Challenge Overview

Many users regularly make recurring payments such as utility bills, subscriptions, school fees, or loan repayments via digital wallets. Users must remember and manually initiate these payments each time they are due.

Without automated payment scheduling, users may miss important payments or experience inconvenience in repeatedly performing the same transaction.

Participants are challenged to design a smart payment scheduling and automation system for a digital wallet that allows users to manage recurring payments easily and reliably.

Challenge Objective

Develop a solution that enables users to schedule recurring payments, receive timely reminders, and automate regular transactions, helping them manage routine financial obligations more efficiently.

Problem Scope

The solution should focus on introducing payment scheduling and automation capabilities, including:

• Setting up recurring payments
• Managing upcoming scheduled payments
• Sending reminders before payment due dates
• Helping users track regular financial obligations

Key Issues

• Users must manually initiate recurring payments every time they are due.
• Users may forget important payments such as utilities or subscriptions.
• There is no automatic detection of recurring transaction patterns.
• There is no centralized view of upcoming scheduled payments.
• Repeated manual transactions create unnecessary friction for users.

Guiding Questions

• How can users easily schedule recurring payments?