develop phonepe like app

Guide & Cost to Develop PhonePe Like App

Mobile payment apps are changing the way people make payments and transfer money. They provide convenience, security, and speed in completing transactions without having to worry about credit cards or cash. PhonePe is one of the most popular mobile payment apps in India which has revolutionized digital payments across the country. It allows users to safely send and receive money, pay bills, recharge their phones, and even book train tickets. 

It has become a major player in the digital payment solution space and is driving the growth of the mobile payments industry in India. It leverages UPI technology to provide a secure, convenient, and easy-to-use payment solution for individuals and businesses. With its simple user interface, it allows users to pay with just one tap or scan of their phones. This guide will explain the process of developing an app like PhonePe, from start to finish.  

Also Read: Guide & Cost to Develop UberEats Like App

What Is PhonePe?

develop phonePe like app

PhonePe is a revolutionary mobile payments app that allows users to transact instantly using their smartphone. It offers users a comprehensive suite of services including instant money transfers, bill payments, recharges, flight ticket bookings, and more. With PhonePe, you can not only pay in a few taps but also create your payment links to be shared with anyone in seconds.

Features of Phonepe

We will discuss the features of Phonepe – one of the leading eWallet mobile apps in India.

Easy Payment Interface: 

The user interface of Phonepe makes it easy to make payments and transfer funds. It allows you to pay bills, buy groceries, book tickets, and more in just a few taps. You can also use the app to recharge your mobile phone or pay your utility bills with ease.

Transfer Funds: 

With Phonepe, you can easily transfer funds to another person using their registered mobile number or UPI ID. The app also offers the option of direct bank transfers, making it easier for you to make payments and send money without having to visit a bank or ATM.

Ability to Pay Cash at Stores: 

Phonepe also allows you to pay for goods and services directly at retail stores using cash. All you need to do is enter your phone number and the app will generate a unique QR code that can be scanned by the store’s payment terminal. This feature makes it easier for those without bank accounts or debit/credit cards to make payments.

Recharge and Bill Payment: 

Phonepe offers an easy way to recharge your mobile phones or pay your utility bills such as electricity, water, gas, etc. The app also allows you to view past bills and payment history for better tracking of your expenses.

Secure Payments: 

All payments made using Phonepe are secure and encrypted. The app also offers two-factor authentication for added security to your account.

Rewards and Offers: 

Phonepe regularly offers rewards and cashback on payments made using their platform. This makes it even more attractive for users, as they can save money while paying bills or buying products and services. 


The app supports multiple languages, making it easier for users from different parts of India to use the platform.

Insurance and Financial Services: 

Phonepe also allows you to purchase insurance policies or invest in mutual funds using their platform.

How Does It Work?

how does It work

PhonePe is easy and secure to use, making it the perfect choice for anyone looking to make payments quickly. After downloading the app from the App Store or Play Store, users will have to complete a one-time registration process. Once registered, they can link their bank account or credit/debit card to the app and start using it instantly.

To make a payment, all you need to do is select the service type (e.g., money transfer, bill payment, etc.), enter the recipient’s phone number, enter the amount and click ‘Send Money’. The recipient will receive a notification on their PhonePe app with details of the payment.

Also Read: Guide & Cost to Develop AliPay Like App

What Are the Benefits of Using PhonePe?

PhonePe offers several benefits that make it an ideal choice for anyone looking to make payments quickly and securely. Some of the key benefits of using PhonePe include:


With PhonePe, you can make payments in a few taps without having to visit a bank or use cash.


All transactions made through PhonePe are secure and protected by two-factor authentication.

Instant Payments: 

You can make payments instantly with PhonePe, allowing you to stay on top of your bills and transactions.

Create Payment Links: 

Create custom payment links in a few steps and share them with anyone quickly and securely.

Process of Developing an App like PhonePe

app development process

Due to its success, many businesses have been wondering about the cost to develop phonepe like app. While there are steps that come into play when estimating the development, this article will take a closer look at the process.

Research & Planning:

Before starting development on the app, it is important to do some research and planning. This includes understanding who your target customers are, what features you want to include in the app, how you’ll monetize the app and more.

For example, if you’re developing an app targeting the Indian market, then it is essential to understand the UPI ecosystem and its potential customers. You will also need to decide what payment methods will be supported by your app and how you plan on differentiating yourself from other players in the market.

Programming & Design:

Once you’ve done your research and planning, it’s time to start programming and designing the app. This includes both setting up the backend infrastructure and developing the user interface. It is important to ensure that the app is secure, efficient, and easy to use.

For the front end, you will need to design the app with a consistent user experience across different devices. You could use frameworks like React Native or Flutter to develop cross-platform apps that can be used on both iOS and Android.

Integrating Payment Solutions:

The most important part of any payment app is the integration of payment solutions. You will need to integrate with UPI-based platforms like Google Pay and PhonePe, credit/debit cards networks like Visa and Mastercard, as well as other third-party payment providers such as PayPal.

These integrations can be quite complex and require a lot of testing to make sure that the payment flow is secure and seamless. It is important to ensure that all integrations are tested thoroughly before releasing the app to the public.

Testing & Release:


Once the app is developed, it will need to be tested for functionality and security. This includes testing on various devices, platforms, and operating systems. You should also perform stress tests to make sure that the app can handle a high volume of transactions.

Finally, you will need to submit the app to Apple’s App Store and/or Google Play for review. Once approved, your PhonePe-like app will be available for download on both stores.

Factors Influencing the Development Cost of a PhonePe Like App:

Cost of a PhonePe Like App

Developing an app like PhonePe requires both technical knowledge and time. Various components need to be considered such as the complexity of the application, cost of development, designing process, etc. when considering the total cost of developing a similar mobile payment app. We will discuss various factors that could define the cost of developing a PhonePe like app.

Features and Functionalities: 

The number of features to be included in the application plays an important role in deciding the total cost of development. A basic version may not include all the features provided by PhonePe, but the more features you include, the higher will be the cost of development. The complexity of these features also affects the total cost.


Depending upon the platform you choose to develop PhonePe like application. For instance, the development cost of an Android app is slightly higher than that of an iOS app.



Designing a great UI/UX for your application contributes to the total cost of developing a PhonePe like app. To get the best results, you need to choose experienced designers who can achieve your desired look and feel for your application.


Integrating third-party services such as payment gateways, mobile wallets, banks, etc., adds to the total cost of development. Depending on which type of payment gateway you choose and how many payment methods will be included in the app, the cost may vary.


Once the application is released in the app store, the cost of maintenance and support will also increase. Regular updates are necessary to ensure that your app is running smoothly and remains up-to-date with the latest technology trends.

Development Team:

development team

Hiring a talented development team is essential for developing an app like PhonePe. The size of the team and their expertise will affect the cost of development. Additionally, you may also need to hire experienced QA testers and people with DevOps experience in order to ensure the quality of your application.

What is the Cost of Developing an App Like PhonePe?

The cost to develop an app similar to PhonePe largely depends on various factors such as the features you are looking for, your development partner’s experience and expertise, and the platform on which you are building your app. Generally, the cost to develop a PhonePe like app for Android or iOS ranges between $10000 – $100000, depending upon the features and functionalities you want in your application.


Developing a payment app like PhonePe is no easy task. It requires extensive research, planning, programming, and testing to ensure that the app is secure and efficient. However, with careful planning and professional development teams, it is possible to create an app that can revolutionize the way people make payments in India. With the right marketing strategy, you could have a successful payments app that can help take your business to the next level.

The cost of developing an app like PhonePe depends on various factors. From the complexity of features to the size and expertise of the development team, each of these components contributes to the costs. However, with a good plan and an experienced development team, you can reduce your overall app development costs while still achieving high-quality results. With this in mind, it is important to ensure that you have the right resources in place before starting the development process.

Why Choose QSS Technosoft Inc as Your Development Partner?

QSS Technosoft Inc is a leading software development company specializing in digital payments solutions. Our experienced team of developers has the expertise and experience to develop a secure, efficient, and user-friendly payment app like PhonePe. We understand the importance of speed and accuracy when developing an app for mobile payment and provide our customers with timely updates throughout the development process. Our aim is to create an app that meets your business needs and delivers a great user experience. Get in touch with us today to discuss how we can help you develop an app like PhonePe.

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Thank you for reading! We hope this guide has provided helpful information about the process of developing an app like PhonePe.

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