How to Create an Ewallet App for Android and iOS?

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How to Create an Ewallet App for Android and iOS?

If you are looking on the internet to know how to create an Ewallet app for both iOS and Android platforms? Well, then the answer is here. To know everything in depth please read this article carefully about what you will need to develop your own Ewallet App. 


Undoubtedly, it is a fact that people anywhere can now make quick and instant payments from their smartphones via Ewallet mobile app. Also, nowadays many brick and mortar stores across the globe are focusing heavily on contactless payments and some even offer gift cards, discounts, and loyalty cards for doing so.


While doing research, I’ve found that the Ewallet app market was valued at $144.56 billion in 2020. This research also predicted that by 2026 the market would grow with a compound annual growth rate (CAGR) of 24.5% over the prophecy period to reach $5399.6 billion.


Now, let's get straight into how to develop an Ewallet that meets the customer expectations in 2022:

Steps To Create An Ewallet App

  1. Delineate Your Ewallet App Concept 

Firstly, it is essential to have a clear understanding of the type of Ewallet app you want to have because as we know that there are several Ewallet mobile apps available in the market. Hence, always keep in mind that your digital wallet app concept should have a few significant discriminators in terms of Ewallet app development cost, effectiveness, functionalities, effectiveness, features, and many more. 

  1. Do Deep Analysis Of Market 

After understanding the type of Ewallet application you want to build, it is the perfect time for doing a deep analysis of the market to identify the existing players and their strategies in the market. 


Note: It is advised to do a SWOT (Strength, Weaknesses, Opportunities, and Threats) analysis. It will allow you to compare your strategies and app concept with your competitors.

  1. Creative UI/UX Design 

I understand that designing the user interface and experience (UI/UX) without creating wireframes or mockups sounds very tempting. But, it is never a good way to do this while developing an Ewallet mobile app. Wireframes or Mockups will allow you to understand the user flow and all possible user journeys. 

  1. Design Technical Architecture For Security Purpose

Ewallet Apps require to be highly available and secure. This all depends on the design of the technical architecture. All the factors of your Ewallet mobile app including database structure, features, technologies, programming language, UI/UX, and many more together form the technical architecture. 

  1.  Develop the Ewallet App

After finalizing the technical architecture, Ewallet app developers will set up a development environment for your Ewallet app backend. Also, please note that the backend development is a lengthy process and will affect your Ewallet app’s functionality and performance. On the other hand, the frontend developers will work on developing the frontend for your Ewallet application. 

  1. Testing 

Testing is an essential part of the Ewallet app development process. The QA checks the code developed by developers and tries to find bugs. After finding errors, testers send the errors back to the developers, and the developers resolve the issues to make the Ewallet app bug-free. 

Conclusion

Now that you know the process of developing an Ewallet app, it’s time to decide whether you should hire an experienced Ewallet app development company or develop it yourself. But, if you have already decided to hire a professional Ewallet app development company, then get in touch with Nimble AppGenie as we are the leading mobile app development company across the globe. 



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