How Much Does It Cost To Develop An App Like PhonePe?

Overview of PhonePe

Nowadays, mobile payment apps in the Google play stores and app stores with user-friendly and advanced features making people pay through digital cash. One of the most popular digital payment applications is PhonePe, especially in the modern generation.

PhonePe started its journey with a payment sending portal that allows people to transfer money online. Today it is one of the largest mobile apps used for money transfer, ticket booking services, mobile/Dish recharge, current bill payment, online shopping, offers and deals. The availability of different services on the same platform is an open secret to its popularity.

The app was developed to make it easy for users with the function and came with many rewards to attract users to manage payments. One can register with a mobile number which is linked to a bank account and create an account with a UPI ID and 4 or 6-digit MPIN.

UPI transactions from popular payment applications such as PhonePe, Paytm, BHIM, GooglePay, and other Bank UPIs in 2019 have increased by 884% from 2018.

According t.o reports in 2019, Walmart-owned PhonePe app saw 857.22 % growth in 2019, followed by Paytm at 827.68% and Google Pay at 337.73% in 2019.

Although PhonePe is listed as one of the best and largest currency trading apps in the coming years, top mobile app development companies in Hyderabad, Bangalore, Kolkatta, etc. are planning to create more personalized mobile payment apps like PhonePe. On the other side, many business owners are curious to know about the development cost of a mobile wallet app like a PhonePe.

That’s the reason, today, in this blog, we will be discussing the essential features of PhonePe clone app and how much does it cost to build an app like PhonePe.

Key Features That Affect the Cost of a PhonePe Like App Development

The development cost of PhonePe clone application script or any online payment app is estimated based on the following essential and advanced features. Creating simple apps like Paytm, Google pay, Paypal, PhonePe is not simple and easy as people think. It takes a lot of planning, time, effort and of course, money.

Well, have a glimpse at the key features:

  • Account Registration with mobile number
  • OTP Confirmation
  • Authorizing Bank account
  • User account
  • Adding money from the bank
  • Send and Receive money
  • Push Notifications
  • Recharge mobile numbers
  • Pay power, grocery, shopping bills
  • Refer and Earn
  • Rewards and coupons
  • Cashback rewards

PhonePe wallet admin panel

  • Attractive Dashboard
  • Data synchronization
  • QR code
  • Manage the contacts
  • Managing offers
  • Booking calendar
  • Add/block features
  • Wearable integration
  • Cloud operations

Major Factors That Determine the PhonePe APP Development Cost

Making a mobile wallet app comes under a number of requirements and factors from users’ perspective. The actual price of PhonePe like application development will depend on the following major components:

  • App platform (Windows, iOS, or Android):

The cost of mobile payment app similar to PhonePe is majorly varying on the mobile device chosen to run the payment app, and the cost will vary or charge more if we run it on both cross platforms like iOS and Android.

You know? An android application costs less amount compared to iPhone app as iPhone device has many testing methods and takes much time and effort.

  • App Features & App Size

The cost of creating a PhonePe clone app depends on the number of basic and advanced features developed in the mobile or web app. While integrating more features and functionalities of the mobile wallet app, it requires more size as the development cost varies over the size of the app.

  • App Developers:

The development cost of PhonePe like app also depends on the developer team size, app developers’ geographic location, project manager and developer team size and their experience and skills.

  • User Interface

The cost of hybrid or native app development, such as PhonePe varies depending on the type of UX/UI designs and patterns selected to design. User friendly, eye catchy and pleasant UI/UX designs support user engagement.

More attractive user interface will obviously come at a high cost and takes much time where you should invest more money.

  • Technology applied

Today e-wallet payment apps come with sophisticated and secure features to attract and protect user data from competing hackers. The mobile app development cost of PhonePe also depends on the type of latest technologies such as blockchain and cloud technologies implemented in the mobile or web application.

So, How Much Does It Cost To Develop An App Like PhonePe?

Ohhh well, there is no particular figure and cost calculator to tell about the phonpe clone app development cost. As mentioned above, the cost to create an app is completely based on the implementing features and factors and the app developers’ team size and experience. No best software development company will give a perfect figure for the price.

Bottom Line:

I hope you are excited and got an idea about the app development process and cost to build an app like PhonePe. If you still have any doubts regarding the functions, features, and development costs, please contact us.

We, FuGenx Technologies are the best Payment App and Mobile Wallet App Development Company India, USA and Europe. We have come up with sophisticated strategies to develop high performance mobile apps that can meet the requirements of their customers.

So, why don’t you hire mobile app developers from us who offer great experience, skills and professionalism in developing payment apps like PhonePe.

To get an instant quote for PhonePe like app, please feel free to reach us at

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FuGenX Technologies is a leading mobile app and game development company in India, delivering quality-driven mobility services across the world. We have been crowned with many global technology awards, including the Deloitte Technology Fast 500 Asia Pacific & Fast 50 India, for pioneering high-quality products and ideas in the mobile space.