WHAT MAKES A SUCCESSFUL WALLET APP

Since the demonetization act sneaked into our life with a bang sound, there has not been a single individual who is still remained alien with how to deal with the financial matters through a mobile app. When it comes to mobile apps, we know and relate to them most with a gaming apps, beauty apps, eCommerce apps and now mobile wallet apps as well. A payment gateway app or mobile wallet app is not a new concept, yes, you heard me right, these apps are very much available and existing in the app market for a longer time, but a very limited number of people from the society used it, in India specifically, but demonetization has turned the game and now every existing mobile app offers the payment gateway integration within their apps.

How this broad change has occurred, worth to mention, all the credit goes to our honorable PM Modi, whose decision not just helped to remove the black money out of the Indian economy, till some extent, but now even an 8 year old knows apart from the gaming apps, that what is the PayTM and the cashless movement is the latest fad and talk of the town. It’s a well-known fact that when it comes to manage the financial aspect, we all play extra cautious and curious, so the monetary aspects can be handled with brains not the hearts. It is indeed a dream come true, where even a local tea-hawker is able to accept payment for your daily hot cups of tea, through wallet app, but unfortunately many a times these mobile payment apps create technical issue, which gives at times an unwanted feel to quit the app and opt for another option, but there are certain features responsible for such glitches to occur in the wallet app, which, if taken in consideration in advance, during the app development process, then your wallet mobile app can do wonders, so let’s begin the discussion further:

Location Based Service

What is the first thing which comes to your mind when you use a mobile app, but of course everything under one roof? In the same way, when your user picks the wallet mobile app they should be given enough shop hunting options, which can elaborate it further that which shopping destinations support their mobile apps, it will not just help in the favor of your mobile app, but will also create the popularity of your mobile app amongst your potential users.

Sheer Status

The basic doubt every customer has, that how would I know what happened to my money in case of transaction failed and how much I spent, it is a very basic but logical query raised, so be transparent and clear to your users, and integrate the functionality in your mobile app which would give them a sheer status of their transactions, it would help the users develop trust factor with you.

Light Weight

FB is a heavy application and we all know it requires sufficient data, so it can work well on 3G and best on 4G, but the same Facebook when rolls on in Kenya, has the light version, which can run seamlessly on 2G network as well. Is it surprising? For me it was which meant that a same app can be heavy or light also, depending on the demand. The same theory is needed to be applied on your mobile payment apps as well. You have to ensure within the development cycle that your app is easy and light weight, so would not take more time to display. Maybe you have hit the bull’s eye by creating a wallet mobile app, but if your mobile app fails to be easy and lightweight it would never reach the hearts of your users.

Security Should Be Your Priority

Security and money always go hand-in-hand; you can never miss either. Although technology has made the most favorable advancement, yet the threats related to security have cropped up from every angle, such as:  hackers and Cybernetic attacks. With a wallet mobile app you need to play extra safe, due to the constant money cycle remains connected to your bank account, so security must be the prime concern of every mobile app developer while developing the mobile payment apps to keep the existing data and money transfer a security checked concept.

Digital Coupons

Everyone loves to be rewarded and if the reward comes from a payment mobile app than it is the icing on the cake. You must offer coupons, discounts, daily deals and promotions via mobile apps. Through these coupons, your users can carry and redeem the coupons easily, without a fear of losing them and can avail the discounts offered by your mobile app, this would increase your user base and also your app popularity would get multiply sooner.

Investment made in mobile payment apps, would be worth to look out for, which would continue to increase your business revenue by the passing time. The ongoing demand of online shopping has made the mobile wallet or e-wallet one of the hottest payment technologies. If you have concept related to mobile payment app, then you should not delay it further, rather pick the stream and let the technology play the role in your monetary demands. At Techugo, we take pride in developing the mobile apps for the  leading brands to startups and our mobile app development team  has the expertise to create a unique  variety of mobile app solution for your business needs, which would help you to showcase your idea, goal and dream in the most informative and engaging way. Our team of top mobile app designers is here to help assist you with every step of your mobile app development strategy. We consult, brainstorm, manage the project, design, develop, test, launch, and market apps in the best possible way.

You can get in touch with our team to discuss further your concept to bring into reality. The discussion would help you to gain a better insight of your app requirement.

You can reach us at:

sales@techugo.com
Skype: aks141
Skype: ankit.techugo

Source: http://www.techugo.com/blog/makes-successful-wallet-app/

PROCESS OF PAYMENT GATEWAY INTEGRATION INTO AN APP

With your mobile app you want to cross the continents, you want to be a synonym to success, but have you stopped to think, what is the success recipe for your mobile app, it surely starts with a unique concept, finely tuned into an app, which has the best UI, features, information, accessibility to buy your services and many other features which could turn your app into a dream app for your users. You can’t make an app without the mobile payment options. The world has gone digital, people love to spend more and more time in mobiles and online shopping is the most convenient way to make the payment.

How Mobile Payment Gateway does increase the sales

• It provides mobile phone users a safe & secure medium to purchase.
• It is a less expensive medium to conduct business transaction.
• It is highly accessible interface for the merchant and the buyer.

To have your set of fear and insecurities as a merchant or a developer, payment gateway integration in a mobile app, is a most common affair. Mobile devices are everywhere and so the technology, the existence of either cannot be ignored. When your product goes online as per the convenience of your targeted customers, then it is must for you to provide them a platform where they can conveniently and directly transact in real-time. It moves you one step ahead in the digitalization era, and lets you experience the cashless society. As per the survey conducted, user many a times, change their mind when buying things, or uninstall the app, if they experience even a minor error in the payment process, so integrating the correct payment method is most significant. Here is the complete list to check out when payment gateway integration in your mobile app.

• Security is a Priority

In order to make your payment gateway a secured process for your users, choose a payment gateway with a PCI-DSS (Data Security Standard) certification; it protects card holder’s data highly. The certification would not only secure the data of your users, but it would also help your users to trust on your services, since it would come with a certification intact with the payment gateway integration.

• Don’t Stick To One Option

Every user has his/her own preference, when it comes to make the payment for their online shopping, some choose PayPal, Paytm, freecharge or any other e-wallet service, whereas some may opt for the debit or credit card payment, and possibility is that some would also pick COD option. Just by thinking the variety of users, your options for the payment should also vary.

• Define Your Product

There are two different categories of products: digital content and physical goods. If your product falls into the digital content list, then your payment would be handled either by Google Play Store or Apple App Store policies for in-app purchases. Since these platforms don’t involve third-party payment processors, if it relates to the selling of digital products or content in your application. This involves a 1-click purchase, because users already have a Gmail account or Apple account, depending on an operating system. It would be carried out either by embedding an API in your application code or by using special frameworks. On the other hand, if your products are physical goods, then you have to opt for mobile payment gateway providers.

• Make it Easy-to-use

Make the payment gateway a hassle-free and least steps required process for your users, being lengthy, might distract your user’s attention and they can abandon the shopping in between, finding it troublesome. Get a proper planning done for your payment gateway integration so users can have a smooth experience of shopping, encouraging them to opt for your services again and again. Every developer is well aware of SDKs, which include strong mobile libraries that facilitate your job since credit card data are processed by them. Every user wants an app which is fast and easy and does not make their device slower. You have to be very particular, while choosing the SDKs for your app and must opt for the one, which offers a fast and easy mode of payment for your users.

• Merchant Accounts

Being a merchant, you also need the quick payment settlement. You need to know that there are two types of merchant account: dedicated merchant account and aggregated merchant account. The dedicated merchant account, let you have more control over the money, but the acquisition process is time consuming and requires a book of information about you and your company. With this account the money gets transferred within 2-3 days only.

On the contrary, the aggregate account, allows your funds to be in a bunch with other merchants’ money. Within this account, the information about you and your company is required, but the acquisition process is far easier and you attain your account much sooner. With the aggregate merchant account, fund transfer takes longer time, first it seeks your permission either to spend the money on something or make a request for transferring your money to your real bank account. After that, you will wait around 5 business days to get credited to your account.

Integrating a payment gateway in your mobile app, is a necessary feature for both merchants and developers, the tech-market is flooded with the options to accept payments in your mobile app. But you need to be wise enough to not to compromise on quality, and also make the payment gateway integration feature in your app a useful process; else many users might quit the apps finding the payment process tiresome and unsafe.

Select wisely to find the best solution for your particular app, and don’t hesitate to get in touch with us, at Techugo, you can get in touch with our team to discuss further your doubts and confusion related to app development process, we assure you to bring your concept into reality. The discussion would help you to gain a better insight of your app requirement.

You can reach us at:

sales@techugo.com

Skype: aks141

Skype: ankit.techugo

Source: http://www.techugo.com/blog/process-payment-gateway-integration-app/