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Redesign and Enhancement of Peer-to-Peer Currency Exchange Platform for Airport Travelers
  1. case
  2. Redesign and Enhancement of Peer-to-Peer Currency Exchange Platform for Airport Travelers

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Redesign and Enhancement of Peer-to-Peer Currency Exchange Platform for Airport Travelers

netguru.com
Financial services
Information technology

Challenges in Traditional Currency Exchange

Travelers face high fees, long queues, and inefficiencies at airport exchange booths, while leftover foreign currency often goes unused or is exchanged at a loss. Existing solutions lack convenience, trust, and real-time peer-to-peer connectivity.

About the Client

A fintech startup enabling peer-to-peer currency exchange for travelers through a mobile application.

Goals for Platform Improvement

  • Redesign UI/UX for seamless use in busy airport environments
  • Implement a trust-building rating system for secure transactions
  • Enable real-time, commission-free currency exchange between users
  • Optimize geolocation-based matching for faster exchanges
  • Enhance user onboarding and transaction clarity through visual design

Core System Functionalities

  • User matching based on currency needs and proximity
  • Real-time exchange transaction management
  • Rating and review system for user trust
  • Geolocation integration for airport-specific exchanges
  • Commission-free transaction processing

Technology Stack Preferences

React Native
Flutter
Firebase
Google Maps API

External System Integrations

  • Geolocation APIs
  • Payment gateways
  • Push notification services
  • User authentication systems

Non-Functional Requirements

  • High-performance transaction processing in crowded environments
  • End-to-end encryption for secure exchanges
  • Scalable cloud infrastructure
  • Cross-platform compatibility
  • Low-latency geolocation updates

Expected Business Impact

Disruption of traditional airport exchange booths through reduced costs and wait times, increased user retention via improved trust mechanisms, and activation of the residual currency market by enabling seamless peer-to-peer transactions globally.

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