Challenges We Faced
Managing personal loans and borrowings is often a manual, error-prone process. Users typically rely on notebooks, spreadsheets, or memory, which leads to confusion and disputes. The main challenges were:
- No structured system to track borrowed or lent money.
- Difficulty setting reminders for repayment deadlines.
- Lack of transparency between lenders and borrowers.
- Poor record-keeping, often resulting in forgotten transactions.
- Limited financial awareness, making it harder to track balances.
Solution We Propose
We built the Pari App, a simple and intuitive loan & borrowing management application. The app enables users to keep track of financial exchanges with friends, family, or peers in an organized way. Key features included:
- Interactive touchscreen ordering with intuitive navigation.
- Customization options for food items (ingredients, add-ons, and special instructions).
- Printer integration for instant receipt generation.
- Integrated payments through DataCap API, enabling card transactions directly from the kiosk.
- Factor 4 loyalty API integration to connect loyalty points and rewards.
- Real-time menu sync with the restaurant’s backend system for item availability and pricing updates.
Infrastructure & Workflow
Empowering global teams with tools to manage tasks efficiently, collaborate seamlessly, and stay connected in any language.
Add Transaction
Users record whether they are lending or borrowing money.
Set Reminders
Due dates and alerts ensure repayment isn’t forgotten.
Manage History
Full loan/borrow records are stored for future reference.
Payment Integration
Users can repay directly through Square Gateway.
Notifications
Alerts keep both parties informed about pending amounts.