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Ewallet Mobile App Development Cost & Features: Read It All Before Hiring an e-wallet app Developer

Along with technological advancement, our priorities are also changing. In traditional times our money transferring techniques are limited to cash and card. But now with your smartphone, you can pay for everything just by performing a few taps on your screen. These mobile wallet app for android, are capable of doing numerous types of transactions by saving both time and effort for its users. In this blog, you will get full details about Ewallet Mobile App Development Cost & Features with full analysis.

What are Mobile e-wallets Apps?

An e-wallet is just like your physical wallet which is capable enough to hold your various cards along with cash. You use these e-wallets to pay for almost every service or product that you need for everyday life. Services like booking tickets, paying for various bills including mobile phone bills, all can be done through these kinds of apps. That is why hiring a mobile app development company can help you to create a feature-packed and dynamic application, which can ensure the success of your business.

What Are The Basic Features of an e-wallet app development?

ewallet app development features

Like every other application, e-wallet apps contain beneficial features for both users and merchants. Here is the list of unique e-wallet app features that can make it unique and ultimate.

Features for Users

  1. Registration – 

    This feature helps the users to sign up or login into the e-wallet app for iPhone. Usually, it needs a phone number or email address and password combination. But nowadays you can also log in with your social media handles like Facebook and Twitter.

  2. Adding bank accounts – 

    Linking your bank accounts is a mandatory option to use the facilities of this kind of developed mobile wallet. While doing any transaction, you can make money from, or sent money to your bank account.

  3. Transfer of money – 

    With this feature, you can pay money to the other users of the same android e-wallet app. Just by entering the details of that person’s wallet i.e. their phone number.

  4. Payments of bills – 

    The bill for water and electricity is very hectic work. Traditionally, you have to visit the bill payment counters and wait in a queue to pay the due amount. But with this mobile wallet software, you can pay every bill directly from your bank accounts. You can access this feature of the application anytime from anywhere.

  5. Refer and earn opportunities – 

    Many e-wallet apps for android provide many refer and earn opportunities. This helps users can earn money from our gift coupons by referring the application to another person. As a user, you can generate a link from your app and send it to your friends and family.
    For that, you can use different mediums like WhatsApp, Facebook Messenger, etc. After that they have to download the app from your link and sign in, you will receive your reward.

  6. Transaction history – 

    With the help of this feature, you can go through the transactions that you have made previously. This helps the users to analyze their own spending throughout the month so that they can be more efficient.

  7. Sliting of bills – 

    This feature comes in handy when you went to a restaurant or someplace where you have to split the bill among your friends.

  8. Offers and discounts – 

    You will get many offers and discounts on using this e-wallet for purchasing various items like clothes, electronic gadgets, groceries, and medicines. The more you use the wallet more offers will be available to you.

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Features for Admin

  1. Easy understanding dashboard – 

    Hiring an e-wallet app development company can help you to create a simple easily untestable dashboard. This dashboard will contain all the necessary real-time information and issues that will need your attention.

  2. Management of merchants – 

    These features help the admin of the on-demand solutions to maintain and manage the existing and the newly added merchants. So that as an admin you can provide better service to them.

  3. Management of users – 

    Just like the merchant management feature this feature helps to manage and maintain the users who are using your wallet app android. This helps to increase the efficiency of the management system.

  4. Anytime analysis of the business – 

    With the help of this feature, you can run unlimited analysis on your revenue system and the business model of your application developed by the web development company. Plus if you have any other more effective revenue model, you will be able to implement it easily.

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Features for Merchants

  1. Informative dashboard – 

    This feature helps the merchants to manage the various customers who have paid them through this mobile wallet app for android.

  2. Addition of various products – 

    As a merchant, you can add additional products for sale in these online wallets created by the wallet app developer.

  3. Easy add and withdraw of money from the wallet to the bank account – 

    From this application add money to your wallet from linked bank accounts and sending it back is very easy. And it can be done through unique passwords.

  4. Creating QR codes – 

    You can create your own QR code, by scanning which the customer will pay for your product through mobile wallet development service created applications.

Along with these features, you can always increase your customer base by hire iOS developer and launching your e-wallet application for Apple Store.

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E-wallet App Development Cost

The cost of developing an e-wallet application depends on the app’s complexity and the company hired.

Here is an idea for launching the e-wallet application for both operating systems.

E-Wallet App Development is a linear process where you can check the app features and know the budget.

  • If you want to launch an MVP of your application for the Android market, hiring dedicated developers can cost you $20,000 to $40,000.  if you want a custom-made application, it can cost $80,000 to $ 150,000.
  • For the iOS market hiring a full stack development company to develop an MVP can cost you 25,000 to 55,000 US dollars. And for custom build application value can go from 100,000 to 150,000 US dollars.

E-wallet App Development costs can vary according to the features, for this you can approach app development companies that are doing good in your sectors.

Conclusion

It is safe to say that these e-wallets are the future of the baking industry. So there is ample opportunity for start-ups in this market. So, if you have a unique app idea, we can help you accomplish it. Share your requirements with us!

Thanks for reading our post, if you have any other queries regarding e-wallet app development or any other web or app development, we always provide you with a wonderful mobile app development experience.  Dev Technosys UAE’s elite thinkers understand the problems and present every possible and innovative solution.

Having an expert for every possible solution, an incredible team in line to bring the desired result into reality.

We are at Dev Technosys UAE, providing dynamic app development services and solutions to fulfill their client’s needs. Being a top web and mobile app development company, we are providing our services on-time and cost-effective. We love to know about your queries about e-wallet app development, We are always happy to hear from you!!!

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devchaudhary

Dev Chaudhay is a Digital Marketing Manager in a leading Web Development Company in Dubai, If you want to hire dedicated php developerthen, you are at the right place Dev Technosys has a rich and proven experience in it.

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