My concept of wallet app will need to fulfill the following requirements for me ( or user ) to understand its security and safeguard the financial benefit for the user.
- Pin code and SMS verification upon charging to the wallet.
- Realtime transaction notification on sending and receiving amount.
- Ability to set a spending limit.
- One step transaction ( send and receive ) amount.
- Provide a digital receipt to reduce the needs of keeping paper receipts.
- AI spending analysis and recommendation on financial planning.