PCKT Money
PCKT is an app designed to teach children and young people to collect and save their own money. PCKT serves as both a deposit facility and a payment method that parents can easily control. The service includes a monthly payment card and an app that makes saving and spending easy to follow.
Devolon built the service's technology and application, and service design. Develon's extensive experience in the field of data security and payment solutions can still be found in the Armenian division, where the creation of the Mastercard payment card platform was centralized.
Dealing with an international payments giant is not always easy, and Devolon has to go through the process from the beginning. Mastercard licensing requires extensive staff knowledge, a secure environment and all relevant documentation. Other challenges for the project include payment card company compliance with PCI standards and external audits.
Challenges:
Service and system design
Website, two mobile apps
Mastercard Issuer status
PCI standard and external auditing
Maintenance and development
Result:
PCKT has grown steadily and has a loyal customer base. With the PCKT account, Devolon received Mastercard Issuer status, and we have implemented several card applications ัor our customers in Finland and the Middle East.
Devolon is a subsidiary of PCKT Money Plc.