Integration of a Secure Payment Gateway for Geographic Market Expansion in a Fintech Platform

The client operates with existing payment gateways tailored to specific regions, limiting their ability to expand into new markets where compatible payment processing is unavailable. Additionally, their team lacks the resources for backend implementation of new payment flows, hindering timely market entry and growth.

A mid-size fintech company specializing in providing payment platforms for installment payments seeking to expand into new regional markets by integrating additional payment gateways.

• Integrate a new payment gateway via a secure server-to-server architecture to enable processing transactions without relying on client-side widgets.
• Support processing based on user card data identified through BIN codes to route transactions appropriately.
• Implement security measures including card data tokenization and 3D Secure 2.0 authentication to ensure transaction safety.
• Expand the platform’s geographic reach, facilitating access to new markets and increasing transaction volume.

• Server-to-server API communication with the payment provider to process transactions without frontend widgets.
• Routing of payment requests based on card BIN to select appropriate payment channels.
• Security measures including card data tokenization and 3D Secure 2.0 authentication.
• Logging and monitoring of transaction requests with cloud-based tools for operational oversight.
• Support for handling transaction responses and error scenarios securely.

• External payment provider’s API for transaction processing
• Card BIN database for routing logic
• Secure payment authentication services (e.g., 3D Secure 2.0)
• Cloud monitoring and logging tools

• High security standards including card data tokenization and secure authentication protocols
• Scalability to handle increasing transaction volumes as market expands
• Performance with transaction processing latency within acceptable limits
• Availability and reliability to minimize downtime
• Compliance with relevant financial data security standards

The project aims to facilitate entry into new regional markets by enabling secure and seamless payment processing, ultimately increasing transaction capacity and revenue. Successful integration is expected to significantly reduce transaction failure rates, enhance user trust through security measures, and support scalable growth by leveraging cloud infrastructure.