eWallet Mobile App Development: Key Features and Cost Estimation


he rapid growth of mobile payments has led to the emergence of digital wallets or eWallets. An eWallet is one of the most common projects undertaken by our mobile app development company in Chennai. It has become increasingly popular among consumers because of its convenience, security, and ease of use.

If you are planning to develop an eWallet mobile app, there are several key features you should consider to ensure that your app meets the needs of your target audience. This guest post will discuss some of the essential parts of an eWallet mobile app and provide an estimated cost of developing one.

Key Features of eWallet Mobile App Development

1. User Registration and Profile Creation

User registration and profile creation are essential features of an eWallet mobile app. It allows users to create an account on the app, which they can use to store, manage, and transfer their digital money.

When designing the registration process, it is essential to make it simple, secure, and convenient for users. It should be simple, users should only have to provide a little information, and the registration process should only require the necessary information.

Users should also be able to sign up using their social media accounts or other third-party services to simplify the registration process. It can help speed up the registration process and make it more convenient for users.

Once users have registered, they should be able to create a profile with additional information about themselves, such as their name, address, and payment details. It helps developers to personalize the user experience and make it easier for users to use the app.

2. Payment Gateway API Integration

Regarding payment gateway integration, businesses can consider several unique features when developing an eWallet mobile app. These features help differentiate the app from competitors and provide added value to users.

A unique feature that businesses can consider is the integration of blockchain technology. Blockchain technology can offer a secure and transparent payment process, enabling the creation of a decentralized and immutable ledger that records all transactions. It can increase user trust and confidence in the app’s security and make transactions more transparent and efficient.

Another unique feature businesses can use is biometric authentication, like fingerprint scanning or facial recognition. Biometric authentication can provide additional security and convenience, as users can quickly and easily authenticate transactions using their biometric data.

Businesses can also integrate loyalty and rewards programs into their eWallet app. By offering rewards and incentives for using the app, companies can encourage more users to use it for their transactions, increasing engagement and loyalty.

Finally, businesses can also consider integrating social media features into their eWallet apps, such as sharing transactions or splitting bills with friends and family.

3. Transaction History and Receipts

Transaction history and receipts are essential features of an eWallet mobile app, and they allow users to view their transaction history, track their spending, and keep records of their purchases. The feature can also help businesses track their finances and provide customers with proof of purchase.

When designing the transaction history and receipts feature, making it easy to use and navigate is essential. Users should be able to quickly access their transaction history and filter transactions by date, category, or other criteria. The transaction history should also provide detailed information about each transaction, including the date, time, amount, and merchant information.

Users should also be able to view and download receipts for each transaction. They should include all relevant information, such as the merchant name, transaction amount, and date and time of the transaction. The receipts should also be easily accessible and downloadable for future reference.

Businesses can consider incorporating additional features into the transaction history and receipts feature. For example, companies can allow users to categorize their transactions by separating expenses into different categories like food, travel, or entertainment. 

Another helpful feature is the ability to receive transaction notifications. It can alert users for each transaction, and they can view the transaction details and receipt directly from the information.

4. Multi-Language Support

Businesses should consider several factors when implementing multi-language support to ensure the feature is user-friendly and practical. 

  • The app should provide an easy and intuitive way for users to switch between languages. 
  • It should support multiple languages, including different character sets and fonts. It can ensure that text and content are displayed correctly, regardless of the language. 
  • Test the app thoroughly to ensure all features and functionality work seamlessly across all supported languages.
  • Businesses should consider localizing their content for each language. Translate all text and content within the app, including menus, buttons, and notifications, into the user’s preferred language.
  •  Localizing content can help users feel more comfortable using the app, as they can understand the language and displayed range.

5. Security Features

Security is a critical concern regarding eWallet mobile app development, and users expect their personal and financial information to be safe from unauthorized access and fraud. Therefore, businesses should include several security features in their eWallet mobile app to protect users’ data.

  • One of the essential security features is two-factor authentication. 2FA can help prevent unauthorized access to the user’s account, even if their password is compromised.
  • Another critical security feature is end-to-end encryption. Encrypting all data transmitted between the app and server ensures unauthorized parties cannot intercept and read data. End-to-end encryption can help prevent data breaches and protect users’ personal and financial information.
  • Businesses can also consider biometric authentication, like fingerprint or facial recognition, to provide an additional layer of security. Biometric authentication is a convenient way for users to access their accounts and authorize transactions.
  • Fraud detection and prevention is another important security feature businesses can implement in their eWallet mobile app. It uses algorithms and AI to detect suspicious activity and prevent fraud. For example, if a transaction exceeds a certain amount or occurs in an unusual location, the system can flag the transaction and require additional verification before approval.
  • Businesses should ensure that their eWallet mobile app complies with data protection regulations, such as the GDPR and the PCI DSS. Compliance with these regulations can help protect users’ personal and financial information and that businesses are held accountable for any data breaches.

Cost Estimation of eWallet Mobile App Development

The cost of developing an eWallet app can vary depending on several factors, including the app’s complexity and the number of features.

  • A basic eWallet mobile app can cost between $10,000 to $20,000. It would include essential features such as user registration, payment gateway integration, transaction history, and receipts.
  • An advanced eWallet app with additional features such as multi-language support, security features, and loyalty programs can cost between $20,000 to $50,000.
  • Finally, a high-end eWallet app with advanced features such as AI-powered chatbots and voice-activated transactions can cost upwards of $100,000.


An eWallet mobile app can be an excellent investment for businesses looking to provide customers with a secure way to manage their finances. When developing an eWallet app, it’s essential to consider the key features and ensure that they meet the needs of your target audience. 

The cost of developing an eWallet app can vary significantly. Working with a well-versed mobile app development company in Chennai is essential to ensure you get the best value for your investment.


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