Case Study: ICS Partners with Paynova to Launch Real-Time Payment System
The Challenge
Paynova’s internal development team was at capacity, and the timeline for launching the new product was aggressive. The company needed a scalable tech partner to:
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Develop backend services and microservices architecture.
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Ensure high security and GDPR compliance.
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Integrate the system with European banking rails.
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Provide a responsive frontend dashboard for merchants.
Solution: Outsourcing to ICS
Paynova partnered with ICS, involving a dedicated agile squad with backend and frontend developers, QA engineers, and DevOps resources. Key technologies included .NET, PostgreSQL, Docker, Kubernetes, Angular, and integrations with Tink and Bankgirot APIs.
Deliverables & Key Results
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Real-Time Transaction Engine:
Supported thousands of concurrent payout requests with under 1-second latency. -
Merchant Dashboard:
A React-based frontend providing analytics, transaction status, and export capabilities. -
Automated Compliance Layer:
Integrated with AML and KYC third-party services to monitor transactions.
Results
- 1.System launched successfully within 11 months.
- 2.45% increase in merchant onboarding within the first quarter post-launch.
- 3.Outsourced team remained onboard for post-launch maintenance and iterations.
“ICS delivered beyond expectations. Their ability to ramp up quickly and work seamlessly with our in-house architects was a key factor in our successful launch.”
— CTO, Paynova AB
Every day, ICS helps Fintech and Edtech companies build smarter, more secure, and more scalable IT solutions.
The right technology isn’t enough — you need the right team.