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To set up the project for the Payment App, we will start by creating a new MERN project and installing the necessary dependencies. The MERN stack consists of MongoDB, Express.js, React, and Node.js, which provide a robust and efficient development environment for building modern web applications.

Creating a new MERN project is a straightforward process. We will use create-react-app, a tool built by Facebook that sets up a new React project with a basic file structure and necessary dependencies. To create a new React project, open your terminal and run the following command:

BASH
OUTPUT
:001 > Cmd/Ctrl-Enter to run, Cmd/Ctrl-/ to comment

In order to create a new MERN project, we will use create-react-app, a tool built by Facebook that sets up a new React project with a basic file structure and necessary dependencies. To install create-react-app, we can use npm, which is the package manager for Node.js. Open your terminal and run the following command:

BASH
OUTPUT
:001 > Cmd/Ctrl-Enter to run, Cmd/Ctrl-/ to comment