Reality Paper
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • TV shows
    • World

    5 Steps to Help You Establish Your Startup

    What To Do When Filing For Child Custody

    What To Do When Filing For Child Custody

    Storage Unit

    Why Climate-Controlled Storage Units Are So In-Demand

    Ways for a Remote Team to Stay Productive

    6 Ways for a Remote Team to Stay Productive

    How to Get Collections Companies Off Your Credit Report

    How to Get Collections Companies Off Your Credit Report

    How can pests tank your business and what to do about it

    How can pests tank your business and what to do about it

    Self Storage Coffs Harbour

    How To Choose A Storage Unit? A Step-by-Step Guide to Self Storage Coffs Harbour

    Trending Tags

    • Lifestyle
      • All
      • Fashion
      • Food
      • Health
      • Travel
      best spas

      Welcome to The Best Spas In Pennsylvania

      Inexpensive Ways to Make the Basement More Fun

      Inexpensive Ways to Make the Basement More Fun

      Water Pipes for Smoke Shops

      Most Demanded Water Pipes for Smoke Shops

      How to Grow Your Hair Naturally

      How to Grow Your Hair Naturally

      A Guide to Dye Human Hair Wigs

      A Guide to Dye Human Hair Wigs

      Vendlertattoo: Achievements, Aspirations, And Corporate Ethos

      Vendlertattoo: Achievements, Aspirations, And Corporate Ethos

      Zabaglione-The Italian dessert you never knew you needed

      Zabaglione-The Italian dessert you never knew you needed

      Trending Tags

      • Entertainment
        • All
        • Gaming
        • Movie
        • Music
        • Quiz
        • Sports
        Piano Lessons Singapore Programs

        Why Attend Adult Piano Lessons Singapore Programs

        Fortnite 16.20 Update Patch Notes

        Fortnite 16.20 Update Patch Notes: Vehicle Mods, New Weapons, Dc Crossover Begins & Much More

        Moviesda

        Moviesda – Tamil HD Movies Download Website Movies

        Flipaclip Download For Free

        Flipaclip Download For Free

        5 Ways You Can Make Money As A Music Producer: By Benjy Grinberg

        5 Ways You Can Make Money As A Music Producer: By Benjy Grinberg

        Firebolt 5e

        Specifications: how to write and interpret them?

        How to Download and Play AFK Arena on PC

        Tips and Tricks to Play AFK Arena. How to Download and Play AFK Arena on PC?

        Trending Tags

        • Tech
          • All
          • Apps
          • Gadget
          • Mobile
          Global IP Buying And Leasing Marketplace

          First Global IP Buying And Leasing Marketplace

          Realtek Pcie Gbe Family Controller

          What Is Realtek Pcie Gbe Family Controller?

          third grade science projects

          Importance of Teaching Life Science Concepts in Early Childhood

          [pii_pn_74a6bed063d8077d310e] Error Code Solved

          [pii_pn_74a6bed063d8077d310e] Error Code Solved

          [pii_email_a050b7ac3c7669b59512] Error Code Solved

          [pii_email_a050b7ac3c7669b59512] Error Code Solved

          [pii_email_6f8029b522802d125c68] Error Code Solved

          [pii_email_6f8029b522802d125c68] Error Code Solved

          [pii_pn_1c8d94c4006753de307a] Error Code Solved

          [pii_pn_1c8d94c4006753de307a] Error Code Solved

          Trending Tags

          No Result
          View All Result
          Reality Paper
          • Home
          • News
            • All
            • Business
            • Politics
            • Science
            • TV shows
            • World

            5 Steps to Help You Establish Your Startup

            What To Do When Filing For Child Custody

            What To Do When Filing For Child Custody

            Storage Unit

            Why Climate-Controlled Storage Units Are So In-Demand

            Ways for a Remote Team to Stay Productive

            6 Ways for a Remote Team to Stay Productive

            How to Get Collections Companies Off Your Credit Report

            How to Get Collections Companies Off Your Credit Report

            How can pests tank your business and what to do about it

            How can pests tank your business and what to do about it

            Self Storage Coffs Harbour

            How To Choose A Storage Unit? A Step-by-Step Guide to Self Storage Coffs Harbour

            Trending Tags

            • Lifestyle
              • All
              • Fashion
              • Food
              • Health
              • Travel
              best spas

              Welcome to The Best Spas In Pennsylvania

              Inexpensive Ways to Make the Basement More Fun

              Inexpensive Ways to Make the Basement More Fun

              Water Pipes for Smoke Shops

              Most Demanded Water Pipes for Smoke Shops

              How to Grow Your Hair Naturally

              How to Grow Your Hair Naturally

              A Guide to Dye Human Hair Wigs

              A Guide to Dye Human Hair Wigs

              Vendlertattoo: Achievements, Aspirations, And Corporate Ethos

              Vendlertattoo: Achievements, Aspirations, And Corporate Ethos

              Zabaglione-The Italian dessert you never knew you needed

              Zabaglione-The Italian dessert you never knew you needed

              Trending Tags

              • Entertainment
                • All
                • Gaming
                • Movie
                • Music
                • Quiz
                • Sports
                Piano Lessons Singapore Programs

                Why Attend Adult Piano Lessons Singapore Programs

                Fortnite 16.20 Update Patch Notes

                Fortnite 16.20 Update Patch Notes: Vehicle Mods, New Weapons, Dc Crossover Begins & Much More

                Moviesda

                Moviesda – Tamil HD Movies Download Website Movies

                Flipaclip Download For Free

                Flipaclip Download For Free

                5 Ways You Can Make Money As A Music Producer: By Benjy Grinberg

                5 Ways You Can Make Money As A Music Producer: By Benjy Grinberg

                Firebolt 5e

                Specifications: how to write and interpret them?

                How to Download and Play AFK Arena on PC

                Tips and Tricks to Play AFK Arena. How to Download and Play AFK Arena on PC?

                Trending Tags

                • Tech
                  • All
                  • Apps
                  • Gadget
                  • Mobile
                  Global IP Buying And Leasing Marketplace

                  First Global IP Buying And Leasing Marketplace

                  Realtek Pcie Gbe Family Controller

                  What Is Realtek Pcie Gbe Family Controller?

                  third grade science projects

                  Importance of Teaching Life Science Concepts in Early Childhood

                  [pii_pn_74a6bed063d8077d310e] Error Code Solved

                  [pii_pn_74a6bed063d8077d310e] Error Code Solved

                  [pii_email_a050b7ac3c7669b59512] Error Code Solved

                  [pii_email_a050b7ac3c7669b59512] Error Code Solved

                  [pii_email_6f8029b522802d125c68] Error Code Solved

                  [pii_email_6f8029b522802d125c68] Error Code Solved

                  [pii_pn_1c8d94c4006753de307a] Error Code Solved

                  [pii_pn_1c8d94c4006753de307a] Error Code Solved

                  Trending Tags

                  No Result
                  View All Result
                  Reality Paper
                  No Result
                  View All Result
                  Home Tech Apps

                  How to Create a Mobile Payment App?

                  Ellen hollington by Ellen hollington
                  8 months ago
                  in Apps
                  Reading Time: 5 mins read
                  0
                  How to Create a Mobile Payment App?
                  732
                  SHARES
                  2k
                  VIEWS
                  Share on FacebookShare on Twitter

                  Mobile apps have brought great convenience to our lives and have made everything so much easier and quicker. So much so, that mobile payment apps have brought banking into our pockets. They have enabled us to go cashless and cardless with confidence. Whether it is booking your travel, managing your expenditures, or even splitting your bills, mobile payment apps have optimized and expedited all these processes. With time, our visits to the bank and ATMs have become very limited.

                  The global number of mobile payment users is expected to go beyond 1 billion by 2020, as per Statista. This is because people are no more comfortable with paying through mobile apps than handling cash. Apps such as PayPal, Skrill, and Venmo are already dominating the global market. 

                  Paytm and Google Pay are widely used mobile payment apps in India which have infiltrated the businesses of even the smallest of vendors in the Indian market. With such a global acceptance of mobile payment apps, it is only natural that many would wonder how to create a mobile payment app. There are startups for food, grocery and medicine delivery, there are shopping apps, there are travel, hotel and flight booking apps, every business is integrated with these mobile apps.

                  Steps to create a mobile payment app

                  For creating a mobile payment app, the key factors to be considered are the design, security, and standardization of the app. Following these steps would help you create a mobile payment app that is secure and has the capability to attract a lot of customers.

                  • Native or Hybrid app

                  Before you proceed with the creation of a mobile payment app, you would have a rough idea of what your app is going to look like and what the monetization model is going to be. You also should decide whether you want to build a native app or a hybrid app. Native apps are developed for one single platform whereas a hybrid app works on all platforms.

                   For instance, if you are building a native app for Android, and need your app for iOS as well, you will have to get another app developed for the iOS platform. Native apps tend to be costlier than hybrid apps but also provide additional benefits.

                  • Select a mobile app development company

                  The most important step to build a mobile payment app is selecting the right mobile app development company. 

                  There are numerous companies available on different platforms, therefore, it can be challenging to find the right fit for your app idea. Enuke software is the company which delivers the best apps for you.

                  To select a mobile app development company you can refer to different platforms such as GoodFirms and Clutch and shortlist a few good companies.

                  It is crucial for you to check the experience, projects developed, clientele, and other important factors of the shortlisted companies. That would give you an idea about the capabilities of the companies to transform your idea into a viable reality. You should also get in touch with the shortlisted companies to gain insights about the cost of development, the development team, and the quality of services provided by the company.

                  • Choose the design

                  In collaboration with the design and development team, you then need to choose the design for your mobile payment app. The experience of the mobile app development company in designing similar apps will aid in designing a unique and attractive app that provides the best UI/UX for your users. The app should work fast and should not be complicated for users to understand. The design should reflect your brand image and ensure that the users would use the app for the long-term.

                  • Select the features

                  Quality user experience can be delivered by integrating the best features within your mobile payment app. Your app must-have these features to stay in competition:

                  • Unique login: Users can unlock the app with a fingerprint scan or security code.
                  • OTP: Users should receive an OTP for every transaction to happen.
                  • Notifications: Users should receive notifications of all activities on their account and wallet, as well as discounts, offers, due dates of bills, etc.
                    • Transaction history: All transactions are stored in transaction history for the user to view.
                    • Transfer money: Users should be able to transfer money from their bank account to anyone.
                  • Digital Wallet: The most sought-after feature is the digital wallet that allows users to store card information, in-app funds, special offers, etc.
                  • API integration 

                  API integration is important for the security of credit card information of the users. Credit card data is securely stored by APIs. Use third-party APIs to save on costs. These third-party APIs will facilitate sending payments, managing compliance, or connect the app with banking systems.

                  • Regulatory compliance

                  To create a mobile payment app it is necessary to get the Payment Card Industry compliance. Getting a PCI certification can be a time-consuming process. Therefore, it’s best to use the popular payment gateways that offer native mobile libraries and ease PCI compliance by encrypting credit data and transferring it into a token.

                  • Launch and market the app

                  The mobile app development company will develop and deliver the app to you within the stipulated time. The app is launched in the App store Play store based on the platforms it has been developed for. Once the app has been launched, focus on marketing and promoting the app to increase the number of users and downloads.

                  • Build partnerships

                  You will have to build partnerships with different businesses so that users can use your payment app for various purposes. For instance, the Paytm app in India enables users to pay bills, shop for groceries, buy train tickets, etc, in addition to P2P money transfer.

                  Following the above steps on how to create a mobile payment app will enable you to build your own scalable, secure, and successful mobile payment app. You can also view various monetization methods for your app and use a combination of some of the monetization models to increase your ROI. 

                  Tags: flight booking apps

                  Tips for Finding the Best Treatment for Ear Infection

                  November 4, 2020
                  How Much Do You Think You Love Your Seniors?

                  Adult Day Care Services You Should Know.

                  April 7, 2021
                  Alcohol Training Class

                  Five Reasons to Take an Alcohol Training Class

                  September 6, 2020
                  Root Canal Treatment

                  Root Canal Treatment- the proper Care of Your Smile

                  December 16, 2020

                  Everything you need to know about intermittent fasting

                  November 23, 2020
                  4 Tips for Quickly Recovering From a Car Accident Injury

                  4 Tips for Quickly Recovering From a Car Accident Injury

                  December 30, 2020
                  Ways to Care for an Aging Pet

                  7 Ways to Care for an Aging Pet

                  February 11, 2021

                  Writing a School Entry Article

                  January 26, 2021

                  Live and not worry-how to get over the past

                  December 29, 2020

                  How Can Display Boxes Do Better Marketing Than a Regular Box?

                  October 13, 2020

                  Is the non-profit structure abused for tax reasons?

                  January 9, 2021

                  2020 Laptop updates

                  February 20, 2021

                  Here’s Why You Should Talk to Debt Relief Experts

                  March 25, 2021

                  [pii_email_25fe3e8c394212df91c8] Error Code Solved

                  January 13, 2021

                  5 Teas with Metabolism-Boosting Benefits Backed on Science

                  July 28, 2020

                  L-Da Wild, Wonder Woman 2.0

                  August 6, 2020
                  Reality Paper

                  Reality Paper is a platform where you can read interesting news about TV shows, Movies, Lifestyle, Business and many more.

                  Contact: worldmusti(@)gmail.com

                  Categories

                  • Apps
                  • AreaCode
                  • Auto
                  • Business
                  • Cartoons
                  • CBD
                  • Celebrity
                  • Digital Marketing
                  • Edu
                  • Entertainment
                  • Exclusive
                  • Fashion
                  • Featured
                  • Fitness
                  • Food
                  • Forex
                  • Gadget
                  • Gaming
                  • Health
                  • Home
                  • How to
                  • Law
                  • Lifestyle
                  • Meaning
                  • Mobile
                  • Movie
                  • Music
                  • News
                  • Pet
                  • Politics
                  • Quiz
                  • Relationship
                  • Reviews
                  • Science
                  • SEO
                  • Social Media
                  • Sports
                  • Tech
                  • Torrents
                  • Travel
                  • TV shows
                  • Uncategorized
                  • Website
                  • World

                  Recent News

                  5 Pro-Tips to Create a Perfect Web Designer Resume

                  5 Pro-Tips to Create a Perfect Web Designer Resume

                  April 22, 2021

                  5 Steps to Help You Establish Your Startup

                  April 22, 2021
                  • About Us
                  • Contact Us
                  • Privacy Policy

                  © 2021 Reality Paper All Rights Reserved.

                  No Result
                  View All Result
                  • Home
                  • Entertainment
                    • Gaming
                    • Movie
                    • Music
                    • Sports
                  • Lifestyle
                    • Fashion
                    • Food
                    • Travel
                    • Health
                  • News
                    • Business
                    • Politics
                    • Science
                    • World
                  • Tech
                    • Apps
                    • Gadget
                    • Mobile

                  © 2021 Reality Paper All Rights Reserved.

                  Go to mobile version