Money Transfers & Payments

When a transaction is placed on hold — for compliance review, beneficiary validation, or settlement timing — the system captures the hold reason and the responsible entity as structured data at the point of the hold event. This is surfaced to the user in real time within the transaction detail view. Users can see why the transfer is paused and who is responsible for releasing it, which answers the primary reason they would otherwise contact support. We have seen this reduce payment-related support call volumes by approximately 40% in production environments.

The Golang backend is designed for high-concurrency workloads. In current production deployments, the system processes millions of daily transactions while maintaining a 99%+ success rate. Load testing is part of our pre-launch validation process, benchmarked against the client's peak traffic projections before go-live.

We have production integration experience with the Oracle Banking Platform for NEFT and RTGS settlement. For other core banking systems — Finacle, Temenos, FIS — integration feasibility depends on the API surface available for payment instruction submission and status callbacks. We assess this during the discovery phase before committing to a delivery timeline.

Bulk transfer jobs are submitted as structured batches, with each constituent payment tracked individually within the job. Status is available at both the batch level and the individual transaction level, so users can identify which payments within a bulk run have settled, which are pending, and which have failed — without needing to contact support or reconcile records manually.

A greenfield money transfer module — covering NEFT, RTGS, IMPS, beneficiary management, on-hold visibility, and scheduled transfers — built on React Native with Golang backend and OBP integration, typically runs ten to fourteen weeks from architecture sign-off to production. Engagements involving migration from an existing transfer interface add a discovery and data-mapping phase of two to four weeks beforehand.

Yes. The implementation uses React Native for the shared application layer. Where platform-level access is required — specifically for secure credential storage and biometric confirmation on high-value transfers — we use native iOS and Android modules rather than relying on the cross-platform layer.

The system is handed over production-ready, benchmarked, and documented. Your team can maintain and extend it independently. We do not build on proprietary frameworks that require ongoing vendor involvement to operate. If your team wants a formal support arrangement post-launch, that is a separate conversation.