Secure, user-friendly Web3 wallets enable interaction with decentralized applications (DApps) on the blockchain. They act as a bridge connecting users with the decentralized web and empowering them to manage their digital assets.
Upgrade your payment process with custom digital wallet development services
Upgrade your payment process, ensure operational efficiency, and provide an enhanced customer experience with innovative, custom-built digital wallets. We create digital wallet apps for iOS, Android, and cross-platform needs, with seamless integration of features like NFC, QR code support, and biometric authentication.
Web3 Wallet
DeFi Wallet
In the expanding realm of Decentralized Finance (DeFi), we offer powerful DeFi eWallet app development services. These wallets facilitate the seamless execution of transactions, lending, borrowing, staking, and yield farming in various DeFi projects, all from one place.
NFT Wallet
Build an NFT wallet to help your customers store their non-fungible tokens securely and access NFT assets with ease. Non-Fungible Token (NFT) wallets ensure secure storage and effortless management of diverse NFT assets.
Web and Mobile Wallet
To deliver the perfect blend of convenience and functionality, we offer custom web and mobile wallet app development. These wallets ensure a seamless experience across devices, allowing users to securely make transactions, check balances, store various digital assets, and more.
Closed-Loop Wallet
A closed-loop wallet enables users to effortlessly make transactions within a specified ecosystem, such as a retail store chain or a mobile app, providing a seamless and convenient purchasing experience. The main advantage of closed-loop e Wallet app development is that it allows you to create a strong relationship with your end-users, which could lead to higher revenue over time.
Semi-Closed Wallet
Semi-closed e Wallet app development is well-suited for niche use cases and partnerships as it lets your end users store their payment information securely and use it to make payments at specific merchant locations or services only. The main advantage of this model is that your end-users can use it at any merchant in your network, and it allows you to manage the list of merchants and categories for which your end-users can make payments.
Open Wallet
Provide your customers with a wallet that can be used to perform all types of transactions. These types of wallets give users the flexibility to save various payment methods like credit/debit cards, thereby providing an extensive selection of payment options across a wide array of services and merchants.
Cryptocurrency Wallet
Cryptocurrency wallets enable customers to use cryptocurrencies for online payments, including sending and receiving crypto. The main advantage of this wallet type is that it allows you to expand your reach into new markets.
Cashback/Rewards Wallet
The cashback/rewards wallet is a feature-rich option that provides users with the distinct advantage of earning cashback on their purchases or accumulating points for loyalty rewards. This not only encourages spending but also cultivates long-term customer loyalty.
IoT Wallet
Enable your customers to use their devices to make payments, including smart home devices, smart cars, and wearables. The main advantage of this model is that it can help you generate more data about your customers and further improve customer experience.
AI-Powered Wallet
Build eWallet mobile apps that use machine learning and artificial intelligence to offer personalized recommendations, fraud prevention, and security alerts. The main advantage of this model is that it allows you to personalize the user experience, which could help improve conversion rates.
Mobile Wallet For Merchants
Build an eWallet solution designed specifically for your business. With a custom digital wallet for merchants, you can speed up transactions, enhance security measures, and improve user experience for your customers.
Mobile Wallet Integration
Elevate your app's capabilities through third-party API integration, enabling seamless access to popular digital wallets like Apple Pay, Google Play, Venmo, and more.
What is a digital wallet app or eWallet?
A digital wallet is an application that you can download to your mobile device and securely store your payment information. With tap-and-go technology, it allows users to store their credit, debit, and loyalty cards in one place and pay for goods and services. Such applications provide users with a seamless online shopping experience, allowing them to process payments with just a few taps on an app.
eWallet App is a gateway to a seamless, secure, and convenient digital payments experience. Adding funds is a breeze, just link your preferred bank account or cards and fill your eWallet. Making payments is simple too, whether it's scanning QR codes at physical stores or selecting from numerous merchants within the app.
Transferring funds between friends, family, or businesses is as effortless as a few swipes. Digital wallet app solutions also facilitate receiving funds. You can accept payments from others via app-based transfers or by sharing a unique QR code to be scanned for transactions. With easy transaction history access, you can keep an eye on your expenditure for smarter budgeting and financial management.
Drive growth with custom digital wallet solutions
Increased Revenue
Make swift and smooth operations the standard with mobile wallet solutions, driving customer satisfaction and in turn, increased revenue.
Better Customer Experience
Provide an agile, secure, and convenient payment solution to win your customer’s trust and loyalty.
Efficient Workflows
Streamline processes, save on transaction costs, and boost operation efficiency.
Customize your digital wallet according to your business needs
FinTech
In the world of FinTech, mobile wallets have revolutionized the way we manage our finances. They can store multiple debit/credit card details, transfer money between accounts, make bill payments, and even enable bankruptcy-protected savings features. Wallets like Venmo, Mobile payments app like Apple Pay or Google Wallet, among others, have introduced peer-to-peer payment systems, changing the landscape of financial transactions.
E-commerce
Mobile wallets have elevated the e-commerce shopping experience, providing a smooth check-out process with simplified payment options. They help reduce cart abandonment by offering a one-click payment solution that removes the need for repeated card detail entries. e Wallet development solutions also enable subscription-based payments, supporting the growth of recurrent revenue businesses.
Transportation and logistics
e Wallet software development plays a crucial role in transportation by allowing customers to prepay for tickets or services. Online wallet apps like Uber and Lyft have streamlined payment for rideshares, while wallets with integrated travel cards simplify payments for public transport. In logistics, they speed up payment transactions, ensuring faster deliveries.
Delivery
In the delivery industry, mobile payment apps ease the payment process for customers who prefer contactless delivery options. Wallets are used in food delivery apps, e-commerce product delivery, and the like, enabling customers to pay digitally — often with a single tap. They also provide an efficient solution for tipping delivery personnel.
Embrace a cashless future with eWallet app solutions like
Apple Pay or Google Pay
These digital wallets let you make secure purchases in stores, in apps, and on the web. Also, it is secure and private as the actual card numbers are neither stored on the device nor Apple servers. With tight integration with mobile devices and seamless UX, it is a great example of how a cashless future might look. Like Apple Pay or Google Pay, we aim to deliver a highly intuitive and user-friendly experience with your eWallet app, helping users access and navigate through various features effortlessly.
PayPal
A pioneering name in digital wallets, PayPal lets users take control of their money. Apart from online shopping, users can send money across borders, convert currencies, and even hold money. Just like PayPal, renowned for its secured transactions, we instill robust security features in your eWallet app. Our goal is to ensure that your customer's data is as safe as a vault.
Venmo
Venmo, owned by PayPal, offers a mix of digital wallet functionality and social networking. You can make or share payments with friends for dinner, concert tickets, rent, and more. Its ease and social twist make money transactions like chatting with friends, thereby changing our perceptions of cash exchanges. Inspired by the user-friendly interface of Venmo, we deliver simple yet stimulating user experiences. Our developers are experienced in creating apps with interactive interfaces that cater to a wide array of audiences.
Core eWallet components
User Panel
Admin Panel
Merchant Panel
Digital wallet app development features
Integrations we build
Comprehensive protection for the most critical data and processes
Industry Regulations & Compliance
eWallet apps adhere to the strictest financial industry standards and regulations, such as PCI DSS (Payment Card Industry Data Security Standard), GDPR (General Data Protection Regulation), AML (Anti-Money Laundering), and KYC (Know your customer) policies. Compliance with these regulations provides a strong foundation for eWallet apps to secure user data.
Fraud Risk Protection
eWallets use advanced algorithms and artificial intelligence to monitor and detect suspicious activity. They can block transactions from compromised devices or fake accounts, thereby reducing fraud risk. Features such as two-factor authentication, biometric authentication, push notification alerts, and dynamic risk scoring are employed to minimize fraud.
User Data Security
Sensitive user data such as personal details, card information, and transaction history are secured through robust measures. This includes secure data storage, robust access management, and regular security audits to identify and rectify potential vulnerabilities.
Encryption
This is a key aspect of eWallet app development solutions to ensure the security and privacy of the data. eWallets use robust encryption algorithms such as Secure Socket Layer (SSL) and Transport Layer Security (TLS) to encrypt data both at rest and in transit, ensuring that any data intercepted during transmission cannot be exploited.
Tech stack
Backend Tech
Frontend Tech
Mobile Tech
Infrastructure
Databases
Why hire ElifTech for digital wallet application development?
We understand that businesses need financial software solutions that can grow with them and adapt to changing needs. We know how to build solutions that resonate with customers across channels and devices—and we can help you do it too. Our fintech solutions software development company will provide technical expertise, project management skills, and creative input coupled with our experience in building industry-leading applications.
Respect Engineering Maturity
More than one-third of our software developers have 10+ years of top-notch commercial experience in the most demanding niches.
Encourage Lifelong Learning
ElifTech School and R&D programs keep our engineers up to date with the latest tech and ensure that their skills are at the top level.
Welcome Hands-on ML & AI Expertise
Our background in AI & ML enables us to implement viable digital transformation models to improve your company's processes.
Believe in The Power of R&D
Our In-house Research & Development Department determines profitable solutions for you, supporting each move with empirical evidence.