A Guide to the Cost to Develop an App like ZainCash?

Are you wondering what it will cost to build an app like ZainCash in 2025?

Digital wallets are changing how people handle money, especially in regions with growing mobile access.

ZainCash has emerged as a powerful example of how fintech can drive financial inclusion.

If you're planning to build something similar, understanding the development cost is a smart first step.

This blog breaks down everything from features to functionality and from market stats to money-making models.

We’ll also uncover what drives the budget behind a secure, scalable, and user-friendly eWallet.

Let’s explore how much it really takes to develop an app like ZainCash and why it might just be your next best investment.

eWallet Market Statistics

The eWallet industry is experiencing remarkable growth globally. Here are some key statistics.

• By 2026, the number of global digital wallet users is expected to hit 5.2 billion, covering more than 60% of the world’s population.

• ​Digital wallet transactions worldwide surpassed $14 trillion in 2023, reflecting a 25% year-over-year growth. ​

• The Asia-Pacific region accounts for over 60% of global digital wallet users, driven by high smartphone penetration and digital payment adoption.

• Digital wallets are projected to account for 52.5% of global e-commerce transaction value by 2025, up from 48.6% in 2021.

• The number of active cryptocurrency wallets worldwide exceeded 420 million in 2023, with a predicted 30% growth in 2024.

These statistics highlight the rapid expansion and adoption of digital wallets, underscoring the potential for developing an eWallet app in today's market.

ZainCash Overview

ZainCash is one of the mobile wallets in Iraq, empowering users to handle everyday financial tasks with ease and security.

Launched by Zain Group, this mobile wallet allows individuals to send and receive money, pay bills, recharge mobiles, and much more - all from a smartphone.

It’s specifically designed to address the needs of the unbanked population, making it a vital tool for advancing financial inclusion in the region.

As one of the top digital wallet apps in the Middle East, ZainCash has set a benchmark for secure and user-friendly mobile financial services.

If you're looking to create an eWallet app like ZainCash , this is a great model of success in terms of both technology and impact.

How Does ZainCash Work?

Using ZainCash is simple and streamlined, which is why it ranks among the top digital wallet apps in the region.

• Download the ZainCash app from the App Store or Google Play.

• Register using your mobile number and personal identification.

• Link your bank account or fund your ZainCash wallet through agents or transfers.

• Use the wallet to send money, pay utility bills, or recharge mobile credit instantly.

• Track your activity through a detailed transaction history and wallet balance section.

If you plan to create an eWallet app like ZainCash, focus on simplicity, accessibility, and seamless user experience to ensure wide adoption.

Features to Have in an App Like ZainCash

If you’re wondering how to create an app like ZainCash , start by understanding the features that make it a user favorite.

These core functionalities are what you’ll need to include when you develop an app like ZainCash that truly stands out.

Let’s explore some of the top digital wallet app features to have in your app:

1. User Registration

User onboarding is simple and secure in ZainCash.

Users can register using just their mobile number and a few verification steps.

When you develop an app like ZainCash, a smooth sign-up process builds trust instantly. It’s crucial for easy user onboarding and a better experience.

2. Money Transfers

ZainCash users can send and receive money with just a few taps.

Peer-to-peer transfers are instant, secure, and available 24/7.

To make an app like ZainCash, you’ll need to integrate a seamless money transfer module that supports bank, wallet, and even card-to-wallet transactions reliably.

3. Bill Payments

From electricity bills to internet subscriptions, users can pay it all through ZainCash. The app integrates directly with local service providers.

If you're learning how to create an app like ZainCash, this feature is a must for real-world utility and will keep users coming back regularly.

4. Mobile Top-Up

ZainCash allows users to recharge mobile phones on the go. Whether it’s for their own number or someone else’s, top-ups are instant.

When you build an eWallet app like ZainCash, this feature adds convenience and positions your app as a full-service financial solution.

5. Transaction History

Every transaction made in ZainCash is recorded and viewable by the user. It adds transparency and helps users manage their spending.

To develop an app like ZainCash, a detailed transaction history feature increases user trust and allows for easy financial tracking and auditing.

6. Multi-Language Support

ZainCash is accessible in Arabic, English, and other regional languages, making it user-friendly across diverse populations.

If you plan to make an app like ZainCash, offering multi-language support can significantly broaden your user base and make your app inclusive from the very beginning.

7. QR Code Scanning

Users can scan QR codes to make payments at partner stores, restaurants, and even friends. It's fast, secure, and eliminates the need to enter account details.

Want to create an app like ZainCash with modern tech? Then, QR scanning is a feature you definitely shouldn’t skip.

8. 24/7 Customer Support

ZainCash offers around-the-clock customer support through its in-app help center and call lines.

This builds strong user loyalty. If you're thinking about how to build an eWallet app like ZainCash, including responsive support is non-negotiable - it’s a key trust-builder in any financial service app.

With this out of the way, let's talk about what brought you to the blog- what is the cost to develop an app like ZainCash?

How Much Does It Cost to Develop an App Like ZainCash?

Many entrepreneurs ask, how much does it cost to create an app like ZainCash?

The cost can vary greatly depending on the app’s features, tech stack, and complexity. A basic MVP version can be built with essential features at a lower cost.

If you want advanced features like biometric security or multi-language support, expect the price to go higher.

The development platform (iOS, Android, or both) will also influence your budget.

The location of your development team can drastically affect hourly rates and overall pricing.

On average, a scalable, high-quality wallet app can be built in the range of $30,000 to $80,000+.

Here’s a quick breakdown of the estimated eWallet app development costs:

Factors Affecting the Cost to Build a Payment App Like ZainCash

The cost of developing a ZainCash-like app depends on various factors, each of which plays a critical role in shaping the final budget.

Understanding these elements can help you plan effectively and make informed decisions about the features, design, and team needed to bring your vision to life.

1. Features and Functionalities

When asking how much does it cost to create an app like ZainCash , remember that the more features you want, the higher the cost.

Core features such as money transfers, bill payments, and QR code scanning add complexity, driving up the budget.

Custom integrations and sophisticated back-end systems will also increase both development time and costs.

2. Platform Choice

Developing for multiple platforms (iOS and Android) means you’ll need separate teams or tools, which increases the cost.

While developing a native app for each platform can be expensive, cross-platform development might be a cost-effective alternative without compromising performance.

If you plan to develop an app like ZainCash , this decision significantly affects your budget.

3. Design and User Experience

User interface (UI) and user experience (UX) are paramount when developing an eWallet app like ZainCash.

A polished eWallet app design can make your app more intuitive and user-friendly.

A good UI/UX design takes extra time and resources, making it one of the key factors that will drive up your overall costs when you create an app like ZainCash.

4. Security Measures

Digital wallet security is non-negotiable for such apps.

Robust security features like two-factor authentication (2FA), encryption, and fraud prevention measures require significant development time and effort.

When you make an app like ZainCash , ensuring it’s secure not only boosts user trust but also impacts your development budget.

5. Compliance and Regulations

Financial apps must adhere to strict regulations such as KYC (Know Your Customer (KYC) and Anti-Money Laundering (AML) laws.

Compliance ensures that your app meets industry standards, but it also adds to the cost due to the legal consultations and necessary development adjustments.

When considering how much does it cost to create an app like ZainCash , compliance is a significant factor.

6. Development Team Location

The location of your development team directly influences the cost.

If you hire a mobile app development company from a high-cost region like the U.S. or Western Europe, your budget will increase.

On the other hand, outsourcing to regions with lower rates, such as Eastern Europe or Asia, can provide competitive pricing while maintaining quality.

0This is an important consideration when deciding how to build an eWallet app like ZainCash.

7. Maintenance and Updates

Even after launch, maintaining and updating your app is essential. Regular bug fixes, new features, and updates to stay compliant with regulations are ongoing costs.

Whether you're considering how much does it cost to develop an app like ZainCash or building an eWallet app, continuous maintenance and updates should be factored into your long-term budget.

These are some of the key factors that influence the cost of building a payment app like ZainCash.

Now, let’s explore the various monetization models that can help you generate revenue.

How ZainCash-Like Apps Make Money?

Creating a successful app includes top eWallet app monetization models, as they are the key to generating revenue and ensuring sustainability.

Here are a few ways apps like ZainCash make money:

1. Transaction Fees

The most common revenue stream is transaction fees.

Every time a user makes a money transfer, pays a bill, or completes any financial transaction, a small fee is charged.

This low-cost method can generate consistent revenue.

2. Premium Services

To create an app like ZainCash , offering premium features for a subscription fee, is a smart choice.

Users can pay for added features like faster transfers, higher limits, or priority customer support.

Premium services are a great way to scale up revenue without disrupting the free user experience.

3. Partnerships

Many ZainCash-like apps generate income through partnerships with businesses.

These partnerships can involve offering discounts, co-branded features, or promotional offers.

Businesses benefit from exposure to your user base while you earn commission or fees for facilitating their services.

4. Advertising

Displaying ads within the app is another common way to earn revenue.

Advertisers pay for space to promote their products or services to your active users.

This model works well if you have a large user base and want to monetize without charging them directly for services.

5. Cross-Border Transactions

ZainCash-like apps can earn by charging fees on international transactions.

Users sending money abroad or making global payments often incur extra charges, creating an opportunity to generate revenue through service fees while offering value to users needing cross-border payments.

How Techanic Infotech Can Help You Build Your ZainCash-Like Payment App?

Currently, payment apps are transforming how people handle transactions. As mobile wallets become increasingly popular, the demand for seamless, secure, and user-friendly apps like ZainCash is growing.

If you’re looking to create a successful eWallet app , choosing the right development partner is crucial.

That’s where Techanic Infotech comes in. As a leading eWallet app development company, they specialize in delivering tailored solutions that fit your specific business needs.

With their vast experience and technical expertise, they provide end-to-end services from concept to launch.

Techanic Infotech ensures your app is secure, intuitive, and capable of scaling to meet future demands, offering you the perfect solution for entering the mobile payment space.

Conclusion

In conclusion, building a ZainCash-like app can offer a great opportunity to tap into the rapidly growing mobile payments market.

From understanding the development costs and key features to exploring monetization strategies, it’s essential to plan carefully. A strong app like ZainCash can empower users, enhance financial inclusion, and drive business growth.

With the right approach, your digital wallet app can be a game-changer in the fintech space. If you're ready to start, reaching out to the right development partner is the first step toward success!