With the expanding demand for having finance at the fingertips, a Fintech App builder is the need of the hour which can provide industry-specific services by providing customised financial apps for different domains.
India, October 27, 2018: Fintech app has transformed the way users handled their finances. They have not only made the lives of bankers and investors easier but have introduced multiple facilities like digital wallets, compact market views, and one-touch bank transactions for the general audience. Fintech App development has enabled users to get many benefits like peer-to-peer lending platforms and cryptocurrency and aided the environment by making most of the processes paperless. Thus an app builder will facilitate the development of these apps to move these causes further ahead.
Peter Tello, Head of Sales at The Mobile App Maker points out the challenges in Fintech app development. " Virtual transactions demand high security and users want to know whether they are exchanging money through a mode that is secure. Another area to look after is the scalability of the app since the online consumers are increasing tremendously. Lastly, continuous customer support is required for resolving customer queries and helping new customers. An app builder which takes care of all these aspects will help design Fintech app of any monetary domain."
An app builder for Finetch app development should focus on the type of banking solutions ranging from digital banking apps to wallets, microfinancing, and wealth management. The features can then be decided on the type of the domain. The app builder should provide the owners with the features to process payments through a secure mode. This includes international payments as well. Users' lives are made easier if they have the freedom of handling these payments by linking accounts to their phone numbers.
A digital wallet with multiple currencies, adds to the user convenience. It eliminates the need for cash and physical wallets entirely and is an essential feature for developing Fintech app.
" A powerful app builder will provide layouts not only for digital transactions but also provide the tools for other areas as well like cyclic bill payments and loan payments. The app really stays in the public eye if it helps the average user in their day-to-day life.", added Peter.
Fintech app development is not only limited to digital wallets but has proceeded to dominate the investment sector as well. Apps are acting as a medium to let the user decide the stocks which are surging or falling and the type of investments to make for saving for college or retirement and the effects of one currency on the other.
An app builder which encompasses features such as wealth management, promotion of digital wallets and intelligent solutions to investment problems will thus go a long way to provide cutting-edge solutions to the financial sector.
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