Fatal error: Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 8.0.0". You are running 7.4.16. in C:\Users\Vinay sh\p1\chintamoney-web\vendor\composer\platform_check.php on line 24 code example

Example: Fatal error: Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 7.3.0". You are running 7.2.19. in C:\php\largon\laragon\www\medmazza-simple-master\vendor\composer\platform_check.php on line 24

composer install --ignore-platform-reqs