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

We are moving towards a digitized world where online payment is the most prominent mode of transaction. As the culture of “cashless” is gaining an impetus, more users will use smartphone applications to make payments. The future holds the entire population using high-end applications to shop online and transact money securely. So, it’s the right time to build a mobile wallet application having unique features to benefit society.

Many mobile wallet applications are available in the market and generate massive revenues. However, the user base is expanding and demands multiple online payment options before them. You can target such audiences and develop an innovative mobile wallet application having never-seen-before features while keeping security in the foreground. Being the best on-demand app development company, Auxano Global Services has created several mobile wallet applications for the masses. Our team comprises skilled developers who can create buzzworthy apps within a short deadline.

Statistics of a Mobile Wallet Application to Inspire You

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    As high as 1.31 billion people are likely to use mobile wallet applications by 2023.

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    The global mobile payment market will value $3 trillion by 2024.

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    Users prefer applications for processing mobile payments to a web browser-based platform.

What is a Mobile Wallet Application?

Mobile wallet applications are taking over the market like wildfire. These apps are foundational requirements to establish a cashless community. Many third-party companies wish to leverage a secure wallet application for the convenience of their customers. One such in-trend domain is the eCommerce industry. The online stores wish to leverage an eWallet app to woo mobile shoppers and encourage them to move across the sales funnel more rapidly. As we are one of the top mobile app development companies in USA, our team has demonstrated experience in building wallet apps that become user favorites in the blink of an eye. Our developers integrate a myriad of security features to ensure safe and seamless transactions between parties.

Want to Develop a Mobile Wallet Application?

Online transactions are becoming customer preferences rapidly. Surprisingly, more demand for mobile payments will rise in the future, leading to an ever-growing industry for eWallet apps. No one can have enough of the high-end mobile wallet applications nowadays. So, developing an eWallet system from scratch can be game-changing for your business. Are you wondering how to develop a groundbreaking eWallet mobile app? Here we are at Auxano Global Services to help you! Our dedicated offshore developers know what it takes to tailor critical apps for your business and build classic eWallet experiences for your audience.

We are expanding our toolkit to include numerous security features and next-gen stacks to build even better eWallet apps for your requirement. Besides, our team is well-acquainted with customizations and tweaks the final deliverable to suit your demands precisely. Being the best mobile app development company, we can deliver the best to our privileged customers.

Access Innovative Features from Auxano Global Services to Drive Better Mobile Wallet Applications

Mobile wallet applications have become the most adopted technology worldwide. Many new customers join such platforms every day and several applications emerge in the marketplace. So, the industry is oozing with repetitive applications and craves for all-new experiences. Right here, our collaboration can make significant changes to society. Being one of the top mobile app development companies in India, you can build innovative wallet apps with us and create differences in the industry. Our developers have a creative and out-of-the-box mindset to ideate new functionalities and build classic apps altogether.

You require around $12,000 – $17,000 to develop a secure and scalable mobile wallet application from scratch.

Below is a breakdown of features that our developers will integrate into your mobile wallet app. Take a look!

Basic Features and Cost to Develop a Mobile Wallet Application

App Users

Registered Users

Admin Panel

Basic Features

Registration/Sign Up/ Sign In

Login

User Profile

User Management

Wallet Details

Manage User Wallet

Add Money

Manage Transactions

Send Money

Filter Transactions

Receive Money

Payment Gateway Management

Notification

Set Minimum/Maximum Transaction Amount

Notifications/ Cards/ Bank Account/ Paypal Account Management

Push Notifications Management

Cost to Develop a Mobile Wallet Application

You will require an investment of around $12,000 - $17,000 to develop a mobile wallet application (iOS + Android).

Additional Features

Recharge and Bill Management

Manage Offers and Coupon Codes

Scan and Pay with QR Codes

Payment Due Date Reminder

Invite and Earn

User Document Verification

Dashboard and Customer Analytics

Innovative Features

Blockchain-Driven Payment: We make your eWallet app highly secure by embedding blockchain technology at the back. Our developers remain up-to-date with the latest trends in blockchain and align your wallet app using such technologies from time to time.

AI-Power Micro Lending: Do you wish to offer micro-lending facilities through the mobile wallet app? We have good news for you! Our developers integrate AI algorithms to track the process efficiently without causing losses for anyone.

ML-Backed Payment Pattern Tracking: We let you track the payment patterns of end-users using effective ML algorithms. You can generate insightful reports and leverage the derived information into your strategies to rapidly expand your business.

Team Composition You Require For a Thriving App

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    Project Manager

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    Business Analyst

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    UI and UX Designers

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    Mobile App Developer (iOS & Android)

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    Quality Assurance Engineer

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    Digital Marketer

Team Composition We Will Assign To Your Project

  • Expert Requirement Analysis
  • Beneficial Technology Advice
  • Get a comprehensive roadmap
  • Measuring and eradicating potential risks
  • Assurance of quality product
  • Future enhancements and scope

Sketch

Xcode

Android

Fabric iOS

Android Studio

Sass

swift iOS

Google API

Geo-fence

Stripe

PayPal

AWS

FCM

Mantis Bt

sendinblue

MEAN Stack

Google Analytics

Google Search Console

ZOHO

Why Collaborate with Auxano Global Services for Your Mobile Wallet App Project?

Choosing the best mobile app development company to develop eWallet apps can be challenging. However, you can trust our services and collaborate with us to unlock the following benefits.

  • Hire Dedicated offshore mobile app developers from us and develop eWallet applications at your convenience. Also, we integrate several security features to make transactions a delightful experience for your users.
  • Our team has prolonged expertise in working with cutting-edge technologies like blockchain. We can leverage all cutting-edge technologies to build digitally upgraded apps for your purpose.
  • We are one of the pioneers in the eWallet industry and develop classic apps that leave an everlasting impression on your customers.

 

Frequently Asked Questions

  • What is the cost required to develop a mobile wallet application?

    You will require an investment of around $12,000 – $17,000 to develop and deploy high-yielding mobile wallet applications.

  • What do you do to ensure security in your mobile wallet applications?

    We integrate blockchain technology to develop impressive mobile wallet apps while prioritizing security. The decentralized ledger denies unauthorized success and protects user accounts from unethical hackers.

  • Can you make customizations according to my objectives?

    Yes! Our team evaluates your requirements and embeds high-end customizations to check on all your objectives.

Disclaimer

The above page is written for informational & reference purpose. We do not intend to infringe any copyright policy or do not possess any third-party material.

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