We are living in a world where everything from taxi booking, shopping, ordering food can be completed just with few taps on the mobile device. It is believed that the recent era of mobile programs has made our lives easier and comfortable.
Hence, smartphones and application mobile programs have made an impeccable area in humans’ hearts. The latest technology, smartphones, mobile apps, and various other digital devices are always in trend.

Mobile fees and mobile wallets are some of the most up to date and quickest developing industries these days wherein each financial institution, mobile app improvement organization, and fee gateway employer is diving into the identical enterprise. Some of the most famous examples are Amazon, Google, Samsung, PayPal, and Vodafone. These kinds of mobile apps have modified the way of life to the good side.

Market of eWallet App Users

The mighty success stories of Paytm, Mobikwik, Phonepe, and others have been sincerely inspirational. Paytm for instance, has 350 million registered customers in step with the modern-day facts of May 2019.
The equal may be stated about different cell price apps too. However, we communicate approximately the worldwide scenario then WeChat pay is main the way ahead with 600 million worldwide users, followed by Alipay having 400 million users on the board.

How Much Does It cost to Develop an E-Wallet Mobile App?

Features of Mobile Wallet App

Since there are two different panels in the eWallet App, the user panel and the admin panel, each panel has some useful features. These features enhance the performance of the app for the user as well as helps the admin to manage the app. Before discussing these features, we will talk about some of the solutions that can be used for developing the eWallet application.

The Solutions

1. NFC

Near Field Communication is one of the most used technologies. You can easily share information or transfer funds in a convenient way. Nowadays it is used by most of the eWallets to provide hassle-free payments to users.

2. QR Codes

QR codes are used by people for making with people they regularly meet. Also, it is used to make payment with contacts which are not saved in the phone. For making payments, users just have to scan the QR code of the other person with whom they want to make a transaction. This is a smooth and simplified way of making transactions.

3. Bluetooth or iBeacon

It identifies or searches nearby friends for making transactions or payments. Bluetooth and iBeacon technologies help in transferring funds faster with more security. Hence this is used by most of the users.

4. Blockchain

eWallet integrated with blockchain is much more secure and immutable as compared to other solutions. This technology is mostly used by governmental organizations and financial institutions.

Developing a mobile wallet that would be loved by millions in USA

The User Panel


Before starting the use of the app, the user has to create an account with email id are social media credentials.

Connect Bank Account

Users can select the bank details for making transactions. They can even register with a particular bank to make future payments.

Add Money

Users can add money from the bank into the app as per their needs.

Transfer Funds

Users can transfer a dedicated amount of money by entering the account details of the receiver.

Accept Payments

Users can also receive payments from other users. By sharing their corresponding account details, users can accept payment.

Mobile Recharge or Pay Bills

Users can also recharge their mobile phones or pay bills directly from the app in a convenient way.

Transaction History

The app keeps track of all the past transactions made by the user. Users can search for a particular transaction with some advanced filters.

Invite Friends

The Admin Panel

Users can also invite their friends to send and receive funds. This helps the user in transferring funds easily by asking details every time.

Mobile Payment App Development: How to Develop e Wallet Application


Admin can keep track of all the details and information of users registered with the app.

Offers and Discount

Admin provides the latest offers and discounts to users. He also provides offers related to referrals, rewards, etc.

Manage Users and Contacts

All the users and contacts that are associated with the app are tracked and monitored by the admin.

Real-Time Analytics

Admin keeps a track of all the profits, transactions made, offers availed, app usability, and other details directly from the admin panel.

Block Users

According to the behavior of the user, the admin can block or dismiss the account of the user from the app. Similarly, he can also add new users to the app.

Advanced Features of eWallet App

Apart from the above-mentioned features, there are some other advanced or additional features that you must include in your app to make it count.

InApp Camera

The in-app camera feature allows users to make payment by scanning QR codes. In addition to this, users can also send the receipt of transactions and payments to other users.

Integration with Wearable Devices

Integrating your app with wearable will help the users to monitor the payments on the wrist. It makes the app more convenient and defines a new approach for making the payment with an easy approach.

Push Notifications

This helps in keeping more user engagement on your app. They can be kept updated with new features, discounts, and offers via SMS or emails.

Digital Receipts

A digital receipt is generated for all the successful transactions made. Users can share the receipt via email, SMS, or Phone.

Virtual Cards

The eWallet app allows users to create a virtual card that can be used within the app. Unlike debit/credit card users don’t have to enter account details. Just with the help of username and password users can make transactions or payments.

How to Build a Mobile Peer-to-peer Payment App in Texas USA

Cost of Developing an eWallet App

The development cost depends on various factors. Some of the main factors which affect the development cost are mentioned below.


One of the most important factors that affect the cost of development is the features you are including in your app. If you are developing an app with basic features, then the development cost will be less. But if you want to include some advanced features, then the cost will surely rise.


Before developing the app, you must make it clear whether the app is for a single platform or multiple platforms. The app development cost of the iOS app is comparatively lower than the Android app.


Cost also depends on the region from which you are hiring a developer. In some regions the development cost is high, but in other regions it is affordable. According to some reports, India is the most affordable for hiring developers at $20-$50.

The cost of developing an eWallet app with basic features will cost you around $25,000 to $50,000. But if you want to make your app more advanced and feature like Paytm, then it will cost you around $100,000 to $150,000.

e-Wallet Website Development Cost

Since the features of a website are not as rich as the app, the development of an eWallet website requires less time and few employees. The cost is also very less as compared to the app.
We can provide you a pre-built website like Paytm with all the basic and required feature within cost around $30,000 to $40,000.


In the modern era, mobile device applications have completely changed the scenario of cash transfer. From the electricity invoice charge, account stability test to money switch, the things are being paid with the aid of the usage of cell wallet packages. This time, developing cell wallet apps is a splendid concept for startup and enterprise.

With a prototype to change the scenario into a world where no cash is required in-hand, eWallets have enhanced the economic and financial sectors of many countries. Paytm, Google Pay, PayPal are some of the examples of how eWallet apps are successfully ruling the market.

If you are planning to develop a robust mobile wallet app solution for your business, then get in touch with us now.

[Total: 5    Average: 5/5]