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Next-Generation Skrill Platform Enhancement & Feature Development
  1. case
  2. Next-Generation Skrill Platform Enhancement & Feature Development

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Next-Generation Skrill Platform Enhancement & Feature Development

netguru.com
Financial services

Scalability and Feature Expansion Challenges

Skrill is experiencing rapid growth and requires ongoing development to maintain its competitive edge. Challenges include scaling the platform to accommodate increasing transaction volumes, quickly implementing new features to meet evolving customer demands, and ensuring the security and stability of a large and complex codebase while maintaining a consistently high level of service.

About the Client

Skrill is a global online payment service provider facilitating secure money transfers and digital transactions for businesses and consumers worldwide. They specialize in providing fast, low-cost payment solutions across 200 countries and supporting 40 currencies.

Project Goals

  • Enhance the existing Skrill platform to support future growth and increased transaction volumes.
  • Accelerate the development and deployment of new features for both web and mobile applications.
  • Maintain and improve the security and stability of the Skrill platform.
  • Improve the user experience across all platforms (web, iOS, Android).

Functional Requirements

  • Support for 100+ payment options.
  • Currency conversion for 40+ currencies.
  • Secure account management features (deposit, withdrawal, transfer).
  • Real-time transaction monitoring and fraud detection.
  • Integration with existing Skrill website and mobile applications.
  • API access for third-party developers.

Preferred Technologies

Existing Skrill technology stack (to maintain consistency)
API-first approach for modular development
Cloud-based infrastructure (AWS, Azure, or GCP)

Required Integrations

  • Payment gateway integrations (e.g., Visa, Mastercard, PayPal)
  • KYC/AML compliance systems
  • Fraud detection services
  • Banking APIs

Non-Functional Requirements

  • High scalability to handle increasing transaction volumes.
  • Excellent performance and low latency.
  • Robust security to protect user data and prevent fraud.
  • High availability and reliability.
  • Comprehensive monitoring and logging.

Expected Business Impact

This project will enable Skrill to continue its rapid growth, expand its market reach, and enhance the security and reliability of its platform. Successful implementation will result in increased customer satisfaction, reduced operational costs, and a stronger competitive position in the global online payment market. Maintaining the current growth trajectory and expanding into new markets will be enabled.

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