Mobile wallet for offline crypto payments.

Finance
Digital wallet
Crypto
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Industry:

Finance & banking (crypto)

Project:

Oobit

Team:

1 iOS dev
1 Android dev
1 QA specialist
1 Project manager

Duration of project:

Started in 2021 (ongoing)

Country:

Israel

Tech stack:

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Oobit is an app where crypto holders can Tap & Pay at any store anywhere Visa and Mastercard are accepted, just like using Apple Pay®.

Client value
​​​​​​​ to end user.

Anyone who holds cryptocurrency now can buy goods and services at offline stores. Using an easy-to-use mobile app and NFC technology, users of Oobit can easily pay at any location Visa and Mastercard are accepted. 

Risks.

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Regulatory compliance

The mobile app's global accessibility requires specific crypto licenses in various countries. To address this risk, we worked with third-party partners experienced in legal and regulatory compliance.

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Market and innovation

Crypto payments in traditional stores are new and risky to develop. To ensure smoother development and launch, we have formed strategic partnerships with third party organisations that can handle the legal and financial aspects. 

Challenges.

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Crypto-to-fiat conversion

A key challenge for the infrastructure has been developing a robust system for converting cryptocurrencies into traditional fiat currencies like the Euro and U.S. Dollar. We have successfully addressed this challenge over a three-month period, ensuring a reliable conversion process. 

Development phases.

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Team formation: We assembled a dedicated team consisting of specialists with specific roles: 1 iOS developer, 1 Android developer, 1 QA specialist, 1 Project Manager. 

Requirements gathering: A thorough requirements gathering phase. We collaborated closely with the client to define project objectives, user stories, and acceptance criteria. 

​​​​​​​Technology selection: After careful consideration, Native Android (Kotlin) and Native iOS (Swift) were chosen as the development languages due to their close integration with device capabilities, which is crucial for implementing features like NFC and secure payments. 

Performance & optimization.

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Converter optimization: To optimize efficiency and resource usage, the team worked on improving the efficiency of the currency converter, streamlining communication protocols, and optimizing payment processing to reduce delays. 

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UX features: A tutorial was implemented at the beginning of the application to assist users in understanding how to use the app effectively, improving usability for new users. 

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Automation: It was leveraged for unit testing, integration testing, and regression testing — identifying and addressing bugs early in the development process, reducing testing costs and improving overall software quality. 

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CI/CD Workflows: Established using Firebase for Dev and Test environments and Apple/Google Play stores for production deployments — enhancing project efficiency by automating the build, testing, and deployment processes 

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Scalability: It can easily scale to accommodate future feature development. The architecture allows for seamless integration of additional functionalities as the product grows. 

Results.

User adoption rate

10,000

active users

The project indicates a positive user adoption rate.

Customer response

50,000

engaged

Customers have engaged with the system showing a significant level of interest and response.

Cryptocurrency integration

+21 cryptocurrencies

cryptocurrencies

We integrated a diversity of supported cryptocurrency

Lessons.

01

Agile/Scrum Practices

Agile/Scrum Practices

Implement Agile/Scrum methodologies effectively to improve stakeholder involvement and project management.

Agile/Scrum Practices

Implement Agile/Scrum methodologies effectively to improve stakeholder involvement and project management.

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