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Payment Software Development Services
ScienceSoft combines 19 years of experience in engineering payment software with deep practical knowledge of 30+ industries to deliver reliable and effective payment solutions tailored to our clients’ unique needs
Payment software development services aim to create solutions that enable automated payment processing and offer businesses and consumers a convenient payment experience.
ScienceSoft engineers user-friendly, high-performing payment software that smoothly integrates with the required processing systems and provides unimpeded scalability to handle the growing volume of transactions. We help establish robust protection of payment software and achieve compliance with PCI DSS, 3D Secure, CPA, SOX, GDPR, and other necessary regulations.
Whom We Serve
- Banks
- Non-bank payment service providers
- Card providers
- Enterprises looking to digitalize their payment processes
- Paytech startups
- Payment software product companies
Payment Solutions ScienceSoft Delivers
From simple mobile apps to large-scale multi-party networks — we create all kinds of payment solutions and securely integrate them into robust payment processing chains.
Payment processing software
A backbone of any digital payment system, such software enables automated capture and processing of online and point-of-sale payment transactions and their instant transfer to the local and global payment processing networks to finalize funds transfer between the parties.
Web or mobile payment apps offer a fast and convenient way to send and receive digital payments for businesses and individuals. Such apps offer extensive self-service options for payment execution and funds management, support various payment methods and currencies, and can provide billing automation.
Apps that offer a fast and secure way to perform domestic and cross-border P2P funds transfers. Functioning as full-featured digital wallets, such apps introduce rich functionality for money transfer and management, providing 100% visibility and streamlined control of transfer transactions.
Such software combines loan management functionality with a broad set of consumer-facing features for convenient online and in-store installment payments. BNPL software helps merchants drive higher order value and frequency by letting shoppers pay their purchases off later in small portions.
Payment gateways serve to integrate payment functionality into customer-facing applications. Such software instantly collects purchasing details, billing information, and payment data provided by customers, encrypts the data, and transfers it securely to a payment processing system.
This software facilitates the integration of multiple selling platforms with the processing systems of various payment service providers. Such solutions instantly aggregate omnichannel transactions and provide analytics-based transaction routing to the best-fitting payment processor.
Software that helps enterprises eliminate manual tasks across all payment-related processes, from document processing to payment execution and reconciliation. Such solutions automate various types of payments, including supplier, employee, tax, and intercompany payments.
Payment fraud detection systems
Software that relies on artificial intelligence to analyze payment transactions and payer behavior and instantly spot fraud. Such solutions help prevent financial losses associated with malicious activities of employees and external bad actors.
Payment analytics software
Software that analyzes historical transactions and forecasts the company’s and customers’ payment behavior and payment method performance. It helps accurately plan finance and promotional activities and can provide AI-powered advice on payment-related spend optimization.
Decentralized networks that enable cost-effective, near-instant processing of domestic and cross-border payments with no cut-off times and no involvement of third parties. Such solutions offer full traceability of payment transactions and provide advanced security of payment data.
We build custom payment solutions that support all required payment methods:
- Credit card
- Debit card
- Bank transfer
- E-check
- Digital wallet
- Direct debit via ACH
What Our Clients Appreciate about ScienceSoft
We chose ScienceSoft as a technology partner for the mobile banking development project. We were pleased with the outcomes of the project and with the collaboration mode. ScienceSoft brought to the table substantial expertise in mobile application development and a customer-centered approach to application design. We especially appreciate their professional approach to security issues, which were among our main concerns due to strict regulations.
We aimed to enhance our web platform and create a mobile app to facilitate POS financing. ScienceSoft offered the needed skills in back-end and front-end development, quality assurance, and Scrum management. Thanks to ScienceSoft, we achieved our project goals on time and within budget. They provided high-quality service and valuable tech insights that aligned well with our vision and specific needs.
The guys really cared about the online payment solution (a web app + iOS and Android mobile apps) they developed for my company and weren’t happy until they had it perfect. ScienceSoft were very patient with me when I changed my mind about requirements. They also ask the right questions and look for ways to improve on an idea. Their communication was really good, and they explained their approach to all aspects of the development.
Features We Recommend to Add to Drive High User Satisfaction
In our projects, we power payment solutions with the following capabilities to enhance software convenience for end users and drive high ROI:
P2P domestic and international money transfers.
AI-powered budget, savings, and payment planning.
Online and offline QR-code-based payments.
NFC-enabled onsite mobile payments.
Creating and managing virtual payment cards.
Biometric authentication.
Voice commands and text-to-speech.
Explore ScienceSoft’s Success Stories
Why Build Payment Software with ScienceSoft
- Since 2005 in financial software development.
- Expertise in 30+ industries, including BFSI, retail, ecommerce, manufacturing, healthcare, telecoms, and entertainment.
- Payment software engineers proficient in advanced techs: cloud, AI/ML, big data, blockchain.
- Since 1999 in web development and since 2005 in mobile to deliver stylish, convenient, and high-performing payment apps.
- Since 2003 in cybersecurity to guarantee world-class protection of payment software.
- Compliance experts with 5–20 years of relevant experience to ensure payment software compliance with PCI DSS, SOC1 and SOC2, SOX, CPA, EMV, GDPR, PSD2, HIPAA, and other required regulations.
- ISO 9001- and ISO 27001-certified company to guarantee mature quality management and full security of our clients’ data.
- ScienceSoft is a three-time member in the Global Outsourcing 100, the list of the most trusted outsourcing service providers carefully assessed and selected by IAOP.
We are trusted by global market leaders
What makes ScienceSoft different
We achieve project success no matter what
ScienceSoft does not pass mere project administration off as project management, which, unfortunately, often happens on the market. We practice real project management, achieving project success for our clients no matter what.
ScienceSoft USA Corporation Is a 3-Year Champion in the Financial Times Rating
Three years in a row (2022–2024), the Financial Times has included ScienceSoft USA Corporation in the list of 500 fastest-growing American companies. This is the result of our dedication to driving project success despite any constraints and disruptions.
Our Field of Expertise
ScienceSoft provides full-cycle consulting and engineering services to deliver effective and secure payment solutions.
Payment software development
We promptly engineer your payment solution, integrate it with the required systems, and perform comprehensive quality assurance. We can also provide after-launch software support. You get a secure solution with capabilities tailored to your business and end-user needs.
Payment software evolution
We can help rearchitect your payment system, migrate it to the cloud, or modernize the legacy tech stack and codebase. Our engineers can also add new features to the existing software to help you get a working solution faster and at a lower cost.
Consulting on payment software development
We introduce an optimal feature set, architecture, UX/UI design, and tech stack for your payment solution and advise on cost optimization opportunities. You also get recommendations on security and compliance and a project roadmap for risk-free implementation.
Payment product consulting
We analyze the competition, define the fitting market niche and target audience for your payment product, and form a unique selling proposition. You receive a clear concept of your payment software and an interactive prototype to quickly test the product’s technical feasibility and usability.
Our Tried-and-True Practices to Lead Payment Initiatives to Success
Follow the links below to explore the descriptions of project management and development practices behind our value-driven approach to payment software engineering. The pages also feature examples from our recent projects and overview the pitfalls to sidestep.
If you’re wondering how our approach will benefit your particular case or want to see ScienceSoft’s projects similar to yours, don’t hesitate to contact our consultants.
Close and transparent collaboration
We establish flexible communication tailored to your preferred interaction format, timing, and channels. Our experts devise tailored sets of KPIs to measure cooperation efficiency and regularly report the progress to enable quick responses to potential risks. We also incorporate continuous knowledge transfer into our processes.
Designing for maximized value
Seamless performance, complete security, and excellent UX are the three pillars of winning payment software. We create accurate logic, scalable and flexible architectures, design convenient user journeys and sleek interfaces, and enforce robust security mechanisms to deliver a superb payment solution that checks all the boxes.
Accurate scoping and estimates
We scope the project around your specific requirements to ensure a smooth and predictable development flow. An accurate project scope helps us arrange an optimal team and precisely estimate the timelines and cost to deliver your payment solution, preventing unforeseen expenses.
Fast development
Thanks to our mature Agile practices, consistent project documentation, quick change request processing, and multi-domain expertise of our payment software engineers, we can deliver an MVP of your payment solution in just 2–5 months and continuously evolve it in 2–4-week iterations.
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ScienceSoft's Mission is Driving Your Project Success No Matter WhatAchieving project goals despite time and budget constraints and changing requirements is our top priority. You set goals, we drive your payment software project to fulfill them by all feasible means. |
