DIGITAL WALLET: A REVENUE COLLECTION SYSTEM FOR LOW-INCOME EARNERS

Abstract

Revenue collection at state and local governments’ levels has been a big challenge and remains a major hindrance to the state in discharging its statutory responsibilities and economic goals in Nigeria. Automation as a means of revenue collection has been globally recognized as the most efficient, effective, economical and transparent means of revenues collection. States and local governments therefore need to improve revenue collection mechanisms and systems to reach collection targets aimed at expanding the revenue base and increasing revenue compliance through integration of proper technology for revenue collection. In this research, we design and implement a digital wallet system with central aggregation and payment solutions that cater for cashless and seamless transaction processing for informal sector with online and offline form of payment. The system has both desktop and mobile App and is designed using Java programming language. Evaluation of the proposed system shows that the system is capable of creating a centralize payment system and curb corruption and leakage that are inherent in the current manual revenue collection system.