How Much Does It Cost to Develop an Android iOS App like Paytm

2019-12-18 | Appentus | View : 1136

If this is your concern then you can read out the factors and features we have discussed below that can help you to evaluate the app development cost and how you can reduce it.

Paytm is one of the leading online recharge company. It started initially with the feature of online mobile recharge and later introduced almost everything that you can imagine off. It can be considered as All-in-one app where you can shop, place an order, get deals, etc. since the evolvement of technology is in a good pace and developing applications like paytm can be beneficial. People are always looking for a better way. You can also introduce some additional features apart from paytm to attract customers towards your app. But one thing that needs to be considered is the app development cost. You have to make an effective selection at every stage of the development to optimize the development cost. Here we have discussed some of the factors that can help you in better understanding this.

Factors affecting the Development Cost of an App like Paytm:

The app development process consists of various stages that can rule the development cost. You can also get the estimate of the cost using the app cost calculator by identifying the features and the functions you will be required on your app. Here we have discussed factors that will help you to determine how much does cost to develop an android or iOS app?

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• Application Platform: To develop a mobile app it is very crucial to opt for the best platform that can best suit your organization. The mobile app development cost for an application like Paytm will vary from platform to platform. Developing application on the Android platform will cost more than iOS as it requires more code for the development process and the emulators also process slower than iOS. The testing of Android applications also needs to be verified on various devices so it will cost more than iOS. you can consider the iOS platform if you want more precise development at an affordable price. The platform will also help in the optimization of the app which will help in increasing the visibility of the application.
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• Application Design: Designing an application like paytm needs to be focused more to develop a user-friendly interface. Customer engagement is the most required in this kind of apps to retain customers. The development of an interactive and intuitive design will require the integration of advanced technologies and tools that will surely cost you a good amount but the results will be worthy for sure. Companies that develop a mobile app uses various modern technologies that can help you to create more leads and reach to your target audience. Make sure to pick the best app development company to have a successful design of your application. You can reduce app development cost by compromising on various other factors.
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• Application Size: The app development process consists of various development stages that introduce features and functionalities of the application that control the size of the application. For an application like Paytm, it is a must to control the application size as it contains multiple features. The size of the application will affect the mobile app development cost and you can reduce it by optimizing the features of the app and by focusing on the core features of the app. For consideration, you can take the recharge feature as your first preference for the initial version of the app and can introduce more features later on. You can make use of advanced development tools and technologies to build the application.
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• Application Developers: Picking up the best development team can surely help you in building a worthy application. The very first thing that will hit you while thinking of how much does cost to develop an android or ios app will be a developer that can help you out in this. For the development of an app like paytm you need to make sure to pick a developer that can meet the expertise level required. To develop a mobile app you must rank the developers on the experience level to evaluate their ability. These factors can help you in picking up the best development team and to reduce the development cost of the app.
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• Mobile Wallet: Almost all the recharge applications have a mobile wallet to allow customers to make payments with more ease. Integration and development of a mobile wallet in the application will take more time than usual and will cost you more but it will help you in better customer engagement the application development cost can be reduced by having a perfect strategy while designing the development roadmap.

So from all this, we can conclude that the development cost of applications like paytm can be optimized by making use of effective tools and technologies. You can hire a mobile developer to discuss the preferred features and functionalities you want to introduce in the application.

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