Monday 12 November 2018

5 innovative mobile payment apps in India

With the rise in popularity of online shopping and E-commerce websites, dependence on payment apps to make payment for purchases has also increased. In the aftermath of demonetisation, using a payment app has become more frequent and preferred method of payment.

Here is a list of the most innovative mobile payment apps that are a rage in India.

PayTM
This is probably the most popular payment app right now. A large number of people use PayTM to make payment for a variety of services. All payments are associated with incentives and discounts that offer huge cash savings to the users. The user-friendly and easy to use interface helps to enhance the popularity of the app as well.

MobiKwik
This payment app allows a person to make payment for a wide range of services, such as electricity bills, mobile bills, online shopping etc. by logging in to their accounts. You can use the money in your digital wallet or a credit/debit card to pay.

JioWallet
The simple layout of this payment app makes it very convenient for use by new users. With this app, you can make payment of bills, recharge your phone, shop, send, and receive money easily.

PayZapp
This payment app by HDFC Bank allows you to make payments and shop for movie tickets, groceries, and a range of other products. This app promises a complete solution to all your transaction needs. You can avail great discounts using SmartBuy feature and pay bills, recharge mobiles and reap benefits of several other services using this payment app.

State Bank Buddy
You can conveniently use this app, which is operated by the largest network of banks in India for mobile recharges, paying utility bills, credit card bills, shopping and sending money to other users of this app. The payment process is simple and safe. This payment app is available in both Hindi and English for better accessibility. All payments are made through your credit or debit card.

The number of users of mobile payment apps is around 250 million at present. However, this figure will predictably double in a year or two. If you are among the users who are yet to make the shift from manual payments to mobile payments, this list of innovative mobile payment apps in India is exactly what you need.

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