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Digital wallet apps have made it easier for people to transact funds, pay bills, recharge mobiles, etc. In this technologically-driven world, the digital wallet app market has a vast market scope that is unexplored. Apps like PayPal, Paytm, etc., are scaling greater heights in the market. However, the market is still expecting new players to create a trend among the audience.
Are you an entrepreneur aiming to launch a PayPal clone into the market? If so, you need to incorporate a seamless workflow to lure the audience towards your site. This blog discusses such an enticing workflow to consider in your digital wallet app.
Initially, users download the app and register with the platform by specifying their essential information or logging in via social media platforms.
Users link their bank account with their profiles and upload documents for verification. The admin authenticates the same and approves the account.
In addition to adding their bank account, users can also add money to their wallets.
Users can import their contact details or add friends by inviting them to join the platform.
On the other hand, users can pay bills and conduct various digital payment activities as mobile recharges from a single place.
Subsequently, users can send/receive funds to friends/merchants, etc., with just a few taps on their smartphones.
Users receive and generate invoices instantly with detailed information like sender/receiver, date, etc.
Wrapping up,
The market for digital wallet apps will grow exponentially in the upcoming years. Integrate such a workflow in your PayPal clone script and gain an irreplaceable position among the audience.