Contributor :
Pratap Pawar
Mentor :
Samuel Kummary
The PISP Demo app for Mojaloop addresses the challenge of enabling secure and seamless third-party payment initiation in digital financial ecosystems. Many financial institutions struggle with offering cost-effective, instant payments while ensuring user security. This project demonstrates the Payment Initiation Service Provider (PISP) use case, showcasing how Mojaloop’s open-source platform can integrate third-party payment solutions securely and efficiently. Through an app-like interface, the demo simulates end-to-end payment initiation sequences, highlighting Mojaloop’s robust APIs, security features, and potential for fostering financial inclusion at scale.
Contributor :
Pratap Pawar
Mentor :
Samuel Kummary
The PISP Demo app for Mojaloop addresses the challenge of enabling secure and seamless third-party payment initiation in digital financial ecosystems. Many financial institutions struggle with offering cost-effective, instant payments while ensuring user security. This project demonstrates the Payment Initiation Service Provider (PISP) use case, showcasing how Mojaloop’s open-source platform can integrate third-party payment solutions securely and efficiently. Through an app-like interface, the demo simulates end-to-end payment initiation sequences, highlighting Mojaloop’s robust APIs, security features, and potential for fostering financial inclusion at scale.
About Contributor
Pratap Pawar is a computer science undergraduate with a passion for building innovative solutions using AI and cloud technologies. His keen interest in financial inclusion and digital public infrastructure led him to contribute to the Mojaloop Foundation through C4GT. Pratap is driven by the desire to solve real-world problems at scale, and in his free time, he enjoys exploring new tech trends and working on open-source projects.
Key Impact Takeaways:
- This project demonstrates Mojaloop’s PISP use case, simplifying third-party payment initiation for financial institutions globally.
- It enables financial inclusion by providing secure, instant payment solutions across the globe.
- The demo app highlights Mojaloop’s robust security features, ensuring safe transactions for users and financial institutions.
- The project is a key part of Mojaloop’s efforts to lower costs and time-to-market for customized payment solutions.
- Contributor Pratap Pawar will continue as a key developer for future enhancements of the demo.