How Much Does It Cost to Develop a Mobile Wallet Application?

The fact that Ecommerce is as big as the industrial revolution can be verified by looking at two of the most revolutionary companies in two different corners of the world and their industries of operations: Amazon and Alibaba. Both the companies have managed to make several billion dollars in market cap and are now counted as the biggest influencers in the world. They and many companies like them have given way to a specific category in payments – Mobile wallets leveraging mobile wallet app development technology offering seamless digital payment solutions.

Mobile wallets came into rise after PayPal disrupted the payments industry. The growth in global smartphone production and increases availability of internet infrastructure has only fuelled this growth. The result is now that from the sophisticated financial markets of New York to the developing markets of Mumbai, the most revolutionary companies in fintech are mobile wallet app solutions providers. Let’s Nurture is a leading mobile wallet app development company providing digital payment solutions and integration to business applications.

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Basic Features and Cost of Mobile Wallet App Development

App Users Registered Users Admin Panel
Basic Features Registration/Sign Up/ Sign In Login
User Profile Manage (View/ Edit/ Disable) Users
Wallet Details User Wallet Management
Add Money Transactions Management
Send Money Filter Transactions
Receive Money Manage (Add/ Edit/ Delete) Payment Gateways
Notification Set Minimum/Maximum Transaction Amount
Manage notifications/ cards/ bank account/ Paypal Account Manage Push Notifications
Cost of Mobile Wallet App Development USD 12000-17000 for both iOS+Android

Add-On Features

App Users Admin
Add-on Features Recharge and Bills Verify User Document
Offers and Coupon Codes Manage Recharge and Bills
Scan and Pay with QR code Manage Offers
Payment Due Date Reminder Dashboard Analytics
Invite and Earn Customer Analytics

Resource Team for Mobile Wallet App Development

  • 1 UX Designer
  • 1-2 Android App Developers
  • 1-2 iOS App Developers
  • 1 Backend developer
  • 1 Quality Analyst
  • 1 Business Analyst
  • 1 Project Manager

Technology Stack We use to develop

Sketch
Sketch
Xcode
Xcode
Android
Android
AWS
AWS
Fabric iOS
Fabric iOS
Android Studio
Android Studio
FCM
FCM
Geo-fence
Geo-fence
Google Analytics
Google Analytics
Google API
Google API
MEAN Stack
MEAN Stack
Mentis BT
Mentis BT
Sass
Sass
sendinblue
sendinblue
Google Webmasters
Google Webmasters
stripe
stripe
swift iOS
swift iOS
ZOHO
ZOHO

What you get by teaming up with us for developing your mobile wallet app?

  • We are a team of experienced and highly enthusiastic software developers, app developers, UI/UX designers, business analysts and product managers.

  • Collectively amongst us, we have an experience of 10 years in the mobile application development services development industry. This would mean successful product ideation, global quality development and guaranteed approval by Android and IOS app stores.

  • We bring market competitive costs of development.

  • We also help you developing and implementing an effective product strategy.

What are you waiting for…!!

So what are you waiting for? Get in touch with the best mobile wallet app development company now.

Looking to know more on exact development cost for your Mobile Wallet Application?

Let’s team up now!!

FAQs

  1. Online transactions

  2. Peer-to-peer money transfer

  3. POS payments

Ongoing costs involved in running a classified ads platform like Kijiji will include:

Tokenization: The OTP is assigned to the user (registered mobile number) that represents the actual credit/ debit card number during the transaction. This number can only be detokenized by the respective service provider diminishing the chances of online theft to the minimum.

Point-to-point encryption: It ensures security is maintained during each transaction and interaction with a POS terminal is established in a secured fashion.

Mobile device identification: Pairing of a mobile wallet app and a mobile phone is done which implements another security layer during the transaction.

Cashback and loyalty rewards, timely reminders, enhanced security via fingerprint identification and face-id.

As we use globally recognised payment gateways, the standard charges are to the tune of 3 to 4% per transaction. Whether, its online purchase, money transfer or POS payments.

Contact Us

Have an !dea or need help with your Mobile Wallet App Development Work ?

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Address

A- 103/C Ganesh Meridian,

Nr. High Court, S.G. Highway

Ahmedabad,Gujarat

380060 India