With 25+ years of expertise in payment systems, Opus ensures that a digital payments solution is secure, compliant, performant, integrated, and intuitive., With the rising popularity of modern digital payments, a well-tested and high-quality system helps mitigate the policy and performance risks associated with new-age business models.
Key Challenges Faced by Banks, and Digital Payment Enablers in FinTech Testing
Ensuring every transactions is secure and free from fraud which is critical for the high-sensitivity payments domain
Complexity in supporting stringent regulatory compliances, global and regional, and industry standards across diverse payment modes
Incoherent legacy systems that make backward compatibility and integration of banking, ecommerce, and mobile applications difficult
Degradation of application performance during peak transaction periods due to inefficient handling of peak volume traffic
Difficulties in offering an intuitive, seamless, and cohesive experience across user touchpoints
Inadequate technical and domain expertise to conduct comprehensive use case, integration, and regression testing while ensuring security, compliance and preventing fraud
Lack of interoperability with other platforms, such as e-commerce applications
Complex unification of diverse payment methods, currencies, and automation technologies
With the deep penetration of digital payment solutions, the associated risks have escalated. The criticality of the domain and the pace of its growth demand proficiency in the development and testing processes. Opus combines testing competence and industry expertise to help businesses launch the highest-quality products. By automating quality assurance software testing processes and fostering collaboration across multiple stakeholders involved, Opus helps clients accelerate product launches, reduce risks, and meet regulatory requirements using advanced quality assurance testing tools. Mature testing frameworks at Opus encompass automated, manual, certification, performance, security, chaos, integration, and functional testing for entire payment landscape - gateway integration, processing, data storage, and compliance.
Our QA Testing Services Include
Providing expert consultancy regarding design, technology, and automation practices based on domain for a cost-effective proposition
Accelerating application testing processes via manual, certification, performance, security, chaos, integration, automation, and functional testing approaches
Covering a wide array of interaction channels for payment applications such as POS devices, simulators, web portals, mobile applications, ATMs, and much more
Ensuring 360-degree coverage of business functional areas, such as digital and core banking, money movement across switch and gateways, merchant and card management through in-depth test cases and test repositories
Enabling live testing for mobile labs and modern ATMs
Designing smart testing solutions for Certification testing
Employing matured practices and leveraging ready frameworks for UI, API, and switch testing and integration of test repositories
Opus Ensures Customer Satisfaction and Payments Security
Stability and Security: Prevents fraud and ensures security and stability through early detection of vulnerabilities to protect sensitive information
Compliance: Ensures compliance to prevent legal liabilities and penalties
Expedite Deployment: Enables faster deployment of new product features and functionalities by speeding up the testing process with automation and continuous testing
Brand Reputation and Cost Savings: Saves time, effort, and costs by identifying potential issues in the early stages
User Experience: Increases customer satisfaction by highlighting friction points offering seamless user experience across channels and eliminating performance gaps
Competitive Advantage: Prevents legal liabilities by ensuring compliance with numerous regulatory standards, such as PCI DSS providing a reliable and secure user experience
Reduce Downtime: Reduces downtime through timely identification of performance issues and effective contingency planning
Recommended Resources To Explore
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READ NEWSLETTERVIEW ALLFrequently asked questions
Technically quality assurance and testing verify and validate a payment solution’s conformity to explicit or implicit functional and non –non-functional requirements.
The focus of testing quality assurance is on preventing mistakes and ensuring an elevated experience once the solution is live. The process involves creating and performing targeted tests to provide feedback to ensure that industrial and organizational quality standards are adhered to.
The 4 types of quality assurance are – planning for the process (Plan), implementing the plan (Do), checking for any non-conforming operations (Check), and making corrections according to the results of the previous step (Act).
Quality assurance is an all encompassing activity that involves ensuring quality at every stage of agile software development by integrating quality control practices within the development process. QA testing, however, is done after certain modules are developed or integrated to identify and report any errors, bugs, or faults due to which the solution may not perform as per expectations.
In a customer-centric industry such as FinTech, quality assurance testing is essential because it helps maintain conformance with industry standards while ensuring its operability by the layman. It also helps in verifying the effectiveness and efficiency of the product before it reaches the end user.
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