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REVOLVING SYSTEM IMPLEMENTATION

Implementation of a new revolving system for a leading bank.


Our Client

  • A renown Korean Financial institution.

Challenges and needs

  • Our client needed to build up Revolving credit system, the system was required to completely integrate with their existing system.

Our work

  • We analysed the current system and implemented a new Revolving system.

Outcome

  • A new a credit limit system (could be via eWallets instead of Credit Card) and allows customer to continuously borrow money up to a certain credit limit (revolving credit).
  • Customer & Merchant : Customers can shop with many different methods of cashless transaction ( QR, OTP, NFC, eWallets).
  • Merchant & buyer: After the customer's transaction is successful, buyers proceed with the payment to Merchant.
  • Set foundation for E-wallet & Payment Gateway.
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