Mail.Ru Group has recently developed a platform for Mastercard enabling money transfers from online bank account to bank cards associated with a phone number, an email or an account of biggest Russian social networks ok.ru and vk.com.
The platform is powered by Tarantool DBMS and application server and infrastructure as a service provided by Mail.Ru Cloud Solutions.
In this partnership with Mastercard, Tarantool has created an innovative platform for banking services that can operate a large number of concurrently executed operations in real-time.
The platform allows users to safely exchange information about specific bank cards and user IDs in the form of a mobile phone number, email or an account on social networks. In addition, an external platform shell an API was created that allows any bank client able to connect to Mastercard.
The technical solution is horizontally scalable. Tarantool architecture allows the fast development of transactional services, including its rapid database and an application server, all located in a single address space. The project can be rapidly expanded and supplemented in accordance with the objectives of the customer.
Within the platform, banks can realize services for their cardholders, as well as non-cash transfers through mobile phone number, email or social network accounts. After connecting the bank to the platform, the user will simply go to the website or to the mobile application of the bank and perform the transaction in a few clicks. This can be done without knowing the number of the recipient's bank card.
Tarantool is an open source database management system. Tarantool brings together the speed of cache systems with the reliability of industrial solutions. Tarantool also operates an IIoT platform for the industrial internet of things that collects data from millions of sensors at industrial, transport or agricultural sites, and sends the data to data centers to be analyzed online.