Peer-2-Peer payment apps

Looking to develop an apps for transferring money between individuals: for example, between friends and relatives. The money from the customer’s account gets transferred directly into the recipient’s electronic wallet. This peer-to-peer payment apps must be able to connect with banks, digital wallet services, or standalone payment services like PayPal.

take a closer look at Venmo business model that not only transfers money to friends and family, but also works with select online retailers.

For more information about what I am expecting as my app features you can visit https://venmo.com/ and expand the 8 categories to explore each of their drop down menus. See attached file.

App must have basic features such as:

- Secure sign-up using face recognition, biometrics and two-factor authentication
- Basic niche-specific operations
- QR code scanning
- Third-party integrations
- AI bots and assistants
- Custom notifications
- The app currently should be selected by user between USD. EUR. and CFA, see attached screenshot of OANDA exchange.
- The app is in English but it should have language selection by user between Spanish and English.
- This should be an Android and iOS App

How to secure my fintech application?

- Use data encryption, access policies, DLP features and backup systems to prevent data leakage
- Use biometrics and two-factor authentication, reliable password policies, credit and identity monitoring to prevent identity theft
- Use AI, ML and DPI firewalls to detect and prevent malware attacks
- Use only trusted cloud service providers and implement strong cloud security policies
- Prevent compromise of APIs with API access authentication and other relevant measures