Mobile wallet is a new trend in India that has been put down credit card usage and is gradually replacing the traditional payment methods. Not a single person in the world can deny that Digital payment methods are simpler and fastest compare to the traditional methods and we don’t need to worry if we carried sufficient cash or not. The Indian government is also stressing digital payment methods as it is the best way to move towards cashless transitions.

Nothing can be more pleasing than you be able to make all your payments like electricity bills, rents, loan EMI’s, water bills, gas bills, mobile recharge, DTH recharge, transfer money to anyone anywhere at any time, and many more through your Smartphone with good internet connection. The most amazing about these applications is that you don’t need to carry any plastic cards, cash, and cheque just you need to carry your smartphone. There are countless payment applications available on Play Store and App Store for Android and IOS users respectively from them to download and use, but few of them are really amazing and which are preferred in India which are listed below.

1. Google Pay

Google Pay formerly was known as TEZ. It is developed by Google. Through GPay you can transfer money to anyone and anywhere at any time, online shopping, pay all kinds of bills through UPI or bank account. Gpay also provides the facility for QR code scan so can make payment within seconds. Gpay pay also works with your existing bank account, which means your money is safe with the bank.You don’t need to do KYC like other payment applications.Users from the United States and India can also use GPay in IOS phones.  You can also earn scratch cards, coupons, and cashback which can be immediately debited to your bank account.

2.PhonePe

PhonePe was developed in December 2015. PhonePe is part of Flipkart. From money transfer to online bill payments, UPI payments to recharges, you can do all on PhonePe. It got an excellent user interface and is one of the secured and fastest online payment experiences in India. Almost 218 million people use PhonePe. PhonePe is available in 11 different languages.

3. Mobikwik

Mobikwik is one of the popular digital payment applications in India. It launched in the year 2009. This application lets its users add money through debit, credit cards, net banking, which can, in turn, be used to recharge, pay utility bills and shop at the marketplace. Mobikwik also recently engaged with large and small-time grocery stores, restaurants, and other offline merchants.

Another amazing feature of Mobikwik is an expenses tracker, you can keep track of your expenses so can you can get an idea of where to save your money and on what things you can spend your money. It uses your SMS data to analyze and control spending. Mobikwik has 55 million users.

Now, you’ve idea about which payment applications are best and used in India. Get payment application in your smartphone enjoy your money transactions by using this applications and make your money secure.    

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