Our client is a prominent fintech innovator specializing in advanced payment solutions that integrate with loyalty programs. Their mission is to provide a low-cost, efficient payment method that not only processes transactions but also rewards users with loyalty points, benefiting both retailers and consumers.
The client needed an e-wallet app that could also handle high transactional volume and offer smooth payments. However, the complex API integrations with third-party services made the integration of open banking a challenge.
Softude developed an e-wallet app that supports payments directly from bank accounts. Customers can scan the QR code or pay directly from the application and add funds to their mobile wallet. Retailers can use the digital wallet to encourage customers to make cardless payments by floating promotional offers or loyalty points. They can even register multiple stores on the application to give a seamless experience to the customers.
Customers don't have to carry credit or debit cards while shopping. They can pay directly from the e-wallet app.
Open banking payments saved money on transaction fees while boosting the processing times of transactions compared to traditional methods.
Strong customer authentication (SCA) and secure APIs ensure that each transaction is safe and compliant with regulations.
The e-wallet app simplified financial management for local merchants by reducing the complexity of payment reconciliation processes.
Their team was incredibly responsive and deeply understood our needs from the start. They were proactive in addressing challenges and consistently delivered high-quality work on time. The collaboration was smooth and efficient, making the entire process enjoyable.
A healthcare firm automated accounts payable with AI, achieving 70% faster processing and 25% increased efficiency.
A multi-specialty hospital cut wait times by 60% using an AI-powered virtual agent for scheduling.
A healthcare provider reduced patient wait times by 33% using AI-powered triage to prioritize high-risk cases and streamline genetic counseling.