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 .

HOW TO REVIEW YOUR APP?

Very few things separate a good app from an app without which you cannot live without. The reviews and rating are the ultimate factors that are responsible for the development of an app. It is the process of continuous evolution of the app. If you want to continuously progress with your app, then you have to provide an option for the users to give their feedback. These feedbacks are the ultimate criteria and factors that are responsible for the growth of your app.

Get to know more from the tech community

In this technology enabled world, it is critical to have the advice to the tech people and see what others are doing and thinking about the app. First have their perspective about the app, and then only go for creating the app. The tech community can give you loads of advices which can help you to build the app. They have the technical knowledge of the app. That is why it is vital to have their perspective about the app. Reach out for the technical communities to get help about the technicalities of the app. This will guide you toward all the pros and cons of the app.

Use the social platform

The social platform is a very nice way of understanding about what the user thinks about the app. Create pages dedicated about your app where people can give reviews and suggestions about your app. These reviews are very beneficial to improve your app. Ask questions to the users about the product, poll questions which will give you an idea what people like in your app and what they do not like in your app.  Social platforms are very powerful if used correctly, they can progressively help you in guiding your app to success.

Forums are useful

If you want to provide a platform for the users to give the reviews then forums are great option. Use forums to take review from the users about the product. You can ask them to give their phone numbers and leave the queries along with the issues they are experiencing. This will help you to understand the app from the user’s perspective and you can assist the users in resolving their issues.

Create a beta test team

Create a beta test team to test the features of your app. As these users will have some technical knowledge about the app, it will be a big plus for your app. The group can be created by creating a forum on the local forum where a number of users will be seeing the banners about you making a beta team. You can offer something to them in return of testing your app. This will help you to check your app before getting launched. This is a very nice way to get the reviews about your app.

In case you are looking for tips and tools for mobile app development , you can refer our article here .

Provide In-app reviews

One of the best ways to allow users to provide review is that you have to provide in-app reviews which will allow you to understand what the users think about the app. What they think that must be improved in the app to make it good and how can you provide features that will attract and retain the users. You can use the contact us button in your app to help the users to reach out to you in case they are experiencing any problems.

Make the whole process fun so that people are more involved in providing the app reviews. This set of people will give you the most accurate and profound results. The in-app review option pops out in between of the app will ask the users to give the reviews about your app.

Make the whole process fun

As we all are aware that the people don’t have enough time to write length reviews about you app. So make sure that you spice up the whole process and make it fun. This will make the whole process very interactive and will assist in getting more reviews. Try to do the maximum work of the users by asking the multiple choice questions etc. This will help the users to not spend much time on writing the reviews.

What can you do with the feedback?

The last step is about the fact that what can you do with the feedback. It is very essential to process all the feedback and comments about the app. The feedback must be taken into considerations and improvements must be made to make good feedbacks in the future. Feedbacks are all about improving the app. This is a recursive process. It helps us to make the improvements in the apps.

We, at Winklix  understand the importance of reviews and take these reviews very seriously. We put the reviews in implementation and delivers quality services. So in case you are looking for mobile app development company , you can right away contact us .

WHAT TO CHOOSE-OBJECTIVE C VS. SWIFT?

objective c vs swift

Choosing between objective c and swift is a very difficult choice to make. It takes many factors to consider before adopting a certain language. It is one of the most common questions asked by the developers. You have to keep in mind that no single point should dominate your decision. You should only decide after examining all the factors.

Experience with objective c vs. swift

 

First of all, observe that if you have experience with objective c or swift. If you have equal knowledge about both the languages, then you have to see other parameters like third party library compatibility, API support etc.

But if you have knowledge of a particular language, then you must stick to it unless a project forcefully requires you to work on other language. If you work on other language then there is a benefit attached to it, you get to learn about the language. This helps you see both sides of the coin i.e. learn both languages.

Timeline, Scope and Scale

App Timeline

If you have hard timeline, then you must stick to the language which you know better because using an unfamiliar language will cost you time and money. But if you have a soft timeline or no timeline, then you may use the unfamiliar language.

Scope

In today’s times, the number of objective c users is quite large as compared to swift but swift is a relatively new language. Many objective c users are shifting to swift. It is better to swift as swift is considered to be the future language.

Scale

Small projects can use any language but with the bigger projects, it is better to use objective c as swift is an immature language and whenever a new swift version comes out, the build gets broke which can be very irritating for the developers.

Technical Considerations

The XCode team has done a brilliant work in upgrading the build process to help Swift. If you want a robust support provided by modern IDEs, then you must stick to the objective c. Objective c runtime is much more robust than the swift. Swift is much more reliable and safer language due to its strong typing system and error handling. Swift manages the memory more smoothly and provides some descent wrappers. But importing of C++ code is much simpler in swift as compared to the swift. So it all depends on your project need, which language you want to use to develop the app. Go through all the above factors before choosing one particular language.

Winklix provides IOS solutions

Whether you want your app in objective c or swift, we develop all kids of apps. We are an award app development company who has a highly skilled team. We have a very high proficiency in developing android and IOS apps. If you have a good idea about an app and wants to develop it, contact us as soon  and we will help you in developing your idea into an app.