The document discusses the evolution and convenience of e-wallet mobile app technology, highlighting its ability to facilitate quick and reliable transactions through features like QR code scanning and NFC. The e-wallet market is projected to grow significantly, potentially surpassing $2400 billion in the coming years, with e-wallets offering features to store money, manage cards, and track expenses. Development costs for e-wallet apps vary by location, with India being the most affordable option, ranging from $24 to $70 per hour, while averages in the USA are higher.

1. Cost And Features
to Develop
E-Wallet Mobile App

2. 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.
INTRODUCTION

3. 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.

4. 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.

5. 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.

6. 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:
 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.

7. E wallet App Development
Cost
$24 to $70
per hour
India is the most affordable country
for
mobile wallet app development

8. E wallet App Development
Cost
$140 per
hour
You can find any mobile app
development company in
USA at little higher price
for $140 per hour.

9. E wallet App Development
Cost
$180 per
hour
$120 per
hour

10. 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.