Osper - Mobile Banking for Young People

Osper aims to provide young people with a convenient, secure, and easy to understand mobile banking experience. It recognizes the special needs and habits of young people in financial management, and helps them establish healthy financial habits and better manage their funds through innovative service methods. Mainly targeting teenagers and young adults. This group may have just started to engage with financial affairs and may feel confused about the complex processes and terminology of traditional banking services. Osper provides a mobile banking solution that better meets their needs, helping them adapt to financial life, from daily pocket money management to initial savings and consumption planning.

Main functions

• Account management

Easy account opening: Osper provides a simple and convenient account opening process. Young people can quickly complete account opening with the assistance of parents or guardians (for minors) through mobile applications. This process usually only requires providing basic personal information and identity verification documents, which is simpler and faster than the traditional bank account opening process.

Multi account support: allows users to have multiple types of accounts, such as daily expense accounts and savings accounts. Users can easily transfer funds between these accounts, such as setting a regular plan to transfer funds from their spending account to their savings account, helping them develop good savings habits.

Account monitoring: Users can view their account balance and transaction history in real-time. Through a clear and intuitive interface, they can keep track of their capital flow at any time, including records of every consumption and income. This transparency helps young people better grasp their financial situation.

• Payment function

Contact payment: supports modern payment methods such as contactless payment (such as using the NFC function of a mobile phone). Young people can link their Osper account with a payment card or mobile payment platform to conveniently make payments in various consumption places such as stores and restaurants, just like using traditional bank cards or mobile payment applications.

Online payment: In response to the growing demand for e-commerce, Osper also provides secure online payment functionality. Users can easily use their Osper account to complete payments on shopping websites, and can set payment reminders and limits to avoid excessive consumption.

P2P payment: provides a peer-to-peer (P2P) payment function, making it convenient for young people to transfer money between friends. For example, operations such as sharing bills and repaying loans have become simpler and faster, and transfers can be easily completed by simply using the other party's phone number or other identification information.

• Financial tools and education

Budget Planning: Osper comes with a budget planning feature that helps users set monthly or weekly budget goals. Users can allocate budget limits based on different consumption categories (such as catering, entertainment, transportation, etc.), and when the budget limit is approaching, the application will issue a reminder. This helps young people learn to control expenses reasonably and cultivate good consumption habits.

Financial education resources: Provide rich financial education content, such as articles, videos, small games, etc. These resources introduce basic financial knowledge to young people in a simple and understandable way, including the importance of savings, interest calculation, and the characteristics of different financial products. By combining education with entertainment, we aim to enhance users' financial literacy.

Savings Goal Setting: Allow users to set savings goals, such as saving for purchasing a new phone, traveling, or pursuing further education. The application will provide suggestions and progress tracking for achieving savings goals based on users' income and expenditure, motivating young people to actively save.