Case study
Platform development
for forex management
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A leading digital payments provider wanted to create a seamless experience for travelers by incorporating a Forex application for enabling the purchase and delivery of foreign currency through a mobile app.

The client wanted the app to provide competitive exchange rates, ensure secure transactions, enable digital payments through a secure gateway, and establish a reliable delivery system so that foreign currency could be delivered to the customer at their preferred location.

Solution pattern
Solution
The Nuvento team reimagined each requirement of the client and created four mobile applications and four web portals to facilitate the various roles involved in the currency exchange process.
Native developments on iOS and Android were created. The apps were customized to the specific needs of travelers, forex service providers, physical delivery providers, and drivers. The web portal facilitated the activities of exchange provider management.
Our team lays utmost emphasis on secure transactions. We created QR-code scans, OTP verifications, etc. and implemented a multi-factor authentication process to ensure secure handover at all points in the transaction, both digital and physical.
With our integration capabilities, Nuvento could seamlessly integrate these apps with the client’s existing e-wallet to provide travelers with a facility to compare rates, pay digitally, and choose desired locations to receive currency, all through one efficient mobile interface.
Outcomes
Build Mission Background Image
The currency exchange feature was successfully designed, developed, and integrated into the client’s e-wallet application.
The innovative currency exchange feature seamlessly integrated with the client’s existing e-wallet app, setting them apart from other digital payment providers.
6000+ travelers exchange foreign currency on the go every month using the app.
Transaction volumes steadily increased by an average of 23% year on year.
Attracted new customers to the app by offering competitive exchange rates and a unified solution.
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