FINTECH PAYMENT PROCESSING
INDUSTRY
Finance
TECHNOLOGIES
Node.js, Go, MongoDB
PROJECT DURATION
12 Months
PROJECT OVERVIEW
Scalable payment gateway with fraud detection, real-time analytics, and multi-currency support for a leading financial institution. Our fintech development expertise created a robust, secure platform capable of handling massive transaction volumes.
The client needed to replace their legacy payment system that couldn't scale with their growing business. High processing fees, frequent downtime, and limited fraud protection were affecting their competitive position in the market.
KEY RESULTS
99.99%
Uptime achievement
10,000+
Transactions per second
78%
Reduction in processing fees
CHALLENGES & SOLUTIONS
CHALLENGE: High-Volume Transaction Processing
Existing system could only handle 1,000 transactions per second, creating bottlenecks during peak hours.
SOLUTION: Implemented microservices architecture with Go for high-performance processing and horizontal scaling capabilities.
CHALLENGE: Fraud Detection
Manual fraud review processes were slow and led to 15% false positive rate, affecting genuine transactions.
SOLUTION: Developed ML-powered fraud detection system with real-time risk scoring and automated decision making.
CHALLENGE: Multi-Currency Support
Limited currency support restricted international expansion opportunities.
SOLUTION: Built comprehensive currency conversion system with real-time exchange rates and regulatory compliance.
SECURITY & COMPLIANCE
SECURITY MEASURES
- PCI DSS Level 1 compliance
- End-to-end encryption
- Tokenization of sensitive data
- 24/7 security monitoring
FRAUD PREVENTION
- Machine learning algorithms
- Real-time risk scoring
- Behavioral analytics
- 3D Secure integration
TECHNICAL IMPLEMENTATION
PROCESSING ENGINE
- Go microservices
- Kubernetes orchestration
- Redis for caching
- Message queue system
API & INTEGRATION
- Node.js API gateway
- GraphQL endpoints
- MongoDB Atlas
- Real-time webhooks