Cygnet Develops Mobile Money Transfer and Bill Payment System

Cygnet has made yet another achievement by developing a system for Mobile Money Transfer and Bill Payment for client. The client is a leading Money Transfer service provider operating in USA and Mexico since 10 years. The challenge for client was to spread the benefits of Mobile Money Transfer and Mobile Bill Payment in cost efficient way across various places and users who can send and receive money and pay bills at their convenience and ease through mobile. Cygnet stepped ahead to take up the task and with its thoughtful insight and excellent technology developed the system which met the exact concern of the client.

The system of Mobile Money Transfer helps users send and receive money across domestic as well as international boundaries anywhere anytime without cash, checkbook, envelopes, or stamps. The application works on simple browser accessed through mobile and PC and also via SMS. It has been assembled integrating latest security and encryption technology to ensure information of users is kept private and secured. The system is built with a blend of Delphi and .Net technology in right proportion and works on three platforms:

• Mobile: Customer supplies security code to system via mobile browser and transfer mobile to bank and mobile to cash
• Web: Customer logins the website with username and security password and transfers money
• Agent Application: Customer transfers money through local agent in case there is no mobile or secured username and password to access the website

Mobile Money Transfer also incorporates Bill Payment facility to pay various electric bills, cell-phone bills etc in safer, faster, easier and cheaper way and features a Banking System which covers comprehensive financial and banking activity such as Client management, loan & savings contracts, and accounting. 

Some benefits Money Transfer System accrues are:

• Anytime money can be transferred via any medium: Mobile, Web, Agent Application 
• Facility to withdraw money
• Transfer from one bank account to another with integrated banking application
• Saves all transaction history
• Facility to transfer money using Pre-paid card
• Compliant with national and international regulations
• Supports multiple currencies and language

On the whole, unlike traditional financial services system, Mobile Money Transfer provides technology based multiple cash services which allows users to transfer money, pay bills, make telephone calls or purchase gift certificates with greater security, anonymity, flexibility, savings and many more benefits.

The client has valued Cygnet’s effort in building the system and has thanked the team with words –

“This email is just to acknowledge that your work to date has been very satisfactory and that I am very appreciative of the work. The functions have by and large been addressed as per requirements and bugs/issues that arose you have to date addressed correctly”

Keeping in mind such an appreciation and client’s satisfaction, Cygnet always strive to deliver best solution to them and achieve a level above their expectation.