How much does it cost to develop online payment apps and e-wallet apps?

How much does it cost to develop online payment apps and e-wallet apps?

Are you interested in earning extra money from home? If so, app development may be the optimal course of action. E-wallets and payment applications are services that enable customers to use their smartphones to pay for goods and services. There are online payment systems such as PayPal, Stripe, and Braintree, in addition to mobile wallets such as Apple Pay, Google Wallet, Samsung Pay, and Android Pay.


Creating these applications requires a great deal of time and effort. The price depends on several factors, including the type of app, its features, and whether or not it must be compatible with other platforms.
As the leading mobile app development company in Dubai, DXB APPS maintains a solid portfolio of mobile applications that can estimate the approximate cost of mobile payment apps. With an engaging UI/UX and advanced features, we estimate that it costs approximately $60,000.


The world has evolved since the dawn of time, and it took aeons for humans to transition from the traditional method of payment to the modern technology of payment. Everyone is paying attention to online payment apps right now because of the global pandemic.


E-wallets and online payments are the services that an app provides to customers to facilitate safe and efficient transactions. This article will explain what these things are and how they function collectively. Therefore, let's not waste any more time and continue.


The advantages of online payment and e-wallet applications

  • App developers in DXB APPS do point out some of the major benefits of using online payment apps and e-wallet apps.
  • There are a lot of offers, like cash-back bonuses, coupons, rewards, and vouchers, to get customers to come back.
  • Online payment options include electricity bills, restaurant bills, flight or train tickets, mobile recharges, and more. Online payments are not limited to specific genres.
  • One can obtain a history of their payment options for monthly or annual tracking.
  • Adding bank information to the more secure network expedites the payment process.
  • For added stratum security, biometric, facial, and code locks are available for the app.

Online payment and e-wallet apps are indispensable for transactions.

E-commerce

With the development of technology, e-commerce industries such as food delivery, grocery, medicine, cosmetics, etc. are at their peak. With the online payment option, e-commerce has become very convenient.


Cab Booking


No longer must one wait for a taxi or other mode of transportation to arrive. You open an app, book a cab according to your needs, and pay in advance using e-wallets or other online payment apps. This is a trustworthy application.


Reservations for travel


Currently, planning a trip is incredibly simple, especially in terms of payment. You can get your e-tickets in a fraction of a second if you pay with an e-wallet, and our app developers make sure that our customers have a smooth experience.


Paying bills


Payments can be made from anywhere in the world, even with a slow internet connection, using e-wallets and online payment apps that are very popular.

Consider the payment of your bills. Don't be concerned, DXB APPS provides the best payment experience ever.

Now let's discuss the cost of developing such advantageous online payment and e-wallet apps in order to utilise every ounce of it. In all honesty, there is no set cost for making this kind of app because it depends on so many things.


Platform

The platform has a significant impact on the app's price. It must be based on the Java programming language for Android and the Swift programming language for iOS, with cross-platform development apps used on both platforms. These are more affordable, and our app development company makes every effort to be economical.


Design

In order to concentrate on the interface, the design must be both simple and magnetic. Our app designers focus more on the navigation than they do on the best graphics to use for optimal results.

App size


App size is one of the determining factors for app development costs. If the app size is on the smaller side, costs can be reduced. However, if the app is on the larger side, the price will immediately increase. The founders of the app development company made sure that users would use less space on their phones.


Team size for app development.


In Dubai, it is difficult for a single man to think, create an app, and run a successful business. Rather, it is the collective efforts of the team that pay off. The group consists of developers, designers, testers, analysts, managers, and other influential individuals. Everyone's expertise in a field contributes to the development of a commercially successful erciall

GPS


GPS tracking raises the cost factor by an additional level. The cost may vary based on the customer's specifications, which they must keep in mind.


 Value-added features not to be miss out

User Panel

  • social profile registration.
  • addition of bank information.
  • In addition to the payment amount.
  • Check for equality.
  • Transfer of currency
  • a record of past transactions.
  • Integration of POS.
  • Requests for payment

Merchant panel

  • Customer management.
  • QR code generation.
  • Earning points
  • Notifications are delivered through the Internet.

Admin panel

  • User management
  • Analytics and data management.
  • New deals and validity dates
  • Revenue management
  • Interactive Dashboard Extension for Security

Enhance capabilities

  • Personal financial management
  • E-commerce integration for wearable technologies.
  • Chatbot assistance.
  • a CRM system.

 

Conclusion

Overall, online payment apps and e-wallet apps are thriving in the trending market as they have become an integral part of everyday life. Before deciding on the costing factor, all of the above criteria and features must be taken into account in order to get the most out of it.

If you work in the fintech industry and wish to create an online payment app, choose the top mobile app development companies in Abu Dhabi, Dubai, and Sharjah. Consider the DXB applications.

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