Top 8 Tips to Develop a Powerful and Secure Mobile Wallet App

Over the years with the advancement of technology, the applications we use on our phones also got advanced in terms of performance, usability, and security. 

The concept of e-wallet or mobile wallet came into focus when the world saw that the online transaction of money is a lot easier and faster than offline transaction procedures. 

Mobile application security, especially for mobile wallet application is one of the primary concerns of the appication developers and also the people who are using that application. 

That is why if you are a mobile wallet application developer then you have to keep one thing in mind for sure that you cannot compromise anything in terms of safety and security.

So today in this topic I took the privilege to provide you some tips about how to develop a powerful and secure mobile wallet application. 

Moving on…

Best valuable tips to develop a [powerful and secure mobile wallet app 

I think you are a successful mobile application developer!

If you are, then you are going to love these tips. So let us get started.

Tip 1: Try to write a secure code

No matter how much secure code you write, hackers will always find a way to intrude in your code. Code is the most exposed and sensitive part of any mobile application. This makes the code very much vulnerable to hackers. 

Hence, while developing the applicatikn you have to keep in mind one thing, that is you cannot leave behind loopholes. Some professional hackers can reverse engineer your app code and can do misuse your personal credentials. 

Therefore, the point I am trying to make here is that you need to build a heavily powerful and secure application code.

Tip 2: Always encrypt the data

This is the most important tip-off today. Never ever compromise your data. That is why it is highly recommended that you encrypt all your data. 

Encryption is a way to convert the data in such a form that can be accessed by anyone until it is decrypted by the owner. 

Encryption of data can save you from many major hack attacks or malicious activities. So if you are developing a mobile waller security application then always remember to encrypt your data, so even if the data get stolen, the hackers cannot get access to your data. 

Tip 3: Be careful with the libraries 

Sometimes developers while writing the code for the application they borrow some help from third-party software. But here is the mistake that everyone does. You can never know which third party software is secure or not. 

That is why it is recommended that you should always try to test the code before you finally run it. Loopholes in the library can make your code vulnerable to hackers. 

Tip 4: Use an authorized API 

API code is very important to build a secure application. That is if you are developing a mobile wallet then never forget to use authorized API in your app. 

An API code can prevent you from hackers who are constantly trying to steal your data. So by using a central authorization for the entire API you can keep yourself from the intruders. 

Tip 5: Always use a layered authentication technique 

The authentication procedure has always been the most important and crucial security technique for any mobile application. There is much application right now out there who lack authentication security and are facing huge problems. 

Therefore, weak authentication can lead to more chances of getting hacked. So it is the job of the developer to create high-level authentication security. 

There several authentication procedures. Among them the most common mode of authentication is using a password. But you have to make a strong password policy that cannot be hacked easily. 

Another mode of authentication includes two-step verification or OTP log in and there are a lot of ways to choose from. 

Tip 6: Develop a tamper detection technique for your application

Basically a tamper detection is a way to identify any intruder activity in your code. It will also alert you when your code is being changed or modified. 

It is always beneficial to keep a record of the changes that you have made in your code. By this, you can identify any malicious activity in your code. 

So try to develop a tamper detection technique to keep an active eye on the logs of your code. 

Tip 7: Keep a small privilege circle  

Privileges are often necessary for your app code security. You target should always be to keep the privileges as minimum as possible. 

Always try to give the privileges of your code to only those whom you trust the most with your code. Otherwise, you can face some real problems. 

So the point that I am trying to make here is that you should try to keep the network as less as possible. 

Tip 8: Make good use of cryptographic tool and techniques 

Encryption is a great way to protect your data. But if you are using cryptographic tools to encrypt your data, then you have to keep in mind that here key management is an important step. It is very much necessary as per to make sure that you do not hardcore your encryption keys. 

That is why it is recommended that you should use good protocols for encryption via cryptography. Some of the good protocols include AES and SHA256. 

Another important point is never stored or save your keys in your local devices like mobile phones or laptops. And always use the latest encryption methods.

So Finally…

We can conclude that developing a mobile wallet application is not a matter of joke. You have to follow a lot of protocols and instructions as per to make your application more powerful and secure. 

The tips that I have mentioned are well researched and well tested so that you don’t leave behind any loopholes while developing a mobile wallet application.