The Honorable PM Narendra Modi’s government is pushing for digital payments through online banks, cards and e-wallet to promote India Go Cashless. There are a number of payment options available in the market for people to go cashless, payments electronically or online payments by using digital wallets. Here is the list of best 5 mobile wallets in India for online payments and to make instant recharge or bill payments.
PayTM is the most popular Indian e-commerce website and mobile wallet to make instant mobile recharge, bill payment, data card, recharge, and utility bill payment. The application launched Paytm Wallet app and also started India’s first payments bank to enable a cashless economy.
OxiGen FinTech company is one of the major payment solutions providers in India and allows customers to make recharges,bill payment and transfer money through bank and Oxigen Wallet. The Oxigen Services has headquarter in Gurgaon and is India’s first non-bank wallet approved by Reserve Bank of India.
FreeCharge is an e-commerce website and a Mobile Wallet to recharge your mobile,electricity bill payments,DTH data card recharges. Now the FreeCharge users can book train tickets, pay broadband bills payment and also ties up with Mumbai Police for traffic fine payment and with Jet Airways for cashless.
PayUMoney is best payment gateway company in India for payments online and offline. New PayUmoney app and PayUmoney wallet are offering recharges,bill payments,ticket purchases and flight bookings.
MobiKwik is truly a mobile wallet and online payment system that provides users the add money using debit or credit card to make mobile bills and DTH recharge. Lite app of MobiKwik hits 20 lakh downloads within 48 hours and the wallet is a semi closed wallet authorized by Reserve Bank of India.
E-Wallet or M-Wallet Service Providers in India
Other best payment gateways and E-Wallet service provider for your online business in India are mRupee,Citrus Wallet, State Bank Buddy,ItzCash, RazorPay, Ola Money, JioMoney Wallet, Momoe,mVisa,InMobi, MPesa,ICICI Pockets,HDFC Chillr,LIME,Airtel Money,Idea Money,UPI,Novopay, and IRCTC e-Wallet.
BHIM e-wallet, was launched by Prime Minister Narendra Modi for Android users. The BHIM App is the finest example of Make in India based on the Unified Payment Interface and has crossed 10 million downloads on Google’s PlayStore.