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Showing posts from June, 2020

How much does it cost to build a Google Pay-like app for a startup?

In order to build a payment transferring app, one must need to be familiar with the basics. The  Google Pay app works  as a bridge that transfers money directly into the user’s account using the UPI method. UPI stands for the Unified Payment Interface that is an instant payment transfer system developed by the National payment corporation of India facilitating inter-bank transactions also in addition the UPI is regulated by the reserve bank of India. Starting a startup using the app idea of Google pay is great since Google Pay was one of the top fastest-growing digital products in the last quarter of 2017. If you are also thinking about developing an app like Google Pay and wondering about the cost and how to do it then let me walk you through the whole process and cost deciding key elements. Which companies can have benefited from your app like Google Pay Telecommunication Companies Transport and logistic companies Online e-commerce companies How does an app...