Mobile payment apps have been steadily growing their user base in recent years. The super convenience of making payments, accumulating funds, and initiating transfers are to blame. In a true sense, apps are accounted as digital wallets which are granting the users all facilities of monetary transactions.
Clearly, this is the right time to invest in one such app that will serve as a digital wallet!
This article serves as a complete guide to help you have your own featured, custom payment app.
Base functionalities needed in a digital app
Secure registration of the users. The app should enroll users with identity check, and provisioning of essential credentials for like user ID, password
Secure database for information: Users should be able to provision and save information like account details, credit/debit card details, payees account information, and so forth.
Wallet support; The users could be to fund up money in their digital wallet anytime by linking it with a credit/ debit card, bank account, or other eWallet.
Other inclusive features that a payment application should have a cashback generator, e-statements for payments or invoice push notification, and third-party API integrations:
Decide the platform you want to target
Your payment app can solely target iPhone or Android phones or both. The user group you want to target must be decided on the basis of intensive market research. This means you need to go through the usage data of Android versus iOS devices in the country and then target the one that grabs a greater market share. However, if you have an extended budget, targeting both segments with a cross-platform app is the wisest thing ever to gain enough users.
Designing the sire fame
You know well the concept of your app. It will act as the middleman to allow a mobile user to transfer funds to another person’s wallet or account. Apart from enabling peer–to–peer payment, it will also help in making payments for bills, movies/flight tickets, shopping, etc. Designing the wireframe for such a comprehensive app is one of the first steps for development which will take about 30 hours. It will give you a glimpse of what functions the app will contain and how will they look
Finding reliable payment gateway services providers
Along with the development of the API, you need to look for the reliable operator who will provide the services of the payment gateway to secure every payment process initiated on the app
Finding a reliable payment gateway services provider
Along with the development of the API, you need to look for a reliable operator who will provide the services of the payment gateway to secure every payment process initiated on the app.
Designing the app
A very convincing and simple design can help your payment app grow its user base. Easy to use design will help it retain the users coming to their app. Thus, keep in mind to get that app is designed with great simplicity yet with an appealing outlook.
But above of all, you need an expert mobile app developer who will be proficient enough to developing and integrate the API and payment portal into the app.