Build a closed wallet that uses your own network of merchants to build in-store loyalty programs and discounts. The main advantage of this model is that it allows you to create a strong relationship with your end-users, which could lead to higher revenue over time.
Digital Wallet App Development Company
Digital wallet development solutions we offerGet in Touch
Build an eWallet that lets your end users store their payment information securely and use it to make payments at participating merchants. The main advantage of this model is that your end-users can use it at any merchant in your network, and it allows you to manage the list of merchants and categories for which your end-users can make payments.
Provide your customers with a wallet that can be used to perform all types of transactions. These types of wallets are usually partnered with banks and allow customers to withdraw money from an ATM.
Cryptocurrency wallets enable customers to use cryptocurrencies for online payments, including sending and receiving crypto. The main advantage of this wallet type is that it allows you to expand your reach into new markets.
Enable your customers to use their devices to make payments, including smart home devices, smart cars, and wearables. The main advantage of this model is that it can help you generate more data about your customers and further improve customer experience.
Build an eWallet that uses machine learning and artificial intelligence to offer personalized recommendations, fraud prevention, and security alerts. The main advantage of this model is that it allows you to personalize the user experience, which could help improve conversion rates.
Build an NFT wallet to help your customers store their non-fungible tokens securely and access NFT assets with ease.
Mobile Wallet For Merchants
Build an eWallet solution designed specifically for your business. With a custom digital wallet for merchants, you can speed up transactions, enhance security measures, and improve user experience for your customers.
eWallet app development company
ElifTech is a leading digital wallet development company with over a decade of experience building digital wallet solutions for businesses. With a proven track record of taking a mobile wallet app product at an idea stage, and developing it into an enterprise-level digital wallet solution, our team is ready to help you
What is a Digital Wallet app or eWallet?
A digital wallet is an application that you can download to your mobile device and securely store your payment information. With tap-and-go technology, it allows users to store their credit, debit, and loyalty cards in one place and pay for goods and services. Such applications provide users with a seamless online shopping experience, allowing them to process payments with just a few taps on an app.
Core eWallet components
Digital wallet app development features
How does eWallet app work?
Digital wallets show users information about their transactions and funds, giving them valuable insights to make informed financial decisions.
Users can pay for things via their smartphones, smartwatches, laptops, tablets, and other smart devices.
Transfer with eWallets
With the help of eWallets, users can receive and transfer funds. It digitally stores users’ card info that can be used to pay for goods and services seamlessly.
eWallet app development cost estimation
The cost of building an eWallet app depends on core factors, such as the type of wallet app, added features and integrations, development time, etc.
Type of wallet
However simple it may sound, there’s more to digital wallet types than initially meets the eye. Platforms for eWallet app development, security requirements, mobile wallet integration needs, and the amount of features will all have an impact on the final cost. However, you can always ask your ewallet app development company for an MVP and scale when ready.
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Technology stack we use for eWallet app development
At ElifTech, we commit to designing and developing top-notch, engaging, and user-friendly custom mobile wallet apps. To do this, we use some of the best eWallet app development technologies out there. Here is the tech stack we use
A testament to our service
Why hire ElifTech for digital wallet application development?
We understand that businesses need financial software solutions that can grow with them and adapt to changing needs. We know how to build solutions that resonate with customers across channels and devices—and we can help you do it too. Our fintech solutions software development company will provide technical expertise, project management skills, and creative input coupled with our experience in building industry-leading applications.
Respect engineering maturity
More than one-third of our software developers have 10+ years of top-notch commercial experience in the most demanding niches.
Encourage lifelong learning
ElifTech School and R&D programs keep our engineers up to date with the latest tech and ensure that their skills are at the top level.
Welcome hands-on ML & AI expertise
Our background in AI & ML enables us to implement viable digital transformation models to improve your company's processes.
Believe in the power of R&D
Our In-house Research & Development Department determines profitable solutions for you, supporting each move with empirical evidence.