How To Create An App Like Tamara? ⋆ Appic Softwares

How To Create An App Like Tamara?

How To Create An Like Tamara?

The development of FinTech solutions is changing the way individuals manage their money. The rise of eCommerce, as well as the ubiquity of mobile phones and the internet, have all contributed to the sector’s meteoric rise, particularly in the Middle East.

Tamara is one app that has grabbed the Middle Eastern market by storm. A FinTech app that provides its users with split payment options as well as a purchase now pay later (BNPL) option. With Tamara’s growing popularity, the cost of developing a split payments app like Tamara is an especially attractive notion for aspiring businesses and investors in the region.

Tamara has successfully attracted the interest of Middle Eastern consumers by providing a seamless blend of Buy Now Pay Later (BNPL) alternatives and simple bill-splitting among peers. However, the path from a concept to a fully functional application comprises several critical milestones, each with its own set of expenses.

Estimating the Tamara app development cost (about $30,000 to $300,000) is an important element of the planning phase since it helps investors and entrepreneurs align their expectations and resources. This blog dissects the numerous components that contribute to the overall cost, giving a complete guide for anyone interested in similar endeavors.

Business Opportunity in Building an App like Tamara

With a young and tech-savvy population, the Middle East is a rapidly rising FinTech product and service market. Buy now, pay later (BNPL), which allows consumers to split the cost of their purchases into smaller, more manageable installments, is one of the region’s most intriguing FinTech topics. Tamara is one of the Middle East’s main BNPL providers, with offices in Saudi Arabia, the United Arab Emirates, and Kuwait. To present, the company has over 3 million active users and has processed millions of dollars in transactions.

A variety of causes are fueling the expansion of BNPL throughout the region, including:

eCommerce is becoming increasingly popular in the Middle East, with sales estimated to exceed $3 billion by 2025. BNPL facilitates online shopping by allowing customers to spread the cost of their purchases over time. Mobile payment apps are becoming increasingly popular in the Middle East, with more than 357 million mobile Internet users predicted in the region by 2025. BNPL apps are primarily mobile-first, making them simple and convenient to use for customers. Tamara’s accomplishment highlights the obvious financial possibilities in developing a split payments app in the Middle East.

Factors Affecting the Cost of Building an App like Tamara

Complexity of Payment Feature

Offering a variety of payment options complicates the app’s architecture. For example, if a user wants to defer a payment while also splitting another bill with a friend, the app must accommodate this multifunctionality. Implementing these intricate features can have a substantial impact on the cost of developing split payments software like Tamara. To properly manage development expenses, it is critical to identify early on what features are vital for your target market in the Middle East.

Security Protocols and Compliance

It is non-negotiable to provide top-tier security. Because users would be sharing sensitive financial data, encryption and adherence to financial standards are required. Consider a user who is concerned about identity theft; strong security measures are required to allay these fears. Adequate investment in secure protocols adds to the entire cost of Tamara app development and must be considered from the beginning.

Geographic Location of Development Team

Your budget may be influenced by the location of your development team. Development teams in the United States or Western Europe, for example, typically charge more than those in Asia or Eastern Europe. This disparity in labor prices affects the cost of developing an app like Tamara and is a crucial factor for Middle Eastern businesses to consider.

Integration with Retail Partners

Users who like to buy at a range of online stores will need a versatile app. Developing an app that is API-compatible with many retail partners will increase the cost of developing a split payments app like Tamara. These integrations provide a more seamless user experience, but they come with their own set of expenditures that must be factored into your budget.

Backend Infrastructure and Server Costs

A stable backend infrastructure is critical for delivering a consistent user experience. Consider a user who frequently encounters app crashes or poor load times; they are likely to exit the app and seek alternatives. This necessitates the use of reliable servers and backend systems. Investing in high-quality infrastructure will raise the cost of developing Tamara, but it is an essential investment for long-term stability and scalability.

Ongoing Maintenance and Support Costs

It’s not the end of the tale after the app is up and running. Users anticipate frequent updates, bug fixes, and new features. Assume a user discovers that a particular function isn’t operating as expected. Prompt customer service and routine maintenance are essential for retaining such users. Ongoing expenditures for these services can sometimes exceed the initial development costs, so keep this in mind when planning to launch an app like Tamara.

Marketing and User Acquisition

In a competitive market, simply having a terrific app is insufficient. Users must be aware that it exists. Search engine optimization (SEO), pay-per-click (PPC) advertising, and social media campaigns are examples of marketing methods. The costs of these tactics vary greatly, but they can soon pile up. To attract a huge user base for your split payments software like Tamara, effective marketing is crucial, especially in a market as diverse and competitive as the Middle East.

Third-party API Integrations

Third-party API interfaces are frequently necessary to provide a wide range of services, such as payment gateways or customer relationship management. A user, for example, may want to connect their existing financial accounts to your app for a more seamless payment experience. These linkages are necessary, but they come at a cost. As a result, including third-party APIs is one component that contributes to the costs of developing an app like Tamara. Paying close attention to these elements will provide you with a better understanding of what it takes financially to enter the competitive world of FinTech apps, particularly in the Middle East. To give you a better idea, the Tamara app development cost might range between $30,000 to $300,000.

This wide range reflects the different components that contribute to overall development costs, ranging from backend infrastructure to third-party API integrations. Understanding these cost variables in depth might better prepare you for the financial commitment required.

Must-Have Features of an App like Tamara

Gaining a complete idea of the cost of constructing a split payments app like Tamara necessitates a thorough examination of numerous significant aspects. Each component, from the complexity of payment features to the geographical location of your development team, has a crucial impact on the entire expense.

  • Payment Splitting

The payment splitting option is one of the major functions that contributes to the Tamara app development cost. Users can utilize this tool to break their shopping bill into smaller, more affordable installments. Assume a customer wants to buy a high-end smartphone but does not want to empty their bank account all at once. This is where payment splitting comes into play, allowing you to break down the entire cost.

  • Payment Tracking and Notification

The payment tracking and alerts function is another essential component that contributes to the cost of developing a split payments app like Tamara. This brings users up to date on forthcoming payments and completed transactions. As a virtual payment assistant, it increases user engagement and reduces late payments.

  • Security Protocols for Data Encryption

When creating an app like Tamara, high-level security mechanisms for data encryption are a must. Users will be sharing sensitive financial information, thus its security is critical. As a result, incorporating strong security measures is an important element of the entire cost of developing an app like Tamara.

  • Multiple Payment Options

Offering credit/debit cards, digital wallets, and direct bank transfers not only improves the user experience but also expands the Tamara app feature set. When developing an app like Tamara, take in mind that the more payment choices you have, the more complex and expensive the development gets.

  • Retail Partner Integration

Retail partner integration is a critical feature that has a big impact on your budget when creating an app like Tamara. This feature allows users to shop from a variety of stores directly from the app.

Consider a popular fashion outlet; the connection would provide fast access to split payment choices at the checkout. This improves the user experience and is a distinguishing feature of any split payments app, such as Tamara.

  • User Friendly Dashboard

The dashboard serves as the central nervous system for any split payments app development project. It displays a summary of the user’s transaction history, upcoming payments, and account information. A user-friendly dashboard is not a luxury; it is a requirement. A well-designed dashboard lets users easily browse the app’s functionality, which is critical for any app like Tamara.

Monetization Strategies for an App Like Tamara

Creating a split payments software like Tamara is about more than just programming; it’s also about making money. Once you’ve determined the cost of developing a split payments app like Tamara, you’ll need to figure out how to recoup those expenses and turn a profit. Here are some excellent monetization tactics that can be applied to this type of app.

In-App Purchases

Offering in-app purchases can be a direct money generator. You could, for example, let users purchase premium features that make their transactions more convenient or safe.

Subscription Models

Another typical approach is to provide a subscription model. Users may be able to enjoy benefits such as 0% transaction fees or larger transaction limits in exchange for a monthly or yearly fee. This is especially enticing to business accounts and frequent users.

Transaction Fees

Implementing a tiny transaction charge can be a reliable approach to generating revenue without significantly hurting the customer experience. Given that the customers are making transactions through the app, even a little cost might quickly add up.

Partnering with Retailers

Collaboration with retail or online retailers might provide an additional revenue stream. You can charge shops a commission for every purchase completed through your split payments app in such collaborations. This is a win-win situation because it provides retailers with an additional sales channel.


Ads within the app might provide additional revenue, but if done incorrectly, they can degrade the user experience. As a result, striking the proper balance is critical.

You can not only recover your investment but also develop a consistent revenue stream by knowing your costs to construct a split payments app like Tamara and applying one or more of these monetization tactics. The strategies you adopt should be in line with your overall business objectives as well as the needs of your target audience. This allows you to create a split payments software that is not only functional but also profitable.

Create an App like Tamara

Initial Planning and Market Research

To uncover market gaps and evaluate the demand for a mobile app development for split payments, extensive market research should be undertaken at the onset. This phase ensures that you are not entering a crowded market and aids in the development of the app’s functionality.

Wireframing and Design

Following the initial planning, you go to the wireframing stage. You design the interface and plan out the user experience here. This is a critical component of the Tamara app development process.

Development Phase

The core development phase has begun. This is when the app takes shape, with developers building the code that will serve as the app’s backbone. This step frequently takes the most time and contributes significantly to the split payment app development costs.

Testing and Quality Assurance

Thorough testing is required after the app has been developed. Quality assurance aids in the detection of bugs, and security flaws, and the evaluation of the app’s overall performance.

Deployment and Maintenance

Finally, once the app has been completely tested, it is ready for deployment. The effort, however, does not stop there. Maintenance is a continuous expense for which you should budget. By concentrating on each of these areas, you obtain a better understanding of the procedures and factors involved in the Tamara app development process. As a result, the costs and work involved are more accurately estimated.


Developing an app like Tamara is a significant business opportunity, particularly in the constantly expanding FinTech market. Financial planning requires an understanding of the different aspects influencing development expenses, such as payment complexity, security, team location, integrations, infrastructure, and continuous maintenance. Monetization tactics such as in-app purchases, subscriptions, transaction fees, retail partnerships, and advertisements can assist in recouping expenses and ensuring profitability. Comprehensive planning, market research, design, programming, testing, and continuous maintenance are all necessary elements in developing a successful split payments app like Tamara. Entrepreneurs and investors can better prepare for the difficulties and possibilities in the competitive world of FinTech in the Middle East if they understand these variables.

Appic Softwares can help you in building an App like Tamara. We at Appic Softwares have a dedicated team of Fintech Tech Developers who are experienced in top technologies like ReactJS, Flutter, iOS, Android, and many more.

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