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Global Multi-Currency Electronic Payment System with Real-Time Settlement
  1. case
  2. Global Multi-Currency Electronic Payment System with Real-Time Settlement

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Global Multi-Currency Electronic Payment System with Real-Time Settlement

lightpointglobal.com
Financial services
eCommerce
Business services

Challenges in Current Payment Ecosystem

Existing payment systems suffer from security vulnerabilities, high transaction costs, slow processing times, and poor user experience. Key issues include identity theft risks, chargeback fraud, manual reconciliation processes, and lack of multi-currency support with real-time settlement capabilities.

About the Client

A multinational fintech company providing digital payment infrastructure for cross-border transactions

Strategic Project Goals

  • Create secure, instant cross-border payment system
  • Implement multi-currency settlement with automated conversion
  • Eliminate fraud and chargeback risks through tokenization
  • Achieve 300ms response times for transaction processing
  • Support integration with 380+ global banking partners

Core System Capabilities

  • Real-time payment confirmation with zero fraud risk
  • Multi-language and multi-currency support (20+ countries)
  • Automated currency conversion and settlement
  • Cash collection point network integration (180K+ locations)
  • SAP integration for automated reconciliation workflows

Technology Stack Requirements

ASP.NET Core
Angular/Knockout frontend
MS SQL Server
Redis caching
SignalR real-time communication
OAuth2 authentication

Critical System Integrations

  • SAP ERP systems
  • ACH/PSE networks
  • PPRO global payments
  • MoneyGram/Western Union APIs
  • Banking APIs (380+ institutions)

Operational Requirements

  • 99.99% system availability
  • Scalable to 1.2M monthly transactions
  • Sub-500ms response time SLA
  • PCI-DSS compliance
  • Multi-tenancy architecture

Expected Business Outcomes

Implementation will reduce transaction costs by 60%, eliminate chargeback fraud losses, and enable instant cross-border settlements in 16 currencies. The system will support 300ms transaction processing with automated reconciliation workflows, reducing manual operations by 80% while maintaining 100% data privacy compliance.

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