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Development of Integrated Financial Operating System for Business Merchants
  1. case
  2. Development of Integrated Financial Operating System for Business Merchants

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Development of Integrated Financial Operating System for Business Merchants

netguru.com
Financial services
Retail
eCommerce

Challenges in Traditional Merchant Services Adoption

Existing business banking and merchant service solutions require lengthy in-person branch visits, extensive paperwork, and weeks of waiting for terminal deployment. Outdated EFTPOS terminals lack mobile integration, while fragmented financial tools create inefficiencies in payment processing, fund management, and expense tracking.

About the Client

Fintech company providing integrated payment and financial management solutions for businesses

Objectives for Enhanced Merchant Solution

  • Create fully integrated financial operating system for merchants
  • Reduce service activation time from weeks to minutes
  • Eliminate hidden fees through transparent pricing model
  • Enable seamless card payment acceptance across business types
  • Provide instant access to funds with flexible deposit options

Core System Functionalities

  • Online instant signup portal with 10-minute activation
  • Next-generation mobile card payment terminal with QR code support
  • Fee-free business transaction account with fund management tools
  • Integrated business Mastercard for expense management
  • Automated fund sweeping between accounts
  • Real-time transaction analytics dashboard

Technology Stack Requirements

Cloud-native architecture (AWS/Azure)
React Native for mobile applications
Node.js backend with microservices
Payment gateway integration frameworks
Blockchain-based transaction verification

System Integration Needs

  • Banking API connections (NPP, SWIFT)
  • Card network APIs (Mastercard, Visa)
  • Point-of-sale system integrations
  • Accounting software APIs (Xero, MYOB)
  • Fraud detection services

Operational Requirements

  • 99.99% system uptime SLA
  • Real-time transaction processing (<500ms latency)
  • PCI DSS Level 1 compliance
  • Horizontal scalability for 100k+ concurrent users
  • Multi-factor authentication with biometric options

Expected Business Impact of Integrated Financial Platform

Enable 10,000+ new business activations within first 8 months through instant online onboarding. Reduce merchant setup time by 95% compared to traditional banking solutions. Achieve 1B USD valuation through rapid market penetration by addressing $2.3 trillion Australian small business payment market. Support diverse business types across retail, hospitality, and services sectors with flexible payment solutions.

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