Cost And Features to Develop an eWallet Mobile App

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Cost And Features to Develop E-Wallet Mobile App
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INTRODUCTION
Technology is a constant evolution. After card
payments, now it has presented e-wallet. E-wallet
is the digital wallet to keep the money for
purchasing goods and services. The quick and
dependable network powers the offline and online
payments. With the help of mobile app development
digital wallet contains numerous digital
currencies and generally used in online shopping
where the payment can be done through a
registered phone number or QR code. According to
recent surveys, the e-wallet market is going to
hike manifold and cross 2400 billion in few next
years.
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Undoubtedly, the e-wallet are most convenient way
of making purchases. You won't have to carry the
headache of keeping money in wallet. You can
initiate the payment even if you have forgot your
wallet at home. The e-wallet apps are going
smarter with every passing day through the
integration of futuristic technologies such as
Blockchain, NFC (Near Field Communication),
Bluetooth, Beacon and QR code scanning. NFC (Near
Field Communication) is the futuristic technology
which transfer money easily similar to exchanging
an information. E wallet apps are making the best
use of NFC to send money with no need of applying
contacts.
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QR code scanning is widely used along with many
payment channels. It makes the payment too
convenient. You just need to scan the QR code
over the device of another person, who you want
to send money. You can send money to you known or
unknown, with the help of just QR codes.
  Bluetooth and Beacon technologies are used to
send money within close proximities. This is
considered the fast, secure and reliable method
of transaction.
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Crypto currency has also stepped in through
E-wallet. Although many of the countries have not
legalized the use of crypto currency, but still
the e wallets are using this for transaction in
region where it is legally allowed. Paytm has
registered the inspirational success story with
300 million registered user as the latest
statistics in July 2018. Additionally, there are
custom apps available for the business purposes.
This type of app allows to transfer the lump-sum
amount without risk and third party involvement.

 
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• Key Features of an E Wallet
• E wallets are undoubtedly the most convenient way
  of making purchases. Here, are some of the key
  features that a typical e wallet consist of
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• Able to store money in mobile wallets
• Power to store the different debit and credit
  cards to the app
• Must be able to transfer money from wallet to
  other accounts
• Utility bill payment feature
• Point of Service Integration
• Tracking of everyday expenditure Digital
  Receipt.

 
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E wallet App Development Cost  
 
24 to 70 per hour
India
India is the most affordable country for mobile
wallet app development
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E wallet App Development Cost  
 
140 per hour
USA
You can find any mobile app development
company in USA at little higher price for 140
per hour.
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E wallet App Development Cost  
 
180 per hour
120 per hour
Europe
Australia
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Cost and Feature to Develop E Mobile Wallet App 
 
Today the businesses are widely using the e
wallet mobile app and replacing the need of
carrying the cash. If you own a retail business,
It is advised to contact mobile app development
company, but always keep the trio of effort, risk
and cost at perfect balance.
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