Top 5 mobile payment apps
Posted on: 02/Jan/2017 11:19:50 AM
Mobile payment apps have now become the next big thing. These Apps provide easy payment of Mobile/Electricity/Water bills, online cash deposit, Grocery/Vegetable Bills, Virtual Wallet etc. Here is a list of 5 Mobile Payment Apps for Cashless transaction /Bill payment in India.
Paytm is one of the most used and recognized mobile payment apps in India. It provides facilities such as Mobile recharge, pay bills, book tickets, transfer money, book Movies, online shopping and many more categories. You can pay with Paytm Wallet to book train tickets, order food or movie tickets. Paytm is also available with cab and auto rides. Many petrol pumps also accept Paytm. To use Paytm features, you just need to have a registered mobile number and a debit/credit card. Paytm Wallet features can be assessed by linking your bank account/ Debit card with Paytm account.
MobiKwik was first started as a mobile recharge website. But it changed itself to one of the most used mobile transaction website/app. With Mobikwik you can do, online recharge, DTH recharge, Bus Ticket bookings, IRCTC bookings, Prepaid, Postpaid, Electricity, Gas Bill Payments, Insurance Payments & Broadband, Landline, Datacard Bill payments. This app also gives offers on offline & online stores like Bookmyshow, Big Bazaar, Archies, Dominos, Jabong, Myntra etc.
Unified Payment Gateway, or UPI, was introduced by the Government of India to increase the use of Digital wallet. This feature allows you to pay through your digital wallet. Payment can be made to a supermarket or a Vegetable vendor. It is easy to use and provides hassle free services. With UPI, you don’t even need to carry your debit card/credit card. UPI is an alternative to NEFT and RTGS features of money transfer. To use this feature, you will have to download the UPI app of your bank from Google Play store. UPI is easy to use service and will be the face of digital revolution in India. Also, it comes directly from RBI, hence you can trust its transaction process.
SBI Buddy is a mobile payment app developed by SBI. It can be used by any user, including non SBI users. Using SBO Buddy, you can ask money and send reminders to settle dues, transfer additional cash into an account of your choice free of cost, Recharge and Pay Bills instantly, Book for movie tickets, flights and hotel and shop for your favorite merchandise. To use this app, just register your Mobile number and your Bank account. After registration, you can use any feature of this app.
POCKETS is developed by ICICI bank. This Mobile payment app is also available to any Indian bank account holder. This app is same as SBI Buddy. Except you can avail additional offers of third party stores such as KFC, Myntra etc. POCKETS is enabled with RBI’s UPI interface. Hence ICICI users can avail additional feature.
