Softjourn
Money Transfer Operators (MTO)

Money Transfer System Development

We live in a rapidly developing world where remittance money moves across borders every day with the help of digital payment services. If you want your customers to be able to send and receive payments quickly and easily, Softjourn’s developers have the experience and knowledge to make this happen. By leveraging our domain experience in finance, we can help our clients to make well-informed decisions when choosing the right tools to update their money transfer systems.
We live in a rapidly developing world where remittance money moves across borders every day with the help of digital payment services. If you want your customers to be able to send and receive payments quickly and easily, Softjourn’s developers have the experience and knowledge to make this happen. By leveraging our domain experience in finance, we can help our clients to make well-informed decisions when choosing the right tools to update their money transfer systems.

Some of Our Financial Clients

Pex Finance Logo
Chromeriver Fintech
Icard Finance Software Dev Logo
Svb Logo 2
Upc Finance
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Some Features We Can Help You Develop or Upgrade

Fraud Prevention
Fraud Prevention
The best defense against digital bank fraud is to use a range of security features. Effective know-your-customer (KYC), and anti-money-laundering (AML) processes are the backbone of any secure money transfer service.
AML Compliance
AML Compliance
Adding another layer of security to prevent fraud is critical for money transfer systems and their users. By checking a customer’s data globally, banks can identify high-risk clients and take the measures necessary to protect other users.
KYC
KYC
With automated KYC registration and verification, financial institutions can verify the identity of users to keep their accounts safe. KYC verification helps money transfer systems provide a smooth client onboarding experience and minimizes fraud risk, which benefits all parties.
Digital Wallet
Digital Wallet
Allowing clients to have their money at their disposal and within easy reach is important. With digital wallets, money transfer systems users can have their accounts available through phone apps and take advantage of them for online shopping, paying bills, sending money, and much more.
Mobile Money
Mobile Money
Mobile money is a great alternative to classic bank accounts as it connects a person’s account with a mobile number. This service is popular in remote areas and in developing countries, where users don’t have easy access to banks or ATMs.
Send/Request money
Send/Request money
Sending and receiving money is embedded in every digital wallet. With additional ID checks, peer-to-peer transactions become safer for all your users. Regardless of the currency, every transaction can send money to another account in a matter of seconds.
Generate invoice/bill
Generate invoice/bill
If you would like to cater to the needs of freelancers, a cross-border invoice generator is a feature they will certainly find useful. With just a few taps, your clients can generate invoices and bills, and manage all their money through a single bank account.
Payment templates
Payment templates
Letting your clients use their accounts to pay bills and generate payment templates will make their everyday life much easier. With payment templates, all it takes is a few clicks once a month to send remittances, pay subscriptions and set up other recurring payments.
Payments analytics
Payments analytics
If your users would like to visualize transactions, monthly expenses or savings, payments analytics will allow them to better understand and manage their finances. With charts, clients can see how they’re spending money and how to keep up with their monthly expenses.
Prepaid cards
Prepaid cards
Prepaid payment cards have become an important way for people to access banking services without conventional KYC checks. They are easy to use and a safe alternative to cash, especially in less developed countries.
Virtual debit card
Virtual debit card
By offering virtual debit cards, you let your clients carry their money on their smartphone or smartwatch. They can easily shop online, using their device with Apple, Google or Samsung Pay, and know that their account is safe at all times.
Integration with banks
Integration with banks
By integrating your money transfer system with a bank, you will enable users to send and receive money, regardless of their location and the currency they are using.
International transfers
International transfers
While traditional money transfers can be long and tiresome, online transactions are by far the fastest way for clients to send remittances. With a few swipes, their remittances will reach their families.
Multi-currency
Multi-currency
Making it possible for your users to exchange currencies makes cross-border transactions more important than ever. With a few swipes, they can exchange dollars for any major currency and send them to another account.
Simplified onboarding
Simplified onboarding
A frictionless onboarding process that lasts no more than a few minutes will help your clients get the best first impression about your digital service. With database integration and seamless transition steps, Softjourn can help you put together a process that your users will enjoy.

Want to know how our financial experts can help your project?

What Services We Offer

Whether upgrading an existing code or creating a new one, the most important expertise we offer is a proven approach to mitigating risk and containing costs.
Often clients don’t know what product they need, but do know the results they want. Our job is to help define the product and develop optimal solutions to get those results.
To compete, our clients continually need to provide new and better services. We have our own R&D Centers – started in 2008 – which uniquely positions us to do just that.
Our developers and illustrators are experts at UI and UX design. They will work with you to understand your needs in going from idea to prototype to deployment faster and at less cost.
Financial software development has grown exponentially in recent decades. Softjourn is the solution to help you define and develop forward-thinking technology that gets real-world results.
Our core belief is that analyzing and testing is critical because the essential role of software is so important. In the process, our Quality Assurance team helps you create superior products.
Since day one, we’ve been providing application support and maintenance services to each customer on every project. It’s why we’re a proven, trusted partner and reliable asset.

Financial Insights

Thought-Leadership
Top 5 Payments Trends to Keep an Eye on in 2021
Top 5 Payments Trends to Keep an Eye on in 2021
by Yuri Kropelnytsky, Softjourn's Payments Expert

Payments trends that have been evolving slowly over years accelerated overnight as the pandemic forced businesses to follow social distancing mandates. Many areas of the world are already well acquainted with digital wallets and contactless payments, while the U.S. market is playing catch up.

 

Thought-Leadership
Grow Your Business with Payment Orchestration
Grow Your Business with Payment Orchestration
by Yuri Kropelnytsky, Softjourn's Payments Expert

Achieving optimized payment flow is the ultimate goal of every merchant. Payment orchestration helps leverage new technologies to prevent fraud, increase authorization rates, and offer a satisfying customer experience.

Tech-Content
5 Payments Disruptions Pushing Us Toward a Cashless Future
5 Payments Disruptions Pushing Us Toward a Cashless Future
by Yuri Kropelnytsky, Softjourn's Payments Expert

As payments become more convenient and simplified through the use of cards, mobile phones, and other technologies, it is easy to see why demographics/target audiences are starting to prefer digital payments.

Thought-Leadership
How COVID-19 is Changing the Future of Payment Processing
How COVID-19 is Changing the Future of Payment Processing
by Yuri Kropelnytsky, Softjourn's Payments Expert

Payment processors were hard hit between March and April of this year, as “closed” signs were hung in global economies to stymie the spread of COVID-19. As lockdowns are lifted and countries begin to reopen after flattening curves, transaction volume is rising.