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Next-Generation Payment Processing Platform Modernization
  1. case
  2. Next-Generation Payment Processing Platform Modernization

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Next-Generation Payment Processing Platform Modernization

oxagile.com
Financial services
eCommerce
Information technology

Current System Limitations

Existing payment platform requires manual intervention for fund transfers, lacks real-time financial visibility, and offers rigid pricing configurations that hinder business scalability and regulatory compliance.

About the Client

Leading provider of digital payment infrastructure serving global merchants and financial institutions

Strategic Modernization Goals

  • Automate inter-account fund transfers with compliance validation
  • Implement dynamic pricing configuration capabilities
  • Establish real-time financial analytics dashboard
  • Enhance multi-account management scalability
  • Support diverse financial account types

Core System Capabilities

  • Automated fund transfer engine with regulatory compliance checks
  • Configurable pricing plan management interface
  • Real-time account activity monitoring and analytics
  • Hierarchical account grouping and permissions framework
  • Multi-account type support (trading, reserves, remittance, etc.)

Technology Stack

Java
Hibernate
Spring
Tomcat
Oracle
RichFaces

System Integrations

  • Payment gateways
  • Merchant banking systems
  • Regulatory reporting frameworks

Operational Requirements

  • Horizontal scalability for 10M+ transactions/day
  • PCI-DSS compliance
  • 99.99% system availability
  • Real-time processing latency <200ms
  • Role-based access control (RBAC)

Business Transformation Outcomes

Enables 40% faster transaction processing, reduces operational costs by 30%, improves regulatory compliance through automated audit trails, and supports 5x business growth through flexible pricing models and enhanced financial visibility.

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