How Mobile Apps Are Transforming Banking Sector

banking sector app development

Just a simple question to start with ? Which did you last visited the bank physically ? Most of you do not remember the same . It is the fact that as the technology is getting mobilised , so is the banking sector . We can do almost everything from the convenience of mobile app and that’s so in a very secured environment . Due to technology advancement in banking sector , presently we are able to experience hassle free banking experience .

With the technology advancement over time , even the banking app has been converted into easy to use mobile applications , in comparison with the bulkier version earlier . Due to this a person who does not even have a penny of experience of using mobile app , can easily carry on banking transaction through mobile app . Along with this , there are many other benefits of mobile app that have changed the way of doing banking for us and some of them have been elaborated below :

1) No Waiting In Queues

If you are one of those person whose day’s first task is to visit the bank for doing any of the transaction , then you must be thankful now for banking apps that have changed your life . You can perform the same task by clicking on few icons in banking mobile app .

2) Convenience To Consumer

All banks works during business hours , usually between 9:30 am to 5 pm , and that is the time most of us go to our offices . This radically means when you are suppose to visit banks for performing any of the transactions , by taking leave from your office that will obviously cost you more . But with the launching of mobile app , this scenarios has been completely replaced . Now in person can do transaction anytime and from anywhere in the world .

3) Immediate Transfer

Usually in India , it takes 3 working days for any cheque to get credited in bank account with is obviously time taking process . But thanks to banking app , it can be transferred within few second and that to from anywhere .

How Is technology Seeing This Shift In Banking Sector ?

A well deployed banking app development must have an awesome UI/UX design for their banking customer . Also security is one of the greatest concern while taking about the mobile app , so that custom can get peace of mind by using banking apps on their mobiles . Latest introduction of technology like BHIM app , UPI has improved the banking sector by joining in all the bank together and thus making transaction between different bank just a click away .

Introduction of latest emerging technologies like Big Data , AI , Blockchain , IOT has open the whole new door for banking sectors .

Banking which were earlier thinking of opening thousand of branches for the convenience of their customer is now more focusing of development of their website and mobile app . The advancement of technology is already created a virtual banks , and in newer future new physical bank brand would be a rarity .

Winklix.com is leading mobile app development company providing website and mobile app development solution across all industries .  We are also leading CRM and ERP software development company thus facilitating IT solution in simplified manner .

AVOID THESE MISTAKES WHILE DESIGNING YOUR APP

There has been a sharp rise in the app development industry. Due to this very reason, the number of jobs in the IT industry keeps on augmenting. But… what it takes to design an app, let’s find out!

According to recent studies, there are millions of applications worldwide and the number keeps on growing with each passing day. Not all the apps make it through the success benchmark and lot of apps fail due to poor app design. Here we will be explaining the mistakes that you must avoid while designing your app.

Finding out the errors in the development phase is an easy task. We can just allow users to test the applications and according to the results, errors can be corrected. However, if we ignore the errors in the testing phase, then it becomes really difficult to test the application.

There is always a trail left behind…

 

With this entire app development process on the rise, even the most experienced developers will leave an error. No matter how good they are, they will always leave an error behind. This error will negatively impact the brand image. The worst part is that the error may be so minute that we may not be able to detect it. But  it will seriously impact the app performance .

We have made a list of the most commonly occurring errors in the designing of the app. This will assist the designers and developers to do designing and development respectively very efficiently. This list goes on as follows:

  • Ignoring the flow of application

It is very essential that the application must have a proper workflow and it must be convenient for the users to use. It will be huge mistake if you don’t think about the flow of the app before designing. It may make the users confused about how to reach a certain feature of the app. It may also happen that something comes up after the beginning of designing which you ignored due to which you will have to undo previous work. So it is important to keep in mind about the proper flow of app.

  • Designing the app for all the platforms at the same time

Both android and iOS are completely different from each other. Investing money on both the apps together is not a good idea because if your app fails, then you will have to suffer losses on both platforms. However if you  prefer to design your app only for one specific platform, then you can get a brief overview to see the reviews of all the people. So even if you design fails, you can improve the design on other platform. This will save lot of money

  • Expecting users to use the services without offering anything

This is foolish and one of the biggest mistake that app designers make. If you don’t provide anything then asking for registration from the users is not a preferred step as the users will not waste their time to register. However if you are providing something, then you would have to show the consumer what you are providing before asking them to subscribe. You can do this be providing screenshots and description on the app store page.

  • Ignoring the importance of on-boarding

On-boarding is the first step when users use the app after downloading. First impression is everything. If you are not able to produce a good impression for your app, then no one is going to use it. Explain the whole process of how to use the app to the users. Make proper slides or animation explaining each and every detail.

  • Not giving importance to the UX of the app

A great design is very necessary for attracting the user. If you don’t have a great layout design of the app, then you will have difficulties in bringing more downloads of your app. So make sure that your app has a great design.

  • Too many features

Make sure that your app does not incorporate too many features as it will make the user confused about the different features of the app. Start with the basic design and then gradually add the features which will compel the users to use the app.

  • Having different design layouts

Too many layouts of design in the same app can confuse the user. It feels as if the app design is not standard and makes it very ordinary which will give a bad image of the app

  • Doing beta testing by yourself

As the alpha testing is done by the developers and designers themselves, the beat testing must be done by someone who has  no knowledge of the app. This is because we have to get both perspective of the app, those who use the app and those who don’t use the app.

Winklix  is an mobile app development company located in the heart of India. It is one of the best app development companies in India. Looking in case you are looking for the best app developer and designer in feel free to contact us anytime !

 

THINGS TO CONSIDER WHEN CONVERTING A WEB EXPERIENCE TO NATIVE APP

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There are many businesses that just have the website for their businesses. They do not have a mobile app for their business. But just having a website is not enough for the businesses to expand. They are missing out on key customers. To trend in today’s highly competitive market, it is essential to have a mobile app so that they can compete with their competitors. But moving on to mobile app from a website is not a simple task as it looks. There are lots of things that need to be considered while moving from website to native app. These things are explained below:

Analyse your existing website

 

First thing to do before migrating from website to native app or hybrid app is to analyse your existing website. This will not only help your website to improve but it will help in enhancing the user experience of the app which is going to be created. Find out the features that are working for you and what are not working well. Implement the features in the app that are working well and have much popularity.

For example Facebook first launched its website and then after analysing what is working for them, they launched an app on the android and iOS platform. This will enhance the chance of more successful app launch.

Analyse your audience

 

It is very vital to determine type of audience you have. It may happen that when you just have the website, you may be losing a certain type of demography who is more interested in using native apps. You can identify the devices and platform people are using for visiting your website using tools like Google analytics etc. So it is crucial to analyse your audience. If your audience is of a type where the native app is not required, then it may be bad idea to build an app for your business.

Think through the different use case for apps

 

Thinking about the use cases for your app is very vital. Will the people use your app in crowded place? Will they use your app after a long day of work? Will they use the app when the mobile charging is low? So it is quite important to go through these test cases before building a native app for your business.

Think about the reasons for building the app

 

Analyse if your current website is meeting all the requirements of your business. If yes, then you don’t have to build an app for your business as building a website is very time consuming and costly process. However if you believe that you have to provide services which your website cannot provide or looking to attract mobile demography, then you must build an app as it will help your business to grow.

Apps changes the user experience

 

It is highly noted that the mobile apps are very progressive and interactive. Due to these reasons, the app completely changes the user experience. For example if you want to implement messaging feature, then mobile app is a good option as it will provide a better user experience when compared to the website.

Concluding Note

 

All the above factors must be considered while trying to move from website to an app. This will help you to grow and boost the revenue of your business. Native apps will provide an edge to your business.

So are you searching for app development company ? So just close you eyes and hire Winklix – Best App Developer , who can provide you all type of app development right from e-commerce mobile application to cryptocurrency app development solution .