Moving money is moving data.
So, when Moov enables payments across all the major rails, what we’re really doing is creating a single source of truth for all that data.
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Late payments are a real problem—for borrowers, lenders, service providers, and the entire economy. The World Bank estimates that they cost the global economy more than $40 billion a year.
You’ll never hear an accountant (or an engineer, for that matter) say, “That’s probably close enough.”
When you’re dealing with financial transactions—or building a system to record and handle them—precision matters.
We’re always looking for ways to make it quick and easy to embed new payments functionality within our customers’ user experiences.
At Moov, we believe problem-solving should take priority over shiny new technology. While we love breaking the payments mold (in 2022, we became the only cloud-native acquiring payments Processor), we’re also laser-focused on getting the details right—down to the tiniest transactions.
Statement descriptors are the text that describe transactions presented to us by our digital banking feeds (or paper statements) so that we can recognize them.
If you’re building a SaaS platform or any sort of business where customers need to pay online, the question of how to accept card payments is a familiar one.
I learned a valuable lesson as a young product manager years ago that transitioning your product from a cost center to a profit center for your customers changes the dynamic of your relationship with them.
Moov’s mission is to make it easy for applications to accept, store, and disburse money. Transfers in Moov are instructions to move money between source A and destination B.
If you’ve ever created an onboarding flow, you know how complicated it can get. It seems simple at first, but handling every failure state is tedious.
Even though we push to production every day at Moov, there’s nothing quite like publishing the changelog and seeing the complete list of what’s gone out.
Whether you’re a developer, product manager, or just a curious builder exploring our money movement platform, one thing is critical as you get going: the ability to play, interact, and test—quickly.