Revolutionizing Fintech Operations With Microsoft.net

Revolutionizing fintech operations with a centralized terminal management system! capable of handling over 200,000 pos devices and 800,000 terminals, this solution increases efficacy, security and scalability - and explore how microsoft.net powers cutting-edge fintech solutions!

Microsoft .NET: Empowering Scalable and Versatile Development

Microsoft.NET Enabling Scalable and Versatile Development Microsoft.NET is an effective software development framework from Microsoft that simplifies application creation, deployment, execution and operation on multiple platforms including Windows, macOS Linux as well as mobile OS  like iOS and Android.

Key Components

• .NET Framework is a Windows-specific implementation designed for creating desktop and server applications.
• .NET Core provides a cross-platform framework to develop applications on Windows, macOS and Linux platforms.
• NET: An extensible web framework used for developing scalable web apps, APIs and dynamic websites.
• Xamarin/.NET MAUI for developing mobile and desktop applications from one codebase.
• Visual Studio A comprehensive IDE for.NET application development

Core Features

• Language Interoperability: Seamlessly integrate multiple programming languages such as C#, F# and VB.NET into one cohesive environment.
• Common Language Runtime (CLR): Provide essential services like memory management and security to make life easier for developers.
• Base Class Library (BCL): Provides reusable code libraries for tasks like database administration, file handling and networking.

Why choose.NET?

• Cross-Platform Support: Create applications that run across various operating systems.
• Efficiency: Quicker development cycles and reusable components.
• Scalability: Ideal for enterprise-grade apps development
• Cloud Services Integration: Preloaded support for Microsoft Azure and other leading cloud platforms is built-in.

Applications of.NET

• Web Development: Delivering secure web applications using ASP.NET.
• Desktop Applications: Constructing Windows-based apps using WPF or WinForms.
• Mobile Applications: Cross-platform mobile applications developed using Xamarin or MAUI.
• Enterprise Solutions: Optimizing business operations through ERP and CRM systems.
• Game Development: Utilizing Unity game engine integration for creating immersive games.

Centralized Terminal Management System for Fintech

At our FinTech project, we designed and developed an advanced Terminal Management System (TMS). This TMS manages over 200,000 POS devices while supporting over 800,000 payment terminals - while also being capable of supporting 800,000.

Challenges

Our solution entails centralizing control of distributed POS terminals while creating a user-friendly and intuitive interface, securely protecting transactional data, integrating devices from multiple OEMs and existing technologies, and seamlessly managing operations across them all.

This project created a centralized Terminal Management System with the following capabilities:

 U/I Design: Enabling seamless user interaction.

Frontend and Backend Development: Ensuring robust operations.

Socket.IO Integration: Enabling real-time data transmission.

Beta Testing: Comprehensive quality and performance tests were completed to ensure quality and performance of the system. This provides a centralized platform to register, configure, and manage POS devices while decreasing operational complexities.

Results

A Centralized Dashboard designed to facilitate the management of thousands of terminals from different OEMs (Original Equipment Manufacturers), providing one central place for overseeing operations. The dashboard allows real-time monitoring and control of terminals regardless of manufacturer. This reduces on-site field support requirements as most issues can be solved remotely, leading to significant cost savings and shorter response times. This solution enhances operational efficiency by offering an all-encompassing view of a network, enabling faster decision-making, proactive maintenance, and optimized resource allocation. Furthermore, its intuitive scalability supports expansion without compromise in performance or extensive infrastructure changes.

Technologies Used - Microsoft.NET, Angular 14, SQL Server, Android, and Kotlin

By Basheer Ansari Shaik, Team DM, Hardwin Software Solutions