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How Much Does It Cost To Develop An App Like Paytm

paytm app development cost

About Paytm

Paytm is India’s largest online recharge company headquartered in Delhi , India wherein the company is owned by One97 communication .
Paytm.com at first started with mobile recharge only , which was later on extended to online shopping , Paytm marketplace , wallet and much more . Bus ticket booking , and payment of electricity bills and at the same time gaining cash back in wallet has helped paytm to step up the stairs of success . Since India is getting digitalise , the market demand of online recharge app , and app development companies are getting increased .

Cost of developing Paytm like mobile app :

Well is it really a difficult question !! The cost of developing any recharge mobile application depends on the features ,  the platforms on which you are planning to launch your app and so on . Some of the major factors which determine the cost of app is given below :

App Platform :

The cost varies from platform to platform .  The android app cost is always on higher part in comparison with iOS app , as android app required more written code along with testing on number of devices . In case you are looking of hybrid solution rather than native one , it might not be as successful as the native one . For more information on Hybrid Vs Native app , you can refer our article here .
App Design:
 
App design is crucial part , and the reason to succeed behind every app success . The app design should be made in such a may that is ensures smooth interaction with the user . Engaging and eye catchy design will always bring you repeated customer . Designing an app requires using advance technologies , material design and much more , which goes beyond the role of application developer , and obviously will burden your pocket but will worth it . The designing of the app will be requiring between 80 hours to 170 hours on an average basis .
Lets take on an average around 140 hours to design the complete app , in which :
  • Wireframe required 30 hours
  • User interface will take 50 hours
  • user experience will take around 60 hours .
App Functionalities :
 
When we are talking an app like paytm , it may not necessarily means app completely like paytm . You may want some additional features , and not the complete feature as present on Paytm . Frankly speaking , Paytm is not an app made within few months . The development of the Paytm app requires dozens of developers along with years to build the complete app with all functionalities . According to my opinion , if you are planning to have your own recharge application , start with the few features as required and later on after your app started gaining popularity , you can add on features and functionality in it.  App development and launching is not one time job , rather it is continuous process in order to retain customer and cope up with the competitive world . The app size can be reduced to giving preferences on only core values in version 1 of the app .
Depending on the feature , if you consider the basic functionality like mobile and other recharge together with basic commerce functionality will take somewhere around 390 hours to complete which includes backend development of admin cost and implementation the things with UI .

Third Party API’s Integration :

When it comes to development of the app like paytm , specially the recharge one – it all depends on third party api’s implementation. Where it is matter of online mobile recharge , or nth recharge or you want to book a movie or bus ticket , you have to be completely dependent on third parties API’s so that customer and service providing companies can directly gets connects while using your app platform . Third party api’s implementation  requires man-hours ranging between 200 hours – 400 hours depending on the api’s required by you . Also in third parties api’s , implementation hours also depends on how well the third party support to mobile app development company in implementing their api’s .
So the api’s implementation part will take on an average of 300 hours to implement the api’s .

Mobile Wallets :

Wallet act as a lifeline for any recharge app . Recharge app is nothing without a wallet .Mobile wallet app development and its integration requires additional hours depending on the requirement . When talking about paytm mobile wallet , it allows you to add money in wallet , send money to your friend , pay money to vendor , transferring the money to your bank account and much more .
The complete wallet functionality as present on paytm wallet will be costing 270 hours of man hours.
There are numerous other features and functionality that can impact the app cost estimate like push notification , news feed , geolocation  , sms gateway integration and so on .
So interested in knowing how much Winklix charges for Paytm like app development ? Get an instant quote , feel free to contact us at info@winklix.com or contact us by filling the form .
Winklix.com is leading mobile app developer and game app development company serving worldwide .
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How Much Does It Cost To Make An App Like Uber Or OLA

how much does it cost to develop an app like uber or ola

Those of you who live in large populated cities where parking a car is mess and city is full of never ending traffic , will always love to use taxi services . Thanks to companies like OLA and

Uber , who has started taxi booking through the convenience of mobile application wherein we need not to worry about traffic and parking space , we just have to sit back and relax and enjoy the experience of personal car without bearing the expenses of personal car ,

Therefore many business owners are running towards building a cab booking app . The app stores are flooded with the car booking apps in last few years . But you are of course reading this article in order to find out the actual cost of building a cab booking mobile application , and therefore we have to firstly understand the approaches to business process and most importantly functionality of the mobile application . Obviously the cost will all depend on the level of functionality you want to implement in your mobile application on first phase . So lets discuss some major points first !

How does the app work ?

The app can be elaborated in simple steps as :
  • User request for the car on the basis of availability and type of car required by the user . The details are automatically sent to nearest driver .
  • Driver has the option to either accept the ride or decline it .If he declines it , request will be passed to other driver .
  • Custom can track the car on real time basis and can get to know about estimated time of arrival.
  • Custom can pay either in cash or thorough cashless system as per his convenience . Another good feature is custom can estimate the total journey price well in advance .
  • Lastly after ride completion , driver is rated by customer on the basis of numerous factor .
When we are talking about the app like Uber or OLA , always keep in mind that these companies uses two different kind of apps and that is Customer app and Driver app .

Driver App Allows :

  • Editing personal profile
  • Going off duty and on duty by app . Only on duty driver will be displayed on maps .
  • Activity alert . The alert to driver if he is chosen with estimated fare .
  • Calling to passenger directly though app .
  • Generating daily/monthly reports of past booking and earnings .

Customer App Allows:

  • Manage personal information
  • Book a cab
  • Call the driver
  • Getting an estimate of ride fair
  • Track the approaching taxi
  • Automatic payment execution
  • Rating the driver

How much does it cost to build an app like Uber or OLA ?

Well is totally depends on the level of functionality as required by you and the complexity of those functionality .

Location & Coverage ( Maps , GPS , Routing )

GPS location is generally use to fetch location on real time basis , user can easily browse from the list of available car at the location nearby to him , and can locate the car with map integration . Routing server is  required for getting various distance and routes information .
The easy to book looking app for the user have more than unimaginable functionality behind the scenes .
The cost of building :
The developer usually needs 200 hours to integrate the location and routing feature .

Payments

Payment can be collected by the driver either in cash or through online wallet . User can in advance pre fill their wallet , and in order to encourage user to get their wallet refilled , companies offer certain kind of cash back and promotional discounted price . In addition to it , user can estimate the fare even before he actually start his journey . To estimate the ride fare , different company may have different criteria , but following in general it will be usually calculated on the basis of Base fare , together with cost per kilometre , cost per minute .
The cost of building :
Payment gateway integration is tedious job . Usually most payment gateways gets integrated within 50 hours and getting fare estimate required 40 hours totalling to 90 hours .

Registration & Profiles

Most mobile apps required pre sign up even before they start using the mobile app . Signing up may be either from phone number , social media or email as per the requirement , and shooting the sign up email or notification on sms will also be the part of it . Lastly review and rating will also be done by customer and driver .
The cost of building :
To implement registration and profiles , developers usually need 30 hours .
 


Communication & Notification

To ensure privacy of the user and in order to provide regular updates to user , push notification in app , sms and email shooting to user has been introduced by the cab booking companies to ensure customer convenience . The passenger is able to communicate with the driver as soon as he accept the rides without even asking the phone number .
The cost of building :
Integration of push notification required 40 hours , and sms and email integration requires additional 50 hours , to the total of 90 hours .

Design

In order to make your app a huge success , a good designing is the only key , with ensures smooth interaction with the user .
The cost of building :
Designing can take between 72 hours to 180 hours which ranges from a simple design to eye catchy one . LEt’s consider an average of 100 hours for average app building .
  • Wire framing with take 28 hours
  • User interface will take 45 hours
  • User experience will take 27 hours
Our cost starts from $ 40 per hour and hence an app like Ola or Uber can be build within $ 25000 , depending on the requirement .
There are few more things which need to be consider while having an app idea of creating an app like Uber or Ola . You must ensure all the functionality as required by you before handing the project to an mobile app development company that is developing an app for you . Contact us now for more information .
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Things to consider before choosing an iPhone app development company

iPhone-App-Development

The IPhone app development market is growing rapidly with each passing day due to increase in demands of users and presence of iOS app development tools. These mobile apps are going to generate huge revenues in the future. There are around 2 million iOS apps on the app store. This shows the demand of iOS app developers. But before choosing an iPhone app development, it is necessary to look into some factors before making any decision.

Agility

With so many apps already available, if you an awesome idea regarding iOS app, you shouldn’t wait in choosing an iPhone app development company. It may happen that if you wait for building an app, then that idea may click in someone else mind. His app will be created first which will result in your financial loss.

Analyse the iPhone app development company

When you give your IOS app project to the development company, they will propose a price for building you app. You have to make sure that they are asking relevant questions regarding you app. If they are not asking relevant questions, then it means that they have not gone through your project. It does not matter how much they offer for your app, if they are not asking valid questions, then it means that this is not a good iPhone app development company for you!

Analyse company’s reviews

Whenever the project gets completed, clients give reviews about the app development company. Do a proper research about the reviews and rating which will give you detailed analysis about the company. While doing research, not only focus on the end product but give proper attention on what the customer have to say about their services and support.

Timeline and cost

Make sure that the app development company builds your app within the given time frame. Ensure that in completing the project within the deadline, the quality of the app is not decreased. The company should be building your project at a decent cost. The iPhone app development company must complete all the requirements in the desired time frame at the lower cost.

Supports all platforms

Another big thing is that your selected iPhone development company works on all the platforms. In today’s times, mobile apps are generally launched for both platforms that is android and iOS. So make sure that the selected company have enough experience of other platforms as well because if you have to launch you app in other technologies, then they can easily build it for you.

Outsourcing

It is very common that the small companies do not have knowledge of every technology. So they may outsource your work like testing and designing to external company. Make sure that the company is trustworthy because you are outsourcing your precious information to third party.

After researching about above points, you should check the portfolio of the company, what projects they have completed and in how much time. Only after considering all these points, an iOS app development company must be chosen.