How Much Does It Cost To Develop a eWallet App like OKCredit?

eWallet App like OkCredit is your online record/ udhar khata which simplifies credit (उधार) account management for shop owners and their customers. Some other local names of Udhar Bahi Khata where OkCredit can be utilized directly.

The demand for eWallet App Development has reached a different level with the improvement of technology. Consumers are presently depending on ePayments or online transactions rather than cash payments. Several applications are launched in the market to overcome different situations.

The most useful thing about such an application is that it provides us an easy way to get the money during our time of requirement. This sort of end-to-end solution offers various opportunities for the users to make sure that statics are as per customers.

How Much cost of OKCredit as per its key features:

1. Platforms

The mobile app development company in Singapore works on various platforms. Likes works on Android and iOS platforms that help for pulling potential consumers. However, it needs supplies and money to achieve it in order to get the product launch.

The platform depends on the customer base and money that is an investment. Its purpose is to get a good return on investment.

·      Android App Development – The android market is greatly extended with the increase of users on a daily basis. An extension of this, there is also open-source community guidance provided to this Android platform that can be accessed by developers. The eWallet App Development is not complicated with the addition of an operating system that opens the door of innovation.

·       IOS App Development – This is another platform that has a wider engagement of users. It supports in developing a good platform in the M-commerce market. However, there are severe commands that are grasped up by developers while developing the website. This helps in improving safety along with the quality of the application

2. Mobile Design:

The mobile wallet app developers work on the specific design. The design of an application is the one that invites customers. It will help in making sure that the functionality of the application is up to the mind. Hence, it is the one important factor that a creator must work upon. 

3. Mobile Development:

One of the important Factors is of a mobile application development company is to come up with unique and beneficial development. It brings this entire project of a credit application to life. Hence, it is necessary that the initial code is up to the mark for debugging errors, handles updates, features, etc. The company use technologies to guarantee that the development of all the components is done properly.

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 1. Terms and services:

By using the Services, you accept that you have read, understood, and are bound by these Terms and that you comply with the requirements noted herein. If you do not accept all of these Terms or comply with the requirements herein, please do not access the Platform or use the Services.

2. Profile creation:

A Merchant would be needed to build a merchant profile on the Platform (“Profile”). In addition to setting up username and password to generate the Profile, The Merchant is completely responsible for managing the security and confidentiality of its username and password The Merchant agrees to accept notifications from OKCredit regarding:

1.      Data relating to transactions recorded on the Platform;

2.      Demands for payment;

3.      Report about OKCredit and the Services.

3. Transaction information:

Merchants may upload data relating to transactions with Customers, including the purchase of goods or aids, costs, amounts paid and payable, and details of goods and services, on the Platform is called as “Transaction Information”. Transaction Information may be interchanged between Merchants and Customer through telephonic calls, text messages, Whatsapp, email, or other electronic mediums that would depend on the contact details of Merchants and Customers provided on the Platform.

Conclusion:

However, there are several factors that can decide the cost of the development of the project.  But Bases on today's advance feature the fact is that the basic cost is always placed that starts from $10,000 and reaches till $15,000.

Meanwhile, the cost can be a bit higher or lower than this as per the features and layout of the application. Yet the entire value is considered while working upon the full-feature and solid layout. These numbers are just an idea on the total price but it can change as per the estimation of the company.