In today’s modern technological era, Internet Banking or Mobile wallet has become a part of our daily life. It provides banking according to the user’s convenience and ease of operation. Everyone faces some problems sometimes to do their daily transactions and most of us choose internet banking only to get the bank account details while few take a step further in using it for a few online deals. It can be termed as a security risk but certainly a risk worth taking..!!
After the demonetization in India in November 2016, mobile wallets become more active. They provided people to pay money for their day to day expenditures. Mobile wallet are taking the banking industry into a new technological era. There are various mobile wallets provided by various Indian companies. You just need to download these digital wallet apps into your smart/android phones from the play store. With the development of Unified Payment Interface (UPI) the transitions becomes easy. As the technology is growing day by day, these mobile wallets are becoming famous everywhere.
Here we are providing few Best E-wallets apps which are very famous in India. They are listed as below:
Paytm is the most famous among best mobile wallet app used in India in these days. It offers users with the online payment platform for secure transactions. Paytm has expanded e-commerce by providing, mobile recharge, e- ticket booking, bill pay and distribution of financial products too. In 2017, Paytm became India’s first payment app to cross over 100 million app downloads. This is very user friendly app. In India almost each and every shops, t-stalls, malls, medical stores, groceries stores and other shopping places have paytm facility for the people. So you don’t need to worry to keep the cash in your pockets, just use paytm for your daily transactions.
Paytm have now opened their Paytm mall and also have products i.e. paytm payments bank, paytm money and paytm gamepind also. They provide various services i.e. online shopping, payment systems, digital wallets. Paytm have the tag line “Simple and incredible Paytm Karo”. You can download paytm app here for you iphone and for android users.
The goal of Phonepe Mobile wallet app is to make digital payments so easy, safe and universally accepted that people never feel the need to carry cash or cards again. Phonepe wallet apps is supported by YES Bank, in which users require a mobile number or a unique payment identity for payments. At present, it is functioning across 40 UPI enable banks. It permits the users with transaction of 1 lakh per transaction. Users can pay their bills, mobile recharge, and bank to bank transfer through phonepe which provides multiple payment options.
Phonepe also provides various offers to users to avail cash back on payments through it for next utility bill, recharge or shopping. PhonePe has made commerce a seamless experience for both customers and businesses. PhonePe makes it easy & affordable for the entrepreneur to get discovered and accept digital payments from your customers. You can download phonepay from here: android users || iphone.
PayU Money is a foremost online payments solution company in India, which started operating in October 2011. Now it has grown into the highest emergent consumer payment bank in the online payment space. As of now, PayU Money is having more than 1200 merchants involved. This Mobile Wallet is a savings account payment gateway for users. You can receive payments on your online store, without registering your business.
You only have Savings Bank A/Cand you can start receiving payments in only 48 hours. Accepting payments on mobile is very easy through lightweight mobile SDK. Loaded with features like auto read OTP and magic retry, our SDK is always updated to provide your customers a seamless payment experience. You can download payUmoney app here: android user | iphone
In India, another digital wallet application is MobiKwiK. It was founded in 2009. Reserve Bank of India made authorized use of MobiKwiK’s wallet. This e-wallet is use to buy things online, recharges, paying bills, booking tickets and many other things that can be easily done. This wallet also makes money transfer easy using phone numbers.
A user can add money by using debit card, credit card, net banking and it even provides the option of cash on delivery. In addition to this information, MobiKwiK also provide cash back offers and rewards. It can be download from play store for android, iOS.
5. Citrus Pay
Citrus Pay is a popular e-wallet which was acquired by PayU. It is e-wallet app which is used for storage of cash, various kinds of payments and money transfer. In addition, Citrus Pay is also tying up with number of offline stores so that their customers can do shopping at various stores. These offline service providers are selected after Citrus Pay’s collaboration with Woohoo. It is also known for introducing industry-first payment solutions.
Citrus Pay has also tied with many merchants such as Delhi metro, Delhi Jal board, PVR, BookMyShow a with some airlines like jet airways, GoAir etc. This mobile wallet app can be downloaded from play store for Android and iOS users.
6. State Bank Buddy
State Bank Buddy is an app designed for smart phones launched by State Bank of India. It is the first e-wallet app of India, whose service is available in 13 different languages. It is also available for non-SBI customers.
This wallet helps the user to transfer money to other users, to other bank accounts. It is also used for bill payment, recharge, movie booking, booking of hotels, shopping and for ticket booking also. This app also reminds customers about their dues. Mini-statement for the transaction can also be viewed in this app. It can be downloaded from play store for Android users and iOS users.
Momoe is Bangalore based company. This app was designed with the motive of changing ways for making payment while customer is eating out, travelling or shopping at retail shops, grocery shops, salons and other outlets. With the use of credit card and debit card details a customer can add money to this Mobile wallet app and also store money in it. The initial focus of this app was to pay bills easily at restaurants due to which many people were attracted by it for more it’s more installations.
The service of this app is currently available in Bangalore only but due to its increasing popularity it will be soon expanding their services to new six cities. Users can download this app here: android users | iphone users
8. ICICI Pockets
ICICI Pockets is the first app that brings UPO- based payments. It was developed by ICICI to make online payment system easy. . With the help of this app, a customer can shop anywhere and make payments to anyone and to any bank. It provides many exclusive deals and packages from the associated brands.
In addition to this many more services can be utilized by using these pockets such as recharge, book tickets, send gifts and split expenses with friends. It can be downloaded from play store for Android and iOS users.
9. Airtel Money
Airtel Money wallet was launched by Airtel Payment Bank. When it was launched in 2012, initially it was only used by micro section of urban population. After demonetization, this app grew rapidly. It can be use to transfer money to friends and also for mobile recharges both prepaid, post paid recharges, DTH services and many more things. It also provides many discounts, cash back offers and coupons. By single click, one can transfer or make payment easily.
The main benefits of this app is that, it do not require any bank account, completely secure, quick payment, and limit is of 6 months for non usage or deactivation. It can be downloaded from play store for Android and iOS users.
FreeCharge now days, it is the fastest growing payment app. FreeCharge is an e-wallet which was initially launched in Gurgaon. In 2015, it was acquired by Snap deal and later on in 2017, Axis Bank acquired. With The use of this app, one can pay electricity bills, recharge mobile phones, DTH recharge, post paid recharges and many more services.
This wallet can be used to save time and avoid long queues for making payments of various bills. This app has simple and secure procedure followed for the transactions. Due to its fastest system and secure payments it is growing rapidly. It can be downloaded from play store for Android and iOS users.
You can use any of the above given apps for your daily transactions. These apps have made the payments systems very easy. People don’t need to worry about having cash in their pockets; they don’t need to carry their cards with them because they can use any of these apps for their transactions. E-payments apps have enhanced the e-banking also. I recommend perfect app for you i.e. Paytm which is most of the popular app among all the apps used in these days. Don’t think of anything else, just go for it and enjoy tension free shopping or any kind of transactions!!
Also read http://www.techofield.com/order-your-taste-food-with-8-best-food-apps-in-india/