Online Magazine - Mobile App & eCommerce July 2021 Issue

E-COMMERCE
There are a few other additional features that help a financial services app like Paytm
stand out among the crowd. Such as:
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Digital receipt
In-app camera
Booking calendar
Geo-location
Loyalty program
Cloud operations
Wearable integration
QR code scanner, etc.
Factors That Affect the Development Cost of an App Like Paytm
The development cost of an app depends basically on the functionality, features, and
complexity of the app. You can develop a simple app with fewer features and complexity
within a tight budget. But, as apps like Paytm involve a lot of features with high levels of
complexities, it will cost more to develop such apps. The following factors play a pivotal
role in affecting the development cost of an ecommerce payment app like Paytm.
App Platform
Different platforms come with different levels of complexities. Some require more written
codes, whereas others function properly with minimal codes. Besides, you need to test the
app on a number of devices and there’s always a battle between hybrid and native
platforms. The type of app development platforms thus affects the development cost.
App Design
This part plays the central role in making the app user-friendly and aesthetically pleasing.
An app should be designed in such a way that users find it easy and convenient to use
without facing any issues or bugs. If you can invest more in using advanced technologies
to come up with high-end designs, the development cost will rise higher. Quality app
designs require you to spend more on design purposes.
App Development Team
You must employ a highly skilled experienced team of mobile app developers to create
an app like Paytm equipped with amazing features, designs, and functionality.
Inexperienced developers are likely to make a blunder while developing such intricate
mobile apps.
24 Online Magazine - Mobile Apps & E-Commerce : Issue 09 . July . 2021