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    Mockup 22pay

    2Pay is an Australian fintech platform that automates the distribution of professional income into two separate accounts based on user defined percentages offering secure and flexible payment cycle option.

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    Industry

    Fintech

    Overview

    2Pay is a complete solution for automated income distribution designed specifically for professionals in Australia

    2Pay is fintech platform that enables users to automatically split their incoming payments from a single bank account into two separate accounts based on user defined percentage  

    It also offers flexible payment cycle option (daily, weekly, or fortnightly) and ensures secure transaction through advance encryption , multifactor authentication and role based access control

    Thus, 2Pay improves financial management efficiency and simplifies income distribution for professionals while ensuring compliance and security

    Key Features

    • User can link their preferred bank account and setup automated distribution of funds to two separates accounts based on specified percentages.
    • Flexible payment cycle option are available to user they can transfer their payment daily, weekly or fortnight as well.
    • 2Pay employs advanced encryption for data protection, enforce strong password policy, utilize multifactor authentication and implements role based access control to ensure user security.
    • A monthly subscription fess is applicable varying based on selected payment cycle.
    • User must have a dedicated bank account exclusively for collecting professional service fees to avoid dishonor fees.

    Challenges

    • Ensuring accurate transfer of payment into two separate accounts based on specified percentage.
    • Verifying the preferred bank account balance before each distribution to prevent failed or partial transaction due to insufficient funds.

    Solution

    • We integrated the payTo method from the Monoova payment gateway Api, which enables secure automated fund distribution using predefined split rules, reducing manual intervention and enhancing accuracy.
    • We implemented a basic balance check feature using the standard payment gateway Api, which validates available funds prior to initiating transfer payment processing.

    Transforming Ideas
    into Stunning Designs:
    From Wireframe to Wow!

    Design Tools

    • Adobe XD
    • Invision
    • Photoshop
    2pay Wireframe

    3rd Party APIs/SDKs/Libraries

    • Monoova
    • Basiq
    • Twilio
    • SendGrid

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