Our client is a large IT company with about 24,000 employees on board. The customer provides software development and IT consulting services for businesses and organizations from 90+ countries.
Detailed information about the client cannot be disclosed under the provisions of the NDA.
Our client was selected as a general contractor to run a government project to digitize the payment and banking systems of a small country. The major project objective was to create a reliable, secure, transparent, and easy-to-use software infrastructure for instant electronic payments within the country. Thus, the end customer, a government financial regulator, intended to reduce the amount of hard cash used, increase the country’s investment attractiveness, lay the foundation for developing financial institutions, and provide a better customer experience for citizens of the country and tourists.
Since it was vital for both the customer and us to ensure a rich user experience, we designed the mobile solution with a variety of must-have features and functional capabilities.To start using the application, users must link their bank cards, specifying the bank name, account number/card credentials, and going through the user verification procedure. Users can link an unlimited number of cards from different banks, both regional and foreign.
Having passed the identification process, users can replenish their electronic wallets and make instant electronic payments and money transfers. Users can set up automatic e-wallet replenishment on specific dates. Also, Innowise Group’s team has integrated a Smart Addressing System that allows app users to perform financial operations quickly and safely.
Our development team has enriched the application with wide payment settings. For example, a Smart Bill Payment system allows users to set automatic e-payments (rent, insurance, sports, tax bills, etc.) for selected dates, set up notifications on upcoming payments, monitor statistics, receive reports on bill value changes, etc. Also, individual and business users can transfer money within the application (account to account) using the recipient’s account number, phone, or email.
To make the app user experience more engaging, we enriched it with personal budgeting functionality. Thus, app users can check comprehensive statistics on incomes and outcomes in visualized form (graphs, charts, and diagrams). Moreover, they can set personal goals on spending optimization and set notifications not to exceed the pre-established expenses limit.Furthermore, the app supports QR code payments, stores the history of payments, provides inter-account capabilities (e.g., splitting a restaurant bill) and a notification system.
Since the end client was a government financial regulator, the customer and Innowise Group agreed to opt for the Waterfall software development model, which turned out to be the most suitable one. Nevertheless, our team used the elements of the Agile methodology in the internal workflow. All communication with the client was carried out using Microsoft products, namely Microsoft Teams.
Having elicited all the customer’s requirements and specifications, Innowise Group’s experts offered the established technology stack that could allow us to develop multifunctional, reliable, user-friendly, and secure mobile apps on iOS and Android platforms.
As the issue of personal data security and fraud protection was defined as one of the major concerns, our team implemented a multi-factor authentication system and integrated a security system using data encryption, TLS 1.2, SSL Pinning, and tools for instant checking for rooted devices.
Innowise Group successfully delivered an e-payment application ecosystem complemented by several modules and iOS & Android apps. Both our customer and national financial regulator rated the developed solution highly. They were particularly satisfied with the high level of information security, the development quality & speed, and work communication.
The resulting mobile platform was integrated with the electronic payment application ecosystem and rolled out without breaking the deadline. End-users highly praised the application due to its intuitive UI, shallow learning curve, rich functionality, and high performance.
Innowise Group was elated to participate in this project, as it, like no other, corresponds to our philosophy and mission – “We Develop the World”. We believe our professional contribution helped start the digital journey in the FinTech & banking sphere for the whole nation.
Having received and processed your request, we will get back to you shortly to detail your project needs and sign an NDA to ensure the confidentiality of information.
After examining requirements, our analysts and developers devise a project proposal with the scope of works, team size, time, and cost estimates.
We arrange a meeting with you to discuss the offer and come to an agreement.
We sign a contract and start working on your project as quickly as possible.