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Custom Payment Solution Development for Enterprise Clients

makersden.io

Retail

eCommerce

Financial services

Challenge

The Global Retail Conglomerate lacks the agility to quickly develop bespoke payment solutions tailored to the specific needs of its enterprise clients. Their existing payment infrastructure is inflexible and doesn't allow for the creation of unique payment journeys that can boost customer conversion and loyalty. They require a rapid, scalable, and secure solution to meet these evolving demands.

About the Client

A large, multinational retail company with a significant online presence seeking to enhance its payment options and offer customized payment journeys to its high-value customers.

Goals

Develop a flexible platform for creating custom payment solutions.
Enable rapid prototyping and deployment of new payment features.
Integrate seamlessly with existing payment systems.
Improve customer conversion rates through tailored payment options.
Provide a scalable and secure payment solution for enterprise clients.

Functional Requirements

Customizable payment journey builder.
Support for multiple payment gateways (including Klarna).
API for integrating with existing systems.
Secure payment processing and data handling.
Reporting and analytics on payment performance.

Technology Stack

Typescript

ReactJS

NodeJS/Express

GraphQL

Integration Requirements

Klarna Payments API
Existing CRM system
Existing order management system
Payment Gateway APIs (e.g., Stripe, PayPal)

Non-Functional Requirements

High scalability to handle large transaction volumes.
Excellent performance and low latency.
Robust security to protect sensitive payment data.
High availability and reliability.
Comprehensive audit logging.

Expected Business Impact

Successful implementation will enable the Global Retail Conglomerate to significantly expand its revenue streams by offering tailored payment options to enterprise clients, improving customer satisfaction and loyalty, and gaining a competitive advantage in the market. The ability to rapidly develop and deploy custom solutions will provide a key differentiator and drive innovation in their payment offerings.