How much does it cost to
build an app like PayPal?
SovTech specialises in mobile app development, iOS, Android, hybrid technologies and progressive web apps.
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Why choose SovTech for your bespoke app development?
SovTech is an award-winning software and mobile app development company. With over a decade of engineering experience, along with over 200 tech professionals, we are experts in building custom mobile applications for any business, in any industry.
Our multidisciplinary teams, comprising tech-enthusiasts with elite and varied development expertise, are geared towards building scalable products that service growth-focused businesses. We strive to deliver bespoke solutions that innovate using cutting edge technologies and cloud software at competitive and flexible rates.
What is PayPal?
PayPal is an online payment system that makes paying for things online and sending and receiving money safe and secure. When you link your bank account, credit card or debit card to your PayPal account, you can use PayPal to make purchases online with participating stores.
The History of PayPal
PayPal was originally established by Peter Thiel, Luke Nosek and Max Levchin, in December 1998 as Confinity, a company that developed security software for hand held devices. Having had no success with that business model, however, it switched its focus to a digital wallet.
Forget Your Wallet. Pay With Your Password.
Purchases, money transfers, and bill payments are all faster when you don't have to type in your account numbers every time. So you can put your phone down and get back to doing what you enjoy.
Rack up the Rewards. You’ve earned it.
When you buy with plastic, do you enjoy getting points, miles, and cash back? Simply link your credit cards to PayPal and you'll continue to earn points with every purchase.
The flexible way to shop.
Purchases, money transfers, and bill payments can all be done using your linked credit, debit, or other payment accounts. When you check out, simply select the payment method you want to use.
Use PayPal on these platforms:
PayPal is built using this tech stack
Cost of building an app like PayPal
Benefits of custom over off-the-shelf software
While off-the-shelf software might be cheaper to set up, custom app development can be uniquely tailored to meet your specific business needs. Bespoke software is high-quality, built by a team of expert professionals, offering you better and more features than the limited features that are available with generic software.
Examples of our work
SovTech Insights Blog
The Importance of Creating a Slick User Interface A good user interface (UI) is what leads to good user experience (UX). Software lives or dies depending on its ease of use. People will choose a less powerful tool if it’s faster and simpler. A lot of software companies are too familiar with their products and…
Design Thinking and Empathy in the Workplace By Geoff Bickford Welcome to our SovTech DevChat series, where we invite external and in-house guests to talk about their favourite things, experiences or expertise. These guests will share their profound knowledge of everything from Engineering, to Cryptocurrency to Finance and Business. Geoff Bickford is the series’ first guest,…
Design Thinking in Software Development… What’s the Deal? Written by Janke Bester According to Tim Brown, the CEO of the international design and consulting firm: IDEO, “Design thinking is a human-centered approach to innovation that draws from the designer’s toolkit to integrate the needs of people, the possibilities of technology, and the requirements of business…
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