Instant loan with personal ID only

SMSCredit iPhone App for Lithuania

Technologies:

iOS / Android / mobile API

About the project
Making of

Remote Control

We’ve organized and managed effective communication between client’s back-end team in Lithuania and our mobile development team in Novosibirsk.

Although our previous experience for another 4finance brand in Russia came in quite handy, even minor differences in the registration process or — worse — in any laws concerning personal data can have a dramatic impact on the app architecture and user story. But this time we were very lucky, because Lithuania unlike other countries has something very special.

Orwell warned you

Asmens Kodas is a unique ID assigned to every citizen in Lithuania, something like a social security number in the US. Registration process turns into real magic with it. Instead of filling out endless forms, users just enter their Asmens Kodas number and check their data is correct.

Asmens Kodas is also used to access national databases containing personal banking and financial history, so the scoring system processes loan statuses in less than 15 minutes.

What’s my age again?

Another unique feature we had a chance to use here is a minimal amount transfer to confirm the account info. Instead of entering the account details directly, customers choose their bank and then redirected to the bank’s online transfer page. Once the minimal amount (1 cent) is transferred to the loan provider’s account, we can confirm the personal data and transfer the money to the same account without any chanсe of mistake. Unfortunately, this mechanic wouldn’t work in Great Britain, for instance, because banks there are not allowed to reveal such information.

One step ahead

The whole development process took about five months including business process analysis and back-end services integration. During this time we’ve managed to create not just single product, but build up a foundation for future partnership.

The next step was defining the overall mobile strategy and platform for further development of the 4finance services in other countries. That was the beginning of a beautiful friendship and turned into several other great products.

Project phasing

Remote Control

Orwell warned you

What’s my age again?

One step ahead