Want to go cashless while paying or receiving money? Try any of these popular and best mobile wallet apps in India for 2017. Safe Secure and also biggest mobile payment companies or digital wallets in India.
Shopping patterns have changed significantly in the past few years. Mobile Point of Sale terminals has existed for a considerable amount of time. And, mobile wallets are a whole new concept in the country. However, people have adapted to the use of mobile wallets quite quickly. Here is our pick of top 10 best mobile wallet apps in India as of 2017.
Top 10 Best Mobile Wallet Apps In India 2017
The country’s largest mobile wallet company is “PayTm”. They offer digital wallets that can be used to store and make quick transactions. PayTm was launched in 2010 and it revolves around a semi-closed model. You can use PayTM to transfer money, pay bills and avail services from various industries.
PayUMoney is an efficient e-wallet that allows customers pay for services and store cash. To differentiate its services from many other players, PayUMoney includes a one-touch check facility and numerous discounts on transactions
Mobikwik connects 50,000 retailers and around 25 million users. It is an independent mobile payment network that lets users add net banking, debit cards, credit cards and even doorstep cash collection services. They are extremely convenient and easy to use.
Freecharge is one of the very first online recharge companies which later transformed into an effective online payment service provider. It is currently owned by Snapdeal and ranks among best Mobile wallet apps in India as of 2017.
Citrus is a well-known wallet for money transfers, cash storage, and payments. They have signed deals with many online service providers like Woohoo.
6. State Bank Buddy
This is a mobile wallet designed by the State Bank of India. It is meant for transferring money to bank accounts and other users. The semi-closed wallet is available for all users and its services are available in 13 different languages. It is one of the most used digital wallets in the country.
7. ICICI Pockets
ICICI Pockets is a digital bank that helps friends split expenses, book tickets and recharge on the go. The wallet makes use of a virtual VISA card that comes with exclusive packages and deals.
8. HDFC PayZapp
HDFC PayZapp is created and managed by HDFC. It is a simple wallet for processing payments and transferring money. The mobile application lets people transfer money to anyone in their contacts list.
LIME is designed by Axis Bank. The application offers banking services, shopping facilities, payment options and a mobile wallet. You can use LIME to pool funds from many accounts.
10. Citi MasterPass
Citi MasterPass is another digital wallet for secure and faster online shopping.
Smartphones are playing a vital role to make India a less cash economy and mobile wallets are certainly the platforms which everyone is using a lot these days. These 10 are most popular, most downloaded and according to us best mobile wallet apps in India for 2017. They are secure and easy to use which makes them favorite for customers looking to pay online for their purchases and services.