Other than the 3 pain points identified, we were able to identify opportunity points that appeared in multiple interviews:
- "I mainly use payment apps when splitting a bill."
Opportunity - Ability to receive payments from multiple people
- 1) "I don't feel safe on some of these money apps."
2) "I want my money directly sent to my bank account."
3) "I use it because everyone else does, but I feel the [application] hasn't made it clear that my data is safe."
4) "Public transactions make me uncomfortable."
Opportunity - Lean into Beame's security features and anonymity
Most users voiced their concerns over switching to another payment transaction app. We spoke with the stakeholders about the concerns, but they wanted us to continue with the original goal anyways; to create an MVP to show potential investors.
Since we knew that people were reluctant to switch over from other payment apps, we had to figure out a way to make Beame stand out from other apps. We had to showcase a specific use case in our MVP that only Beame could satisfy, so that investors could see the potential in the app.