The Challenge
High transaction fees, complex integrations, and user friction in online payments using traditional credit card systems. Merchants were losing significant revenue to payment processing fees while customers experienced lengthy checkout processes.
- Traditional payment gateways charged 2.9% + $0.30 per transaction
- Complex integration requirements deterred small businesses
- High cart abandonment rates due to lengthy checkout processes
- Security concerns with storing credit card information
- Limited payment options for international customers
Project Details
Industry - Fintech
Services - Full-stack Development, Banking Integration, Security Implementation
Timeline - 8 months
Team Size - 6 specialists
Technologies - React, Node.js, TypeScript, PostgreSQL
Our Solution
We developed Magic, a revolutionary bank-to-bank payment platform that eliminates traditional payment gateway fees while providing instant payment confirmation. The platform features seamless bank integration, advanced security protocols, and a user-friendly interface for both merchants and customers.
Discovery & Planning
Analyzed requirements, defined architecture, and planned the development approach with stakeholder input.
Development & Integration
Built core functionality, integrated with existing systems, and implemented security measures.
Testing & Refinement
Conducted comprehensive testing, gathered feedback, and refined the solution based on user needs.
Deployment & Support
Deployed the solution, provided training, and established ongoing support processes.
Visual Showcase
Screenshots and interfaces from the final product
