online ips case study
Extend the reach of instant electronic payment technology across borders
The Online IPS Bank Challenge
Online IPS sought to globalize the usage of the Pix (instant electronic payment) payment model, widely popular in Brazil. In pursuit of this goal, the company turned to Luby to develop a solution capable of meeting this international demand.
The Luby solutions integrated into this project:
Finance Innovation
Online IPS was looking for a partner to help them develop their own payment gateway system, as the market solution they were using did not meet their expectations and needs.
The first step in this partnership was our Finance Innovation solution, which can support the design of new products. Our role was to deliver the entire product roadmap to Online IPS through a discovery.
We presented our work plan to Online IPS, gathered their perceptions and feedback, and together we defined the MVP of the solution.
The first step in this partnership was our Finance Innovation solution, which can support the design of new products. Our role was to deliver the entire product roadmap to Online IPS through a discovery.
We presented our work plan to Online IPS, gathered their perceptions and feedback, and together we defined the MVP of the solution.
Payment Solutions
Once the project was approved, we set out to assemble the team and develop a payment gateway through Pix, using a set of APIs that would allow customers to easily make payments through different acquirers. The goal was to enable a payment solution that would work for transactions with companies outside of Brazil, such as betting platforms, e-commerce and different types of applications.
Our experience with Pix integration streamlined this development, bringing our team’s expertise to the client in a collaborative way that was committed to the project’s success.
Our experience with Pix integration streamlined this development, bringing our team’s expertise to the client in a collaborative way that was committed to the project’s success.
Banking Evolution
On the eve of the launch of its new Pix Gateway product, which is in its final stages, Online IPS is already counting on the support of our Banking Evolution team to develop its solution.
The main objective of our work on this front is the security of the application, which is why we are working on improving the architecture of the solution, which will allow the gateway to scale to large demands and new functionalities applicable to the base solution.
The main objective of our work on this front is the security of the application, which is why we are working on improving the architecture of the solution, which will allow the gateway to scale to large demands and new functionalities applicable to the base solution.
The results of this
strategic partnership:
39% savings on total project value compared to a US supplier.
25% savings on the total value of the project compared to a supplier in Kansas (where the client is headquartered).
Interested in learning more about how Luby can help your business? Connect with our experts. Don't hesitate to contact us today.
Client Review
“Everything flows with Luby. Even when things don’t go according to plan, they still move in the right direction.
I would recommend Luby without any hesitation. They are by far the best development partner we could wish for.”
Witoldo Hendrich Júnior (Founding Partner / CLO)
Skill Set
Software Architecture
Solutions Architecture
Front-end Development
Back-end Development
Mobile Development
QA
Product Management
Product Owner
Scrum Master
Tech & Stack
About the company
Online IPS, an American company specializing in payment processing, began operations in 2007 with a focus on serving retail companies in the United States. Over the years, the company has successfully expanded its presence and extended its solutions to countries such as Colombia, Mexico, Peru and Brazil.
This strategic expansion and development has enabled Online IPS to provide secure and high quality payment solutions on a global scale.
This strategic expansion and development has enabled Online IPS to provide secure and high quality payment solutions on a global scale.
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