Challenge: The Financial Services provider faced delays in partner onboarding due to custom
data formats, escalating operational costs from growing partner ecosystem requirements, and
data security concerns during information exchange.
Our Solution:
Implementing an innovative wallet solution, we orchestrated seamless payment processes for
healthcare practitioners. Key components included:
- Efficient Customer Onboarding: Facilitated seamless customer onboarding, encompassing limits and KYC document management.
- Integration with Stripe: Seamlessly integrated with Stripe for effective wallet balance management.
- Streamlined Payments: Enables secure payments from physical accounts to healthcare practitioners while ensuring wallet balance oversight.
- Dynamic Commission Handling: Managed practitioner-level commissions, calculating split payouts in real-time for the health startup.
Value Creation:
- Enhanced Customer Experience: The seamless payment solution revolutionized customer experience by simplifying payment collection and enabling hassle-free transactions.
- Operational Efficiency: The integration with Stripe streamlined wallet balance management, automating the payment process for health practitioners.
- Commission Management: The dynamic commission calculation and split payout mechanism empowered the startup to efficiently manage practitioner commissions.
Highlights:
- Integrated with Stripe for efficient wallet balance management.
- Seamless onboarding process with limits and KYC document management.
- Real-time split payout calculations for practitioner commissions, ensuring accurate payouts.
Through our transformative wallet solution, we empowered the healthtech startup to overcome
payment-related challenges, delivering heightened operational efficiency, improved customer
experiences, and efficient commission management in the healthcare sector.
