

Click here for more information on the challenge.

DEVELOP Alternate Payment Forms for Merchants

Click here for more information on the challenge.

INCREASE Security on P2P and P2M transactions

Click here for more information on the challenge.

Prizes INR 3,75,000 in prizes

Few teams would be shortlisted from the Ideas submitted and will be given a chance to participate at the Offline Hackathon. The three best solutions adjudged during the Offline Hackathon would be considered for cash prizes as below.

Main Prizes
First Prize
INR 2,00,000
Second Prize
INR 1,00,000
Third Prize
INR 75,000
opens at:
Jul 31, 2017, 01:30 PM CDT
closes on:
Sep 17, 2017, 01:29 PM CDT
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