The mobile wallet is a new buzzword in the corporate sector. People’s growing interest in making transactions through mobile devices have created many opportunities for enterprises and mobile app development companies alike. Entrepreneurs are keen to leverage the benefits of this trend by offering financial services through mobile apps.
Today, business owners of startups and established companies tend to avail the advantage of a thriving mobile platform. As a result, we have an app for almost everything. What’s more, on-demand mobile apps have brought revolutionary changes in our way of accomplishing tasks. On that note, the finance app development is aimed at addressing the financial challenges of users.
QUICK FACTS
• Number of mobile proximity payment users is expected to cross 1 billion in 2020
• About $60 billion worth of mobile payments is expected by the year 2020
• Average transaction per user on the mobile devices will reach $1303 in 2021
• Around 90% of smartphone users will use their devices to make payments by 2020
Original Source: Finance App Development
If you think that Android OS dominates in Asia, Australia, and Africa, then here is an interesting fact: the United States has over 107.7 million smartphone owners who use Android.
Also, Android is expected to maintain its top position with about 85 percent of all smartphones shipments globally in the year 2020.
Let’s go through the major business benefits of a tailored Android app:
Key Benefits of Android App for Your Business
Return on Investment (RoI) :
Android app development services are cost-effective and give the opportunity to address a huge audience.
