How do I create a wallet app for iOS and Android?

Are you surfing the internet to find out how to build a wallet app for both Android & iOS? Well, the answer to getting this right for both platforms is here. Read this complete to learn everything that you will need to build your e-wallet.

Brief About Mobile Payment Market:

The mobile payment market was valued at $1449.56 billion. The study also predicted that the market would increase with a CAGR of 24.5% over the forecast period to reach $5399.6 billion by 2026.

Most Popular Mobile Wallet Backend:

Before you jump into understanding how to develop a mobile wallet app, It is required to know where to host your mobile wallet app's backend. The following are the most popular Mobile Backend as a service solution available in 2021:

• AWS Mobile
• Google Firebase
• SashiDo
• Kinvey
• Kumulos

Cost to Develop Mobile Wallet App:

A basic e-wallet app's development cost will lie around $20,000 to $50,000. In contrast, mobile wallet apps with high-end features such as bill payment integration and online financial services will cost approximately $60,000 to $80,000.

Key-Features that Should Incorporate Into Your Mobile Wallet App:

• Intra-Wallet Payments
• Payments Between Bank Accounts
• Bill Payments
• Card Management
• Contactless Payment Technologies Integration
• Robust Security
• Seamless Onboarding
• Rewards, Coupons & Discounts
• Bill Splitting

Mobile Payment App Development Process:

1. Define Your Wallet App Concept
2. Analyze the Market
3. UI/UX Design (Wallet App Design)
4. Design Technical Architecture & Development of the Wallet App
5. Testing

Best Mobile Payment App Development Services Provider Agency:

WebClues Infotech is the most reliable & accurate wallet app development services provider agency in the USA. Being a versatile wallet app development services they develop secure, high-Performance & user-friendly mobile app for your business. They have a dedicated & highly experience app coders team that helps to build a custom app as per your specific requirements.

Conclusion

When you know how to develop a wallet app for Android and iOS, you have to hire experienced app developers or company. I have created a guide to help you with this question. If you have already decided to hire a specialist e-wallet company, then get in touch with WebClues Infotech as they are the globally recognized one-stop solution company for e-wallet app development.