Want Your Mobile Wallet App To Be Loved By Millions? We Will Give You The Secret Tact

By Harikrishna Kundariya Mobile April 26, 2019 11 min read 678 Views

Today the world has become too dependent on the Internet and smartphones. If you glance at your life, you will find yourself spending more time in the virtual world than the real one.

But, there cannot be a shred of doubt that we enjoy a better standard of living than ever before. It has all been possible due to the beautiful developments that had started somewhere in the late twentieth century.

Smartphones have become our mode of interaction today. Smartphones are used not only for watching videos through Youtube or doing a conference call, but it is involved even in serious matters like banking.

Today mobile wallets are a general thing. Consumers can not only buy products on the Internet, but you can also do it without even your credit card.

Mobile Wallet

The phones have become a virtual wallet and transactions have become super easy. As things stand today, physical wallets can be called a relic. But if you would like to design a mobile wallet through mobile app development that would be accepted and loved by millions, how would you do it?

Well, here you go.??‍♀️

So, we will be diving deep through each topic.

Understand The Basics Of The Application Development Of Mobile Wallet

Before you jump into anything, it would be a good idea to look at the basics. You would need to see how mobile wallets make life easy and effortless for the people, making them love it.


The financial operations in the digital world today do not take more than 3 seconds. Just not the transaction, your app should be smooth and swift, starting from the loading process to the operations.

Easy Usage

‘Ease’ should be a factor here that you can’t compromise come what may. Just a pin or a password is all that the user should enter, and the payment will get processes. The transaction should proceed just like a typical credit card transaction.

The Capacity Of The Application

The digital space is endless and the smartphones today have enough memory to save data. The wallet should be able to keep all the data without any problem.

Comfortable Solution

The best things are there would be no paper receipts and no requirement for signatures. You should keep options for occasional discounts, offers and coupons to make users want to use the app.


Carrying virtual money would not need you to take a large bag. You can give as much as you would want in the smartphone. The mobile app would not need to have any particular functionality for this.

High Levels Of Security

This part is essential. You would need to build an impenetrable security system.

What Are The Secret Rules To Make This Mobile Wallet?

You can use some of these secret tricks for building any mobile wallet no matter what platform you’re using it. One can use Digital wallet app for general purpose or some particular store. If you are planning to build a startup around a specific mobile app, you need to be a whole lot more careful.

Since real customers would use it, reliability and security can be nothing less than perfect. For Converting Your Idea Into Android App , you would need you to put in the efforts.

You must go through these steps:

Studying The Market And Have a Thorough Research

No matter what you do today, researching has become very important. You can do a lot of that from the comfort of your home.

Even if you are buying something costly, would you do so without some prior research❓ You would be selling your mobile wallet to the customer, and this means research is essential.

Mobile Wallet Market

Studying the market is a very crucial part of the development phase with no regard for the industry. You should know everything about user opinions and market prices. It is easy to find any information today in this age of digitalization.

Google Pay, Apple Pay, PayPal, and Samsung Pay are among the biggest names in the mobile wallet domain these days. These are others too. You can find the exciting features in these apps without breaking a sweat.

The next step would involve studying these apps carefully. The mistakes that you’ve found there must be avoided. Not only that, the users should get something interesting and find a touch of uniqueness to the product.

Target The Potential Customers Correctly And Define The Main Purpose Of The App

After the completion of the research phase, one of the primary tasks is to focus on the requirements of the target audience. The best way to do this is to break the entire element. It would give you a clear problem statement.

Mobile Wallet Benefits

You would then be able to understand what you would need to do with your product and also follow the services that you need to offer. You would also have a clear idea of who would be using that application.

Though discrimination is something the world disapproves today, you should differentiate your customers by their professions, habits, and age. Now, you have a clear idea of what each of those categories would expect from the mobile wallet you develop.

Through this, you would understand the services and features that customers prefer the most.

You would also develop an idea about how and when people use these services and features. People like their mobile wallet service to be fast, secure and smart. You would need to give them a reason to become loyal to the app.

  • Try to engage the customers very early in the app development process.
  • You should get to know their opinions and create a warm relationship.
  • You could put them on the beta programmer for the app.
  • You would need to orient the marketing campaign for potential customers.
  • Relevant content and personalized offers would represent the purpose of your product.

For knowing the exact methods of defining the purpose of the app, you should Hire A Mobile App Developer. He/She should help your right from project scope to design to development to maintenance.

Choose The Mobile Platform And The Type Of Wallet

Next comes a significant step in the development process. It is the time when you make decisions about where you would like to sell your application. You would need to choose the platform the mobile app would be supporting.

Types Of Mobile Wallet

The most common one’s today are Android, iOS and Windows. You could create or at least start with only one platform and later strive for a cross-platform product. After all, it depends on all of you and yeah, your budget. You should know that every platform would have its pros and cons.

You should also bear in mind that the final cost of the project would also depend on which platform you would like to proceed.

Now there are instances that you can take here. If you would like to target the global market in general, you should go for Android. However, if you were targeting only the American market, Apple’s iOS is much better.

The next step would involve you in deciding whether you would like to have simple services like using coupons and vouchers. The best way to go is to develop an advanced custom e-wallet which will give the users a lot of payment options, like collecting bills. You can classify them into three general types.

A retailer app that has mobile wallet options which would enable the user to store coupons, vouchers, cards, and other bonuses and cash them out as loyalty An actual mobile wallet which would hold the credit card details of banks and let the users make payments.

A full-fledged mobile wallet that would allow all the different types of financial transactions, from various credit cards of financial institutions all over the globe.

Once you have decided on that, you would need to figure out the type of transactions you would handle the products. The following are the three suitable options – peer-to-peer money transaction through mobile wallets, commercial payments made online and point of sale (PoS) payments that are made directly at the store.

Mobile app development services

As you would see, you need to able to decide the type of digital wallet app you want to create. Though you can choose things on your preferences, you can take inputs from online research to make the decisions.

Decisions made on data are much better than those based on hunches. It will even help you to estimate the prices for the features and eliminate the quite useless ones. After all, simplicity can make your app not only more relaxed, but faster and smarter.

Read also: Hottest mobile app development frameworks you need to know in 2019

Some Critical Technical Features To Be Present

The developers should be aware that there are some free toolkits available on GitHub. If you are developing the mobile wallet app yourself or taking help from someone else, there are some cool things that you should know.

The Android Software Development Toolkit (SDK) would come in handy for any mobile app development. Java programming language should also be a strong point of the developer who wants to create the best mobile app wallet for Android.

The SQLite database would offer an excellent platform for the backend to access the data and store them properly.

If you would like to create a mobile app for iOS, Swift and Objective-C would be the best languages. The Apple SDKs and the secure SSL/TSS transport protocols would be the best. But without getting into what words you can use or which should be your database of choice, there should be a few technologies that would draw the user



Secure wireless transactions between the NFC-enabled smartphones and the transmitters that are present on the POS devices is one of the main motives of near-field communications protocols these days. It had started as the right way of data communication, but its security makes it better suited for financial transactions.

The user could have the credentials in the Digital Pocket or even in cloud servers. One of the most secure options for Android smartphones would be Host-based card Emulation (HCE).

The credentials of the users would be taken from the device and transmitted through NFC to the payment terminal through the Internet connection.

Bluetooth And iBeacons

ibeacon technology is a beautiful technology that helps to transfer data without the need for Internet connectivity. The technology runs on the Bluetooth 4.0 gadgets which takes the help of the external BLE transmitters called the Beacon.

Bluetooth And iBeacons

The POS with enabled iBeacon can read the details of the client immediately. There would be no need to scan the cards and coupons. The POS terminal of the vendor would display all of the information.

QR Codes

QR code

An alternative to the NFC technology can be the QR codes. The digital wallet app can link the payment options and convert these into secure QR codes. These can be stored in the cloud and scanned while making payments.

The User Interface And User Experience

The User Interface and User Experience, or UI & UX, in short, are considered as one of the most important reasons behind the success of a mobile app. It is only because this would be the first thing that the users would notice. If it is ogle-friendly, the developers have done half the job correctly.

The interface should be able to represent the purpose of the app. It means the colors, text, fonts, buttons and, symbols – everything should be in such a way that the entire use of the app becomes smooth and easy.

It should take the user just a few moments to understand how the app works. The perfect placement of the features would make the app extremely popular.

The screens of the app should be in the whole hierarchy. The touch, swipe, and clicks could be taking the time of the user. So the payment process must be appropriately organized. Also, keeping it simple would inevitably be reflected in the revenues that you earn.


Powerful digital wallet app development is not that easy. It would take more than just patience to get through all the hurdles. It is important to focus on the project constantly and research about the needs of the consumers.

Taking this idea into consideration, here have provided the list of secrets which will help any Mobile Application Development Company to create a world-class digital wallet app.

Engaging the users would help to develop an app that gets a lot of attention. The final solution would be much more fruitful if you keep focusing on the purpose of the app and not just profitability.

Hire mobile app developers

Disclaimer: We at eSparkBiz Technologies have created this blog with all the consideration and utmost care. We always strive for excellence in each of our blog posts and for that purpose, we ensure that all the information written in the blog is complete, correct, comprehensible, accurate and up-to-date. However, we can’t always guarantee that the information written in the blog correct, accurate or up-to-date. Therefore, we always advise our valuable readers not to take any kind of decisions based on the information as well as the views shared by our authors. The readers should always conduct an in-depth research before making the final decision. In addition to these, all the logos, 3rd part trademarks and screenshots of websites & mobile apps are the property of the individual owners. We’re not associated with any of them.

Harikrishna Kundariya

Harikrishna Kundariya

Harikrishna Kundariya, a marketer, developer, app lover, technology savvy, designer, co-founder, Director of eSparkBiz @Mobile App Development Company where you can Hire Mobile App Developer. His 8+ experience enables him to provide digital solutions to new start-ups based on app development.


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