Today’s disruptive world — with COVID-19, the Great Resignation, and the Russian invasion of Ukraine — calls for urgent measures. China, the US, the UK, Japan, and Germany are ahead of the whole planet in terms of digital payments and their transaction value. But as the trend continues to evolve worldwide, it evokes a question of what matters the most in cross-border payments. High speed, unbreakable security, and favourable exchange rates. In fact, these are the benefits of choosing WorldRemit — the low-cost global money transfer provider. But what makes it stand apart from the rest even more is low commission, and it hasn’t happened without Patternica’s involvement.
Transaction fees are the biggest concern of users searching for the best money transfer alternative. Though it greatly depends on the currency you send to the other country’s recipient, the sum, and the bank, you’re most likely to lose between $45 to $50 per order. WorldRemit decided to release the customers’ burden by lowering the transfer fees for their service. Thanks to Patternica’s software development team, this goal came true through the integration with the required Payment Gateway.
During 8.5 months, Patternica’s team of five - a Project Manager, a Business Analyst, a Tech Lead, and 3 Java Developers - has successfully realized the integration, decreasing the transaction cost twice. So, it took us lesser than a year to release the solution to production.
The work on the project passed the following stages:
Initially, we expected to close the project in 6 months, but the complexity of the existing WorldRemit’s architecture system slowed down the development process for 2 extra months.
At the present moment, we continue supporting the solution further to help it function error-free and user-focused for 4 million of those who have chosen it.
Now we’re well-experienced in designing and integrating the solution in the legacy project. We know not by hearsay that if the architecture system was formerly developed on the client’s side, you’ll probably face unforeseen surprises while integrating the new solution into it. This case taught us to be very flexible, and now it’s one of Patternica’s main values. Contact us to feel it yourself!
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