Technological advances have improved the scope of speed and flexibility in completing financial transactions among the population. With more people veering around to digital payments, e-wallets and money transfer apps have become the most accessible method for effortlessly transmitting funds. Mobile-based applications enable digital transactions without utilizing paper money directly into the bank accounts. Mobile numbers are linked with e-wallets, too. To acquire more info about these transaction facilities, we will have a look into the top cashless money transfer apps and wallets.
1. Paytm
Paytm has become India’s topmost choice for money transfers. It has multiple features with more than just reserving cash. With this app, your wallet can now facilitate quick payments and digital purchases with just a scan. Through Paytm, merchants in industries like entertainment, shopping, and travel can provide services digitally.
2. PayUmoney
PayUmoney is a free payment gateway solution that is made available in India via digital wallets. Due to its market stability, it is one of the most utilized digital wallets. In addition to other services, they offer SMS and email invoicing for dealers with no official website.
3. Amazon Pay
Another most used payment service, known as Amazon Pay, is offered by Amazon for purchases. It offers a simplified and secure method to buy goods. This service also eliminates the necessity to input payment information every time you make a payment.
4. Google Pay
With its easy payment policy, Google Pay has seen a significant rise among its users. It offers peace of mind knowing your finances remain stable and protected by linking up to your pre-existing bank accounts. With this selective application, you don’t need to concern yourself with refilling wallets and completing unnecessary KYC processes.
5. Cred
You can now easily make payments with one or more credit cards at once. And it is made possible through an app called Cred. It is a platform that facilitates credit card bill payments. Users discover transparent data regarding unrevealed expenses through credits. Every Cred credit card bill payment grants access to reward cashback.
6. Freecharge
By using Freecharges’ electronic wallet, users gain access to unique promotions and voucher codes for useful commodities. Its most beneficial feature is the equal coupon issuance for every internet bill payment. It allows users to save money conveniently. A UPI-equipped wallet enables clients to perform financial transactions through the UPI network easily.
7. PhonePe
You can easily access the smooth interface of PhonePe for quick monetary transfers in India. Ease is the hallmark of using PhonePe, which allows users to perform multiple tasks including money transfer via UPI, mobile recharges through QR codes, and more. You will be accustomed to cashback and refunds for further use.
8. Cash App
Cash App offers a whole collection of useful financial tools at your fingertips. Through this platform, users have access to multiple functionalities including transferring money to their friends effortlessly, shopping online via card, making financial investments, and filing tax returns quickly in just one touch.
9. Xoom
Xoom app facilitates money transfers immediately. It is a helpful and easily accessible application that exists and caters specifically to transferring funds internationally without any delay. It provides a specialization in handling worldwide business deals quickly as a part of one of its unique characteristics.
10. MobiKwik
This app is similar to almost all other digital wallets but offers extensive offers to its users. MobiKwik allows Indian users to complete monetary transactions easily. Users of MobiKwik enjoy generous rewards such as enormous cashback deals and incredible saving discounts while paying bills/booking flights via this platform.
11. WhatsAppPay
To perform easy monetary operations within the messaging app, WhatsApp works amazingly among chat payments. With security at its utmost priority, payments may now proceed similarly just like sending a regular WhatsApp message. By using UPI technology, this payment service enables users to send and get paid.
12. Apple Pay
By using Apple Pay, customers are provided with a combo of digital wallet services, including Apple Cash and Apple Card. Financial details of its promising customers remain private because of the secure policy of the Apple Pay app. Time-taking payments are decreased through the use of this efficient app.
13. PayPal
With its worldwide usage beyond India, PayPal sticks around widely used cash transactions by phone. You just have to link your bank accounts and you are ready to become a registered PayPal member. You will have simpler access to domestic and international payment facilities via PayPal.
14. HDFC Payzapp
To enjoy amazing benefits like fund transfers, shopping, and ticket bookings, simply install the Payzapp mobile application and link your bank account. This offers the opportunity to take advantage of fantastic discounts while simultaneously paying your bills and recharging your mobiles, DTHs, etc.
15. Yono
All over India, more than 10 languages are supported by the Yono app through SBI. With digital wallets at your fingertips, transferring money via the app proves surprisingly effortless. It covers a wide range of options that include money transfers, invoice expenses, travel bookings, shopping online, and much more.
16. Square
Square is another prominent online payment provider, Through Square, shoppers can pay digitally without physical card exchange. A Square ID is essential for every customer. Merchant accounts receive direct payments once customers leave stores.
17. Oxigen
With the Oxigen app, you can perform multiple financial activities including bill payments and transferring funds within seconds. Any bank account or phone number associated with a specific mobile network can receive money transfers from you. Oxigen is considered safe and reliable compared to most alternatives.
18. Venmo
Venmo helps to ease the estimation load related to split expenses. You can share your financial responsibilities with your roommates. Expenses such as bills and rent can now easily be transferred via Venmo. It has a one-touch feature of quick financial exchange among acquaintances similar to other mobile payment applications.
19. Ola Money
Ola Money also provides a digital wallet service. Various customer needs are addressed through the relaxing interface of this app. With money stored in your Ola Wallet, money transfers become a piece of cake.
20. Airtel Money
Users who sign up for Airtel Money get access to important features such as money transfers, bill payments, and store transactions. One of the most convenient features of Airtel money is that it can be used even by users who don’t have a bank account. With this feature linked to the phone number, users enjoy simplified exchanges without any fuss.
