How much does it cost to Develop an app like paytm?

in paytm •  3 years ago 

How much does it cost to Develop an app like paytm?

In the current fast-paced world, every nation is striving to shift towards digitization. Due to this all the public places like shops, malls, restaurants and many more are having options for online payments and mobile wallet apps. The mobile wallets are extremely helpful to users as it eases the transaction of money. Ranging from a small street seller to a huge businessman, all are opting for mobile payments. Due to this, the demand for mobile wallet apps is swelling at high speed. As the world is moving towards digitalization, Mobile payment technology has been one among the most important beneficial factors in India, especially after the govt demonetization move. From Big businesses to small merchants, everyone has accepted the embrace of Mobile Payments. Mobile Wallet or Mobile Payment system are smartphone apps where users can store their bank details (Debit/Credit cards) conveniently or easier thanks to making transactions with one tap of the phone.

Nowadays payment apps are booming in app stores or google play stores with their advanced digital features. One of the payment wallet apps which is very in demand and most generally utilized in India is Paytm.
By understanding the benefits of Mobile Wallet apps, Brillmindz Technologies the highest Mobile app development companies in Delhi have designed a blog, which briefs you about, what are the benefits of getting a clone app like Paytm, What are its trending features, technology, and app development cost.
about Paytm
Paytm is India’s largest mobile payment platform founded in 2010 by Vijay Sekhar Sharma. Offering Mobile prepaid recharge/postpaid, utility bill payments, UPI payments, Money transfers, Online shopping, IRCTC railroad ticket booking, movie tickets, LIC premium payment, Electricity bill payment, DTH recharge, bus/flight booking, bank to bank transfer, metro card recharge and lots of more services. it's available on android, iOS and Windows smartphones.
key features of paytm
Mobile Recharge & Bill Payment
Offer the feature of mobile recharge and bill payment during a few tabs for major telecom operators like Airtel, BSNL, IDEA, Matrix Post-paid, Vodafone, Jio and lots of more.
Pay online or Offline
Provide a feature where you'll link to UPI or add money to Paytm wallet and may do quick payments through QR code scanner.
Money Transfer
User can send money from one wallet to other, or from one checking account to the other checking account through Paytm.
Book Train/Bus/Flight tickets
With amazing offers and rates, one can book train, bus or flight tickets with none service fee .
More on Paytm
-Online shopping (Women/men fashion, Mobiles and Electronics, Home/Kitchen, Baby and youngsters and more)
-Deals/Discount Vouchers
-DTH Recharge
-Water, gas and electricity bill payment
Paytm Wallet admin Panel
– Engaging Dashboard
– Managing offers and gets in touch with
– QR code
– Data synchronization
– Cloud operations
– Add/remove features
– Managing Booking calendar

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Cost to Develop a Marketplace E-Commerce App Like Amazon
How much does it cost to form an app like Paytm?
Brillmindz Technologies the highest mobile wallet development company in Bangalore specialized in developing a successful e-wallet app with innovative features and advanced technologies, consider various facts for Paytm mobile app technology like
App platform
App development costs may differ from one platform to a different . Comparatively, development cost of an android app like Paytm is less than iOS, because it is directly implemented without testing.
App Design
To design a Paytm like app,UX/UI plays a really crucial role, where users can experience the smoothness and flawlessness of the app. These sorts of engaging features accompany expensive costs.
App features
It is defined because the total number of basic or advanced features developed within the e wallet app like Paytm.
Add on technologies
To make an app advance /trendy and to supply an enticing , secure and safe environment to the users of the app, Brillmindz Technologies the highest mobile app development company in India blend the app with technologies like Blockchain and cloud to form you competitive among others.
Chatbot
Addition of bot in Paytm clone app provides speedy authentication, automatically alerts the users about the offers/discounts happening ticket booking, online shopping. It also provides 24/7 assistance in solving the purchasers queries which can on queries like the way to use Paytm wallet app for the primary time? Where can Paytm wallet be used?
Blockchain
Blockchain technology goes to revolutionize the planning and performance of e-wallet app like Paytm with its true innovation. It provides fast processing of transactions, detailed audit information, high level of security/efficiency and customer satisfaction.
Since the world is going digital, apps like Paytm are gaining popularity. They make customer’s life easier and also aids the companies to bring more customers. It is providing a splendid opportunity to make more profits and stand out in the market. If you are looking to build an app like Paytm, then contact a top Mobile app development companies in Bangalore like Brill Mindz, which has supported many organizations and start-ups to develop successful mobile apps with innovative features and revolutionary solutions.

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