Bill payments
This feature is needed to provide your future customers with the ability to pay bills at any time and from any place online. Paying bills is always seen as a burden. This feature will help give your product an additional competitive advantage and attract new customers.
Splitting and paying bills with Revolut
E-wallets
E-wallets can be online mobile service or app that allows users to make electronic transactions.Â
When integrating such a wallet, users can interact with the service and pay contactless in every country they visit without having to create multiple bank accounts each time.
Revolut cryptocurrency wallet
Online ID check
Online ID verification is a process that helps to check whether your app interacts with a real person. An online ID check also ensures that your users are who they claim to be. Such a process prevents your product and your customers from any kind of fraud.
Adding an online ID check as an account confirmation stage helps you make your own peer-to-peer payment system safer for your customers. It is helping them to feel more protected. We recommend integrating automated verification requests and setting money limits.
Revolut ID Verification
Payment Statistics
A payment statistics system is a set of features that helps to visualize all the userâs transactions by such criteria as volume, status, receiver, or even country.
These features are especially good for those users who like managing their finances. Therefore, your mobile platform will be more convenient and user-friendly, attracting new customers, and making their experience smooth.
Revolut payment statistics
Notifications and Alerts
Any notification is important. It allows you to inform your customers about all the actions within their banking accounts. For instance, you inform people about the status of their transactions, payments, or monthly subscriptions.
Revolut notifications
International Transfers and Currency Exchange
Traditional money transfers can be long, delayed, or require exorbitant fees.
Moreover, though international transfers arenât new for modern banking, traditional banks often demand that clients visit a physical branch to conduct a transfer. Integrating online transfers and exchanges to a banking mobile app account would enable users to send and receive their money within a few seconds and swipes.
Revolut currency exchange
Multilingual Interface
If you just start to create a peer-to-peer money transfer app, you can use a single language. Itâs enough for MVP goals â for example, to represent your product to customers and investors.Â
But at later stages, it is worth considering adding multiple languages to a user account. This would help you grow and expand worldwide, attracting more new customers in each country.
Revolut multilingual interface
Support
The support isnât actually a feature. It is a system of features that guarantee your customers can get help when they have questions or problems.
Your support system should include at least live chat, email, or call features. However, online chats remain the most convenient choice. Your customers can get the fastest support by asking a question in the mobile in-app chat.
When it comes to fintech products, and especially for mobile online banking, it is essential that users feel protected when using a product. The support features gradually increase usersâ sense of security and encourage them to use the software more.
Revolut customer support
Integrations
Integrations are required to connect with other world banks and money transferring systems via API and other protocols.
Money transferring mobile app can be connected with different banks your customers use. So they can control their funds using your app.
This way, your customers can access their assets in different places worldwide by using your money transfer app. For example, ICICI Bank offers an API for open banking between banks and customers.