Altering Financial Technology: BongoPay’s Narrative
Magicminds revolutionized BongoPay with creative solutions that facilitate financial services, improve user experiences, and navigate digital conversion. Their cutting-edge technology authorizes businesses, enhances efficiency, and enables financial inclusion, forming new benchmarks in the digital financial domain.
Project Overview
BongoPay serves in France, Italy, Congo, and Canada. Gilbert Colombo has allowed us to work on this web application specially designed to transfer money by scanning the QR code. Users can quickly scan the QR code with their wallet to accomplish the transaction.
With Bongo Pay's ingenious platform, users quickly transfer money by scanning a QR code with their digital wallet, delivering a seamless, safe, secure, and trendy way to conduct transactions.
Gilbert
CEO, BongoPay
Loud & Proud Numbers that Speak Accomplishment
in online wallet transactions
in total number of customers
in payment loading times
in collaboration via chat
in users for payment status with one click
in average user engagement session
Project Back Story & Challenges
With the client's vision to build a robust wallet-to-wallet transaction application in mind, we, at Magicminds embarked on the journey of devising it. The client emphasized ensuring success and reliability. Our initial analysis revealed a series of pivotal hurdles that demanded innovative solutions.
- Protecting financial data from cyber-attacks, which requires deploying cutting-edge encryption protocols, constantly observing unique activity, and revising safety benchmarks to safeguard against new hazards.
- Proactively managing the platform's response to demand changes, ensuring strength and resilience.
- Robust data encryption, stringent access controls, and, most importantly, adherence to privacy regulations like GDPR, assuring user confidentiality.
- Integrating digital wallets, necessitating the use of secure APIs, rigorous authentication methods, and data integrity.
Solutions Offered By Magicminds
Faced with these challenges, we devised and deployed a set of cutting-edge solutions customized to meet BongoPay's unique demands. Utilizing advanced technologies and forward-thinking strategies, we transformed BongoPay into a secure, reliable, and user-friendly wallet-to-wallet transaction platform.
- We executed a robust encryption protocol using Plaid's secure connectivity features to safeguard against cyber-attacks, ensuring the safety and integrity of user data during transactions.
- By integrating Stripe, BongoPay users can transfer money confidently and effortlessly, improving their prevalent experience and trust in the platform.
- By integrating Plaid's secure APIs, we improved transaction protection, delivering an extra layer of security for user accounts and susceptible data.
- We prioritize standard testing, safety checks, and unique features, utilizing Plaid and Stripe capabilities to enhance the platform's security and functionality, ensuring continuous progress and user satisfaction.
Highlighted Features of BongoPay
-
Ticketing System
The payment might get stuck in between while transferring or receiving the money, so there is an option to file a ticket through which the Admin can view the ticket and do what is needed.
-
Language Flexibility
Since BongoPay operates across multiple countries, it is available in English, French, Portuguese, and Spanish.
-
Easy Money Transfer
Users can quickly transfer money from wallet to wallet within 3–4 seconds. Also, money can be sent through QR code by scanning the same.
-
Wallet-to-Bank Transaction
BongoPay users can transfer funds hassle-free and securely from their digital wallet to their linked bank accounts with ease.
-
Proactive Notifications
Users get real-time updates on transactions, account activity, and important security alerts from BongoPay to stay aware and secure.
-
One-Tap Business Payments
BongoPay allows users to make fast, secure, and convenient payments to vendors and partners with a single tap.
-
Ironclad Security with MFA
With advanced encryption, security protocols, and MFA BongoPay ensures user data protection and safeguards against potential cyber-attacks.
-
Know Your Customer
BongoPay detects a human by scanning their face for a KYC update. Accessing the app without verifying or updating the Onfido KYC is impossible.
-
Add Money Effortlessly
BongoPay users can easily add money to the wallet through a debit card, credit card, or net banking.
The Result
Our ambitions at BongoPay were to mitigate direct user challenges, improve the system performance, optimize the user interface, and raise transaction dependability. Here are the quantifiable outcomes of our collective exertions with this payment platform.
- 41% increase in transaction efficiency
- 40% increase in average user engagement session
- 23% decrease in processing costs
- 35% surge in total number of customers
Exclusive Insights to How We Transformed BongoPay
Get Limited Access to This Case Study and Learn from its Success!
FinTech
BongoPay
Services Provided: Design, Development, Deployment
Highly recommend Magicminds!
I really love working with these guys! After they successfully built BongoPay, our eWallet platform, I was so satisfied with the outcome that I decided to partner with them for my next project, which is a recruitment portal. Highly recommend Magicminds to anyone looking to bring their digital payment dreams to life!
