Mobile Payment App Development: How To Develop | Complete Guide
Tags: mobilepaymentapp, softwaredevelopment, react
Published: 2021-02-03 06:10:16

The mobile payment app development is one of the fastest-growing technologies which is adapted by all over the world. People are understanding the importance of digital payment, have you wondered that in the current scenario online payment is so crucial for us as people strictly maintaining social distance due to this terrible disease COVID-19 (coronavirus)  which is spreading quickly. Digital payments help us to do contactless payments.  

mobile payment app development
 

What is paytech?
Paytech thing is not limited to payment technology but many more new raving and exceptional progress in the release of assorted technologies towards contactless payments. We have come a long way from using the gold coin to using digital wallets. Payment technology is simply referred to as a transfer of monetary value with the help of technology in any system. Nowadays customers are relying more on their smart devices for online transactions which are giving next level competition for payment platform development. 

People are vigorously using online payment platforms for every small thing from grocery, shopping, movie tickets, too many more.

In this fast-evolving market, you have to understand the need for online payment platform development for your growing business to implement flawless features for your payment application and research the best mobile application development company.


 ![Alt Text](https://dev-to-uploads.s3.amazonaws.com/i/sgjtxmaa4mpezlhmh8ez.jpg)

Prioritizing Function- There are different functions and the feature can be put in while developing payment platform applications and mobile developers should be careful in putting functions and features because this success of payment apps is dependent. Customer demand, expectation, and market need are some facts to keep in mind while developing a payment mobile application.
 

Security- Security structure is the most crucial factor while developing a payment mobile app because the customer has to store their card information in a payment app. Security should be a major concern of our mobile app developers while developing a payment mobile app. 
 

Digital receipt- Customers need assurance after payment whether the payment fails or is successful so it is very important that after every digital payment customers should receive the digital receipt.
 

Bonus and reward points- Bonus and reward points help customers to engage with your mobile payment app. The feature should be developed in a way so that customers can check and redeem their points whenever they want.  
 

Payment processing solution- While mobile payment app development we use latest technology so that it can accept payments irrespective of device. It supports every type of payment refund, void, sale, etc. 
 

Solutions for processing multi-currency- With the help of multi-currency service you are able to expand your business globally. Our mobile app developers build your mobile payment app development which supports DCC (dynamic currency conversion) and PYC (pay in your currency). 
 

EVM development services- While mobile payment app development our mobile developer integration with EMV certification for every type of card Visa, Mastercard, American Express, etc. 
 

Security solution of payment processing- Encryption, Digital signature, and Certificate authentication is a security solution of payment processing that our mobile app developers always keep in mind while mobile payment app development.
 

mobile payment app saving account security translation
 

Features of Mobile Payment Apps

 

Unique OTP- Every user has a unique id or OTP for every transaction for security purposes some apps have a fingerprint scan to add an extra layer of security.
 

Digital wallet- The digital wallet is the space in the app where user card details, offers information kept.
 

Notification- Users will get all related notifications of their payments, offers, bills, and notify the user immediately if any activity takes place in the account.
 

Request/Send a money- The most important feature request or send money to anyone with a single tap at any time.
 

Transaction history- The mobile payment app development stores all the transaction data done by a user so that the customer has the record of all their transactions.
 

Direct transfer to a bank account- With the help of this feature users can directly send money to other bank accounts irrespective of bank and also receive directly to their own account. 
 

Chat capability- You can message a person and add details of a transaction to a person by messaging feature in the mobile payment app. Sometimes customers need to add details along with their transaction.
 

mobile payment app cash back rewards bonus
 

Our Process For Mobile Payment App
We understand our client’s needs and requirements of the market while mobile payment app development. Our mobile app developers communicate and discuss with our clients, understand their point of view, do deep research and coding, convert a static design into a dynamic model with all required functions and features in the mobile payment application. Our testing team will make sure there is no error or bugs and application work according to business requirements. When everything is fixed we deliver it to you with support and maintenance after deployment.  

mobile payment app development easy international payments
 

Design 
CronJ is the best UX UI designing company. We have an expert and experienced UX UI designer, who research and analyze thoroughly and clear all ambiguities to prepare design according to client requirements which convince our client that design will connect to the end customer and give fruitful results.

Our UX UI designer provides an ample amount of choice to the client by creating a prototype based on design so the client can pick the best design which apt to his business and satisfactory to his personal needs and aspirations.

Development 
Once  UX UI designer has done with the design part our mobile developers start coding where your dream mobile payment app turns into reality. CronJ is the best mobile app development company in Bangalore. Our expert mobile app developer will leave no stone unturned to make your mobile payment app development successful from implementing all functions and features to testing errors and bugs of your mobile payment app our developer will do all in the given time limit with the quality of work.

 

mobile payment app online shopping security
 

We Can Clone To Other Famous Mobile Payments App
The mobile payment app development is becoming a necessity and the need for a time from online shopping to small products from the local grocery store we are using our smartphones for every payment. CronJ is the best mobile app developing company. Our mobile app developers can clone other famous mobile payment apps. They can develop the best mobile payment app for your business and make sure that it works successfully and the end customer should engage with your payment app.

Some famous mobile payments apps using internationally are-

 

Google pay
Samsung pay
Apple pay
Paypal 
Venmo 
Xoom
 

Cost of Mobile Payment App Development
All the exciting dreams of developing mobile payment apps are stuck at the cost of the development of the mobile payment app. The cost of development is the most important factor because at the end of the story money matters. It totally depends on you how much you want to invest in the mobile payment app development and what is ROI (return on investment) of it. Generally, in the Asian country, mobile app developers charge around $20 – $50/hr. The cost depends on many factors, we can’t predict the actual cost of development but the more the app is complex the higher the cost will be.

mobile app development online payments
Why CronJ For Mobile Payment App?
CronJ is the best UX UI and Mobile app development company in Bangalore. We have a bunch of experienced and knowledgeable UX UI designers and mobile app developers who are well versed in developing and designing apps. Our mobile app developers are punctual about their deadlines and also used the latest technologies trends to develop your mobile payment app. We provide you post-deployment support and maintenance to your app. You are free to contact our experts for any further queries.

Be it a software developer, programmer, coder, or a consultant, CronJ has it all. CronJ has been a trustworthy company for startups, small companies, and large enterprises. Hire the web of experienced React developers for your esteemed project today.
<a href="https://www.cronj.com/reactjs-development-company.html" rel="nofollow">ReactJS Development Services</a>