How Much Does It Cost To Build An eWallet App?| Duplex Technologies

Before initiating your own money transfer app, like Paytm mobile app technology, you should register your company as a legal entity. Next is the Cost of making app like Paytm, a well reputed mobile app development company that can provide you with excellent and knowledgeable developers.

Next comes the technology stack, which is the building block of your application, as it consists of the programming language, database, user interface, and other essential things used to build an app like Paytm. And the last thing is a feature that will be used by consumers. For better understanding, here is a breakdown of the various parameters required for developing an app like paytm:

Given below are some key factors on how to design paytm like app:

• Research various platforms: Do thorough research on various money transaction applications. 
• Multiple platforms: Your application should be able run on every platform like Android, iOS, and Windows, so that any one can use it
• Designing the app: The mobile application that you are going to develop should have an appealing look. It will help to engage a wider audience.
• Technology stack: Choosing the right stack for Paytm app design is very crucial, as it will determine the overall functionality of your app.
• Size of app: The size of the mobile application depends on the number of features used in the app.
• App development company: Choose a reputed and experienced company that can provide you with skilled mobile app developers. 
• Budget: Decide the overall e wallet app development cost
• Performance: Test the performance of paytm mobile app technology on various platforms.
• Deployment: Launch your application so that users can start using it.

To build an app like Paytm, you must include these features in your application. Adding these features will help attract a wider audience:

• User profile: Users can register their bank accounts and create a PIN or password using this feature.
• Send/Receive money: Users can send money through various methods, like fund transfers using a bank account number, transfers through a credit or debit card, mobile number, or email address.
• QR code: It allows users to scan any bank account related barcode.
• Access control: Users can access their Paytm accounts using their OTP, phone number, or email address.
• Push notifications: It notifies users about various updates and offers.
• Transaction history: Users can keep track of their previous transactions.
• Ratings and reviews: It allows consumers to rate their experience.
• In-app messaging: Users can chat while paying money to someone.
• Security: Authentication through biometric, fingerprint, or face, and fraud detection.

Admin panel feature

• Add feature
• Block feature
• Cash reporting
• User data control
• Analytics

• Frontend: React.js, Tailwind CSS
• Analytics: Google analytics
• Database: MongoDB
• Payment gateway: Square API
• Back end: Node.js, Express.js
• Framework: Mgento for desktop, Laravel for mobile
• Language: JAVA, HTML, CSS
• Storage: Amazon cloud storage
• Location: Google maps
• User location: Core location

Duplex Technologies is a well reputed company with excellent mobile app developers suitable for developing a money transfer application like Paytm. We provide budget-friendly e wallet app development cost to our customers. Our team consists of expert UI/UX designers, frontend and backend developers, mern stack developers, and various designers. Along with this, we also provide other services such as enterprise resource planning, custom development, game app development, and other web related services.

If you have made up your mind to build an app similar to Paytm, then hire expert mobile app developers from Duplex Technologies. Our leading mobile app development company will help you learn how to create wallet app like Paytm. Call +91-9452000089.