Ondot’s App Factory is an all-in-one self-service tool that allows financial institutions to build, preview, and publish a branded digital card experience app, designed for use even by non-technical users.
Although many institutions are aware of their customers’ expectations and want to develop complete digital banking experiences, the cost of technical resources needed to gain an edge over competitors may be prohibitive. Simply developing the framework for a mobile card app costs $270,000 on average, with 5-9 months of development time, whereas maintenance and technical support can cost $100,000 or more.
Ondot’s App Factory drastically cuts the cost, development time, and IT resources needed for a financial institution to deliver extensive digital card experiences. With App Factory, the cost of development dramatically drops to under $10,000 with a projected time to market of less than 1 week, taking about 2 hours to build, brand, preview, and publish a digital card experience app.