The need for digital wallets and online payments have been on the rise in the past decade. The recent Covid-19 pandemic has completely changed the way of how the world works. More and more businesses are making a switch from brick and mortar stores to fully digital online shops.
The number of people making purchases online has drastically increased in the past few months, but the problem is often found in available payment methods. Some shops allow only credit cards while others allow paying through various online wallets. Dr. Ozan Ozerk’s app is making a push to include all payment methods into one single, easy to use platform designed to make managing finances easier than ever before.
Making Payments in The Digital World
In today’s day and age, when everyone around us owns a smartphone, everything we know has changed. These small but powerful devices changed how we interact with the world, and the recent pandemic showed that we still have a lot to learn.
As countries worldwide went into total lockdown, businesses had no other choice but to shift their entire operation online. They simply had to find a way to reach out to customers and make sure they stayed up and running in these dire times. The need for a fully digital market has been around for quite some time, but many small local businesses kept to their old ways of running an operation.
Today, almost every business has its own eCommerce website that allows customers to buy what they need online. However, with so many eCommerce platforms and different payment methods, many users have a problem making payments.
Here’s what Ozan’s CEO Omer Suner thinks about the new situation: “The world today is facing many unforeseen challenges that put everyone to the test. Simple actions like making online payments are often too complicated, and users have to shift their funds from one account to another to pay for products or services. Our goal is to create a single platform that allows everyone to make payments, send and receive money, and keep their finances in check with a single app.”
The Inspiration
Ozan is a Turkish ORM project founded by Dr. Ozan Ozerk, a long-time serial entrepreneur and fintech guru. He worked on some significant projects, including OpenPayd. Ozan Ozerk has been trying to create a working solution for making online payments.
His knowledge from founding European Merchant Bank has helped him gain valuable information into online financial systems. His extensive knowledge allowed him to create a platform that successfully implements all finance management features into one working tool.
Here’s what Ozan says about his new SuperApp: “I think that people have a certain aversion when it comes to making online payments. Some of them find the process too complicated; others are worried about online security. Well, my idea is to release an app that’s so easy to use, anyone can do it, even those that are not very tech-savvy. I want to create a platform that allows faster transactions, without users having to send their money from one online wallet to another.”
The idea is excellent, but there are dozens of serious challenges on the way, which is why Dr. Ozan Ozerk hired some of the best programmers and fintech experts in Turkey. The SuperApp is a result of years of hard work and continuous testing across multiple platforms. Naturally, Ozan is working very closely with the world’s biggest banks and other fintech experts to make this plan a success.
The New SuperApp
The newly-designed SuperApp is designed under the supervision of Ozan to allow users to make online payments, transfer money, and even exchange currencies within a single app. It has three main modes:
- Wallet-mode
- Game-mode
Each of these modes offers easy transactions according to the rules of the market. Let’s take a look at each mode in more detail.
1. Wallet Mode
The wallet mode is pretty much the same as any other online wallet such as PayPal or CashApp. It allows you to transfer funds to your online wallet and use them to buy products and services online. You can send your money directly from your bank account to your SuperApp wallet and use it to make purchases without leaving any credit card information.
2. Game Mode
The game mode allows users to buy games and in-game currencies directly from the app. It allows you to find the game or online store you want, select the items you want to buy, and make a purchase directly within the app. That means that you won’t have to create accounts, share credit card information, and so on.
The Bottom Line
It’s safe to say that Ozan’s extensive experience in the field, along with his competent team of experts, helped create one of the best online finance management apps the world has ever seen.
