Finxone is a potent platform that empowers businesses to rapidly and easily develop innovative banking applications. One of its standout features is its capability to provide flexible payments in banking applications, which sets it apart from other platforms.

Finxone’s payment options are adaptable because the platform can control the timing of a payment release. This implies that businesses can apply various scenarios to suit their specific needs. For instance, a deal room feature can be added, where payment for a high-value product, such as a house or car, will only be released once an agreement has been reached by invited deal room guests.

In another scenario, a tiered user system, such as a boat captain and crew, can be implemented. Payments up to a certain value do not require the captain’s permission, but payments exceeding a specified amount require the captain’s approval. Additionally, a family banking account can be created where parents can control the payment cards of their children, setting limits on spending and conditional top-ups for their accounts based on their children’s chores.

Overall, Finxone is a highly innovative and flexible platform that enables businesses to easily build and customise their banking applications. Its advanced payment scenarios and customisable features make it an excellent choice for businesses looking to build innovative banking applications that meet their unique needs.