Logo Logo
  • Services
    Software Development Application Development QA & Testing Others
    Custom Software Development
    Enterprise Software Development NearShore Software Development
    Software Product Development
    MVP Development & Consulting SAAS Consulting & Development
    Software Outsourcing services
    Dedicated Development Teams Staff Augmentation Services Offshore Software Development Offshore Development Center (ODC) Software Development in India Hiring Remote Developers FAQs Hire Indian Developers How It Works
    Software Consulting Digital Transformation Whitelabel Services
    Mobile App Development
    Cross Platform App Development Flutter App Development iOS / iPhone App Development Andoid App Development React Native App Development Xamarin App Development
    Web App Development
    Website & Portal Development
    Backend Development Services
    .NET Development Services Laravel Development Services PHP Development Services Node Development Services Java Development Services Python Development Services SharePoint Development Services Wordpress Development Services Drupal Development Services
    Cloud Application Development
    Serverless
    Frontend Development Services
    Angular Development Services React Development Services Power BI Development Services
    Full Stack Development
    MEAN Stack Development Services MERN Stack Development Services
    Application Maintainance & Support Application Modernization eCommerce Development Services OTT App Development Services
    QA & Testing
    Hire Software QA Application Testing Mobile App Testing Web App Testing Automated Testing
    Dashboards & Analytics
    Data Analytics Consulting & Management Microsoft Power BI
    DevOps
    DevOps Consulting Amazon AWS
  • Hire Developers
    Backend .NET C/C++ Django Firebase Golang GraphQL Java Laravel Node PHP Python Ruby on Rails Symfony
    Frontend Angular HTML/CSS PowerBI React Vue.JS CMS Drupal Kentico Sitecore Sitefinity Umbraco Wordpress
    Mobile Android Flutter Ionic iOS Kotlin React Native Swift Xamarin eCommerce Magento Shopify
    Full Stack MEAN MERN Blockchain Cryptocurrency Ethereum ICO Smart Contract Solidity DevOps Azure AWS
    ML Chatbot Dialogflow RPA Tensorflow Low-Code Appian Outsystems Mendix
  • Technologies
    Trending Serverless Internet of Things Machine Learning Blockchain AR/ VR OTT RPA
    Platforms SharePoint Microsoft Power BI Magento Shopify Wordpress
    Programming
    iOS / iPhone Andoid React Native .NET Laravel PHP
    Node Java Python Drupal Angular React Flutter
  • Solutions
    Industries Healthcare ISV Automative Fintech Retail & eCommerce

    Education & Elearning Travel & Tourism Banking & Financial Services Logistic & Transportation Media & Entertaintainment
    Solutions Financial Management Workforce Management
  • Company
    Overview Case Studies In Media Clients & Testimonials Careers Blog
  • Contact Us
Logo Logo
Logo Logo
  • Services
  • Hire Developers
    Backend
    .NET C/C++ Django Firebase Golang GraphQL Java Laravel Node PHP Python Ruby on Rails Symfony
    Frontend
    Angular HTML/CSS PowerBI React Vue.JS
    CMS
    Drupal Kentico Sitecore Sitefinity Umbraco Wordpress
    Mobile
    Android Flutter Ionic iOS Kotlin React Native Swift Xamarin
    Full Stack
    MEAN MERN
    Blockchain
    Cryptocurrency Ethereum ICO Smart Contract Solidity
    ML
    Chatbot Dialogflow RPA Tensorflow
    DevOps
    Azure AWS
    Low-Code
    Appian Outsystems Mendix
  • Technologies
    Trending
    Serverless Internet of Things Machine Learning Blockchain AR/ VR OTT RPA
    Platforms
    SharePoint Microsoft Power BI Magento Shopify Wordpress
    Programming
    iOS / iPhone Andoid React Native .NET Laravel PHP Node Java Python Drupal Angular React Flutter
  • Solutions
    Healthcare ISV Automative Fintech Retail & eCommerce Education & Elearning Travel & Tourism Banking & Financial Services Logistic & Transportation Media & Entertaintainment Financial Management Workforce Management
  • Company
    Overview Case Studies In Media Clients & Testimonials Careers Blog
  • Contact Us
Logo Logo Back
  • Software Development
    Custom Software Development
    Enterprise Software Development NearShore Software Development
    Software Outsourcing services
    Dedicated Development Teams Staff Augmentation Services Offshore Software Development Offshore Development Center (ODC) Software Development in India Hiring Remote Developers FAQs Hire Indian Developers How It Works
    Software Product Development
    MVP Development & Consulting SAAS Consulting & Development
    Software Consulting
    Digital Transformation Whitelabel Services
  • Application Development
    Mobile App Development
    Cross Platform App Development Flutter App Development iOS / iPhone App Development Andoid App Development React Native App Development Xamarin App Development
    Web App Development
    Website & Portal Development
    Backend Development Services
    .NET Development Services Laravel Development Services PHP Development Services Node Development Services Java Development Services Python Development Services SharePoint Development Services Wordpress Development Services Drupal Development Services
    Frontend Development Services
    Angular Development Services React Development Services Power BI Development Services
    Full Stack Development
    MEAN Stack Development Services MERN Stack Development Services
    Cloud Application Development
    Serverless
    Application Maintainance & Support Application Modernization eCommerce Development Services OTT App Development Services
  • QA & Testing
    Hire Software QA Application Testing Mobile App Testing Web App Testing Automated Testing
  • Others
    Dashboards & Analytics
    Data Analytics Consulting & Management Microsoft Power BI
    DevOps
    DevOps Consulting Amazon AWS
    eCommerce Development Services OTT App Development Services

Like What You’re Reading?

Join us to get latest updates
Loading

How ValueCoders developed a world-class Online payment banking app?

  • Posted By angelinajasper
  • 27 Views
  • 0
How ValueCoders developed a world-class Online payment banking app?
  • Technology and Apps
  • Let’s discuss further how ValueCoders developed a world-class online payment banking app:
    • Technologies we used while developing an App:
    • Challenges Faced While Creating Online Payment Banking App
    • SOLUTION IMPLEMENTED BY US
    • RESULT

Table of Contents

  • Let’s discuss further how ValueCoders developed a world-class online payment banking app:
    • Technologies we used while developing an App:
    • Challenges Faced While Creating Online Payment Banking App
    • SOLUTION IMPLEMENTED BY US
    • RESULT

As the use of online payment is increasing rapidly, and every online platform gives you a choice of paying online through various platforms, it makes things easier for the users to pay securely and fast.  

According to Statista, the use of online and mobile banking is estimated to increase steadily between 2020 and 2024, with the Asian market being the largest. As of 2020, more than 1.9 billion individuals globally actively used online banking services, with that the number estimate to reach 2.5 billion by 2024.

How ValueCoders developed a world-class Online payment banking app?

Image Source

With the emergence of various online selling and purchasing platform, there has been a rise of different unique online payment modules like PayPal or Stripe. We can see a number of businesses and organizations are deploying these online payment modules, and one of the prestigious clients asked ValueCoders to develop a world-class online payment banking app. The motive of this app is to build an online payment module that can allow users to do the transaction from anywhere to everywhere. 

Let’s discuss further how ValueCoders developed a world-class online payment banking app:

As the top banking software development company, our main priority was to give the desired app to the client and include as many customizations as the client need in order to build a financial wealth app. 

Nowadays, many banking software companies have started making applications that can help you with an easy transaction, we @ValueCoders provide the same benefit with more secure options, and users can buy the SENs (Complementary currency), and they will be able to use them for day to day transactions within their cities.


How ValueCoders developed a world-class Online payment banking app?


Technologies we used while developing an App:

  • Node.JS
  • React Native

Node.JS: Node.JS is a well-known open-source, cross-platform, backend JavaScript runtime environment that runs on the V8 engine.  

Node.JS can be used for building Banking Software Application that requires real-time data calculations and stats. 

So it was our primary choice for this Banking software application because if more than 1 million people are using the app simultaneously, Node. JS can easily handle that, as it is a good choice for large-scale apps relying on real-time data.

React Native:  React Native is also an open-source mobile application framework created by Facebook, Inc. Many big industries use this tool for building applications, and because it is very efficient and perfect for mobile apps, We use it for giving a better experience to the users. 

Challenges Faced While Creating Online Payment Banking App

The client wanted to make an app with solid malware, as it is a matter of transaction of money; it has to be taken care of. And the online banking apps consisted of many variables. There was some functionality of currency changes within the master admin panel, where the admin could change the currency value per SEN.  

All this led to the change in calculations within the application after getting it done. And the analysis was very complex, and our project management team understood the queries/calculations and tackled them by closely coordinating the results with the client. 

The application involves currency and payment transactions, so it was necessary to keep it as fully secure as possible. We used AWS EC2 Server with SSL Layer and Amazon S3 Server for Images to meet security demand. 

It has always been quite fun to deal with such kinds of situations. We are a group of talented professionals and developers who know how to tackle different aspects and problems while developing an app. 

To overcome some challenges, The team of ValueCoders used some Banking Software Solutions and focused on developing the application with all the latest updates. 

SOLUTION IMPLEMENTED BY US

Requirement Analysis

In this particular segment, we try to gather every possible information from stakeholders and document the same. It helps us remember all the key factors and helps develop the app with all functionalities. 

We follow the “SMART” rule for creating the documentation, which stands for Specific, Measurable, Attainable, Relevant, and Time-bound steps. 

And after finalizing the document, the wireframes are created, which acts as a blueprint defining the feel of the platform with respect to all functionalities. Having proper documentation of what you need and achieving the target is always necessary for better results. We always have documentation to present directly to the client to understand the project better. 

Designing Phase

Developing an app is like climbing a stair; you will face another challenge with one step up until you reach your destination. Similarly, after creating a wireframe, we move to the designing phase, in which our UX/UI developers design every single module and theme color. Every module is interlinked with functionality having some dummy data in use.

Execution Phase

With the designing part, our Backend developers develop all the initials API, and frontend developers integrate all available APIs with best practices making dynamic to all the screens. 

Client Request Based Project Delivery

Giving the best product to our client is our main motive, and just because of that, we constantly get in touch with the client after passing even a single module so that the client can check that and suggest anything more required. In this case also, while developing a banking software application, we connected with the client after passing every phase.  

Developers are connected in conversations with clients daily and follow their ideas or suggestions. In case of any feasibility challenge, developers give the alternative solution and try clients to be on the same phase. 

Clients also mention the Jira and assign the task to developers as per their priority. This process helps us meet the client’s expectations in the best possible manner and ensure the timely delivery of the tasks.

Deployment Phase

After all of that, in the deployment phase, we do the testing and see if the App is ready to use or not, and doing proper unit testing on a local machine merge with develop branch and deploying to the dev server helps us to know more about App. 

If any issues are found, the developer’s team tries to find them out and resolve them before delivering the app. 

Then we send PR (pull request) for the main branch that will be deployed on the live server after review. We are using AWS servers for all kinds of deployment.


How ValueCoders developed a world-class Online payment banking app?


Have a look at the video below :


RESULT

The client received the final delivery of the app on time and launched it with great enthusiasm. ValueCoders delivered all deliverables within a predefined schedule. There are around 1000 registered users on the platform, and the client is able to share its vision of autonomy, liberty, and responsibility.  

The final application for the client is full of excellent features like: 

  • Accept Payments Online
  • Barcode Scanning
  • Bill Me Later
  • Credit Card Reader
  • Express Checkout
  • Inventory Tracking
  • Mobile Card Reader
  • Online Invoicing
  • PCI Compliance
  • Shopping Cart
  • Virtual Terminal

These are some main features of the app which was appreciated by the client after getting feedback from the users. 

After using it, users also admired the banking software application and gave some valuable feedback, which made us and the client very excited. Creating these types of cutting-edge solutions requires deep research on the market demand and the user’s mind of what they are searching for? 

If you are looking to build such applications that can increase the credibility of your business by giving modern-day solutions, you can connect with us. 

We help startups, small and medium-sized businesses adopt modern technologies and target tech-savvy contemporary audiences innovative. For more business ideas and recent tech trends, stay tuned with us.

How ValueCoders developed a world-class Online payment banking app?
Tags:banking and finance softwareBanking software applicationbanking software development companybankingappDigital Financial Managementfintech software app companyonlinepaymentbankingapp

RELATED STORIES

Kotlin Multiplatform 1
Kotlin Multiplatform: The Smartest Choice in Cross-Platform Development
Top Trends in Android App Development
Top Android App Development Trends To Look For
Frame 1 1
What Is The Role Of Artificial Intelligence In The Financial Sector?
×

Download Your FREE e-Guide NOW!

Discover What, Why & How of "Offshore Resource Hiring" with this FREE e-Guide!

Valuecoders

Fill out the form below to download the e-Guide now.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright © 2004 - 2022. All Rights Reserved. ValueCoders.com Become a Partner | Privacy Policy | Terms of Service | Why India? | FAQ | Disclaimer | GDPR Theme Light | Dark | Auto
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT