Blockchain Development for Finance Projects

Writing a method to submit payment requests

The payment() method will submit a new payment request to the backend infrastructure. It is called when the Submit button is clicked on the Transfer screen. Let's look at the payment() method:

1. We start the method by declaring a FormData object. The details for the transaction are added to the FormData object. These include the sender's details, the receiver's details, the transaction amount and currency, and the details of the compliance documents to be uploaded. We fetch the sender's details from the state and the receiver's details from the input fields. The currency is set to USD by default, as shown in the following code block:

payment = () => { const data = new FormData(); data.append('sname',this.state.name); ...