Do you want to build an app like LikeCard? If so, this blog is for you. It will familiarize you with everything you need for a successful LikeCard clone app development.

The current digital era demands advanced financial services, allowing users to transact on the go. According to Statista, the worldwide digital payments sector, worth approximately $4 trillion in 2020, is projected to surpass $10 trillion by 2026. This shows that e-wallet apps can be a gold mine for financial businesses because of their potential to grab customers’ attention and gain their loyalty.

So, if you are an entrepreneur who wants to build an app like LikeCard, read this blog to get insight into the development stages, features, and costs involved.

Introduction of LikeCard- E-wallet App

LikeCard is one of the best ewallet apps used for seamless digital transactions.  It was founded in 2015 to provide digital entertainment and gift cards. With this app, users can enjoy hassle-free and secure money transfers. It’s one of the most effective ways to manage finances.

So, if you want to build an app like LikeCard, you are advised to consult with an ewallet app development company that can make your app stand out in the market.

Current Market Stats of E-wallet App

• Digital Payments market’s predicted total transaction value is expected to reach US$11.55 trillion by 2024.
• The predicted total transaction value of banking mobile app development is anticipated to exhibit a compound annual growth rate (CAGR 2024-2028) of 9.52%, leading to a projected total of US$16.62tn by 2028.
• Digital Commerce is expected to dominate the market by 2024, with an estimated total transaction value of US$7.63tn.

• As per the above graph, it is projected to increase double from 2020 to 2025.
• Furthermore, Asia’s market size surpasses North America, Latin America, Europe, and the rest of the world by a wide margin.

Top 5 E-wallet Apps

As per eWallet App Development Companies, the following are some of the top LikeCard alternatives in 2024 that you must know to analyze your competitors.

7 Key Steps To Build an App Like LikeCard

It’s quite complicated to create wallet app like LikeCard, with many possible situations to consider. That’s why you should collaborate with a full-stack app development services provider that can help you stick to your vision.

1. Extensive Market Research

First, dive deep into the market to understand what is out there. Like another app, understanding targeting audiences and competitive players is critical. It will enable you to make your payment app like LikeCard stand out and not become a copycat in such a crowded market.

2. Choose the Tech Stack Appropriately

You must pick the best tech stack for the app’s performance and scalability. Be clear about whether you want to develop a digital card like the LikeCard app for iOS, Android, or both. You can get assistance from an iOS or Android app development company that has vast knowledge about the best tech stack, programming language, framework, and database.

3. Make UI/UX Design

It’s the stage where your app comes to life visually. To keep users engaged, ensure the development of a user-friendly and intuitive interface. To make your e-wallet app user-friendly, focus on making transactions as simple and quick as possible. This will help translate any complex financial process into an intuitive user journey.

4. App Development

Your selected technology stack comes into play here. You are advised to hire dedicated ewallet app developers to bring your app design to life. Hired developers must be able to convert your UI mockups, UX wireframes, and other designs into a functioning app. This will ensure that your e-wallet app functions flawlessly across various operating systems (Android and iOS).

5. Test Thoroughly

Before introducing your E-wallet app to the market, ensure that you conduct thorough testing so that bugs and other technical errors can be identified and addressed efficiently. This includes security testing, performance testing, and user testing. Quality assurance is an ongoing procedure that ensures a seamless or positive user experience.

6. Launching and Marketing

Now, it’s time to launch an eWallet application in Morocco or anywhere. Start promoting your app to your target audience when it is up and running. You can use social media platforms, email marketing, or many other methods. You are advised to develop a strategic marketing strategy to obtain the desired outcomes.

7. Ongoing Maintenance and Updates

As you know, the digital world is ever-evolving. So, you must regularly update your e-wallet app with security patches, bug fixes, and adding new features. Additionally, ensure user feedback collection so necessary improvements can be adjusted. You should also plan for continuous improvement to stay competitive current changing digital landscape.

Essential Features of An Ewallet App Like LikeCard

Build an app like LikeCard with certain features so users can make payments quickly and conveniently. As per wallet app development services providers, by considering the following features, you can provide a seamless user experience while ensuring app success:

1. Sign In /Sign Up

Ensure an easy sign-in or sign-up process, offering multiple options for login and registration, such as email, phone number, or even social media.

2. Customer Support

Develop an Ewallet app like Payit that facilitates multiple customer support channels (email, chat, and phone) to resolve their queries.

3. Quick Fund Transfer

Ensure that your e-wallet app makes money transfer easy and faster. It must allow users to transfer money anytime and anywhere.

4. Add Accounts

Allow users to link single or multiple bank accounts to the e-wallet app if they have a mobile number registered with the accounts.

5. QR Code Support

It’’s a critical features for your app’s success. So, with the help of a banking app development services provider, integrate a QR code that scans for payments and receives money.

6. Bill Pay

Ensure that your LikeCard app for Android or iOS facilitates hassle-free bill payments for utilities, mobile recharges, and other similar transactions for a smoother user experience.

7. Security Features

Launch a LikeCard like Platform that guarantees security and safety. eWallet apps with high-security features such as transaction alerts and funds lock or unlock make it reliable.

8. Multilingual Support

Build an app like LikeCard that caters to a range of audiences by facilitating different language options so everyone can use your app without a language barrier.

9. Transaction History

Let’s users see about their transactions. With easy access to transaction history and digital receipts, users can see where they spend their money.

10. Budgeting Tools

Develop an app like Al Ansari Exchange that allows users to set budgets and track expenses, which will help them maintain their budgets accordingly.

How Much Does It Cost To Build an App Like LikeCard?

When it comes to the eWallet app development cost, different factors play a significant role. These factors include the complexity of the app’s features, design, chosen development platform, and more. On average, the cost to build an app like LikeCard ranges from $8000 to $28000. Based on the e-wallet app’s complexities, a breakdown of the cost to make a wallet app like LikeCard is mentioned in the table below:

Cost to Develop App Like LikeCard

If you want to develop eWallet app in minimum budget, consult with an app development company. Experts will help you make a budget so that your business goals with your app can be attained cost-effectively.

Know the Cost Of Maintaining an e-wallet App Like LikeCard

Once you launch your app, you must monitor it constantly so that users’ needs can be identified and addressed accordingly, ensuring an improved user experience. On average, the cost to maintain an app like LikeCard is 15 to 20% of the total LikeCard app development cost. For instance, if your LikeCard wallet app development costs $25000, its maintenance cost will be $5000 annually. Hence, ensure your app’s long-term functionality with experts’ help.

Wrapping Up!

The market stats depict that digital cards or mobile e-wallets are growing rapidly, so now is the best time for businesses to grab the opportunity and invest in e-wallet app development. It will not only increase your revenue but also extend your business. So what are you waiting for? Just go for it. If you need any help, collaborate with Dev Technosys. It’s an Android and iOS app development services provider that has created numerous ground-breaking e-wallet apps that solve complex problems and take businesses to new heights.

Frequently Asked Questions

1. How Much Does It Cost to Build an App Like LikeCard?

If you want to create an app like LikeCard, the cost could be $8000 to $28000. However, it depends on the features you want in your e-wallet app.

2. What Technologies Are Used To Build An App Like LikeCard?

The following technologies are used to develop an app like Taptap Send or LikeCard:

• Near-field communication for contactless payment
• Secure payment gateways
• Backend data processing system

3. How Long Does It Take To Build an App Like LikeCard?

The timeframe to build an ewallet app like LikeCard can vary due to different factors. A simple digital card takes 3 to 5 months to develop, while a feature-rich or complex application takes 10+ months.

4. Does a Mobile App Development Company Help In App Maintenance?

Yes, you can ask a mobile app development company to help you maintain your e-wallet app to keep users engaged.