If you are also an entrepreneur and looking to create a similar website like Paytm, this is the right platform for you to learn more about Paytm like website and how it is created.
We’ll also discuss the cost to build a similar website like Paytm to clear your vision of budget.
Key Features of Paytm
If you are considering building a similar website like Paytm, you must need to understand and know the key features that are used on this website.
Once you have gained knowledge about the key features, then you can start calculating your budget according to the key features you will be using in your website.
Some of the key features of Paytm website are:
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It allows a user with the various option of recharging prepaid or postpaid mobile, DTH, data card, metro card, electricity bills, gas bills, landline or broadband, education fees, and insurance bills.
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It also enables essential mode of shopping of various mobile phones, home appliances, electronic gadgets, sports equipment, clothing and appearance, stationery products and many other.
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It also provides booking services for booking hotel rooms, movie tickets, music events, games, bus tickets, train tickets, flight tickets, TV shows and many more.
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It enables easy payment options via credit card, net banking, debit card, or Paytm wallet for transactions.
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Payment via Paytm wallets makes a payment free from any insecurities and inconvenience.
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It also offers cashback using a promo code enabling user to earn and shop at the same time.
Building Cost of Paytm Like Website
The total cost for creating a website like Paytm depends on a lot of factors. Hence, these are listed below:
Design and Layout
Paytm offers the easiest way to utilize their services that eliminate the efforts for users.
The design and layout are built in a way to minimize the inconvenience among the users. Thus, you need to adhere to these factors and come up with a unique design and layout for your website.
There are a lot of designers who would suggest the right design and layout for your Paytm like the website.
The cost will vary on who you are going to hire for your designing services.
Hiring a web designer for your website will typically cost you $10 – $50 per hour or more, and for a simple style website, a quality web designer will cost you around $1500 – $3000 or more.
The web designer will totally help you to come up with a design which looks decent and is user-friendly.
Website Development
As Paytm website is fully customized that contains various functionalities, it becomes a lot more difficult to integrate different services into a single website.
As there are Payments gateways, online shopping, recharging, booking services,and many other services, it will surely consume a lot of money and time.
Once, you have decided which features you are going to integrate into your website, you can hire a quality web developer for building your website.
A quality web developer will cost $50 – $80 per hour or $3000 – $4000 per project. Depending on the complexity of the website, the cost may vary up to $500.
Integration of shopping cart and programming will cost additional charges of $200 to $15,000.Also, other services such as integration of wallet services, booking services, recharging services and other, a web developer will typically cost you around $15,000 to $30,000 or more. As Paytm consists of advanced functionalities and third-party services, it needs more investment and access which always costs more.
Also Read : How To Create Online Recharge Website Like PayTm
Platform
Creating a Paytm like website cost varies from various platform to platform. If you want your website to be reached by various users, the website should be designed around every platform.
As there are millions of users who use smart phones to access various websites through different web browsers, your website should be accessed easily in their smartphones without any difficulties, the website should be properly fitted, displayed and reached by numerous users of different platforms such as Android, iOS or Windows.
If you want to reach out to different people with different platforms of smartphones, it will cost you more. As Android platform has more devices it will eventually cost more when the website will be tested against these devices as compared to iOS.
Alongside smartphones, there are also numerous users who use laptops and desktop that uses different browsers too. Thus, browser testing for the website will become a necessity which will cost around 30-40$ or 3000 INR a month.
Other Costs
A website is incomplete if it does not have a proper SSL certificate, domain name,andweb hosting. These are the necessities for any website. Thus the cost of these factors are listed below:
- Cost for buying a domain name will be $10 to $100 per year.
- Cost for hosting of the website will be $100/ month or $50 to $1200 per year.
- Cost for buying SSL certificate for your website will be $49 to $69 or 1999 INR up to two years.
Also Read : 24 Best Online Shopping Apps
Testing and Training
Testing is an essential process for any development cycle. The website that you will build will undergo extreme testing conditions to ensure it is working as expected.
Once the website is created you can easily hire a tester to test your websites among different platforms and applications.
Testing will ensure the running and integrity of your website among different devices and it will also ensure that your website is free from any bug or inaccessible web page.
The average cost for the testing website would be approx. $600 – $4,800 depending on the set of procedures and time period. A quality tester would cost you around $500 to $1000 per month.
Other Feature and Functionalities that Impacts the Cost of Website like Paytm
The cost to build a website like PayTm also depends on following advanced features and functionalities apart from few factors mentioned above. These are:
Access Control:
Login using email id, social media or using OTP.
Mobile Application:
Integrating the services of your website into a single mobile application.
Advanced Features:
Features including geo-location, data sync, booking calendar, push notifications.
Basic Features:
These includes user profile, newsfeed, rating or review, image manipulation, barcode or QR code.
Admin panel:
These includes user data control, add or block feature, usage analytics, intercom support, cash report,and
External Features:
These includes OTP reading, secure data travel, connect to third-party API.
Also Read : 13 Best Money Transfer Apps For Android and iOS
Payments or Earnings:
These includes third-party SDK.
Alongside this functions and features there might be some additional cost that may come once the development of the website takes place. Overall cost for creating a website like Paytm should cost around $30,000 to $40,000.
