How much does development cost for a banking app?

Mobile banking development isn’t the same as it was just a few years ago. Statistics reflect people’s appreciation for the convenience of mobile banking: according to Citi, 91% of users prefer using apps rather than visiting a branch, and 68% of Millennials think their smartphone could replace their physical wallet.

AppClues Infotech is one of the most trusted Banking App Development Company. when it comes to building applications for the Banking & Finance industry. Right from creating the UI/UX design to building the entire back-end system, AppClues Infotech has the expertise in building the perfect financial solution for your business.

Banking App Features the purpose behind your app, and the features you plan on including, will play a major role in determining the cost of developing it. Some of the most common types of fintech apps include:

• Banking apps used for account management, money transfers, bill payments and more
• Lending apps
• Stock trading apps
• Payments apps, such as apps for processing credit card payments
• Personal finance apps, such as expense tracking apps
• Cryptocurrency apps

Our World-Class Solutions for Banking Industry:

1. Digital Transformation: Our solutions can streamline and optimize information and statistics, and allow it to be centrally accessible. This will allow the workforce to access work round the clock from any location. Our solutions will increase employee productivity and provide useful insights.

2. Simplification: Our result-oriented products will disentangle your business and operating models. We will assess the current status and implement the required changes to simplify the overall process. Enhanced Know Your Customer solutions and refining your IT processes would be one of the major core areas we will concentrate on.

3. Payment Solutions: We excel in providing complete payment solutions and related support services. Right from system integration to application development and maintenance, our full-fledged team of experts will overhaul the payment systems and refine them.

4. Mobility Solutions: Our mobility solutions will boost Customer Relationship Management. Customer engagement will be increased by analyzing customer usage patterns, design services, cross-service platforms, and assistance in digital purchasing processes.

Now We Come to the question that how much does it cost to develop a baking app? Not only the banking app but any app development cost depends on the app's features and requirements, but our estimated banking app development cost will be between $5,000 to $1,50,000.