How Mobile Apps Are Transforming Banking Sector

banking sector app development

Just a simple question to start with ? Which did you last visited the bank physically ? Most of you do not remember the same . It is the fact that as the technology is getting mobilised , so is the banking sector . We can do almost everything from the convenience of mobile app and that’s so in a very secured environment . Due to technology advancement in banking sector , presently we are able to experience hassle free banking experience .

With the technology advancement over time , even the banking app has been converted into easy to use mobile applications , in comparison with the bulkier version earlier . Due to this a person who does not even have a penny of experience of using mobile app , can easily carry on banking transaction through mobile app . Along with this , there are many other benefits of mobile app that have changed the way of doing banking for us and some of them have been elaborated below :

1) No Waiting In Queues

If you are one of those person whose day’s first task is to visit the bank for doing any of the transaction , then you must be thankful now for banking apps that have changed your life . You can perform the same task by clicking on few icons in banking mobile app .

2) Convenience To Consumer

All banks works during business hours , usually between 9:30 am to 5 pm , and that is the time most of us go to our offices . This radically means when you are suppose to visit banks for performing any of the transactions , by taking leave from your office that will obviously cost you more . But with the launching of mobile app , this scenarios has been completely replaced . Now in person can do transaction anytime and from anywhere in the world .

3) Immediate Transfer

Usually in India , it takes 3 working days for any cheque to get credited in bank account with is obviously time taking process . But thanks to banking app , it can be transferred within few second and that to from anywhere .

How Is technology Seeing This Shift In Banking Sector ?

A well deployed banking app development must have an awesome UI/UX design for their banking customer . Also security is one of the greatest concern while taking about the mobile app , so that custom can get peace of mind by using banking apps on their mobiles . Latest introduction of technology like BHIM app , UPI has improved the banking sector by joining in all the bank together and thus making transaction between different bank just a click away .

Introduction of latest emerging technologies like Big Data , AI , Blockchain , IOT has open the whole new door for banking sectors .

Banking which were earlier thinking of opening thousand of branches for the convenience of their customer is now more focusing of development of their website and mobile app . The advancement of technology is already created a virtual banks , and in newer future new physical bank brand would be a rarity .

Winklix.com is leading mobile app development company providing website and mobile app development solution across all industries .  We are also leading CRM and ERP software development company thus facilitating IT solution in simplified manner .

Secrets To UI/UX Design When Building An App

app ui design

When we are talking about building an app , entrepreneur always keeps an eye on the huge market app and play store is having to extract huge amount of business from it . In today’s world , wherein more than 2 millions apps are available in play store , and another 2 million app available in apple app store , there is no point to not to chase your app development project on the top of the best selling charts . When we are talking about the app , we must be focusing on customer centric approach . App must be designed by always keeping user in mind in order to give them enjoyable experience .

But this article is all about the UI / UX design so lets start with the secrets to UI / UX design that you should always keep back in your mind when building an app .

Adaptive UI & UX

For every user who are not technical might not be aware about responsive design . But what if we go beyond the technical approach and rather focuses on end user centric approach . Start typing petrol pump on google search and you will be noticing different result on the basis of your location , thereby showing petrol pumps nearby . In order words we can say app changes user interface and give user experience in order to enhance search result and thereby reducing the click to expose relevant content.

Push Notification Importance

According to recent studies it has been seen that push notification in app engages more user to return to app . I know it is fact that for some user it is very annoying , but when it comes to Facebook , Whatsapp , or News related app , people don’t even want to miss a single notification from that app.

The key is added value . So if you value your information on push notification , I bet you can manage to attract more user in your application , and will imply more increase in engagement of user .

Search Is King

Search is all about allowing the user to navigate in convenient way in app , and can easily find what they are searching for . Thus the best way to do that is giving user all the necessary tools that might be needed by the user including search filter , short things on the basis of criteria and so on .

First Impression Is Last Impression

User usually have the tendency to judge the app in the very first time they use the application . So always focus on first impression as it is the most critical one . Ensure will the app developers together with your own strategy that it gives an awesome experience to user in the very first run . User interactive guide to explain each and every thing about the app working will do a lot in successful of app .

Support Is Essential Part Of UX

Nothing is worse than the app crashes . But if a app crashes in such a way that user feel they have encountered glitch in matrix will help you overcome with a problem . Bugs are inevitable , then why not to make them a part of user experience ? Providing user with a possible reason for app failure together with a link to support page will help you gin trust

Conclusion

There is no point of getting scarred with user experience and interface design. All you need is innovative mind together with bit of common sense , and strict lines on the rules stated above .Feel free to contact Winklix here , who can help you turn your idea into amazing application .

How Much Does It Cost To Develop An App Like Tinder

cost to develop an app like tinder

How Much Does It Cost To Develop An App Like TinderTinder is a social platform , in which user can sign up using their Facebook profile and can search for opposite gender individual on the basis of their location . If the user like the request made by the user , the other person will be notified and they can start chatting with each other which is incorporated in the application itself . The Tinder app is available on both Android and iOS platform for the convenience of the user .

How Does Tinder Shows Attractive Match ?

How Matches Are Made ?

This is a billion dollar question . Have you used tinder for at least once in a while ? Then the question might have come in your mind how the matches are being made in Tinder . As a Tinder user , if you send request to someone some of them get’s liked and some might not.  As per our personal analysis below are the few points based on the Tinder algorithm of showing matches to the user :

Attractiveness

It is defined according to the number of matches and likes that particular profile is getting . The more the like of that profile , more user will be filtered similar to the attractiveness of the user  .

Spam Quotient

Tinder usually keep the track record of the user logging in to their app by their account . They saves the tracking id of the phone of that particular id , and if the user keeps on changing the tracking id then the tinder software will get to know about whether the user is a bot or a real user .

Activeness Score

If the user is newly sign up user , new suggestion of profile will be shown to user and his profile will be shown to user just to get the attraction of user so that user can get attracted to the Tinder .

Factors Based Upon Facebook Profile

Tinder also shows suggestion on the basis of your Facebook profile friends and interests as fetched from Facebook login .

Approximate Time For Development Of Tinder Like Application

Well this can’t be predefined in most of the cases . Usually we suggest our client to go on with any develop on per hour basis , rather than going on with fixed charges in which they may skip some functionality just to complete the project on time . Well the time for development totally depends on your requirement , the features required and so on . Find below the time frame according to some major functionalities as required in the application like Tinder :
  • The UI design together with animation and UX  will take  180 hours .
  • XMPP / Pusher / Pubnub Chat will take 100 hours .
  • Facebook login together with fetching friends and interest from Facebook will take 20 hours .
  • Like / Dislike and undo like/dislike feature together with imitating chat will take 40 hours .
  • Location fetching on real time basis together with suggesting profile on the basis of pinned geo location and displaying profiles thereon will take 250 hours .
  • CMS and backend development will take 180 hours .
  • In app purchases will take another 30 hours .
  • Creating and associating web services with app will take 270 hours.
Above functionalities are basis mandatory functionalities required for developing an app like Tinder . Actual time may depends on the functionalities as required by individual user .

Approximate Price For App Development

Different app development company may charge different price for developing an app on the basis of expertise knowledge and team they are having . We would suggest you to go with a company how has expertise knowledge on the same , rather than a company who will apply trial and error method on your app , thereby giving you a app which will take more time to load , and will probably have bugs in it .
Total price for developing an app like Tinder for android platform will comes out to be $ 35600 and iOS will cost somewhere around $ 35000.
The backend CMS part will cost $ 7200 . Hence the total cost of development of android and iOS app together with backend comes out to be $ 77000 , which may vary according to your requirement with the minimum turnaround time to develop an app with be 4-5 months .( Note : Price has been calculated according to $ 40 per hour )
So are you looking for dating mobile app developer , you can right away contact us  . Winklix is having experience of developing more than 1000+ mobile applications  .