Sunday 24 June 2018

Save money with the 5 best mobile payment applications in India

One of the biggest perks of living in the digital age is that life has become stress-free. You don’t have to worry about carrying physical cash on you. Everything you need to do, whether it is shopping for groceries, paying bills or recharging phones, can be done at the click of a few buttons thanks to the various online payment solutions. What’s even exciting is that these apps offer huge discounts and cashback. If you’ve not yet gone digital, it is time to do so. Read on to find out the 7 best mobile payment apps in India that you must try.

PayTM: One of the most popular and reliable apps out there, PayTM comes in handy for almost everything; from ordering food online, to booking train/flight tickets and paying bills. What’s more, you can use PayTM for transferring money, paying bills at partner restaurants and even shopping. With over 300 million users nationwide, PayTM has also branched into its own online store where you can get deals of the day and earn cashback on almost every transaction.

PhonePe: You can directly link your PhonePe app to your bank account to conduct transactions. PhonePe is known for offering the easiest solutions for bill payments and mobile recharges. You can pay your utility bills and transfer funds to family and friends or even request fund transfers through PhonePe. The app is specially known for its user friendly interface. It also allows you to earn from referral codes and offers good cashback.

PayZapp: A popular UPI-powered online payment solution, PayZapp was introduced by HDFC Bank in 2015 and serves like an all-in-one app, eliminating the need to stuff your phone with innumerable apps. Popular online market places like BookMyShow, Goibibo, ClearTrip, Flipkart, Big Basket and numerous others have tied up with PayZapp and can be accessed from this single interface. Besides, you can use PayZapp to transfer money to your bank account or with people in your phone’s contact list. PayZapp also comes in handy for paying all kinds of bills.

ICICI Pockets: ICICI bank is another bank that has branched out and introduced its own visa-powered e-wallet that can be used by customers of any bank. Although not as elaborate as PayZapp, ICICI Pockets’ wallet feature can be used for sending money to family/friends bank accounts just by using their mobile number, e-mail id or even their Facebook ID. Funds can be sent instantly using debit cards or internet banking.

Freecharge: One of the first mobile payment apps in India, Freecharge has come a long way since it was first launched in 2010. Freecharge entered the market when the smart phone did and paved way for several similar apps to follow suit. What makes Freecharge interesting is that it has a simple and smooth interface. Additionally, it is known for offering a variety of discount coupons and cashback offers. Several merchant outlets also allow you to make payments via Freecharge.

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