September 2024

Global Wallet App

Global Wallet App

Global Wallet app banner
Global Wallet app banner

Project Overview

Project Overview

Global travelers often struggle with currency exchanges. This project created an easy-to-use platform for digital nomads to manage currency exchanges.

Role: UX/UI Designer, UX Researcher

Timeline: 2 weeks

Global travelers often struggle with currency exchanges. This project created an easy-to-use platform for digital nomads to manage currency exchanges.

Role: UX/UI Designer, UX Researcher

Timeline: 2 weeks

Global travelers often struggle with currency exchanges. This project created an easy-to-use platform for digital nomads to manage currency exchanges.

Role: UX/UI Designer, UX Researcher

Timeline: 2 weeks

The Product

The Product

For frequent travelers, money should move as easily as they do. Global Wallet makes it simple to track, exchange, and use multiple currencies— empowering users with transparency and control.


For frequent travelers, money should move as easily as they do. Global Wallet makes it simple to track, exchange, and use multiple currencies— empowering users with transparency and control.


For frequent travelers, money should move as easily as they do. Global Wallet makes it simple to track, exchange, and use multiple currencies— empowering users with transparency and control.


Pain Points

Pain Points

  1. Unpredictable rates: Online rates often don’t match what banks or forex bureaus offer.


  2. High fees: Forex bureaus charge fees that reduce the value of exchanged currency.


  3. Value loss: Converting leftover currency back can result in up to a 40% loss.

  1. Unpredictable rates: Online rates often don’t match what banks or forex bureaus offer.


  2. High fees: Forex bureaus charge fees that reduce the value of exchanged currency.


  3. Value loss: Converting leftover currency back can result in up to a 40% loss.

User Needs

User Needs

  1. Real-time comparisons: Instantly compare exchange rates.


  2. Easy purchases: Buy currencies at competitive rates.


  3. Hassle-free reconversion: Convert unused currency back with minimal loss.

  1. Real-time comparisons: Instantly compare exchange rates.


  2. Easy purchases: Buy currencies at competitive rates.


  3. Hassle-free reconversion: Convert unused currency back with minimal loss.

User Insight

Through interviews with 15 potential users, I uncovered these key insights:

  • Business travelers value efficiency and transparency in currency exchanges.

  • Tourists prioritize ease of use and competitive exchange rates.

  • Digital nomads require a platform that supports seamless frequent cross-border transactions.

Crafting a Persona

User persona is "Nomadic Nora," The Global Citizen with a Need for Financial Freedom.  Quote: "Traveling is my lifestyle, but losing money to currency conversions shouldn’t be part of the cost.". She is age 28, freelance graphic designer, located in Madrid. Originally from chicago. Personality: adventurous; thrives on exploring new places and experiences. Tech-Savy; always seeking the latest tools. Financially Conscious; wants transparency and value for every transaction. Goals: Simplify managing multiple currencies while traveling. Save on transaction and conversion fees. Gain transparency and control over currency exchanges in real-time. Behavior: Frequently pays with multiple currencies while travelling. Carries minimal cash for safety. Avoids traditional banks due to slow processes and hidden fees. Favorite Apps: Trip advisor, Duolingo, Mint,Splitwise. Interests: Travel Art, Markets, Budgeting.

Competitive Analysis

Competitive Analysis

Xe web transfer home screen
Xe web transfer home screen
Xe web transfer home screen
Wise web homescreen
Wise user interface
Wise user interface
Wise web homescreen
Wise user interface
Wise user interface
Wise web homescreen
Wise user interface
Wise user interface

Wise App:

Strengths: User-friendly interface, low fees, real-time exchange rates, strong security.

Weakness: Users complain that account set up and deposits take up to 14 days.

Wise App:

Strengths: User-friendly interface, low fees, real-time exchange rates, strong security.

Weakness: Users complain that account set up and deposits take up to 14 days.

Revolut App

Strengths: Comprehensive financial services, rewards and cashback, multiple subscription tiers.

Weaknesses: Overwhelming features for users seeking simplicity, not available in many countries 

Revolut App

Strengths: Comprehensive financial services, rewards and cashback, multiple subscription tiers.

Weaknesses: Overwhelming features for users seeking simplicity, not available in many countries 


Where does global wallet fit?

  • Simple and transparent interface focused on currency exchange transparency.

  • For users who prioritize straightforward exchanges without the complexity of additional financial tools.


Where does global wallet fit?

  • Simple and transparent interface focused on currency exchange transparency.

  • For users who prioritize straightforward exchanges without the complexity of additional financial tools.

Where does global wallet fit?

  • Simple and transparent interface focused on currency exchange transparency.

  • For users who prioritize straightforward exchanges without the complexity of additional financial tools.

The Design Process

The Design Process

Information Architecture

Wireframing

Low - High Fidelity Prototyping/ Testing

Low - High Fidelity Prototyping/ Testing

low fidelity wireframes showing the global wallet navigation/ transaction processs
low fidelity wireframes showing the global wallet navigation/ transaction processs

8 users were asked to freely navigate from the home of this app and make a currency conversion.

They liked the overall layout options, however they had a hard time envisioning the product without colors and full text. 

One user identified the lack of a processing state screen which was later added to the final design.

8 users were asked to freely navigate from the home of this app and make a currency conversion.

They liked the overall layout options, however they had a hard time envisioning the product without colors and full text. 

One user identified the lack of a processing state screen which was later added to the final design.

8 users were asked to freely navigate from the home of this app and make a currency conversion.

They liked the overall layout options, however they had a hard time envisioning the product without colors and full text. 

One user identified the lack of a processing state screen which was later added to the final design.

mockups of the global wallet navigation and transaction process
mockups of the global wallet navigation and transaction process

Outcomes

Outcomes

  • 7/8 users found the task intuitive.

  • One user struggled with the swipe-up-to-purchase function, failing to complete the transaction.

  • Feature mirrors Robinhood's swipe-up trade but requires further testing for accessibility.

  • 7/8 users found the task intuitive.

  • One user struggled with the swipe-up-to-purchase function, failing to complete the transaction.

  • Feature mirrors Robinhood's swipe-up trade but requires further testing for accessibility.

  • 7/8 users found the task intuitive.

  • One user struggled with the swipe-up-to-purchase function, failing to complete the transaction.

  • Feature mirrors Robinhood's swipe-up trade but requires further testing for accessibility.

Key Takeaways

Key Takeaways

  • Gained valuable experience honing Figma skills and applying key UX principles.

  • Received positive user feedback, with interest in full development.

  • Future improvements:

    • Refine onboarding process.

    • Add spending categories and budgeting tools.

    • Develop a seamless method for adding the digital card to phone wallets.

  • Gained valuable experience honing Figma skills and applying key UX principles.

  • Received positive user feedback, with interest in full development.

  • Future improvements:

    • Refine onboarding process.

    • Add spending categories and budgeting tools.

    • Develop a seamless method for adding the digital card to phone wallets.

  • Gained valuable experience honing Figma skills and applying key UX principles.

  • Received positive user feedback, with interest in full development.

  • Future improvements:

    • Refine onboarding process.

    • Add spending categories and budgeting tools.

    • Develop a seamless method for adding the digital card to phone wallets.

Next Project: Global Wallet Website