Product design question

How would you increase trust in a new fintech app that allows users to transfer money across countries, for example, from a person in the US (in dollars) to a person in India (in rupees)?

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What this question tests

Product design for trust in fintech: identifying concrete trust barriers in cross-border money transfer and proposing mitigations.

How to approach it

  1. Clarify the core trust concerns: will the money actually arrive, is the exchange rate fair, and is my data safe.
  2. Identify design levers for transparency: real-time transfer tracking and upfront, clear fee and exchange-rate disclosure.
  3. Identify social trust levers: verified reviews from other users who have completed similar transfers, and recognizable security certifications.
  4. Propose a concrete feature, like a live status tracker showing each step from sent to received.
  5. Define success as reduced support inquiries about transfer status and increased repeat transfer rate.

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