Personal Wallet Agent for Optimized Financial Control

Project background 

Now when cash and plastic are in the past, e-wallet agent development is gaining markets. The shift in the retail sector has led to a huge uptake in digital wallets, especially in the UAE, which is aided by a highly conducive environment for innovation. The UAE is spearheading this field in the Arab Gulf region.

Needless to say, Covid-19 has helped lift digital wallet uptake big time in the Arabian Gulf, especially in the UAE, as customers increasingly opt for cashless, contactless transactions. Our customer is a fintech startup with the main focus on innovative smart solutions for daily financial operations.

The company initiated an evolution of trusted online financial transactions and facilitated all forms of digital money transfers for end-users.

The idea behind this e-wallet agent app development project was to combine the best fintech app practices in contactless transactions in one web and mobile solution, boost its security, and provide end-users with an innovative digital experience.

Business needs

– To create a unique, stable, scalable, and secure high-load mobile wallet platform;  

– To be able to add new features to the e-wallet app without downtime and risk for initial solution architecture; 

– To have a solution for the web, and Android and iOS platforms;  

– To finish the MVP development of the product for investors. 

Product features

1. Connect different bank accounts
2. Add money to an account
3. Secure money transfers
4. Contactless payments via NFC
5. Real-time analytics
6. Push notifications
7. Geolocation
8. Data synchronization

Solution

Our development team conducted a profound discovery phase and offered the design of a web app and two mobile apps for Android and iOS platforms. The system includes the collection of different web and mobile interfaces for use by different entities: admin, merchant, and customer.

In our e-wallet agent customization, we used NFC for contactless payments since the main app idea was to quickly transfer money without filling in bank details fields.

– Discovery sessions: analysis and estimation

– Creation of technical documentation

– UI/UX design for all platforms

– Prototypes and MVP

– Custom software development

– Software testing

– Product support

Our technology stack

• Android, Kotlin
• iOS, Swift
• HTML
• NFC
• SASS/SCSS
• Docker
• Git
• GitLab

Key achievements delivered

1. We conducted the discovery phase with market research and created tech documentation for the project
2. We analyzed and implemented all the e-wallet apps best practices
3. We paid extra attention to transactions security
4. Our team followed agile development, making it possible to add new features to the project flow with no risks
5. We provided secure digital wallet agent development for web and mobile platforms
6. We created several working prototypes of the product so the client could present them to the investors and receive the next round of investment