Secure Multicurrency Payment Platform with GDPR and PCI DSS Compliance

The client requires a high-security, high-performance online payment and banking platform that supports multiple currencies, including EUR and GBP accounts, with integrated currency exchange capabilities. The platform must be compliant with GDPR and PCI DSS standards to ensure data protection and secure transactions, while enabling efficient bank operations and money transfers for end-users.

A mid-sized fintech company offering multi-currency banking solutions and digital wallet services with a focus on secure, compliant transactions and international money transfers.

• Develop a scalable online payment application supporting multicurrency cards with five currencies and European accounts for bank transfers and operations.
• Implement a fast and secure currency exchange feature for multicurrency cards.
• Ensure full compliance with GDPR regulations and PCI DSS standards to safeguard user data and payment security.
• Create an application optimized for high security, performance, and user experience, capable of handling a high volume of transactions.
• Enable seamless transfer of funds within EUR and GBP accounts and facilitate transfer with other banking systems.

• Multi-currency card management supporting five currencies.
• EUR and GBP accounts with bank transfer capabilities.
• Real-time currency exchange functionality integrated into the cards.
• Secure transaction processing with adherence to GDPR and PCI DSS standards.
• User authentication and data privacy controls.
• Bank operations including fund transfers, deposits, and withdrawals.
• An intuitive user interface optimized for security and speed.

• Banking core APIs for transfer and account management
• Currency exchange rate providers for real-time rates
• Security and compliance audit systems
• Third-party identity verification services

• High security standards with end-to-end encryption
• System uptime of 99.99%
• Transaction processing latency below 1 second
• Scalability to support increasing user base and transaction volume
• Strict adherence to GDPR and PCI DSS compliance throughout all processes

The new platform aims to deliver a secure, efficient, and compliant payment solution that enhances user trust and satisfaction. It is expected to enable the client to process a growing volume of international transactions rapidly, improve operational efficiency, and ensure full regulatory compliance, thereby strengthening their competitive position in the financial services industry.