Online payment and mobile wallet apps in India is rapidly increasing after demonetization the revolution of online payment in India is also one of the best examples of digital India initiative taken by our prime minister Narendra Modi. It saves time and money of the people as they don’t have to be in a long queue just for the payment of electricity bill and others.
Here are some of the top 10 Online payment and mobile wallet apps in India.
Paytm is one of the leading online payment and wallet in India becomes the synonym of the online payment is launched in 2013 because of their promotion which said “PayTM Karo” the name of the organization has become alternative for mobile payments. The organization additionally has incorporated UPI into its stage and propelled its own bank (Paytm Payments Bank), also its own web-based business stage Paytm Mall as well. paytm has more than 60% of market space of online wallet.
Freecharge, one of the most famous names right now when it comes to digital payment in India. Freecharge is an Indian online wallet which enables users to do mobile recharges and pay bills. freecharge founded in 2010 by Kunal Shah.freecharge is one of the leading online wallet platforms in India. later on, it was acquired by snapdeal in 2015. . freecharge is also known for Quick and simple payment process.
Google India announced that people can now pay water, electricity, DTH and mobile bills with its “Tez” digital payment app. Tez features a technology called audio QR that will allow users to transfer money using sounds to pair two devices Immediate cashback on transactions.tez is going to make first priority of youth in India just because of their cashback. Google has entered in a new segment. but it can be dangerous for others competitors.the new bill pay feature would include major utilities like Reliance Energy, BSES and Dish TV and would cover all states and major metros.
Mobikwik is a Gurgaon based e-wallet payment paltform in India. Founded in 2009 by Bipin Singh and Upasana Taku that people can water, electricity, DTH and mobile bills.MobiKwik slowly but steadily grew to become the 2nd largest digital wallet.It is simple, fast & hassles free. Earn maximum cashback with Supercash & save on every transaction. Get cash back, mega savings every time. With MobiKwik secure prepaid wallet app, enjoy over more than 2,50,000 shopping options and earn huge discounts in the process. Their UI is exceptionally clean and very interactive. Faster checkout process for better user experience.
In Airtel Money app, users can easily recharge prepaid accounts or pay postpaid bills of any network. You can also shop online if your digital wallet has cash loaded in it. However, most of the transactions on the platform is limited to Airtel bill payments for mobile, broadband and other services. My Airtel app, the payment wallet owned by Bharti Airtel Limited. The wallet app uses 4-digit password called mPIN to keep your account safe. The additional features of the app allows you to earn the highest interest of 7.25% on every rupee deposited.
6.pockets by icici
Pockets Digital Wallet can be used by customers of any bank. You can recharge, pay bills, send money, shop, get offers and more using Pockets App. Download .Pockets by ICICI Bank is a unique digital bank offering a wallet powered by visa which can be used to shop Register your account to start using the app..Pockets by ICICI Bank is available only for Apple and Android mobile phones. To get the To know more about Pockets, click here. To visit To Visit App Store..Pockets by ICICI Bank – The most comprehensive mobile wallet to 1 Payment 2 Shop Anywhere and 3 Bank with ease for any bank ‘s . but the best part od pocket that you can get credit card easily without any huddle documentations.
JioMoney, launched recently in 2016 by Jio, is a digital payment app. Make simple, smart & secure bill payments efficiently to a host of billers such as Mahadiscom, Mahanagar Gas, Reliance Landline, Airtel, Tata Sky and many moreMake payments faster than cash at your neighborhood stores with its revolutionary barcode feature or directly to a shopkeeper’s mobile number. They still have a long way to go in terms of integrations and offers. Now you can earn & redeem your Reliance One loyalty points from jio money.
The PhonePe app is ewallet platform that supports everyday payments of utility bills, mobile recharge, funds transfer to anyone, request money, etc. and is quite simple to use. Phonepe was launched in 2015. Phonepe is a subsidiary company of flipkart.phone usually use for online shopping because it provides huge cashback and discount. The PhonePe app works over the UPI platform developed by the National Payments Corporation of India (NPCI) and is powered by YES Bank. One can also earn handsome rewards from PhonePe by referring the app to others.