{"id":11332,"date":"2024-12-06T18:58:57","date_gmt":"2024-12-06T13:28:57","guid":{"rendered":"https:\/\/devtechnosys.ae\/blog\/?p=11332"},"modified":"2024-12-06T18:58:57","modified_gmt":"2024-12-06T13:28:57","slug":"develop-an-app-like-remitly","status":"publish","type":"post","link":"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/","title":{"rendered":"How to Develop an App Like Remitly?"},"content":{"rendered":"<p style=\"text-align: justify;\">Considering the present scenario, money management is an important task for everyone. So, to facilitate this businesses have invested their own money to develop an app like Remitly which is a single solution for all your capital issues.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#What_is_Remitly\" >What is Remitly?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#How_Does_Remitly_Work\" >How Does Remitly Work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_User_Registration\" >1. User Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_Link_Bank_Account\" >2. Link Bank Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_Set_Authentication\" >3. Set Authentication<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_Add_Contacts\" >4. Add Contacts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#5_Tap_For_Payment\" >5. Tap For Payment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#6_Send_Money\" >6. Send Money<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#Market_Stats_of_the_Finance_Industry\" >Market Stats of the Finance Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#Necessary_Features_of_a_Financial_App_Like_Remitly\" >Necessary Features of a Financial App Like Remitly<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_Seamless_Money_Transfers\" >1. Seamless Money Transfers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_Real-Time_Tracking\" >2. Real-Time Tracking<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_Multiple_Payment_Methods\" >3. Multiple Payment Methods<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_Competitive_Exchange_Rates\" >4. Competitive Exchange Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#5_Secure_Transactions\" >5. Secure Transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#6_Transparent_Fees\" >6. Transparent Fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#7_Excellent_Customer_Support\" >7. Excellent Customer Support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#8_User-Friendly_Interface\" >8. User-Friendly Interface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#9_Multiple_Currency_Support\" >9. Multiple Currency Support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#10_CashBank_Deposit_Options\" >10. Cash\/Bank Deposit Options<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#5_Leading_App_Alternatives_of_Remitly\" >5 Leading App Alternatives of Remitly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#How_to_Develop_an_App_Like_Remitly\" >How to Develop an App Like Remitly?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_Do_Fundamental_Research\" >1. Do Fundamental Research<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_Hire_Development_Company\" >2. Hire Development Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_UIUX_Interface_Design\" >3. UI\/UX Interface Design<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_Implement_Backend_Services\" >4. Implement Backend Services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#5_Testing_and_Security\" >5. Testing and Security<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#6_App_Launching\" >6. App Launching<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#7_Maintenance_and_Updates\" >7. Maintenance and Updates<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_Major_Advantages_of_Remitly_Mobile_App_Development\" >4 Major Advantages of Remitly Mobile App Development<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_Brand_Marketing\" >1. Brand Marketing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_Generate_High_Revenue\" >2. Generate High Revenue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_Use_Customers_Data\" >3. Use Customers\u2019 Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_Polarize_Assets\" >4. Polarize Assets<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#How_to_Earn_Money_From_an_App_Like_Remitly\" >How to Earn Money From an App Like Remitly?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_Use_Ad_Outsourcing\" >1. Use Ad Outsourcing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_Monetize_User_Data\" >2. Monetize User Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_Offer_Premium_Services\" >3. Offer Premium Services<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#What_is_The_Cost_to_Develop_an_App_Like_Remitly\" >What is The Cost to Develop an App Like Remitly?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_App_Features\" >1. App Features<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_Demographics\" >2. Demographics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_Development_Platform\" >3. Development Platform<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_Technical_Stack\" >4. Technical Stack<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#Winding_Up_The_Blog\" >Winding Up The Blog!!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#1_What_is_a_Remitly_App\" >1. What is a Remitly App?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#2_What_is_the_Cost_to_Develop_an_App_Like_Remitly\" >2. What is the Cost to Develop an App Like Remitly?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#3_How_to_Reduce_the_Remitly_App_Development_Cost\" >3. How to Reduce the Remitly App Development Cost?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#4_How_Businesses_Can_Benefit_From_Remitly_App_Development\" >4. How Businesses Can Benefit From Remitly App Development?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#5_How_to_Monetize_a_Remitly_Mobile_App\" >5. How to Monetize a Remitly Mobile App?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-remitly\/#6_What_Solutions_Does_Dev_Technosys_Provide_to_Develop_an_App_Like_Remitly\" >6. What Solutions Does Dev Technosys Provide to Develop an App Like Remitly?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p style=\"text-align: justify;\">Additionally, they also have tried to resolve the matter of security regarding the safeguarding of money. So, if you also want to make a money management platform just like the Remitly app then you must go through this blog to get good insights.<\/p>\n<p style=\"text-align: justify;\">Through this blog, we will first understand the working and market stats of the finance industry. Then, we will move on to features, development steps, advantages, monetization, and development costs. So, let\u2019s start our journey!<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"What_is_Remitly\"><\/span><strong>What is Remitly?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Before understanding it&#8217;s working, we have to know the meaning and motive of this app. It is a money management and transferring mobile app. This mobile app is connected with thousands of banks in more than 170 countries worldwide. Additionally, it offers 15+ languages to reduce user efforts.<\/p>\n<p style=\"text-align: justify;\">So, it is a golden opportunity for industrialists to invest in <a href=\"https:\/\/devtechnosys.ae\/business-apps-development\"><strong>business app development<\/strong><\/a> services to develop an app like Remitly. Additionally, they can provide other solutions like loan offerings, e-wallet features, and loyalty rewards to users for targeting their interests thus leading to revenue generation. Let us first find out how a Remitly app works.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"How_Does_Remitly_Work\"><\/span><strong>How Does Remitly Work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">For business investors, it is quite necessary to know the working steps before starting the process to develop an app like Remitly. Below are the major working steps discussed:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11334\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-Does-Remitly-Work.jpg\" alt=\"How Does Remitly Work\" width=\"1000\" height=\"500\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-Does-Remitly-Work.jpg 1000w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-Does-Remitly-Work-300x150.jpg 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-Does-Remitly-Work-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_User_Registration\"><\/span><strong>1. User Registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">First users have to make an account and register themselves on the mobile app. So, this is quite beneficial for businesses to build an app like Remitly that has an easy and fast registration process to reduce their efforts.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Link_Bank_Account\"><\/span><strong>2. Link Bank Account<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">After account registration, users can now link their bank accounts with the mobile app. Additionally, it may require details like account number, bank code, and account holder name for verification. So, you can also invest in <a href=\"https:\/\/devtechnosys.ae\/banking-finance-software-development\"><strong>banking software development services<\/strong><\/a> to make a similar mobile app.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_Set_Authentication\"><\/span><strong>3. Set Authentication<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Next, they can set a required password which they have to put in every time while making different transactions and payments. So, to develop an app like Remitly for android platforms, you need to implement unbreakable authentication services.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"4_Add_Contacts\"><\/span><strong>4. Add Contacts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Adding contacts is the secondary part that allows users to select preferred people for money transfers. So, business investors can invest in <a href=\"https:\/\/devtechnosys.ae\/hybrid-app-development\"><strong>hybrid mobile app development services<\/strong><\/a> to offer users a facility to add and remove contacts from the database.<\/p>\n<p>&nbsp;<\/p>\n<p><a title=\"+91-9983263662\" href=\"https:\/\/wa.me\/919983263662?text=hello devtechnosys\" target=\"_blank\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10740\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/connect-on-whatsapp.png\" alt=\"connect on whatsapp\" width=\"1500\" height=\"215\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/connect-on-whatsapp.png 1500w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/connect-on-whatsapp-300x43.png 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/connect-on-whatsapp-1024x147.png 1024w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/connect-on-whatsapp-768x110.png 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"5_Tap_For_Payment\"><\/span><strong>5. Tap For Payment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">A Remitly online banking app allows users to easily select a contact after synchronization for doing the payment. Additionally, they have to enter the required amount. Finally, by entering the authentication code, users can easily pay to others.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"6_Send_Money\"><\/span><strong>6. Send Money<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Now, users can easily send money to their family and friends after choosing the right contact. Additionally, they can send money to bank accounts as well. So, businesses can make use of this opportunity and <a href=\"https:\/\/devtechnosys.ae\/blog\/develop-an-app-like-halan\/\"><strong>develop an app like Halan <\/strong><\/a>that offers users a range of payment options.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Market_Stats_of_the_Finance_Industry\"><\/span><strong>Market Stats of the Finance Industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"text-align: justify;\">\n<li>In 2024, the projected Net Interest Income in the Banking market of the United Arab Emirates is expected to reach $28.21 Billion.<\/li>\n<li>Digital Banks are set to dominate this market segment, with a projected market volume of $25.35 Billion in the same year.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11338\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Market-Stats-of-the-Finance-Industry.png\" alt=\"Market Stats of the Finance Industry\" width=\"628\" height=\"396\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Market-Stats-of-the-Finance-Industry.png 628w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Market-Stats-of-the-Finance-Industry-300x189.png 300w\" sizes=\"auto, (max-width: 628px) 100vw, 628px\" \/><\/p>\n<p>&nbsp;<\/p>\n<ul style=\"text-align: justify;\">\n<li>In the upcoming year of 2029, the Net Interest Income is forecasted to exhibit an annual growth rate of 4.26%, resulting in a market volume of $34.76 Billion.<\/li>\n<li>In Saudi Arabia, the Banking market is expected to witness a significant increase in Net Interest Income, reaching $51.97 Billion by the year 2024.<\/li>\n<li>Looking ahead, the Net Interest Income is anticipated to exhibit a steady annual growth rate of 4.54%, resulting in a market volume of $64.90 Billion by the year 2029.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Necessary_Features_of_a_Financial_App_Like_Remitly\"><\/span><strong>Necessary Features of a Financial App Like Remitly<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Recognizing the mobile app features is very important to easily develop an app like Remitly. So, in this section, we will learn major financial app features that may help businesses:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11339\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Necessary-Features-of-a-Financial-App-Like-Remitly.jpg\" alt=\"Necessary Features of a Financial App Like Remitly\" width=\"1000\" height=\"500\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Necessary-Features-of-a-Financial-App-Like-Remitly.jpg 1000w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Necessary-Features-of-a-Financial-App-Like-Remitly-300x150.jpg 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Necessary-Features-of-a-Financial-App-Like-Remitly-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_Seamless_Money_Transfers\"><\/span><strong>1. Seamless Money Transfers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Through a Remitly app for banking, users can easily send and transfer money to different people. Additionally, they can send money to contacts, bank accounts, and QR codes.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Real-Time_Tracking\"><\/span><strong>2. Real-Time Tracking<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Users can check their payment status regularly and track delivery orders. Additionally, they can also report by using the ticket facility in case of incomplete and unprocessed payment.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_Multiple_Payment_Methods\"><\/span><strong>3. Multiple Payment Methods<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">By investing money to <a href=\"https:\/\/devtechnosys.ae\/blog\/build-an-app-like-monzo\/\"><strong>build an app like Monzo<\/strong><\/a>, you can offer your users a facility to use multiple payment methods. This may include UPI, Net Banking, Credit Cards, and NEFT.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"4_Competitive_Exchange_Rates\"><\/span><strong>4. Competitive Exchange Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">A mobile bank app like Remitly offers users a facility to easily exchange different items in accordance with their fixed amount. Additionally, they can use differential algorithms for money management.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"5_Secure_Transactions\"><\/span><strong>5. Secure Transactions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Money management apps allow secure and safe transactions of money. Additionally, it uses a two-way authentication process before making a payment to anyone.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"6_Transparent_Fees\"><\/span><strong>6. Transparent Fees<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">The platform fees are quite transparent and fair for users. Additionally, it is negotiable in most cases based on the transaction history of users and their outstanding amount.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"7_Excellent_Customer_Support\"><\/span><strong>7. Excellent Customer Support<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">These apps provide satisfactory and complementary customer support to users. So, they can easily resolve their issues regarding various payments, transactions, and account statements.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"8_User-Friendly_Interface\"><\/span><strong>8. User-Friendly Interface<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">For businesses, it is beneficial to <a href=\"https:\/\/devtechnosys.ae\/blog\/build-an-app-like-snb-mobile\/\"><strong>build an app like SNB Mobile <\/strong><\/a>that offers an interactive user-friendly interface. Additionally, this also displays the account statement with a graphical representation.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"9_Multiple_Currency_Support\"><\/span><strong>9. Multiple Currency Support<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Customers can transfer money to people in different countries. So, they have to convert the currency to send money efficiently. Additionally, there are no extra fees charged.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"10_CashBank_Deposit_Options\"><\/span><strong>10. Cash\/Bank Deposit Options<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">People can easily deposit and withdraw money from their digital wallet. A Remitly app for Dubai people is a good example of this feature as it provides integrated accounts with e-wallet services.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"5_Leading_App_Alternatives_of_Remitly\"><\/span><strong>5 Leading App Alternatives of Remitly<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Observing business models is crucial for business investors to develop an app like Remitly for future growth. Let us see the top 5 app alternatives of Remitlty:<\/p>\n<p>&nbsp;<\/p>\n<table style=\"height: 420px;\" width=\"1082\">\n<thead>\n<tr>\n<td width=\"154\">\n<p style=\"text-align: center;\"><strong>Top 5 Remitly App Alternatives<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"156\"><strong>Supported Devices<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"156\"><strong>Downloads<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"156\"><strong>Ratings<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"154\">Xe Money Transfer &amp; Converter<\/td>\n<td style=\"text-align: center;\" width=\"156\">Android|iOS<\/td>\n<td style=\"text-align: center;\" width=\"156\">10M+<\/td>\n<td width=\"156\">\n<p style=\"text-align: center;\">4.7<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"154\">\n<p style=\"text-align: center;\">Al Rajhi Bank<\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"156\">Android|iOS<\/td>\n<td style=\"text-align: center;\" width=\"156\">10M+<\/td>\n<td style=\"text-align: center;\" width=\"156\">4.5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"154\">Taptap Send<\/td>\n<td style=\"text-align: center;\" width=\"156\">Android|iOS<\/td>\n<td style=\"text-align: center;\" width=\"156\">5M+<\/td>\n<td width=\"156\">\n<p style=\"text-align: center;\">4.7<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"154\">\n<p style=\"text-align: center;\">Monzo Bank<\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"156\">Android|iOS<\/td>\n<td style=\"text-align: center;\" width=\"156\">5M+<\/td>\n<td style=\"text-align: center;\" width=\"156\">4.6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"154\">LuLu Money<\/td>\n<td style=\"text-align: center;\" width=\"156\">Android|iOS<\/td>\n<td style=\"text-align: center;\" width=\"156\">1M+<\/td>\n<td width=\"156\">\n<p style=\"text-align: center;\">4.6<\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Develop_an_App_Like_Remitly\"><\/span><strong style=\"text-align: justify;\">How to Develop an App Like Remitly?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">This is quite mandatory for businesses to know the steps to develop an app like Remitly to manage development resources timely. Here, we have discussed the generalized process for app development:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11335\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Develop-an-App-Like-Remitly.jpg\" alt=\"How to Develop an App Like Remitly\" width=\"1000\" height=\"500\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Develop-an-App-Like-Remitly.jpg 1000w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Develop-an-App-Like-Remitly-300x150.jpg 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Develop-an-App-Like-Remitly-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_Do_Fundamental_Research\"><\/span><strong>1. Do Fundamental Research<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Business investors first have to do thorough research to start the mobile app development process. Additionally, they have to make a plan to identify necessary features and development tools.<\/p>\n<p style=\"text-align: justify;\"><strong>\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">It is also important to contact a suitable <a href=\"https:\/\/devtechnosys.ae\/banking-finance-software-development\"><strong>banking app development company <\/strong><\/a>to create a money transfer mobile app. So, doing fundamental studies is vital for professional business experts.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Hire_Development_Company\"><\/span><strong>2. Hire Development Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">The next step is to hire a renowned and experienced Remitly app development Company and give them a mobile app development contract. So, for businesses, it is a must to follow a precise method of hiring a development partner. First, they should analyze the previous works. Additionally, conducting a technical interview is the major task to refine the best out of many.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_UIUX_Interface_Design\"><\/span><strong>3. UI\/UX Interface Design<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">After choosing the right development partner, you can move on to design your mobile app interface by using different front-end tools. Additionally, for automated designing, you can choose multiple themes with responsive displays.<\/p>\n<p style=\"text-align: justify;\">So, instead, you can also connect with a <a href=\"https:\/\/devtechnosys.ae\/fullstack-development\"><strong>full stack development company <\/strong><\/a>to learn about the different services you can provide to users through an interactive interface.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"4_Implement_Backend_Services\"><\/span><strong>4. Implement Backend Services<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Without a supportive backend infrastructure, you cannot provide server-end services to your users. So, if you are investing money to make an app like Remitly then it is mandatory to include API services and a database model. Both these services offer an end-to-end solution to users to get real-time updates and store their information safely and privately.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"5_Testing_and_Security\"><\/span><strong>5. Testing and Security<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Mobile app testing is quite necessary after implementing all services into a finance mobile platform. Additionally, providing app security is a must for businesses to assure users a safe and better place to keep their money.<\/p>\n<p style=\"text-align: justify;\">So, you can go for <a href=\"https:\/\/devtechnosys.ae\/ewallet-app-development\"><strong>digital wallet app development <\/strong><\/a>services that can provide quality tools for both processes at affordable rates.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"6_App_Launching\"><\/span><strong>6. App Launching<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">This is the most important development step from investors\u2019 point of view. Before the app launches you need to know the Remitly mobile app development cost. So, that you can easily save funds for launching a mobile app for your users.<\/p>\n<p style=\"text-align: justify;\">This is called automated marketing from which you can target two aspects which are cost efficiency and an increase in user engagement.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"7_Maintenance_and_Updates\"><\/span><strong>7. Maintenance and Updates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Once, you have launched your mobile app then you need to provide regular maintenance and updates to your financial and banking platform. So, the only investment of money for Remitly app development is not enough to increase user experience.<\/p>\n<p style=\"text-align: justify;\">Additionally, time management is also important in choosing the right <a href=\"https:\/\/devtechnosys.ae\/android-app-development\"><strong>android app development services <\/strong><\/a>provider for continuous app support.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"4_Major_Advantages_of_Remitly_Mobile_App_Development\"><\/span><strong>4 Major Advantages of Remitly Mobile App Development<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">There are a lot of different advantages of investing money to develop an app like Remitly. So, it is significant to know them for businesses. They are discussed below:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11337\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Major-Advantages-of-Remitly-Mobile-App-Development.jpg\" alt=\"Major Advantages of Remitly Mobile App Development\" width=\"1000\" height=\"500\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Major-Advantages-of-Remitly-Mobile-App-Development.jpg 1000w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Major-Advantages-of-Remitly-Mobile-App-Development-300x150.jpg 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/Major-Advantages-of-Remitly-Mobile-App-Development-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_Brand_Marketing\"><\/span><strong>1. Brand Marketing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Investing money in a <a href=\"https:\/\/devtechnosys.ae\/banking-finance-software-development\"><strong>banking website development company <\/strong><\/a>to build a financing web app can offer you global branding services. As websites are more readily available on the internet than mobile apps. So, you can also make a plan to deploy a website for your business to make it popular across the globe.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Generate_High_Revenue\"><\/span><strong>2. Generate High Revenue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Businesses can make professional growth by developing the Remitly app for international banking. Additionally, they can also generate unmatched revenue. So, that their business can offer commanding services to the users, and in return they can get an increment in brand value and business funding.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_Use_Customers_Data\"><\/span><strong>3. Use Customers\u2019 Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Users coming to such mobile apps register their accounts and link their bank before using the app. So, you can easily use their data to earn profit and make their experience better. Additionally, you can approach an <a href=\"https:\/\/devtechnosys.ae\/ios-app-development\"><strong>iOS app development <\/strong><\/a>and find the cost to build an app like Remitly with high data security.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"4_Polarize_Assets\"><\/span><strong>4. Polarize Assets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">It is good to develop an app like Remitly for iOS platforms to make the industrial trend favorable. Additionally, the development of similar apps for the finance industry allows businesses to use available assets to make a unique business pattern that can benefit them in different ways.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"How_to_Earn_Money_From_an_App_Like_Remitly\"><\/span><strong>How to Earn Money From an App Like Remitly?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">To develop an app like Remitly and balance the expenses, you need to monetize your mobile app and generate revenue. The important monetary methods are explained in this section:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11336\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Earn-Money-From-an-App-Like-Remitly.jpg\" alt=\"How to Earn Money From an App Like Remitly\" width=\"1000\" height=\"500\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Earn-Money-From-an-App-Like-Remitly.jpg 1000w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Earn-Money-From-an-App-Like-Remitly-300x150.jpg 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/How-to-Earn-Money-From-an-App-Like-Remitly-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_Use_Ad_Outsourcing\"><\/span><strong>1. Use Ad Outsourcing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">For business investors, it is important to implement ad services to start generating revenue for industrial growth. Additionally, you can also manage the cost to develop an<a href=\"https:\/\/devtechnosys.ae\/blog\/cost-to-develop-an-app-like-al-rajhi-bank\/\"><strong> app like Al Rajhi Bank <\/strong><\/a>through the execution of this revenue model on your mobile app.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Monetize_User_Data\"><\/span><strong>2. Monetize User Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">After investing money to create an app like Remitly you can use customers\u2019 data to monetize and earn profit from them. Additionally, you can make your bond strong with your users by increasing their app experience. So, you can easily generate a high-profit revenue from this.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_Offer_Premium_Services\"><\/span><strong>3. Offer Premium Services<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">By offering premium services like loan approvals, e-wallet features, and money conversion algorithms to users, you can make a huge profit. So, you can <a href=\"https:\/\/devtechnosys.ae\/dedicated-developers\"><strong>hire dedicated developers <\/strong><\/a>from a renowned custom app development company to integrate these services in your banking mobile app.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"What_is_The_Cost_to_Develop_an_App_Like_Remitly\"><\/span><strong>What is The Cost to Develop an App Like Remitly?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">In the process to develop an app like Remitly, knowing the app development cost is very important for business investors. There are a lot of different factors responsible for influencing the price of building a mobile app. So, this is necessary to discuss them in detail and know the estimated cost.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11340\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/What-is-The-Cost-to-Develop-an-App-Like-Remitly.jpg\" alt=\"What is The Cost to Develop an App Like Remitly\" width=\"1000\" height=\"500\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/What-is-The-Cost-to-Develop-an-App-Like-Remitly.jpg 1000w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/What-is-The-Cost-to-Develop-an-App-Like-Remitly-300x150.jpg 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2024\/12\/What-is-The-Cost-to-Develop-an-App-Like-Remitly-768x384.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_App_Features\"><\/span><strong>1. App Features<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">The cost to develop an app like Remitly is dependent on mobile app features. Including fewer features does not raise your development cost. But, adding extra functionalities may result in an increment in the app building price. So, you need to prioritize your app features to match your budget preferences.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Demographics\"><\/span><strong>2. Demographics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">This is the most common factor that is highly responsible to fluctuate the <a href=\"https:\/\/devtechnosys.ae\/blog\/cost-to-build-a-banking-app-in-uae\/\"><strong>cost to build a banking app in the UAE<\/strong><\/a>. So, if you want to hire a development company from a Western country like the USA then you have to pay more money than hiring a company from an Eastern nation like India.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_Development_Platform\"><\/span><strong>3. Development Platform<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Making use of different development platforms is also a factor that determines the Remitly app development cost. Only using android services cannot affect the cost. But, the implementation of mobile apps on iOS and hybrid platforms can influence the development cost and can leave an adverse impact.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"4_Technical_Stack\"><\/span><strong>4. Technical Stack<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Using different development tools can make your app development cost more inefficient. So, you need to contact a <a href=\"https:\/\/devtechnosys.ae\/mobile-app-development\"><strong>mobile app development company <\/strong><\/a>to consult various tools and technologies. Additionally, it is also very important to make use of customized tools to reduce the development cost.<\/p>\n<p style=\"text-align: justify;\">Below is a table showing the estimated cost which is <strong>$8000-$14000<\/strong> for building a simple app. Additionally, it may increase to $25000 with additional complexities. You can discuss the exact cost with a reputed app development company.<\/p>\n<p>&nbsp;<\/p>\n<p><a title=\"+91-9983263662\" href=\"https:\/\/wa.me\/919983263662?text=hello devtechnosys\" target=\"_blank\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10739\" src=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/chat-with-our-experts-on-whatsapp.png\" alt=\"chat with our experts on whatsapp\" width=\"1500\" height=\"215\" srcset=\"https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/chat-with-our-experts-on-whatsapp.png 1500w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/chat-with-our-experts-on-whatsapp-300x43.png 300w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/chat-with-our-experts-on-whatsapp-1024x147.png 1024w, https:\/\/devtechnosys.ae\/blog\/wp-content\/uploads\/2022\/02\/chat-with-our-experts-on-whatsapp-768x110.png 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<table width=\"624\">\n<thead>\n<tr>\n<td width=\"208\">\n<p style=\"text-align: center;\"><strong>App Structure<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"208\"><strong>Development Time<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"208\"><strong>Estimated Cost<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"208\">Simple<\/td>\n<td style=\"text-align: center;\" width=\"208\">5-8 months<\/td>\n<td width=\"208\">\n<p style=\"text-align: center;\">$8000-$14000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"208\">\n<p style=\"text-align: center;\">Moderate<\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"208\">8-12 months<\/td>\n<td style=\"text-align: center;\" width=\"208\">$14000-$20000<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"208\">Complex<\/td>\n<td style=\"text-align: center;\" width=\"208\">More than 12 months<\/td>\n<td width=\"208\">\n<p style=\"text-align: center;\">$20000-$25000<\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Winding_Up_The_Blog\"><\/span><strong style=\"text-align: justify;\">Winding Up The Blog!!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">To satisfy people\u2019s needs and to provide them with a scholastic money management solution, it is beneficial to start investing money to develop an app like Remitly. So, that you can take your brand to good heights, earn a huge profit, and stand among other industry professionals.<\/p>\n<p style=\"text-align: justify;\">Additionally, this is a must to approach a <a href=\"https:\/\/devtechnosys.ae\/banking-finance-software-development\"><strong>banking app development company in the UAE <\/strong><\/a>to use affordable services for mobile app-building. For this, you need to perform time management and gather resources to facilitate developers. By managing all these tasks you can pave a profitable path for your business that can give tough competition to others.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_What_is_a_Remitly_App\"><\/span><strong>1. What is a Remitly App?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>This mobile app allows people to transfer money.<\/li>\n<li>Additionally, it offers a variety of financing solutions.<\/li>\n<li>It is connected with 170+ countries and involves 15 languages.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_What_is_the_Cost_to_Develop_an_App_Like_Remitly\"><\/span><strong>2. What is the Cost to Develop an App Like Remitly?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>The cost is a dependable factor that majorly relies on app complexity.<\/li>\n<li>For building a simple app you need to invest between $8,000-$14,000.<\/li>\n<li>But, it could increase to $25,000 due to additional features.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_to_Reduce_the_Remitly_App_Development_Cost\"><\/span><strong>3. How to Reduce the Remitly App Development Cost?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>Make a prototype to identify necessary features.<\/li>\n<li>List temporary assets to reduce cost.<\/li>\n<li>Use modernized tools to decrease the maintenance cost.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_Businesses_Can_Benefit_From_Remitly_App_Development\"><\/span><strong>4. How Businesses Can Benefit From Remitly App Development?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>You can target audiences in large numbers.<\/li>\n<li>Generate a high revenue profit.<\/li>\n<li>Make a global brand with existing marketing strategies.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_How_to_Monetize_a_Remitly_Mobile_App\"><\/span><strong>5. How to Monetize a Remitly Mobile App?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>Allow users to avail of premium services.<\/li>\n<li>Use customers\u2019 data to earn profitable revenue.<\/li>\n<li>Run ad services to increase platform engagement and business capital.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_What_Solutions_Does_Dev_Technosys_Provide_to_Develop_an_App_Like_Remitly\"><\/span><strong>6. What Solutions Does Dev Technosys Provide to Develop an App Like Remitly?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Dev Technosys is an experienced finance mobile app development company.<\/p>\n<ul>\n<li style=\"text-align: justify;\">Potentially capable of using modern technologies.<\/li>\n<li style=\"text-align: justify;\">Provide highly skilled and dedicated developers.<\/li>\n<li style=\"text-align: justify;\">Available for continuous technical and maintenance support.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Considering the present scenario, money management is an important task for everyone. So, to facilitate this businesses have invested their own money to develop an app like Remitly which is a single solution for all your capital issues. Additionally, they also have tried to resolve the matter of security regarding the safeguarding of money. So, if you also want to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":11333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[535,1471],"tags":[2346,2347,2348,2349],"class_list":["post-11332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ewallet-app-development","category-banking-app-development-company","tag-build-an-app-like-remitly-app","tag-make-an-app-like-remitly-app","tag-remitly-app-development-cost","tag-remitly-app-for-uae"],"acf":[],"_links":{"self":[{"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/posts\/11332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/comments?post=11332"}],"version-history":[{"count":3,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/posts\/11332\/revisions"}],"predecessor-version":[{"id":11343,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/posts\/11332\/revisions\/11343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/media\/11333"}],"wp:attachment":[{"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/media?parent=11332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/categories?post=11332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/devtechnosys.ae\/blog\/wp-json\/wp\/v2\/tags?post=11332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}