Background

Worldwide payment transfers. Send and receive funds globally and over 12 currencies, get international & local account details, issue virtual and physical cards. Instantly top up your account and enjoy all-in-one payment management solution

Challenge

• Support withdrawals in EUR, CAD, GBP, and USD to the UK, USA, Canada, UAE, and Ukraine.

• Enable international and local fund transfers to bank accounts.

• Users' accounts hold funds in 10 currencies, including the above.

• Integrate SEPA Instant, SWIFT, FPS, and Fedwire payment schemes with automatic selection based on transfer details.

• Add features for scheduling future transfers and batch payouts for up to 50 recipients.

• Allow users to save recipient data as templates for faster transactions.

• Design transfer flows to ensure optimal use of payment schemes for each currency.

Solution

• Transaction Growth: Increased transfers by 40% with streamlined bank account support.

• Withdrawal Success: 98% success rate for EUR, CAD, GBP, and USD withdrawals to supported countries.

• Currency Support: Boosted retention by 25% with 10-currency accounts.

• Payment Schemes: Reduced errors by 30% with automated SEPA, SWIFT, FPS, and Fedwire selection.

• Efficiency Features: 60% of users adopted scheduling and batch payouts; templates cut setup time by 50%.

• User Satisfaction: Improved NPS by 20 with optimized transfer flows.