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With this increasing globalization, the mobile app is necessary for the business to meet the new business benefits. The mobile application has turned into the fastest-growing digital product. The mobile wallet application is one of the most popular digital products which has transformed the way of payment. In today’s time, the demand for the mobile wallet app is increasing at a rapid pace. There are various popular e-wallet mobile applications available today, such as Google Pay, PayPal, Amazon Pay, and more. People use these applications to make instant payments anytime, anywhere without the need of carrying cash or visiting the bank. In addition to this, people can also easily pay utility bills, recharge, and even make an online payment for online shopping, at local stores by using mobile wallet applications. If you are planning to build a mobile app, then mobile wallet app development is really a great business idea. Mobile Wallet Apps & Market Stats
Here in this article, we will discuss the types, features, and cost of e-wallet mobile app development- Types of Mobile e-wallet Application
Features of Mobile e-wallet App If you want to develop a mobile wallet app with more features than it helps you achieve many users in less time. Here are the features that you need to keep into account while developing a mobile application. User-oriented Features
Admin-focused Features
Add-on Features If you want to make your app stands out, then you should integrate these advanced features in it, however, it may affect the development cost.
Required Technology Stack
An Average Cost of Developing a Mobile e-wallet App E-wallet Mobile app development cost depends on features, technology, and mobile app development platform. It also depends on the region from where you are hiring mobile app development company. However, the development cost in some countries like the USA, UK, and Europe is high, but in Asian countries like India, and Malaysia is comparatively less. Platform (Android &iOS) Before developing the mobile app, you must be clear whether the app is for a single platform or multiple platforms. The e-wallet app development cost of the iOS app is comparatively higher than the Android app. Developer If you can’t afford in-house development cost, then you can hire a mobile app development company in India who should have industry knowledge. Developer cost in Australia, Europe, UK, USA is around above $100, if you hire mobile app developer in India then you just need to pay around $35 per hour. The cost of developing a mobile wallet app with basic features is approximate $30,000. But if you want to make your app more advanced Google Pay, Amazon Pay, then it will cost you around $50,000.
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