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MiM App Digital Ecosystem

MiM is a digital ecosystem that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Whether you’re saving your hard-earned money or sending it home to your loved ones, we got you covered.

Overseas Remittance made easy. With Mastercard, you can send money from your overseas account to any card-carrying person and take advantage of competitive exchange rates and low remittance fees. There is no need to carry cash or keep multiple cards to make purchases. MiM offers you a virtual card feature through which transactions can be done easily. The same platform can be used to refer and earn money. Users will get a new QR code every 24 hours to receive money.

Tags

  • Card Management
  • Money Transfer
  • Banking and Finance
  • Kotlin
  • PHP
  • Country: Covered
  • Team Members: 5


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Digital Wallet enhanced security, accessed digitally, Your hard-earned money is safe with us

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MIM Mastercard-Shop online, in-store, and on the go on MAT and buses island wide

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Local send money-hassle free local transfers.

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Overseas Remittance-quick and safe remittance at competitive exchange rates and low remittance fees.

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Problems

  • Overseas money transfer on their own was not possible for customers. There must be some interface such as agents.
  • Required physical card for transactions.
  • Verification of User documents and ID proofs.

Challenges

  • Transferring money to overseas bank accounts.
  • For Overseas Transactions, Agents for different banks are involved. Each agent has different requirements to gather user data.
  • KYC verification by involving Third Party (Singpass)

Solution

  • Through this application, customers can transfer money to overseas bank accounts by simply providing the recipient’s details.
  • Customers can keep using the virtual card for transactions. Keeping a physical card is not necessary.
  • KYC verification is made easy using third-party API – Sing pass.
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